CATALYST DOSSIER · UPDATED 2026-11-09
$TECH
biotech · convergence -6 · conviction WATCH
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Why $TECH?
Quantitative
Convergence score : -6 (8 signals firing YoY)
Catalysts
Multi-spoke convergence : 8 convergent signals fired: sc13d, auto_macro_adp_payrolls, auto_macro_banrep_colombia, auto_macro_bls_employment, auto_macro_durable_goods
Risks
Financial restatement : 1 restatement filing(s); investor confidence risk
Bear case
Multiple compression : If breadth deteriorates, biotech-wide multiples re-rate lower regardless of pick-specific thesis
Sympathy basket (cerebro)
QBTS via tech r=+0.98 sympathetic (score 26)
CIIT via tech r=+0.98 sympathetic (score 24)
HYSR via semis r=+0.88 sympathetic (score 13)
INDI via semis r=+0.88 sympathetic (score 13)
SKYD via comms r=+0.70 sympathetic (score 27)
SNT via comms r=+0.70 sympathetic (score 22)
Signals Firing
sc13d auto_macro_adp_payrolls auto_macro_banrep_colombia auto_macro_bls_employment auto_macro_durable_goods auto_macro_fx_rates auto_macro_options_gex auto_macro_yield_curve
Pick Track Record Date List Next-day max run Next-day close Hit +2%? 2026-10-30 sec_top_gappers +0.1% +0.0% — 2026-10-30 sec_top_moat_emerging +0.1% +0.0% — 2026-09-30 sec_top_gappers +0.1% -0.1% — 2026-09-30 sec_top_moat_emerging +0.1% -0.1% — 2026-09-24 sec_top_gappers +0.1% +0.1% — 2026-09-24 sec_top_moat_emerging +0.1% +0.1% — 2026-09-23 sec_clean_gappers +0.2% +0.1% — 2026-09-23 sec_top_gappers +0.2% +0.1% — 2026-09-23 sec_top_moat_emerging +0.2% +0.1% — 2026-09-16 sec_top_gappers +0.2% +0.1% — 2026-09-16 sec_top_moat_emerging +0.2% +0.1% — 2026-09-15 sec_top_gappers +0.0% -0.0% —
Lifetime: 0/19 wins · hit-rate 0.0% on +2% intraday
Sympathy Basket QBTS via tech · score 26 CIIT via tech · score 24 HYSR via semis · score 13 INDI via semis · score 13 SKYD via comms · score 27 SNT via comms · score 22
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Auto-generated from public filings + tier-1 wires. Catalyst Edge publishes its picks
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