CATALYST DOSSIER · UPDATED 2026-11-05
$SXI
industrials · convergence -19 · conviction AVOID
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Why $SXI?
Quantitative
Convergence score : -19 (3 signals firing YoY)
Catalysts
Multi-spoke convergence : 3 convergent signals fired: auto_macro_adp_payrolls, auto_macro_durable_goods, auto_macro_fx_rates
Risks
Position-sizing discipline : Conviction AVOID (-19 score) — size accordingly; no specific catalyst-fade risk flagged
Bear case
Multiple compression : If breadth deteriorates, industrials-wide multiples re-rate lower regardless of pick-specific thesis
Sympathy basket (cerebro)
DIOD via semis r=+0.86 sympathetic (score 14)
NVDA via semis r=+0.86 sympathetic (score 12)
PLTK via tech r=+0.72 sympathetic (score 22)
EPAM via tech r=+0.72 sympathetic (score 8)
GIL via consumer r=+0.59 sympathetic (score 23)
PTLO via consumer r=+0.59 sympathetic (score 21)
Signals Firing
auto_macro_adp_payrolls auto_macro_durable_goods auto_macro_fx_rates
Pick Track Record Date List Next-day max run Next-day close Hit +2%? 2026-11-02 sec_top_gappers +3.4% +2.2% ✓ hit 2026-11-02 sec_top_moat_emerging +3.4% +2.2% ✓ hit 2026-10-23 sec_top_gappers +2.7% +0.6% ✓ hit 2026-10-23 sec_top_moat_emerging +2.7% +0.6% ✓ hit 2026-09-18 sec_top_gappers +1.5% +0.5% — 2026-09-18 sec_top_moat_emerging +1.5% +0.5% — 2026-09-14 sec_top_gappers +1.9% -0.9% — 2026-09-14 sec_top_moat_emerging +1.9% -0.9% — 2026-09-09 sec_top_gappers -0.4% -1.1% — 2026-09-09 sec_top_moat_emerging -0.4% -1.1% — 2026-09-08 sec_top_gappers +2.1% -0.6% ✓ hit 2026-09-08 sec_top_moat_emerging +2.1% -0.6% ✓ hit
Lifetime: 6/12 wins · hit-rate 50.0% on +2% intraday
Sympathy Basket DIOD via semis · score 14 NVDA via semis · score 12 PLTK via tech · score 22 EPAM via tech · score 8 GIL via consumer · score 23 PTLO via consumer · score 21
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