The latest signal is explicitly marked High risk.

Trend score is 71.7; price structure is supportive.

Sentiment confirms part of the thesis with 7D sentiment 0.10.

News flow is active with 149 linked 7D records.

Fundamental evidence is supportive with score 76.0.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T05:43:21.697064", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 149 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T05:43:21.686833", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 149 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.0 and thesis conviction 72.3/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T06:24:30.521010", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 149 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T06:24:30.515290", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 149 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.0 and thesis conviction 72.3/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


News flow is active with 147 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T07:25:08.315529", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 147 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T07:25:08.307752", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 147 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.2/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T08:05:53.507678", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 147 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T08:05:53.501917", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 147 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.2/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T08:47:29.084079", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 147 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T08:47:29.075684", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 147 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.2/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T09:27:53.752471", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 147 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T09:27:53.746934", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 147 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.2/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


News flow is active with 146 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T10:28:59.646715", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 146 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T10:28:59.640359", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 146 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.3/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T11:09:50.659603", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.10."}, {"type": "supporting", "value": "News flow is active with 146 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T11:09:50.648594", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.10.", "News flow is active with 146 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.3/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.09.

News flow is active with 145 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T11:50:29.720830", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.09."}, {"type": "supporting", "value": "News flow is active with 145 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T11:50:29.713452", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.09.", "News flow is active with 145 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.2/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T12:30:44.768494", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.09."}, {"type": "supporting", "value": "News flow is active with 145 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T12:30:44.761583", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.09.", "News flow is active with 145 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 65.9 and thesis conviction 72.2/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.11.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T13:11:52.400075", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.11."}, {"type": "supporting", "value": "News flow is active with 147 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T13:11:52.383210", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.11.", "News flow is active with 147 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.0 and thesis conviction 72.3/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T14:13:10.998849", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.11."}, {"type": "supporting", "value": "News flow is active with 147 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T14:13:10.992993", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.11.", "News flow is active with 147 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.0 and thesis conviction 72.3/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


News flow is active with 148 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T14:54:08.038004", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.11."}, {"type": "supporting", "value": "News flow is active with 148 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T14:54:08.032016", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.11.", "News flow is active with 148 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.1 and thesis conviction 72.4/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T15:35:04.532039", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.11."}, {"type": "supporting", "value": "News flow is active with 148 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T15:35:04.527005", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.11.", "News flow is active with 148 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.0 and thesis conviction 72.3/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.12.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T16:16:03.719132", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.12."}, {"type": "supporting", "value": "News flow is active with 148 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T16:16:03.712807", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.12.", "News flow is active with 148 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.1 and thesis conviction 72.4/100 in a Risk-Off regime. The working explanation is: Current evidence does not isolate a dominant cause. Primary support: Momentum score is 75.0. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Price is weakening while recent sentiment is positive.

Sentiment confirms part of the thesis with 7D sentiment 0.13.

News flow is active with 150 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T17:17:03.459113", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.13."}, {"type": "supporting", "value": "News flow is active with 150 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T17:17:03.436841", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.13.", "News flow is active with 150 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.2 and thesis conviction 69.9/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.14.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T17:58:17.923163", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.14."}, {"type": "supporting", "value": "News flow is active with 150 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T17:58:17.916078", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.14.", "News flow is active with 150 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.3 and thesis conviction 70.0/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.15.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T18:38:50.381846", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.15."}, {"type": "supporting", "value": "News flow is active with 149 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T18:38:50.373612", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.15.", "News flow is active with 149 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.4 and thesis conviction 70.1/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T19:19:24.562458", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.15."}, {"type": "supporting", "value": "News flow is active with 149 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T19:19:24.549263", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.15.", "News flow is active with 149 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.4 and thesis conviction 70.1/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T20:01:23.291997", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.15."}, {"type": "supporting", "value": "News flow is active with 149 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T20:01:23.285536", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.15.", "News flow is active with 149 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.4 and thesis conviction 70.1/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.16.

