Titus Capital US

Conviction, compounded. Trading education for wealth-builders in Tampa, FL — free community, newsletter + mentorship. Education only. Not financial advice.

[Titus Capital US @tituscapitalus]

Proof of Process — the timestamped record.
Oct 15, 10:13 AM: SNDK $1410 call, bought at 5.47.
Oct 15, at the close: marked 21.70 — +$1,623 open, +296.71%.
Logged before the outcome was known. That is the standard.

[Titus Capital US @tituscapitalus]

Saturday, October 17 — Premarket

EARNINGS TODAY
Reporting before the open: none of note in the United States. After the close: none of note. U.S. markets are closed today.
The calendar resumes Monday: Fifth Third Bancorp (FITB) before the open, and Steel Dynamics (STLD) and W. R. Berkley (WRB) after the close. The heavier week follows — Netflix (NFLX) on Tuesday, and Tesla (TSLA) and IBM (IBM) on Wednesday.

THE OVERNIGHT READ
Friday repriced the artificial intelligence trade on the cost of its financing. The Nasdaq Composite fell 2.14% to 26,140.03, the S&P 500 fell 1.09% to 7,659.44, and the Dow Jones Industrial Average fell 0.34% to 52,002.41. For the week, the Nasdaq fell about 4.5% — its largest weekly decline since June — while the Dow still rose about 0.7%, held by banks and names outside technology.
The pressure was specific, not general. Concern centred on the debt funding the data-centre buildout, with CoreWeave as the focal name, as oil rose above $100 and the 10-year Treasury held near 5.10%. Speaking in Bangkok, the Federal Reserve chair offered no guidance on rates, leaving hot September inflation data — consumer prices, producer prices, and a 1.1% rise in import prices — as the standing fact.
What it means for the patient: the market is no longer asking whether demand for computing exists. It is asking what that demand costs to finance, and whether earnings next week answer in revenue. That is a higher standard, and a healthier one.

LEVELS
There is no futures session to read on a Saturday. The references for Monday are Friday's closes.
S&P 500: 7,659.44. The 7,600 round number is the first level below; Thursday's close at 7,744.06 is the first level above, and the week's early high near 7,772 stands above that.
Nasdaq Composite: 26,140.03, with 26,000 as the round reference below. The Nasdaq 100 closed near 29,203, down about 2.5% on the day.
Dow Jones Industrial Average: 52,002.41, essentially on the 52,000 round number. Russell 2000: 2,721.37, down 1.66%.
The VIX closed at 19.99, up about 21% on the day. WTI crude closed near $101.84, gold near $4,186, and the 10-year Treasury yield near 5.10%.

MOST ACTIVE
With no premarket session today, the last active tape is Friday's — and it was concentrated in the repricing.
CoreWeave (CRWV) fell about 12% as concern over the cost and scale of its borrowing intensified. Twilio (TWLO) fell 10.6%, the largest decline in the S&P 500, after a downgrade. Strategy (MSTR) fell 9.6% on index-rule changes that may exclude it from global benchmarks.
Semiconductors fell for an eighth consecutive session: KLA (KLAC), Lam Research (LRCX), and Applied Materials (AMAT) each fell near 5%, and Oracle (ORCL) fell about 5%. Palo Alto Networks (PANW) and CrowdStrike (CRWD) each fell more than 7%. Tesla (TSLA) fell 2.1%, and Netflix (NFLX) fell 2.8% ahead of its report on Tuesday.
The firm names were the quiet ones: Travelers (TRV) rose 1.5% on a result above expectations, and Alcoa (AA) rose 2.6% on its own result. In a week of repricing, earnings that arrived were still rewarded.

ANALYST MOVES
Raised: JPMorgan raised its view on BlackRock (BLK), maintaining an Overweight stance after a quarter defined by record assets and inflows.
Cut: Citigroup trimmed JPMorgan Chase (JPM) and held a Neutral stance, reading limited near-term upside after earnings. Morgan Stanley trimmed Mobileye (MBLY), Equal Weight, and JPMorgan trimmed Westlake (WLK), Neutral — both on a more cautious view of near-term demand.
Downgraded: Twilio (TWLO) was cut to Reduce, on the view that enthusiasm for AI voice economics may exceed what reaches the company. FMC (FMC) was cut to Hold after its guidance reduction narrowed visibility. Melco Resorts (MLCO) was cut to Hold, on softer Macau gaming revenue and estimates read as too high.
Held with lower expectations: targets were trimmed across the AI data-centre group — TeraWulf (WULF), Hut 8 (HUT), and Core Scientific (CORZ) among them — while Overweight stances were maintained. The distinction matters: the work is not being abandoned; its cost is being recalculated.

