Weekend Edition — Sunday, October 25, 2026 · 8:50 AM ET

Sunday, October 25, 2026 | 8:50 AM ET | Weekend Edition

Weekend Intelligence — The Southern Salvo Was Ten Missiles Wide: Sunday's Barrage Covered Three Cities While Riyadh's Reopened Airport Stayed a Declared Target

Options Flow → Market Structure → Price Action → Narrative

🔴 NEW ALERT: a material new development — the full Reuters account of Sunday's intercepts, published after the prior edition, shows the Sunday barrage was far wider than the Riyadh leg alone: alongside the two drones and one ballistic missile toward Riyadh, the coalition reported a cruise missile toward Khamis Mushait and the interception of ten ballistic missiles fired toward southern Saudi Arabia, with civil-defence alerts issued for Riyadh, Abha and Khamis Mushait before the danger was declared passed — while a second material print landed in the flow leg, where the Cboe index put/call series finally published through October 23 and rose to 1.10 — as market regime ORANGE, sector regime RED, sector severity CRITICAL and the Leadership Exhaustion Score at 6/6 are all maintained.

Engine state: market_regime ORANGE (maintained) | sector_regime RED (maintained) | sector_severity CRITICAL (maintained) | Overall risk HIGH 🔴 — maintained | Semiconductor risk CRITICAL 🔴 — maintained | Market-structure stress HIGH 🟠 — maintained | Global recovery STALLED — maintained (no cash market open anywhere; futures reopen Sunday 6:00 PM ET) | Forced U.S. liquidation UNCONFIRMED | Selling absorption NOT VERIFIED | Precursor overlay 3/5 on closes (see §2)

Executive Intelligence Summary

Developments since the October 25, 4:50 AM ET Overnight Edition:

1. NEW — the Sunday barrage's southern leg is now sized: ten ballistic missiles, three alert cities. The fuller Reuters wire, updated Sunday morning, records that on Sunday Saudi civil defence issued emergency alerts for Riyadh, Abha and Khamis Mushait before announcing minutes later that the danger had passed; that the coalition said two drones and a ballistic missile were launched towards Riyadh and a cruise missile towards the southern city of Khamis Mushait; and that it later said it intercepted ten ballistic missiles fired towards southern Saudi Arabia (Reuters via 96.5 WTOU — Saudi Arabia intercepts drones and missiles as fighting with Yemen's Houthis continues). The prior edition carried only the Riyadh leg (two drones, one ballistic missile, three explosions heard) from the early AFP wires. Classification: CONFIRMED AS REPORTED (Reuters, reporting coalition and civil-defence statements). Engine consequence: scale and geography widen — a coordinated multi-city Sunday salvo, all intercepted per the coalition, no casualties reported in the wire — but the escalation test is unchanged: no confirmed impact, no confirmed oil-infrastructure hit, no casualties reported. An intercepted salvo, however wide, does not trip the criterion; it does keep the strike-free de-escalation clock blocked.
2. NEW — Saree's post-resumption warning is explicit and quotable: the airport "will never be safe." The same Reuters wire records Houthi spokesman Yahya Saree renewing the warning after the resumption — the airport remains a "military target," with airlines, staff and travellers warned against using it — and the syndicated headline carries his formulation that it "will never be safe." Classification: CONFIRMED AS REPORTED (statement). The warning is a statement, carried as such; it is not evidence of a further strike, and no motive beyond the statement is inferred.
3. NEW IN THE FLOW LEG — the Cboe index series breaks the publication drought, and it does not normalize. A direct check this run shows the Cboe index put/call ratio now published through Friday: October 21 at 1.02, October 22 at 1.02, October 23 at 1.10 (YCharts — CBOE Index Put/Call Ratio). Index hedging therefore stayed above 1.0 through the rout week and rose on Friday — defensive index positioning persisted into the close; it did not fade. The other three series remain unpublished past their prior dates on the same direct check: total at 0.87 as of October 20 (YCharts — CBOE Total Put/Call Ratio), SPX at 1.15 as of October 20 (YCharts — SPX Put/Call Ratio), equity at 0.52 as of October 21 (YCharts — CBOE Equity Put/Call Ratio). The publication failure is therefore series-specific and asynchronous, not a single dark feed — a correction to the prior editions' blanket "twenty-first cycle dark" framing: the index leg is current through Friday; total, SPX and equity legs remain stale. The equity-versus-index distinction is preserved and is the point: the last equity print (0.52, October 21) showed call appetite coexisting with index hedging above 1.0; the fresh index prints confirm the hedging side persisted. High put volume is not proof of directional shorting.
4. UPSTREAM DIVERGENCE NOTED — the 8:14 AM upstream report's October 23 ratios are NOT VERIFIED against the primary series. This cycle's upstream email (report time October 25, 2026, 8:14 AM ET; received 8:25 AM ET) reports October 22 → October 23 moves of SPX put/call 1.23 → 1.25, equity 0.69 → 0.67 and total 0.94 → 0.93. On this run's direct YCharts checks, the SPX series' latest published value is 1.15 (October 20), the equity series' latest is 0.52 (October 21) and the total series' latest is 0.87 (October 20) — none of the three series shows an October 22 or October 23 value, so the upstream figures cannot be verified from the retrieved primary pages and are NOT used to re-score any component. Where the upstream report and the direct check can be compared on the index series, the direction agrees (defensive, above 1.0) but the upstream report does not publish an index figure. Classification: upstream October 23 total/SPX/equity figures NOT VERIFIED; the direct check governs. The upstream report's remaining content — U.S. equity-fund inflows of $5.07 billion in the week ending October 21 (large-cap +$8.63B, small-cap −$4.24B, money markets +$14.82B) and Goldman Sachs prime-reported October 22 hedge-fund strategy losses (systematic −1.2%, fundamental equity −1.1%, multi-strategy −1.4%) — is carried as CONFIRMED AS REPORTED via the upstream Reuters-syndicated account, explicitly not newly independently verified this cycle; the fund-flow week predates the October 22 de-grossing and neither disproves it nor confirms absorption after it. Its attribution — fundamental repricing amplified by institutional deleveraging, forced liquidation UNCONFIRMED, manipulation NOT ESTABLISHED — agrees with this engine's standing verdict.
5. NO CONFIRMATION — the oil-infrastructure question is unchanged for a second Sunday cycle. As of Sunday morning, Saudi authorities had still not confirmed any damage at Yanbu, Rabigh or the East-West Pipeline (Defense and Tech — Houthis Claim Aramco Yanbu, Rabigh Strikes; Saudis Report Intercepts), and Reuters records that Saudi authorities did not comment directly on the Houthi statements (Reuters via 96.5 WTOU — Saudi Arabia intercepts drones and missiles as fighting with Yemen's Houthis continues). The escalation tripwire — a confirmed oil-infrastructure hit — remains untripped.
6. No U.S. strike decision and no new maritime warning in this window. Searches this run returned no U.S. kinetic strike order or execution dated to this window and no new UKMTO warning beyond 181-26; background maritime coverage continues to describe Hormuz under a severe war-risk band with transits continuing at reduced volume — continuation, not a new incident. Classification: CONFIRMED (this run's searches) as absences.
7. Friday's closes re-verified exactly; the week-ahead calendar is confirmed. This run's yfinance re-pull reproduces Friday's verified closes: SPX 7,623.68 (−0.52%), NDX 28,957.53, Dow 52,215.16 (−1.23%), Russell 2000 2,775.90, SMH 527.20 (+0.74%), SOXX 478.20, SOXL 83.56, SKEW 151.80, 10-year 4.99%, December WTI $103.27. The VIX-family pull variance persists (pull prints 19.45 / 18.70 / 109.70 vs the close edition's verified 19.77 / 18.99 / 111.85 — the verified close governs). The week ahead: futures reopen Sunday 6:00 PM ET; the Federal Reserve meets with a policy announcement Wednesday afternoon, expected to hold rates steady while signalling further tightening is likely; Microsoft and Alphabet report after Wednesday's close and Amazon Thursday (Investor's Business Daily — Dow Jones Futures: Microsoft, Google, Amazon Lead Earnings In Doom-And-Bloom Market).

