RSI is elevated, increasing the risk of crowded short-term momentum.

The latest signal is explicitly marked High risk.

Trend score is 90.3; price structure is supportive.

Sentiment confirms part of the thesis with 7D sentiment 0.30.

News flow is active with 128 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": "2026-06-22T21:41:16.349685", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 90.3; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 128 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-22T21:41:16.333429", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 90.3; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 128 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 384.53.", "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 Narrative Breakout research setup with Blum score 79.8 and thesis conviction 74.3/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 384.53.", "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 129 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": "2026-06-22T22:01:04.819131", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 90.3; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 129 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-22T22:01:04.802669", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 90.3; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 129 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 384.53.", "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 Narrative Breakout research setup with Blum score 79.9 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 384.53.", "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 130 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": "2026-06-22T22:21:03.983594", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 90.3; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 130 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-22T22:21:03.969143", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 90.3; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 130 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 384.53.", "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 Narrative Breakout research setup with Blum score 79.9 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 384.53.", "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": "2026-06-22T22:40:50.388594", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 90.3; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 130 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-22T22:40:50.379821", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 90.3; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 130 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 384.53.", "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 Narrative Breakout research setup with Blum score 79.9 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 384.53.", "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": "2026-06-22T23:01:09.706045", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 90.3; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 130 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-22T23:01:09.688767", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 90.3; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 130 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 384.53.", "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 Narrative Breakout research setup with Blum score 79.9 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 384.53.", "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": "2026-06-22T23:21:21.125596", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 90.3; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 130 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-22T23:21:21.109057", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 90.3; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 130 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 384.53.", "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 Narrative Breakout research setup with Blum score 79.9 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 384.53.", "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": "2026-06-22T23:41:20.620032", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 90.3; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 130 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-22T23:41:20.599821", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 90.3; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 130 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 384.53.", "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 Narrative Breakout research setup with Blum score 79.9 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 384.53.", "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 91.5; price structure is supportive.

News flow is active with 131 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": "2026-06-23T07:27:55.395021", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 131 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T07:27:55.388025", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 131 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T07:47:53.468562", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 131 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T07:47:53.454613", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 131 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T08:07:57.256327", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 131 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T08:07:57.249381", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 131 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T08:28:10.023542", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 131 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T08:28:10.011194", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 131 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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 132 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": "2026-06-23T08:53:02.818640", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 132 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T08:53:02.805466", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 132 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T09:28:41.554465", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 132 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T09:28:41.547843", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 132 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T09:49:55.770048", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 132 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T09:49:55.762182", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 132 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T10:12:53.501946", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 132 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T10:12:53.491824", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 132 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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 0.29.

News flow is active with 133 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": "2026-06-23T10:48:19.865268", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.29."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 133 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T10:48:19.859101", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.29.", "Price is above both SMA20 and SMA50.", "News flow is active with 133 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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 134 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": "2026-06-23T11:25:17.677119", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 134 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T11:25:17.669756", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 134 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T11:45:21.350504", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 134 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T11:45:21.335202", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 134 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T12:07:40.848201", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 134 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T12:07:40.840889", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 134 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T12:27:07.487842", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 134 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T12:27:07.475766", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 134 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T12:47:37.957904", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 134 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T12:47:37.952131", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 134 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T13:07:42.224269", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 134 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T13:07:42.220045", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 134 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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 135 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": "2026-06-23T13:27:39.916453", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 135 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T13:27:39.911764", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 135 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T13:47:15.377741", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 135 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T13:47:15.373589", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 135 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T14:07:08.589224", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 135 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T14:07:08.583225", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 135 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T14:26:56.740267", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 135 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T14:26:56.734996", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 135 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T14:47:41.097271", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 135 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T14:47:41.092744", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 135 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.5/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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 136 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": "2026-06-23T15:07:34.854227", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.30."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 136 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T15:07:34.849632", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.30.", "Price is above both SMA20 and SMA50.", "News flow is active with 136 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.8 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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 138 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": "2026-06-23T15:27:09.376137", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.29."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 138 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T15:27:09.371411", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.29.", "Price is above both SMA20 and SMA50.", "News flow is active with 138 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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 139 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": "2026-06-23T15:47:18.307114", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.29."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 139 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T15:47:18.302614", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.29.", "Price is above both SMA20 and SMA50.", "News flow is active with 139 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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": "2026-06-23T16:07:26.865907", "evidence": [{"type": "supporting", "value": "Momentum score is 100.0."}, {"type": "supporting", "value": "Trend score is 91.5; price structure is supportive."}, {"type": "supporting", "value": "Sentiment confirms part of the thesis with 7D sentiment 0.29."}, {"type": "supporting", "value": "Price is above both SMA20 and SMA50."}, {"type": "supporting", "value": "News flow is active with 139 linked 7D records."}, {"type": "supporting", "value": "Fundamental evidence is supportive with score 76.0."}, {"type": "contradicting", "value": "RSI is elevated, increasing the risk of crowded short-term momentum."}, {"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": "Breakout signal is discounted because the regime is defensive.", "timestamp": "2026-06-23T16:07:26.856924", "volatility_regime": "high_volatility"}, "portfolio_context": {}, "question": "Evaluate the evidence and state what would change the view.", "ticker": "AMAT"}

[Assistant] {"bear_case": ["RSI is elevated, increasing the risk of crowded short-term momentum.", "The latest signal is explicitly marked High risk."], "bull_case": ["Momentum score is 100.0.", "Trend score is 91.5; price structure is supportive.", "Sentiment confirms part of the thesis with 7D sentiment 0.29.", "Price is above both SMA20 and SMA50.", "News flow is active with 139 linked 7D records.", "Fundamental evidence is supportive with score 76.0."], "confidence": 100.0, "invalidation_conditions": ["Loss of support near 387.80.", "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 Technical Breakout research setup with Blum score 76.7 and thesis conviction 74.4/100 in a Risk-Off regime. The working explanation is: Sentiment/news and price are mutually reinforcing, but direct causality remains probabilistic. Primary support: Momentum score is 100.0. Main challenge: RSI is elevated, increasing the risk of crowded short-term momentum.", "what_would_change_the_view": ["Loss of support near 387.80.", "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."]}