# ALPHA.DOSSIER // 2026-07-17 *Sam the Quant Ghost | 2026-07-17 06:25 AM CST* ## 🧠 AI Synthesis VIX is chilling at 18.05, so the market isn't exactly in panic mode. Institutions are making moves, picking up **SPCX, XE, FRME, LQID,** and **ORA** – a pretty mixed bag without strong sector conviction. On the flip side, they're aggressively dumping **CPRX, VSH, TWST, HOOD,** and **TXG**. The **HOOD** exit isn't exactly a shocker. Our scanner's lighting up **GOOGL, SHW, TRV, LNG,** and **AXON**. But hold your horses on **GOOGL, SHW,** and **TRV**; our dossiers scream 'OVERVALUED' by 23-49% and demand you **WAIT**. That's a classic momentum trap. The real action for the high-conviction crowd is **IONX**, the leveraged play on **IONQ**, boasting an ADX of 31.0 and a Grade A. That's a Nuclear Option if you're bold. No Lifers today, so no long-term conviction plays materializing. — Ghost out. 👻 ## Market Pulse - 🔴 **S&P 500**: $750.72 (-0.54%) - 🔴 **Nasdaq 100**: $705.94 (-1.64%) - 🔴 **Russell 2000**: $295.59 (-0.06%) - 🔴 **Dow 30**: $524.83 (-0.21%) - 🔴 **Bitcoin**: $63018.76 (-1.21%) - 🔴 **Ethereum**: $1833.02 (-1.62%) - 🔴 **Gold**: $364.96 (-1.98%) - 🔴 **20Y Treasuries**: $84.21 (-0.04%) ## VIX Regime: 18.05 NORMAL VIX normal at 18.0 (+3.0 this week). SPY +8.3% vs 200 SMA. ## Institutional Signals (TickerTrace) **🟢 Top Buying:** - [SPCX](https://www.tradingview.com/symbols/SPCX/chart/) — SPACE EXPLORATION TECHN-CL A (ARKK, ARKW, ARKQ) Conv: 4.355 - [XE](https://www.tradingview.com/symbols/XE/chart/) — X-ENERGY INC (ARKK, ARKQ) Conv: 0.526 - [FRME](https://www.tradingview.com/symbols/FRME/chart/) — FIRST MERCHANTS CORP COMMON STOCK (AVUV) Conv: 0.248 - [LQID](https://www.tradingview.com/symbols/LQID/chart/) — Kurv Enhanced Short Maturity ETF (KYLD, KQQQ) Conv: 0.231 - [ORA](https://www.tradingview.com/symbols/ORA/chart/) — ORMAT TECHNOLOGIES INC COMMON STOCK USD.001 (AVUV) Conv: 0.213 **🔴 Top Selling:** - [CPRX](https://www.tradingview.com/symbols/CPRX/chart/) — CATALYST PHARMACEUTICALS INC COMMON STOCK USD.001 (AVUV) Conv: 6.26 - [VSH](https://www.tradingview.com/symbols/VSH/chart/) — VISHAY INTERTECHNOLOGY INC COMMON STOCK USD.1 (AVUV) Conv: 6.117 - [TWST](https://www.tradingview.com/symbols/TWST/chart/) — Twist Bioscience Corp (ARKK, ARKG, GNMX) Conv: 2.164 - [HOOD](https://www.tradingview.com/symbols/HOOD/chart/) — ROBINHOOD MARKETS INC - A (HOOW, ARKK) Conv: 1.295 - [TXG](https://www.tradingview.com/symbols/TXG/chart/) — 10X Genomics Inc (ARKK, GNMX) Conv: 1.134 ## Scanner Signals - 🟢 [GOOGL](https://www.tradingview.com/symbols/GOOGL/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 1.0 - 🟢 [SHW](https://www.tradingview.com/symbols/SHW/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 1.0 - 🟢 [TRV](https://www.tradingview.com/symbols/TRV/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 1.0 - 🟢 [LNG](https://www.tradingview.com/symbols/LNG/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 1.0 - 🟢 [AXON](https://www.tradingview.com/symbols/AXON/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 1.0 - 🟢 [GOOG](https://www.tradingview.com/symbols/GOOG/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [AMZN](https://www.tradingview.com/symbols/AMZN/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [MRK](https://www.tradingview.com/symbols/MRK/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [GEV](https://www.tradingview.com/symbols/GEV/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [CRWD](https://www.tradingview.com/symbols/CRWD/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [GILD](https://www.tradingview.com/symbols/GILD/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [CB](https://www.tradingview.com/symbols/CB/chart/) — Ghost