Primary diagnosis: Sunday supplied width, not resolution. The barrage that the early wires showed over Riyadh alone is now documented across three alert cities with a ten-missile southern salvo — all intercepted per the coalition, no casualties reported — on the morning the capital's airport resumed under an explicit "will never be safe" warning; and the first finalized flow print in weeks shows index hedging rising, not normalizing, into Friday's close. Neither print trips an escalation criterion (no confirmed hit, no casualties, no U.S. strike) and neither opens a de-escalation gate (the strike-free clock is blocked; defensive flow is confirmed persistent, not reduced). Fundamental repricing plus documented voluntary de-risking over structural vulnerability remains the attribution; compulsory liquidation remains NOT ESTABLISHED. Escalation is explicitly withheld and de-escalation is explicitly withheld; the next verdict belongs to price, at Sunday's 6:00 PM ET futures reopen.

Leadership Exhaustion Score: 6/6, unchanged (the fresh index prints support component 4's standing YES — defensive index positioning persisted through Friday — but no component changes state without a cash session; confidence MODERATE).

§1 Options Flow → 🟠 FLOW WARNING — ACTIVE; INDEX LEG CURRENT THROUGH FRIDAY AT 1.10, THREE SERIES STILL STALE

The four Cboe series are kept separate and are never averaged. The index series has resumed publishing; total, SPX and equity have not. Equity call appetite and index hedging continue to coexist — the distinction is the reading. High put volume is not proof of directional shorting (hedges, spreads, dealer inventory and closing trades print the same).

Upstream-reported October 23 figures (total 0.93, SPX 1.25, equity 0.67, per the 8:14 AM upstream email) are recorded here for the record and graded NOT VERIFIED: the retrieved primary pages for those three series publish no October 22–23 values. They are not tabled as readings and do not re-score the engine.

Volatility at Friday's close (carried): VIX 19.77 (close edition's verified pull governs over this run's 19.45 pull print), VIX9D 18.99, VVIX 111.85, contango intact. No weekend vol print exists; none is claimed.

Verdict tags: FLOW WARNING — ACTIVE, now confirmed current on the index leg through Friday (1.10, rising). HEADLINE RISK — FLOW NOT CONFIRMING — partially resolved: the flow leg can now speak for index hedging (it confirms defensiveness, not calm) and remains silent on total, SPX, equity and semiconductor-specific flow.

§2 Market Structure → 🟠 ELEVATED-TO-HIGH STRESS — NO NEW STRUCTURE EVENT; UPSTREAM FUND-FLOW AND PRIME DETAIL CARRIED AS REPORTED

No new market-structure event printed this cycle: no margin call, prime-broker action, forced block sale, compelled unwind or credit print. Two upstream-carried items are added to the record at their proper grade: U.S. equity funds took in $5.07 billion in the week ending October 21 — before the October 22 de-grossing — with large-cap inflows of $8.63 billion against small-cap outflows of $4.24 billion and money-market inflows of $14.82 billion (upstream email, Reuters-syndicated; CONFIRMED AS REPORTED, not newly independently verified this cycle); and Goldman Sachs prime-reported October 22 hedge-fund strategy losses of −1.2% (systematic/trend), −1.1% (fundamental equity) and −1.4% (multi-strategy) (same source and grade). Neither item changes the classification: the documented de-grossing remains VOLUNTARY de-risking; STRUCTURAL/MECHANICAL vulnerability remains present (including the quantified earnings-growth concentration graded in the Weekend Update); COMPULSORY liquidation remains NOT ESTABLISHED in any current market. Precursor overlay: 3/5 on closes, unchanged — SMH below its 20-DMA; QQQ underperforming SPY over five sessions; breadth deteriorating while headline indices hold. VIX above 20 remains intraday-only on closes; VIX rising while SPX rises is inactive.

Signal Engine

Absorption assessment: unchanged — the evidence supports no absorption claim in any of the three defined senses (FLOW ABSORPTION, BAD NEWS ABSORPTION, LIQUIDATION ABSORBED). The fresh index prints were tested against FLOW ABSORPTION's definition — defensive flow persisting while prices rise or hold — and do not meet it: index prices fell on Friday while the index put/call rose. Friday's green semi close remains a WATCH input awaiting Monday follow-through.

