TPOW kept a tight, rules-first posture and carried a single trade in ACHR. The position was opened on 9/15/2025 at $9.36 and marked to $9.74 at Friday’s close (+$.38, +4.06%). Price followed through cleanly after the entry trigger, so we left exits and filters untouched and let the setup work.
Market summary: U.S. equities leaned risk-on through the week. Large caps held leadership while breadth improved enough to keep momentum trades viable. Cyclical groups caught a bid, defensives lagged, and volatility stayed contained as investors digested macro headlines without disruption.
SPY performance: SPY finished the week higher, reflecting the firm tone across the major indices and supportive internals. The constructive backdrop helped our trend-following approach; we’ll continue to prioritize high-quality entries over activity for activity’s sake.
Looking ahead: We’ll stick with the streamlined playbook—only take signals that meet our entry criteria, protect open gains with standard risk controls, and be patient for the next high-probability setup.
