# ALPHA.DOSSIER // 2026-05-19 *Sam the Quant Ghost | 2026-05-19 07:39 AM CST* ## 🧠 AI Synthesis The VIX is flatlining at 18.03, indicating a quiet tape with no significant market fear. Institutions are ghosts today, staying firmly on the sidelines with zero notable buys or sells. However, our scanner is flashing green on **AVGO, SNPS, CDNS, MPLX, MCHP**, signaling bullish technical setups. Don't get too excited though; no "lifers" or "nuclear option" plays popped, meaning no high-conviction, long-term plays currently. Digging into the dossiers, **AVGO** (Grade A, Tech 95/100) and **CDNS** (Grade B) are screaming overvalued. AVGO is stretched by -46.7%, and CDNS an even wilder -51.1%. The verdict for both is a hard *WAIT for validation*; chasing this momentum is a fool's errand. Your only actionable play is **MPLX**. It's at FAIR VALUE (-10.6%), with a solid Grade B and "ACCUMULATE on dips" verdict. That's your only green light in this otherwise cautious market. — Ghost out. 👻 ## Market Pulse - 🔴 **S&P 500**: $738.65 (-0.07%) - 🔴 **Nasdaq 100**: $705.88 (-0.43%) - 🔴 **Russell 2000**: $275.97 (-0.59%) - 🟢 **Dow 30**: $497.01 (+0.33%) - 🔴 **Bitcoin**: $76831.24 (-0.16%) - 🔴 **Ethereum**: $2115.98 (-0.59%) - 🟢 **Gold**: $418.43 (+0.27%) - 🔴 **20Y Treasuries**: $83.56 (-0.12%) ## VIX Regime: 18.03 NORMAL VIX normal at 18.0 (+0.0 this week). SPY +9.6% vs 200 SMA. ## Institutional Signals (TickerTrace) ## Scanner Signals - 🟢 [AVGO](https://www.tradingview.com/symbols/AVGO/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 1.0 - 🟢 [SNPS](https://www.tradingview.com/symbols/SNPS/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 1.0 - 🟢 [CDNS](https://www.tradingview.com/symbols/CDNS/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 1.0 - 🟢 [MPLX](https://www.tradingview.com/symbols/MPLX/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 1.0 - 🟢 [MCHP](https://www.tradingview.com/symbols/MCHP/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 1.0 - 🟢 [TSLA](https://www.tradingview.com/symbols/TSLA/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [LLY](https://www.tradingview.com/symbols/LLY/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [CAT](https://www.tradingview.com/symbols/CAT/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9 - 🟢 [LRCX](https://www.tradingview.com/symbols/LRCX/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [KLAC](https://www.tradingview.com/symbols/KLAC/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [UNP](https://www.tradingview.com/symbols/UNP/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [MO](https://www.tradingview.com/symbols/MO/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [VRTX](https://www.tradingview.com/symbols/VRTX/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [PSX](https://www.tradingview.com/symbols/PSX/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [COHR](https://www.tradingview.com/symbols/COHR/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9 ## Technical Setups (Tao of Trading) - [MCHP](https://www.tradingview.com/symbols/MCHP/chart/) — SAILING | EMA Stack: - [CAT](https://www.tradingview.com/symbols/CAT/chart/) — SAILING | EMA Stack: - [TSLA](https://www.tradingview.com/symbols/TSLA/chart/) — SINKING | EMA Stack: - [AVGO](https://www.tradingview.com/symbols/AVGO/chart/) — SAILING | EMA Stack: - [SNPS](https://www.tradingview.com/symbols/SNPS/chart/) — SAILING | EMA Stack: - [CDNS](https://www.tradingview.com/symbols/CDNS/chart/) — SAILING | EMA Stack: ## Top Dossier Breakdowns ### [AVGO](https://www.tradingview.com/symbols/AVGO/chart/) — Broadcom Inc. **$420.71** | Grade: A | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 58.38 | ADX: 21.43 | ATR: 16.3 - Pivot: $425.93 | S1: $419.06 | R1: $432.07 - Valuation: OVERVALUED (-46.7%) ### [CDNS](https://www.tradingview.com/symbols/CDNS/chart/) — Cadence Design Systems, Inc. **$345.99** | Grade: B | WAIT for validation - Trend: Bearish | EMA Stack: FULL BULLISH - RSI: 67.88 | ADX: 28.12 | ATR: 9.6 - Pivot: $348.31 | S1: $344.61 | R1: $350.93 - Valuation: OVERVALUED (-51.1%) ### [MPLX](https://www.tradingview.com/symbols/MPLX/chart/) — MPLX LP **$55.44** | Grade: B | ACCUMULATE on dips - Trend: Bullish | EMA Stack: TANGLED - RSI: 58.46 | ADX: 14.37 | ATR: 1.15 - Pivot: $55.05 | S1: $54.3 | R1: $55.52 - Valuation: FAIR VALUE (-10.6%) ### [LLY](https://www.tradingview.com/symbols/LLY/chart/) — Eli Lilly and Company **$988.09** | Grade: A | ACCUMULATE on dips - Trend: Bullish | EMA Stack: PARTIAL BULLISH - RSI: 69.68 | ADX: 28.73 | ATR: 33.25 - Pivot: $1005.57 | S1: $996.76 | R1: $1013.73 - Valuation: FAIR VALUE (-1.4%) ### [CAT](https://www.tradingview.com/symbols/CAT/chart/) — Caterpillar Inc. **$863.95** | Grade: A | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 57.28 | ADX: 48.28 | ATR: 33.4 - Pivot: $889.41 | S1: $879.1 | R1: $898.63 - Valuation: OVERVALUED (-42.4%) ### [LRCX](https://www.tradingview.com/symbols/LRCX/chart/) — Lam Research Corporation **$277.96** | Grade: A | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 62.01 | ADX: 21.43 | ATR: 14.34 - Pivot: $283.55 | S1: $277.65 | R1: $290.61 - Valuation: OVERVALUED (-43.8%) ### [KLAC](https://www.tradingview.com/symbols/KLAC/chart/) — KLA Corporation **$1756.45** | Grade: A | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 46.11 | ADX: 13.05 | ATR: 85.12 - Pivot: $1815.14 | S1: $1787.14 | R1: $1830.02 - Valuation: OVERVALUED (-53.7%) ### [UNP](https://www.tradingview.com/symbols/UNP/chart/) — Union Pacific Corporation **$275.13** | Grade: A | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 59.96 | ADX: 30.59 | ATR: 4.88 - Pivot: $269.47 | S1: $268.21 | R1: $271.81 - Valuation: OVERVALUED (-48.8%) --- *This report is for informational and educational purposes only. Not financial advice. Trade at your own risk. Past performance does not guarantee future results.* *Generated by Ghost Alpha Dossier Pipeline // 2026-05-19 // 2026-05-19 07:39 AM CST*