Leadership Exhaustion Score — 6/6 (Δ 0 vs prior edition; confidence: MODERATE)

§3 Price Action → 🔴 NO SESSION ANYWHERE — FRIDAY'S CLOSES GOVERN; SUNDAY 6:00 PM ET IS THE FIRST PRICE VERDICT

No market is open in this cycle's window. Asia and Europe are closed for the weekend; U.S. futures closed Friday 5:00 PM ET and reopen Sunday 6:00 PM ET. Friday's verified closes stand as the table of record (as-of Friday, October 23 close; re-verified by this run's pull):

Verdict tags: U.S. price action — UNCHANGED (no session). Asia price action — NO SESSION (weekend). Global recovery — STALLED, unpriced until Sunday's reopen; the reopen prices the full weekend stack: a three-city Sunday salvo with a ten-missile southern leg, a resumed Riyadh airport under an explicit never-safe warning, claimed oil-infrastructure targeting with hits still unverified as of Sunday morning, the Aden front, and a freshly quantified earnings-concentration dependence ahead of Wednesday–Thursday's prints.

§4 News Narratives → 🔴 THE SALVO WAS THREE CITIES WIDE; THE OIL-HIT QUESTION UNCHANGED

§4.1 Sunday's barrage, full account — Riyadh plus the southern salvo (NEW detail this cycle)

Event time: Sunday, October 25 (local). Publication time: Reuters wire dated October 25, updated Sunday morning (after the prior edition's early AFP wires). The coalition said two drones and a ballistic missile were launched towards Riyadh and a cruise missile towards the southern city of Khamis Mushait, and later said it intercepted ten ballistic missiles fired towards southern Saudi Arabia; Saudi civil defence issued emergency alerts for Riyadh, Abha and Khamis Mushait before announcing minutes later that the danger had passed (Reuters via 96.5 WTOU — Saudi Arabia intercepts drones and missiles as fighting with Yemen's Houthis continues). The Houthis warned they could again target King Khalid International Airport, which resumed operations at two terminals on Sunday, and spokesman Yahya Saree said the airport remained a "military target" and warned airlines, staff and travellers against using it (same wire). The wire also records that the Houthis said they attacked the airport and Saudi oil facilities on Saturday, and that Saudi authorities did not comment directly on the Houthi statements (same wire). Classification: intercepts and alerts CONFIRMED AS REPORTED (coalition and civil-defence statements via Reuters); the airport warning CONFIRMED AS REPORTED (statement). Engine read: the southern salvo widens the documented scale of Sunday's attack day — the largest single-day intercept count in this chapter's recent record — while every reported round was intercepted and no casualties are reported in the wire. Width without impact does not trip the escalation criterion, which requires a confirmed hit, casualties in a new incident class, or a confirmed U.S. strike; and a strike attempt on resumption day, now documented across three cities, keeps the 48-hour strike-free de-escalation gate blocked at hour zero.

§4.2 The resumption stands — operations resumed and continue to be reported as resumed (CONTINUATION)

The airport resumed operations at two terminals on Sunday after the October 10 attack that killed 13 people and wounded more than 300 (Reuters via 96.5 WTOU — Saudi Arabia intercepts drones and missiles as fighting with Yemen's Houthis continues); Terminal 1 handles domestic flights and Terminal 2 international flights operated by national carriers, per the airport's late-Saturday announcement (same wire). No report in this run's searches records a fresh closure or suspension after the morning intercepts. Classification: resumption CONFIRMED AS REPORTED; continued operation through Sunday morning PLAUSIBLE (no closure reported; absence of a closure report is not proof of uninterrupted operation).

§4.3 Oil-infrastructure claims — no confirmation movement (CONTINUATION)

As of Sunday morning, Saudi authorities had still not confirmed any damage at Yanbu, Rabigh or the East-West Pipeline (Defense and Tech — Houthis Claim Aramco Yanbu, Rabigh Strikes; Saudis Report Intercepts), and the wire position is unchanged — debris from interceptions, hit-vs-intercepted unclear, no direct Saudi comment on the claims (Reuters via 96.5 WTOU — Saudi Arabia intercepts drones and missiles as fighting with Yemen's Houthis continues). Classification: claim CONFIRMED AS REPORTED (unchanged); any hit NOT VERIFIED (unchanged). Sunday's intercepts do not bear on the oil question either way.

§4.4 U.S. strike question and maritime — no decision, no new warning (CONTINUATION)

No strike order, execution or new presidential statement dated to this window appeared in this run's searches; the standing posture (intelligence and targeting support provided; direct strikes declined so far; post-midterms escalation signalled in prior reporting) is unchanged. No new UKMTO warning beyond 181-26 appeared; background coverage continues to describe Hormuz transits continuing under a severe war-risk band at reduced volume. Classification: CONFIRMED (this run's searches) as absences; the background maritime characterisation is carried unlinked, as continuation color only.

