Flagship · Daily Note

Pulse

Tape soft, book dragged by LUNR/FN/MP — thesis damage remains zero.

LUNR, FN, and MP led the book lower, but all three are carrying the same named flows that justified their entries — Space Force IDIQ, AWS optical, and DoD rare-earth financing are untouched, and yesterday's ruling that the AVGO selloff was sentiment, not flow reversal, still stands. SCCO's +2.06% gain is the book behaving exactly as the physical-inelasticity rotation intended. Nothing moved today that shifts the thesis; the drags are continuation of post-AVGO sympathy noise, not signal.

Conviction-lock actions

No conviction-lock refusals or overrides this run.