# ALPHA.DOSSIER // 2026-05-21
*Sam the Quant Ghost | 2026-05-21 07:46 AM CST*

## 🧠 AI Synthesis

VIX is chilling at 17.69, signaling a market content to drift with zero conviction. Institutions are ghosting us—no notable buying or selling, no sector leaders emerging, and absolutely zero 'lifers' or 'nuclear' plays on the radar. It's a low-volume yawn-fest from the pros, indicating a lack of strong directional bias or actionable alpha for smart money.

Our scanner did light up a few names: CDNS, SNPS, COHR, MPLX, and TSLA. But don't chase blindly. CDNS, despite the buzz, is priced for perfection, sporting a whopping 51.8% overvaluation – a hard *WAIT*. Same goes for CAT, an A-grade name, but trading 42.7% rich. The lone sensible play today? MPLX. At fair value (-10.7%) and a "HOUSE tier" rating, it’s a clear *ACCUMULATE on dips*. The rest are overbought or dead money until the fat lady sings.

— Ghost out. 👻

## Market Pulse

- 🟢 **S&P 500**: $741.25 (+1.02%)
- 🟢 **Nasdaq 100**: $713.15 (+1.66%)
- 🟢 **Russell 2000**: $279.87 (+2.52%)
- 🟢 **Dow 30**: $500.24 (+1.27%)
- 🔴 **Bitcoin**: $77161.76 (-0.38%)
- 🔴 **Ethereum**: $2115.56 (-0.54%)
- 🟢 **Gold**: $417.4 (+1.43%)
- 🟢 **20Y Treasuries**: $83.91 (+1.07%)

## VIX Regime: 17.69 NORMAL

VIX normal at 17.7 (+0.4 this week). SPY +9.8% vs 200 SMA.

## Institutional Signals (TickerTrace)

## Scanner Signals

- 🟢 [CDNS](https://www.tradingview.com/symbols/CDNS/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
- 🟢 [COHR](https://www.tradingview.com/symbols/COHR/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
- 🟢 [TSLA](https://www.tradingview.com/symbols/TSLA/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
- 🟢 [WDC](https://www.tradingview.com/symbols/WDC/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9
- 🟢 [VRT](https://www.tradingview.com/symbols/VRT/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9
- 🟢 [BMO](https://www.tradingview.com/symbols/BMO/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9
- 🟢 [PWR](https://www.tradingview.com/symbols/PWR/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9
- 🟢 [BNS](https://www.tradingview.com/symbols/BNS/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9
- 🟢 [FANG](https://www.tradingview.com/symbols/FANG/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9
- 🟢 [NUE](https://www.tradingview.com/symbols/NUE/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9
- 🟢 [MCHP](https://www.tradingview.com/symbols/MCHP/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9
- 🟢 [TTWO](https://www.tradingview.com/symbols/TTWO/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9

## Technical Setups (Tao of Trading)

- [CAT](https://www.tradingview.com/symbols/CAT/chart/) — SAILING | EMA Stack: 
- [VRT](https://www.tradingview.com/symbols/VRT/chart/) — SAILING | EMA Stack: 
- [CDNS](https://www.tradingview.com/symbols/CDNS/chart/) — SAILING | EMA Stack: 
- [SNPS](https://www.tradingview.com/symbols/SNPS/chart/) — SAILING | EMA Stack: 
- [COHR](https://www.tradingview.com/symbols/COHR/chart/) — SAILING | EMA Stack: 
- [WDC](https://www.tradingview.com/symbols/WDC/chart/) — SAILING | EMA Stack: 

## Top Dossier Breakdowns

### [CDNS](https://www.tradingview.com/symbols/CDNS/chart/) — Cadence Design Systems, Inc.
**$350.89** | Grade: B | WAIT for validation
- Trend: Bearish | EMA Stack: FULL BULLISH
- RSI: 64.5 | ADX: 27.36 | ATR: 9.87
- Pivot: $341.38 | S1: $334.63 | R1: $344.86
- Valuation: OVERVALUED (-51.8%)

### [MPLX](https://www.tradingview.com/symbols/MPLX/chart/) — MPLX LP
**$55.44** | Grade: B | ACCUMULATE on dips
- Trend: Bullish | EMA Stack: TANGLED
- RSI: 51.65 | ADX: 14.25 | ATR: 1.13
- Pivot: $55.56 | S1: $55.17 | R1: $55.97
- Valuation: FAIR VALUE (-10.7%)

### [CAT](https://www.tradingview.com/symbols/CAT/chart/) — Caterpillar Inc.
**$872.56** | Grade: A | WAIT for validation
- Trend: Bullish | EMA Stack: FULL BULLISH
- RSI: 46.41 | ADX: 45.68 | ATR: 29.39
- Pivot: $858.52 | S1: $847.18 | R1: $871.49
- Valuation: OVERVALUED (-42.7%)

### [WDC](https://www.tradingview.com/symbols/WDC/chart/) — Western Digital Corporation
**$459.62** | Grade: A | ACCUMULATE on dips
- Trend: Bullish | EMA Stack: FULL BULLISH
- RSI: 56.26 | ADX: 32.15 | ATR: 32.63
- Pivot: $451.34 | S1: $438.46 | R1: $468.69
- Valuation: FAIR VALUE (-1.5%)

### [VRT](https://www.tradingview.com/symbols/VRT/chart/) — Vertiv Holdings Co
**$315.67** | Grade: A | WAIT for validation
- Trend: Bullish | EMA Stack: FULL BULLISH
- RSI: 45.67 | ADX: 27.86 | ATR: 19.17
- Pivot: $323.87 | S1: $313.11 | R1: $333.39
- Valuation: OVERVALUED (-45.6%)

### [BMO](https://www.tradingview.com/symbols/BMO/chart/) — Bank of Montreal
**$157.81** | Grade: A | WAIT for validation
- Trend: Bullish | EMA Stack: FULL BULLISH
- RSI: 62.67 | ADX: 27.04 | ATR: 2.9
- Pivot: $153.67 | S1: $152.57 | R1: $155.2
- Valuation: OVERVALUED (-23.3%)

### [BNS](https://www.tradingview.com/symbols/BNS/chart/) — The Bank of Nova Scotia
**$78.95** | Grade: A | ACCUMULATE on dips
- Trend: Bullish | EMA Stack: FULL BULLISH
- RSI: 56.37 | ADX: 19.04 | ATR: 1.13
- Pivot: $77.13 | S1: $76.77 | R1: $77.64
- Valuation: FAIR VALUE (+12.7%)

### [NVDA](https://www.tradingview.com/symbols/NVDA/chart/) — NVIDIA Corporation
**$223.47** | Grade: A | ACCUMULATE on dips
- Trend: Bullish | EMA Stack: FULL BULLISH
- RSI: 69.8 | ADX: 29.51 | ATR: 8.09
- Pivot: $221.0 | S1: $217.52 | R1: $224.09
- Valuation: FAIR VALUE (+17.4%)

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*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 // 2026-05-21 // 2026-05-21 07:46 AM CST*