§4.5 The week ahead (CONTINUATION, calendar confirmed)

Futures reopen Sunday 6:00 PM ET. The Federal Reserve meets this week with a policy announcement Wednesday afternoon, expected to keep rates steady but signal further tightening is likely, followed by comments from Chair Kevin Warsh; Microsoft and Alphabet report after Wednesday's close and Amazon Thursday, with SanDisk and Eli Lilly also headlining a very busy earnings week (Investor's Business Daily — Dow Jones Futures: Microsoft, Google, Amazon Lead Earnings In Doom-And-Bloom Market). The earnings-concentration test dated in the Weekend Update falls in the same window: the handful of companies carrying roughly two-thirds of expected index profit growth begin reporting into a tape whose leadership score is at maximum exhaustion.

§5 Event Timeline

Attribution Verdict: mixed — fundamental repricing (Meta capex/FCF, Lam supply constraints, oil into costs, Solidigm withdrawal) + voluntary institutional de-risking over structural/mechanical vulnerability, the vulnerability leg carrying the quantified earnings-growth concentration graded in the Weekend Update. This agrees with the upstream report's combination verdict (fundamental repricing amplified by institutional deleveraging). Confirmed compulsory liquidation: NOT ESTABLISHED (current, any market). Manipulation / coordinated distribution: NOT ESTABLISHED — no credible direct evidence; none inferred from timing. The parties' stated rationales are carried as their statements only; no further motive is inferred.

§6 Risk Engine Decision → MAINTAINED — ORANGE / RED / CRITICAL; DE-ESCALATION WITHHELD; ESCALATION WITHHELD

Overall call: maintain — with a NEW ALERT on the developments, not on the state. Two material prints landed and neither moves a dial: the Sunday barrage's documented width (three alert cities, a ten-missile southern salvo, all intercepted, no casualties reported) widens the attack chapter without tripping the escalation test, and the first current finalized flow print in weeks (index put/call 1.10 on Friday, rising) confirms defensive positioning persisted rather than normalized, which blocks the flow de-escalation gate on evidence rather than on absence for the first time in this sequence. No escalation criterion tripped: no confirmed oil-infrastructure hit as of Sunday morning; no confirmed U.S. kinetic strike; VIX sub-20 on closes; the 10-year at 4.99%; credit calm at Friday's cash. Escalation is explicitly withheld and de-escalation is explicitly withheld.

Required confirmations (de-escalation)

What the regime means for leveraged semiconductor exposure: unchanged — with the sector regime RED at CRITICAL severity and the exhaustion score at its maximum, leveraged semiconductor exposure carries gap risk into a Sunday reopen that must price the full weekend stack with no intervening cash session; the engine's de-escalation bar (a cash-session semi recovery AND normalizing flow together) has now been failed on the flow side by a current print, not merely left untested. Invalidation: a verified oil-infrastructure hit, a confirmed U.S. kinetic strike, or a Sunday crude gap through $120 Brent would force an escalation review next cycle; a Monday semi-led breadth thrust with defensive index flow finally falling would open the de-escalation review.

Final Intelligence Diagnosis

Options flow — FLOW WARNING active, and for the first time in weeks the index leg is current: 1.10 on October 23, rising — defensive index hedging persisted through the rout week; total, SPX and equity legs remain unpublished past October 20–21, and the upstream report's October 23 figures for those series are NOT VERIFIED against the direct check. Market structure — stress HIGH, voluntary de-risking documented, compulsory liquidation not established; structural vulnerability carries the quantified earnings-growth concentration. U.S. price action — no session; Friday's breadth-negative close stands. Asia price action — no session (weekend). Narrative — the Sunday barrage is now documented at full width: two drones and a ballistic missile toward Riyadh, a cruise missile toward Khamis Mushait, ten ballistic missiles intercepted toward the south, alerts across three cities and the danger declared passed — all intercepted, no casualties reported — on the morning Riyadh's airport resumed under a renewed "will never be safe" warning, while the oil-hit question and the U.S.-strike question both remain exactly unconfirmed. Forced liquidation — UNCONFIRMED currently. Selling absorption — NOT VERIFIED in any defined sense. Overall: ORANGE / RED / CRITICAL with LES 6/6 — a held position awaiting the first price verdict at Sunday's 6:00 PM ET futures reopen and the first cash-session verdict on Monday.

