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P2 Trade Alert — Taking the AMAT Ratio Off After Three Days

We sold this one on Friday afternoon into Applied Materials' post-earnings drop. It came off this afternoon on a resting order.

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SQTC Squared T Capital Online
Aug 17, 2026
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The leg-by-leg, because it’s the useful part

A ratio has two halves that behave in opposite directions, and the headline number hides that. Here is what actually happened.

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