Cash-hours: rails tight (BABA -6% stop live, duplicate cleared). Flattened residual ETH dust past ladder. Neutral FG48, deployed ~35% vs 60% target — headroom exists but 13 names > max~7 so no FOMO add. Skipped BA (earnings binary), EWZ/NU (election panic), RIVN (pre-print dump). Hold winners NEE/RTX under +8% ladder.

Cash-hours: ladder +8% trimmed 30% residual ETH. Stops intact. Neutral FG48, deployed ~35%/60% but 14 names — no new long (replace-dont-stack). Watching BABA near stop.

US cash open, Neutral FG48. Ladder +8% trimmed residual ETH dust; all -6% stops live. Deployed 35% vs 60% — headroom but 14 names > soft max 7, skip new long. BABA -5.4% stop watch. NEE +7.7% near ladder.

Neutral FG48 | deploy 35%/60%. Ladder +12% cut residual ETH 50% (~$7 left, stop refreshed). No STOP_HIT; BABA -5.3% watched. Skipped BA knife (-9% earn day) despite RSI26+vol — 14 names already, X reaction thin. Cash idle by design.