Themes / Group
Fading · newly observed relationshipLatest completed snapshot · Aug 24 · 16:55 ET

MARKET-DISCOVERED GROUP

High-Beta Risk-On

THE TRADER READShared activity without a clean directional read

Price direction is split across 24 measured members. Capital-flow confirmation is unavailable.

Price breadth19 up · 4 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowLow_pressureActivity score 26/100
Evidence depth0 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

0 timed events
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

2 earlier filing context receipts

WED, SEP 3BRC filing documented shared operating contextcredit / rates affecting interest expense · date precision only

TUE, APR 7APLD filing documented shared operating contextcredit / rates affecting interest expense · date precision only

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast
WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

22/26 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across APLD, BRC, BSX, CORZ, CRWV, DY, ENSG, GLXY, HUT, IREN, MARA, PEN, TNGX, TXNM, WULF.

credit / rates affecting interest expense

“This decrease was partially offset by increases of $9.9 million in loan interest expense and $1.1 million in issuance costs amortization as we entered into more debt arrangements during the three months ended February 28, 2026.”

APLD 10-Q · 2026-04-08
demand / volume

“These increases were partially offset by an increase of $52.6 million in interest income due to an increase in funds held in interest-bearing demand deposit accounts as well as a decrease of $8.7 million in finance lease interest due to renegotiations of certain of our leases during the fiscal year 2026.”

APLD 10-K · 2026-07-29
restructuring

“Changes in management's estimates or judgments could result in an impairment charge, and such a charge could have an adverse effect on the Company's financial condition and results of operations.”

BRC 10-K · 2025-09-04
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
APLD → SLVInverse historical lead/lag · strength -0.20
APLD → BNDInverse historical lead/lag · strength -0.15

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

No high-confidence filing-linked outsiders are available for this group yet.

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
PENMOG-AENSGTXNMMARACRWVRIOTWULFCLSKIRENBSXGLXYCORZAPLDORCLPDDDYVNETGDSHUTZSCIFRBIDUVRRM

