ilounge.com · Wed Sep-02 19:14:00 published · Wed Sep-02 19:41:08 alerted · alerted 27m after publish · read at www.ilounge.com ↗ · other · mat 65
Qualcomm is implementing a double-digit price increase for its chips effective September 1 due to rising supplier costs, impacting major customers like Apple.
overnight drift: long QCOM at close, exit next close (other: Qualcomm is implementing a double-digit price increase for its chips effective September 1 due to rising supplier costs, impacting major customers like Apple.)
Signal: Wrong over the holding window — the stock fell 0.80% from entry, and the best unrealized gain was only +0.38%, so there was essentially no upside to capture. Timing: Much of the move had already happened by entry: QCOM was up +1.88% on the day at decision time, and the fill at 169.79 was well above the prior close of 166.61, meaning the trade chased a pop that then faded. Exit: The next-close exit actually did well relative to what was available — the -0.80% realized loss sits far above the -2.79% worst unrealized, so exit mechanics weren't the problem. The dominant factor is a bad/late signal: buying after a ~2% intraday run left no drift to harvest. (Whether the price-increase news itself was genuinely bullish for QCOM can't be settled from this data.)
📖 Glossary
S1 primary — trades the alert's primary ticker in the direction the article itself indicates; exits at the same day's close.
S2 counterparty — trades the inferred counterparty ticker (weakest signal, LLM-inferred sympathy); exits at the same day's close.
S3 peer — trades an inferred peer ticker (also LLM-inferred sympathy); exits at the same day's close.
S4 overnight — holds the primary ticker from today's close to the NEXT day's close.
Verdicts are decided top-to-bottom, first match wins; REPRICING is also the fallback when nothing else matches (2026-08-08 #220).
UNKNOWN — a needed price input (move since close or move in the last 30m) is missing.
PRICED — |move since previous close| ≥ 2.0%: already reflected in price.
REPRICING — |move in the last 30m| ≥ 0.5%: the tape is actively moving on it. Also covers a quieter move — |move since previous close| in [1.0, 2.0) with a quiet last-30m tape: still developing, not yet priced.
FRESH — |move since previous close| < 1.0%: a genuinely new move.
materiality — how market-moving the story was judged, 0-100 — alerts require materiality ≥ 70.