THROUGH MY LENS
Managing two positions, and initiating nothing. The SNDK $1410 call reached expiry on Friday and is closed by expiry; the book now carries the two Nvidia positions alone — the $265 call expiring November 20, and the $270 call expiring December 18, 2026. No new setups are planned for Monday.
A quiet desk this morning, by design. After a week in which the financing question replaced the demand question, the work is to watch Monday's bank and steel reports, and Tuesday's Netflix result, before forming any new view.

THE PATH
The path, by fit:
The Compound — the open community floor: the daily preparation and the conversation, where every member starts.
The Conviction Circle — Cohort 001: 75 seats at $25 a month, then $49 a month: the inner room, where the book and the process are worked through in full.
The Sunday Report — the complete weekly review, in writing.
Mentorship — private and application-only ($99 application fee), for those who want the work supervised directly.
Request an invitation: https://t.co/Fi3OFnLrZI

Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

The mentor teaches judgment, not entries.

Compound · Circle Cohort 001: 75 seats $25/mo, then $49/mo · Sunday Report · Mentorship: 8 weeks, by invitation, $99 application.

Apply: https://t.co/VO9IfpwQcI
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Reuters (Oct 14): Chinese state buyers took 8–10 cargoes of US soybeans, the first deals since the September Trump–Xi summit. ~13.7M tons now secured toward the 25M-ton target. Rare earths, ag, EV chains in focus Sunday 6pm ET. Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

The Program: eight weeks, one session each week, in person or online.
The path: The Compound, Conviction Circle — Cohort 001 at $25/mo, The Sunday Report, Mentorship by invitation ($99 application).
Apply: https://t.co/VO9Ifpwina
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

US ETFs drew $1.54 trillion this year.

Inflows are net new money — creations less redemptions — not gains. Equity took $1 trillion.

Demand is not value.

Serious about structure? Request an invitation: https://t.co/VO9IfpwQcI
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Cohort 001 is open.

Inside the Conviction Circle: the full book worked through in the open, the Sunday Conviction Call, and reviews while positions are open.

75 seats at $25/month.

https://t.co/VO9IfpwQcI

Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Fiscal 2026 deficit: $1.99 trillion, vs $1.78 trillion. Interest took a record $1.36 trillion. Debt service comes first — size so it never decides for you.
Serious about structure? Request an invitation: https://t.co/VO9IfpwQcI
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Oil neared $110, up 3.7%.

Highest since May. Energy feeds all prices.

Start in The Compound. Go deeper by fit — the Conviction Circle (Cohort 001, $25/mo), the Sunday Report, mentorship (application $99): https://t.co/VO9IfpwQcI
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Tech's worst week in over a year.

Nasdaq-100 fell 2.5% Friday — down 4.8% this week, ~6% off its Oct. 6 record. A correction is 10%.

Serious about structure? Request an invitation: https://t.co/VO9IfpwQcI
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Proof of process, on the record: the SNDK $1410 call — in at 5.47 on Oct 15, marked 21.70 at the close, the $25 limit left unfilled, held into expiry as written.
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Exploring is not buying.

No program. No timeline. A study only.

Start in The Compound. Go deeper by fit — the Conviction Circle (Cohort 001, $25/mo), the Sunday Report, mentorship (application $99): https://t.co/VO9Ifpwina
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Retail net bought $9.1B of stocks last week.

Most of it chased AI and chips — $2.6B into semiconductors alone.

Flows show direction, not value.

Serious about structure? Request an invitation: https://t.co/VO9Ifpwina
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

The book is kept in the open. The Compound — the community floor. Conviction Circle, $25/mo — the inner room. The Sunday Report — the weekly record. Mentorship — by application. Request an invitation: https://t.co/aRjYtRqxU9
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Proof of Process — the timestamped record.
Oct 15, 10:13 AM: SNDK $1410 call, bought at 5.47.
Oct 15, at the close: marked 21.70 — +$1,623 open, +296.71%.
Logged before the outcome was known. That is the standard.

[Titus Capital US @tituscapitalus]

What the record teaches: a thesis you can timestamp. A size decided in calm. An exit rule you keep. The return is the byproduct. The process is the product.

[Titus Capital US @tituscapitalus]

Nasdaq-100 off 4.8% this week.

Myth: a falling index means collapse. Reality: tech is ~70% of it, and the Dow is gaining. Concentration, not collapse.

Serious about structure? Request an invitation: https://t.co/VO9Ifpwina
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Edition Nº 1 now lives on our own page — the full Report, in full brand.
https://t.co/X5eSgOVWJ9
Educational purposes only. Not financial advice.

[Titus Capital US @tituscapitalus]

Friday is grading day — the book is reviewed in the open, and the log keeps what it keeps. Start free in The Compound; Conviction Circle ($25/mo) carries the full book while positions are open. https://t.co/aRjYtRqxU9 — Educational purposes only. Not financial advice.