News flow is active with 151 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T21:21:56.590885", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.16."}, {"type": "supporting", "value": "News flow is active with 151 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T21:21:56.581430", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.16.", "News flow is active with 151 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.4 and thesis conviction 70.1/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Trend score is 71.7; price structure is supportive.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T22:03:13.940813", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.15."}, {"type": "supporting", "value": "News flow is active with 150 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T22:03:13.926385", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.15.", "News flow is active with 150 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.4 and thesis conviction 70.1/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T22:43:56.613961", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.15."}, {"type": "supporting", "value": "News flow is active with 151 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T22:43:56.608273", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.15.", "News flow is active with 151 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.4 and thesis conviction 70.1/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-09T23:24:32.332580", "evidence": [{"type": "supporting", "value": "Momentum score is 75.0."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.15."}, {"type": "supporting", "value": "News flow is active with 151 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "Price is weakening while recent sentiment is positive."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-09T23:24:32.322300", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["Price is weakening while recent sentiment is positive.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 75.0.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.15.", "News flow is active with 151 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 66.4 and thesis conviction 70.1/100 in a Risk-Off regime. The working explanation is: The market may be discounting risks that the positive narrative has not absorbed. Primary support: Momentum score is 75.0. Main challenge: Price is weakening while recent sentiment is positive.", "what_would_change_the_view": ["Loss of support near 396.48.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.19.

News flow is active with 126 linked 7D records.

Fundamental evidence is supportive with score 76.0.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T00:00:34.560414", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 126 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T00:00:34.547916", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 126 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T00:40:49.678224", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 126 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T00:40:49.671423", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 126 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T01:21:04.203690", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 126 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T01:21:04.197554", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 126 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T02:01:50.663950", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 126 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T02:01:50.654325", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 126 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T02:43:17.083147", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 126 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T02:43:17.076809", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 126 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T03:43:50.123532", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 126 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T03:43:50.117357", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 126 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T04:24:18.765807", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 126 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T04:24:18.760054", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 126 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


News flow is active with 125 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T05:53:03.853747", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.19."}, {"type": "supporting", "value": "News flow is active with 125 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T05:53:03.842939", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.19.", "News flow is active with 125 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


Sentiment confirms part of the thesis with 7D sentiment 0.18.

News flow is active with 123 linked 7D records.

[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T06:33:18.752926", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.18."}, {"type": "supporting", "value": "News flow is active with 123 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T06:33:18.747273", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.18.", "News flow is active with 123 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}


[System] You are BLUM Finance, an evidence-bound financial reasoning model. Use only supplied point-in-time evidence and abstain when it is insufficient.

[User] {"as_of": "2026-07-13T07:12:57.368627", "evidence": [{"type": "supporting", "value": "Momentum score is 87.4."}, {"type": "supporting", "value": "Trend score is 71.7; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.18."}, {"type": "supporting", "value": "News flow is active with 123 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "The latest signal is explicitly marked High risk."}, {"type": "risk", "value": "Risk evidence is incomplete and requires verification."}], "horizon": "swing", "market_context": {"macro_environment": {}, "market_breadth": {}, "market_regime": "Risk-Off", "risk_sentiment": "High Risk", "sector_performance": {"relative_strength": 0.0}, "signal_regime_adjustment": "No material regime adjustment beyond standard confirmation checks.", "timestamp": "2026-07-13T07:12:57.351876", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 87.4.", "Trend score is 71.7; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.18.", "News flow is active with 123 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."], "risks": ["Risk evidence is incomplete and requires verification."], "status": "watch", "thesis": "AMAT (Applied Materials Inc.) is a Watch research setup with Blum score 69.2 and thesis conviction 73.7/100 in a Risk-Off regime. The working explanation is: Narrative activity is visible but has not yet translated into a decisive price move. Primary support: Momentum score is 87.4. Main challenge: The latest signal is explicitly marked High risk.", "what_would_change_the_view": ["Loss of support near 403.75.", "Sentiment turns negative while price momentum fades.", "ETF or sector confirmation fails to appear after the next market refresh.", "Volatility expands further without a compensating increase in evidence quality.", "Positive narrative becomes crowded but no longer improves price structure."]}