8/26 active20 rising · 4 falling

MemberUnusual activityToday's moveRead now
PENPenumbra, Inc.
Elevated · 58/100
+0.3%
Active; unclassifiedHistorical role unavailable
MOG-AMoog Inc.
Elevated · 55/100
-0.8%
Active; unclassifiedHistorical role unavailable
ENSGThe Ensign Group, Inc.
Elevated · 52/100
+0.0%
Active; unclassifiedHistorical role unavailable
TXNMTXNM Energy, Inc.
Elevated · 36/100
+0.3%
Active; unclassifiedHistorical role unavailable
MARAMARA Holdings, Inc.
Elevated · 31/100
+5.9%
Active; unclassifiedHistorical role unavailable
CRWVCoreWeave, Inc.
Elevated · 30/100
+2.1%
Active; unclassifiedHistorical role unavailable
RIOTRiot Platforms, Inc.
Elevated · 27/100
+6.5%
Active; unclassifiedHistorical role unavailable
WULFTeraWulf Inc.
Elevated · 25/100
+5.6%
Active; unclassifiedHistorical role unavailable
CLSKCleanSpark, Inc.
Elevated · 24/100
+6.9%
Active; unclassifiedHistorical role unavailable
IRENIREN Limited
Elevated · 22/100
+6.0%
Active; unclassifiedHistorical role unavailable
BSXBoston Scientific Corporation
Elevated · 21/100
+1.7%
Active; unclassifiedHistorical role unavailable
GLXYGalaxy Digital
Elevated · 21/100
+8.6%
Active; unclassifiedHistorical role unavailable
CORZCore Scientific, Inc.
Elevated · 21/100
+4.4%
Active; unclassifiedHistorical role unavailable
APLDApplied Digital Corporation
Elevated · 21/100
+7.4%
Active; unclassifiedHistorical role unavailable
ORCLOracle Corporation
Elevated · 20/100
+1.6%
Active; unclassifiedHistorical role unavailable
PDDPDD Holdings Inc.
Most unusual · 20/100
+0.8%
Active; unclassifiedHistorical role unavailable
DYDycom Industries, Inc.
Elevated · 19/100
-7.8%
Active; unclassifiedHistorical role unavailable
VNETVNET Group, Inc.
Participating · 16/100
+6.3%
Active; unclassifiedHistorical role unavailable
GDSGDS Holdings Limited
Participating · 15/100
+4.0%
Active; unclassifiedHistorical role unavailable
HUTHut 8 Corp.
Participating · 14/100
+7.6%
Active; unclassifiedHistorical role unavailable
ZSZscaler, Inc.
Quiet · 13/100
-4.3%
Watch / laggardHistorical role unavailable
CIFRCipher Digital Inc.
Quiet · 10/100
+6.4%
Watch / laggardHistorical role unavailable
BIDUBaidu, Inc.
Quiet · 9/100
+1.4%
Watch / laggardHistorical role unavailable
VRRMVerra Mobility Corporation
Quiet · 8/100
-0.7%
Watch / laggardHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
PENPenumbra, Inc.Participating+0.3%—Price participation is not yet confirmed by per-name flow.
MOG-AMoog Inc.Participating-0.8%—Price participation is not yet confirmed by per-name flow.
ENSGThe Ensign Group, Inc.Participating+0.0%—Price participation is not yet confirmed by per-name flow.
TXNMTXNM Energy, Inc.Participating+0.3%—Price participation is not yet confirmed by per-name flow.
MARAMARA Holdings, Inc.Participating+5.9%—Price participation is not yet confirmed by per-name flow.
CRWVCoreWeave, Inc.Participating+2.1%—Price participation is not yet confirmed by per-name flow.
RIOTRiot Platforms, Inc.Participating+6.5%—Price participation is not yet confirmed by per-name flow.
WULFTeraWulf Inc.Participating+5.6%—Price participation is not yet confirmed by per-name flow.
CLSKCleanSpark, Inc.Participating+6.9%—Price participation is not yet confirmed by per-name flow.
IRENIREN LimitedParticipating+6.0%—Price participation is not yet confirmed by per-name flow.
BSXBoston Scientific CorporationParticipating+1.7%—Price participation is not yet confirmed by per-name flow.
GLXYGalaxy DigitalParticipating+8.6%—Price participation is not yet confirmed by per-name flow.
CORZCore Scientific, Inc.Participating+4.4%—Price participation is not yet confirmed by per-name flow.
APLDApplied Digital CorporationParticipating+7.4%—Price participation is not yet confirmed by per-name flow.
ORCLOracle CorporationParticipating+1.6%—Price participation is not yet confirmed by per-name flow.
PDDPDD Holdings Inc.Most unusual+0.8%—Most unusual activity in this snapshot; performance direction may differ.
DYDycom Industries, Inc.Participating-7.8%—Price participation is not yet confirmed by per-name flow.
VNETVNET Group, Inc.Participating+6.3%—Price participation is not yet confirmed by per-name flow.
GDSGDS Holdings LimitedParticipating+4.0%—Price participation is not yet confirmed by per-name flow.
HUTHut 8 Corp.Participating+7.6%—Price participation is not yet confirmed by per-name flow.
ZSZscaler, Inc.Quiet / lagging-4.3%—Not participating yet; a breadth test or a genuine divergence.
CIFRCipher Digital Inc.Quiet / lagging+6.4%—Not participating yet; a breadth test or a genuine divergence.
BIDUBaidu, Inc.Quiet / lagging+1.4%—Not participating yet; a breadth test or a genuine divergence.
VRRMVerra Mobility CorporationQuiet / lagging-0.7%—Not participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

No point-in-time live observations have completed yet.
Low structural sample

Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support0 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades

Historical cohort observations are not available yet.