2026-06-29 · 4 min read
Session edge, AI coach verdict, and running P&L for 2026-06-29.
Trim Review
How much of today's result was carried by a few outliers? The table recomputes the core session stats with the biggest movers removed. Trimmed rows are colored vs baseline: green = holds most of the move, amber = meaningful erosion, red = collapses or flips sign.
| Scenario | Trades | Net P&L | Total R | E[R] / trade | $ WR | PF |
|---|---|---|---|---|---|---|
| Baseline (all trades) | 26 | −$4361.37 | -3.90R | -0.150R | 38.5% | 0.33 |
| − single best + single worst | 24 | −$2312.24 | -2.07R | -0.086R | 37.5% | 0.30 |
| − top 2 + bottom 2 (≈5% each tail) | 22 | −$1925.67 | -1.72R | -0.078R | 36.4% | 0.29 |
Trimmed trades: Single best + single worst — removed UPC +$1134.71 (best) · UPC −$3183.84 (worst). Top 2 + bottom 2 — removed 2 from each tail (by $ P&L).
Broad-based red session: the loss is still there after trimming the biggest movers — this wasn't one bad trade, it was the whole book tilted the wrong way.
Session verdict
UPC opened at $17.17 and made its intraday high of $18.84 at 9:29am ET — a 9.7% move from the open. That is the smallest open-to-high of any runner in today's session; seven other names ranged from +29% to +66% from their opens. You traded UPC exclusively, which means you concentrated in the name offering the least available range of any runner on the day.
Your 9:13am position in UPC caught the pre-high move and produced +$1.13k. Your 9:30am position — opened one minute after UPC made its 9:29am high — lost -$3.18k.
From that $18.84 high, UPC dropped to a $12.61 close, -33% below the high and -26.6% below the open. The stock did not simply give back its gain; it closed $4.56 below the open, so the high at 9:29am was the worst possible entry of the session.
Net across both UPC positions: approximately -$2.05k. The remaining 24 positions contributed roughly -$2.31k to the total — none of those names appear as meaningful movers in today's runner data.
The session loss is highly concentrated: the 9:30am UPC position alone accounts for 73% of the -$4.36k day.
Seven other runners today moved +29% to +66% from their opens and you did not take positions in any of them. That is the full scope of the opportunity cost.
The pattern from June 26 — buying into a name within one minute of its intraday high and absorbing the full reversal — repeated exactly in UPC's 9:30am entry. UPC generated $644.7M in dollar volume on a 0.6M-share float, the most active name of the day by a wide margin, but volume did not equate to range: the entire 9.7% open-to-high move was complete by 9:29am ET, and the 9:30am entry bought into a stock already in decline.
High dollar volume is what draws attention to a name, but on UPC today it reflected the force of the reversal rather than the magnitude of the up-move.
Across the trailing seven days, runners that made their intraday highs before 8am ET almost uniformly surrendered those gains: approximately 20 of 22 such names retained less than 30% of their open-to-high move by the close. The five runners that made their highs after noon retained positive moves in all five cases, and three of the five held 40% or more.
UPC's 9:29am high places it at the boundary of that early-peak group, and its close at -273% retained — meaning it ended $4.56 below its open despite a 9.7% up-move — is the most severe result of any name in the dataset this week. The 9:30am position entered UPC at exactly the point that pattern becomes most costly.