Alpha V2 | Regime MODERATE | Score: 0.9 - 🟢 [PH](https://www.tradingview.com/symbols/PH/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [WMB](https://www.tradingview.com/symbols/WMB/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 - 🟢 [EPD](https://www.tradingview.com/symbols/EPD/chart/) — Ghost Alpha V2 | Regime CHOP | Score: 0.9 ## Technical Setups (Tao of Trading) - [TRV](https://www.tradingview.com/symbols/TRV/chart/) — SAILING | EMA Stack: - [LNG](https://www.tradingview.com/symbols/LNG/chart/) — SAILING | EMA Stack: - [AXON](https://www.tradingview.com/symbols/AXON/chart/) — SAILING | EMA Stack: - [MRK](https://www.tradingview.com/symbols/MRK/chart/) — SAILING | EMA Stack: - [SHW](https://www.tradingview.com/symbols/SHW/chart/) — SAILING | EMA Stack: - [GOOGL](https://www.tradingview.com/symbols/GOOGL/chart/) — SAILING | EMA Stack: ## Top Dossier Breakdowns ### [GOOGL](https://www.tradingview.com/symbols/GOOGL/chart/) — Alphabet Inc. **$354.46** | Grade: B | WAIT for validation - Trend: Bullish | EMA Stack: PARTIAL BEARISH - RSI: 56.11 | ADX: 15.49 | ATR: 11.28 - Pivot: $367.44 | S1: $361.24 | R1: $377.13 - Valuation: OVERVALUED (-23.8%) ### [SHW](https://www.tradingview.com/symbols/SHW/chart/) — The Sherwin-Williams Company **$338.14** | Grade: B | WAIT for validation - Trend: Bearish | EMA Stack: PARTIAL BULLISH - RSI: 49.13 | ADX: 42.31 | ATR: 8.35 - Pivot: $332.13 | S1: $328.76 | R1: $335.67 - Valuation: OVERVALUED (-49.3%) ### [TRV](https://www.tradingview.com/symbols/TRV/chart/) — The Travelers Companies, Inc. **$337.82** | Grade: B | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 64.69 | ADX: 54.37 | ATR: 7.93 - Pivot: $328.84 | S1: $325.74 | R1: $332.28 - Valuation: OVERVALUED (-31.2%) ### [GOOG](https://www.tradingview.com/symbols/GOOG/chart/) — Alphabet Inc. **$353.81** | Grade: B | WAIT for validation - Trend: Bullish | EMA Stack: PARTIAL BEARISH - RSI: 56.36 | ADX: 14.88 | ATR: 10.85 - Pivot: $366.01 | S1: $359.87 | R1: $376.34 - Valuation: OVERVALUED (-24.0%) ### [MRK](https://www.tradingview.com/symbols/MRK/chart/) — Merck & Co., Inc. **$127.63** | Grade: A | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 53.31 | ADX: 28.81 | ATR: 3.66 - Pivot: $123.75 | S1: $122.61 | R1: $124.76 - Valuation: OVERVALUED (-50.4%) ### [GEV](https://www.tradingview.com/symbols/GEV/chart/) — GE Vernova Inc. **$1036.22** | Grade: B | WAIT for validation - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 44.81 | ADX: 23.98 | ATR: 62.61 - Pivot: $1044.78 | S1: $1010.75 | R1: $1089.32 - Valuation: OVERVALUED (-36.4%) ### [GILD](https://www.tradingview.com/symbols/GILD/chart/) — Gilead Sciences, Inc. **$136.3** | Grade: A | WAIT for validation - Trend: Bullish | EMA Stack: PARTIAL BULLISH - RSI: 67.6 | ADX: 32.35 | ATR: 4.14 - Pivot: $131.35 | S1: $129.76 | R1: $133.3 - Valuation: OVERVALUED (-39.7%) ### [CB](https://www.tradingview.com/symbols/CB/chart/) — Chubb Limited **$343.7** | Grade: A | ACCUMULATE on dips - Trend: Bullish | EMA Stack: FULL BULLISH - RSI: 57.59 | ADX: 43.98 | ATR: 8.47 - Pivot: $337.7 | S1: $333.78 | R1: $341.35 - Valuation: FAIR VALUE (-3.6%) --- *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 // 2026-07-17 // 2026-07-17 06:25 AM CST*