Missing Evidence / DATA UNAVAILABLE

• Cboe finalized put/call ratios for October 21–23 for the total, SPX/SPXW and (October 22–23) equity series — unpublished on this run's direct YCharts checks; the index series alone has resumed (through October 23). LES component 4 now rests on the current index print plus October 20 semiconductor data.
• Verification for the upstream report's October 23 total (0.93), SPX (1.25) and equity (0.67) figures — absent from the retrieved primary pages; the figures are recorded, graded NOT VERIFIED, and unused.
• Independent re-verification of the upstream-carried fund-flow ($5.07B, week ending October 21) and Goldman prime October 22 strategy-loss figures — carried CONFIRMED AS REPORTED from the upstream Reuters-syndicated account; no separate primary retrieval this cycle.
• Friday's final NYSE/Nasdaq advance/decline and new-high/new-low counts, including a final Nasdaq new-lows figure — not directly fetched; breadth is scored on closing price character.
• Any Saudi confirmation, operator statement, damage assessment or imagery establishing whether the claimed Yanbu / Rabigh / East-West Pipeline targets were hit — absent again this run, as of Sunday morning; hit-vs-intercepted remains unclear per the wire, so the oil-hit escalation criterion cannot be scored as met.
• Any casualty or damage reporting from Sunday's southern salvo beyond the coalition's intercept account — the Reuters wire reports alerts issued and lifted and interceptions claimed; no impact reporting was found.
• Any vessel identity, operator statement, UKMTO notice or CENTCOM comment matching the IRGC's claimed hulls (October 21–23) — still absent; the claims remain UNCONFIRMED.
• Sunday futures marks — do not exist until the 6:00 PM ET reopen Sunday; no crude or equity gap can be scored this cycle.
• Whether KKIA operations continue through Sunday without interruption after the morning intercepts — no closure was reported in this run's searches, but continued uninterrupted operation is not thereby proven; the 48-hour de-escalation clock has not started in any case, because a strike attempt occurred inside the first day.

Threads to watch

1. Sunday 6:00 PM ET futures reopen — Brent against its $116.72 December settle ($120 above / $108 below are the reference levels in Saturday wraps) and equity futures against Friday's breadth-negative close, pricing the full weekend stack — now including a three-city Sunday salvo at ten-missile southern scale.
2. Hit-or-claim verification on the oil spine — whether any Saudi, Aramco or independent source confirms or refutes a hit on Yanbu, Rabigh or the East-West Pipeline before the reopen; confirmation is the escalation tripwire, refutation deflates the claim premium in Sunday crude.
3. Does the reopened airport stay open, strike-free? — whether KKIA operations run through Sunday and Monday without a further attempt; only a genuinely strike-free 48 hours starts the aviation de-escalation clock the gate describes, and Sunday has already failed that test.
4. Monday's semiconductor follow-through into a loaded week — whether Friday's single green semi close extends in cash trade while defensive index flow (1.10 and rising) finally falls, ahead of the FOMC decision Wednesday and Microsoft/Alphabet/Amazon earnings — the first real test of the de-escalation bar since the rout.

Market intelligence and analysis for informational purposes only — not investment advice.

Sources: Reuters via 96.5 WTOU (full Sunday intercept account: Riyadh drones/ballistic missile, Khamis Mushait cruise missile, ten ballistic missiles intercepted toward the south, three-city civil-defence alerts, Saree airport warning, airport resumption at two terminals, no direct Saudi comment on Saturday's oil claims); Defense and Tech (no Saudi oil-damage confirmation as of Sunday morning; Saree Mecca/Medina denial; Saturday intercept and debris record); YCharts (Cboe total, equity, index and SPX put/call series, direct checks this run — index through October 23, equity through October 21, total and SPX through October 20); upstream full report by email, report time October 25, 2026, 8:14 AM ET (fund flows and prime-reported strategy losses carried as reported; its October 23 total/SPX/equity ratios graded NOT VERIFIED against the direct checks); Investor's Business Daily (week-ahead calendar; futures reopen time; Fed expected hold with tightening signal); yfinance re-pull this run (Friday closes re-verified); prior editions (carried closes, earnings-concentration grading, calendar).