{
  "scan_date": "2026-08-05",
  "macro_notes": "Automated weekday scan (Wed 2026-08-05, TSX open). active_mode confirmed 'aggressive' in screen_criteria.json; aggressive_overrides applied throughout (RSI band 35-72 core / 75 leading-sector-breakout ceiling, min R:R 1:3, T1 20% at 1:1.5 / T2 30% at 1:3 / T3 50% runner trailing below rising 20 EMA, time stops 5/10 days with 20EMA-and-breakeven override, pyramid rule, 15% cash reserve, risk% by score 1.75/1.25/1.00). Step 1b (enrich incomplete positions): skipped -- positions.json open_positions is empty, nothing to enrich. Step 1c (resolve prior watchlist): skipped -- positions.json watchlist is empty and the most recent prior snapshot (2026-08-04) also had an empty signals.watchlist, so nothing carried over to re-check. Step 5 (exit checks): skipped -- no open positions, so no holds/exits today.\n\nStep 1a lesson applied: retrospective.json's sole lessons_for_next_scan item (narrow_funnel -- generated 2026-08-04, 0 distinct tickers traded program-to-date, below the 15-ticker breadth target) is still live since positions.json's closed_positions remains empty. Applied by: (1) not reflexively picking SU or POW even though both surfaced today via CIBC technician Sid Mokhtari's August picks (SU is one of the 7 historically-overused tickers) -- both were left excluded without individual re-confirmation rather than defaulted into new_buys; (2) rotating the sector-sweep query to Consumer Discretionary (untouched by the 2026-08-01 and 2026-08-04 scans), which surfaced Martinrea (MRE); (3) evaluating 17 distinct tickers across 8 sectors today (Utilities, Financials, Industrials, Materials, Consumer Discretionary, Real Estate, Energy, Technology), clearing funnel_breadth's min_candidates_evaluated_per_scan (15) and min_sectors_represented (5).\n\nScreener outage / fallback: 4 of the 7 base screener_sources queries (SwingTradeBot Canada, Barchart TSX Screener, TradingView TSX Screener, Trade That Swing) returned only generic platform/marketing pages or non-Canadian examples with no actual per-ticker TSX candidate list -- a de facto outage well above the 'screener_outage_fallback' 2+ threshold even though none returned an HTTP error. Per funnel_breadth.screener_outage_fallback, ran fallback discovery via a different method: pulled CIBC chief technician Sid Mokhtari's full August pick list from Globe and Mail (8 new names this month: AltaGas, Capital Power, Colliers International, Dollarama, Gildan Activewear, Power Corp, Suncor, Whitecap Resources), then ran individual RSI/MACD/200EMA/PE/earnings confirmation searches on each surviving name plus the rotated sector-sweep hit (MRE) and a DPM Metals re-check (flagged 'worth re-screening' in yesterday's scan).\n\nPhase D commodity trigger (aggressive_overrides.valuation_exception): not re-checked today -- not decision-relevant, since every Energy/Materials candidate that reached fundamental review already had a P/E inside the base 9-35 band (WCP 14.46, DPM 11.31) or was excluded on a different gate first (trend/earnings/data-quality), so the commodity P/E override was never needed.\n\n10 of the 17 evaluated tickers received full individual technical/fundamental confirmation today (TA, TD, MRE, DPM, DOL, GIL, CIGI, WCP, ALA, CPX); the remaining 7 (SU, POW, CLS, MDA, EIF, KXS, X) were carried forward from CIBC's list or the recurring Globe and Mail institutional-accumulation piece without fresh individual confirmation, consistent with deprioritizing already-excluded/overused names under today's search budget. Data-quality problems were unusually common today: Martinrea's RSI readings conflicted sharply (59.1 vs. an 'extremely overbought' 77) immediately after an Aug 4 post-close earnings beat, and its 200-day MA figure looked stale/inconsistent with its implied share price; Whitecap Resources' MACD reading outright disagreed on direction across sources (+0.08 buy vs. -0.16 bearish) despite an attractive 14.46 P/E and a 41% EPS beat; AltaGas showed a similar RSI/MACD-direction mismatch plus an internally inconsistent moving-average reference (a 'resistance' level quoted below the current price). None of these three were scored with confidence and all three were excluded on data-quality grounds rather than resolved in their favor -- all worth a clean re-check tomorrow, especially Whitecap given its fundamentals.\n\nOne candidate reached a real Step 4 score: Gildan Activewear (GIL, Consumer Discretionary) confirmed above its 200-day EMA ($98 vs $91.23), RSI 56.6 (in the 35-60 pullback zone), MACD +0.45 (buy), and price sitting almost exactly on its rising 50-day EMA ($96.80) -- 4 of 5 Step 4 points, missing only volume-on-pullback confirmation. Per Step 4's explicit rule ('a candidate scoring exactly 3-4 that's missing only one confirmation goes to watchlist, not straight to excluded'), GIL goes to watchlist today rather than new_buys, with a waiting_for condition precise enough for Step 1c to resolve tomorrow.\n\nNet result: zero new_buys, one watchlist entry (GIL). Zero new_buys is an explicitly valid Step 2 outcome -- 17 tickers evaluated across 8 sectors, past both funnel_breadth minimums, with 10 receiving full individual confirmation and 9 of those 10 failing a hard gate (trend, earnings-proximity, fundamental P/E, or unresolvable data conflict) on confirmed data.",
  "candidates_evaluated_count": 17,
  "sectors_evaluated": ["Utilities", "Financials", "Industrials", "Materials", "Consumer Discretionary", "Real Estate", "Energy", "Technology"],
  "lessons_applied": [
    "narrow_funnel (retrospective.json, generated 2026-08-04, still active -- 0 distinct tickers closed to date): applied by declining to reflexively re-pick SU or POW despite both surfacing via CIBC's August pick list, rotating the sector-sweep to the previously-untouched Consumer Discretionary sector (surfaced MRE), and evaluating 17 distinct tickers across 8 sectors -- clearing funnel_breadth's min_candidates_evaluated_per_scan (15) and min_sectors_represented (5)."
  ],
  "signals": {
    "new_buys": [],
    "holds": [],
    "exits": [],
    "watchlist": [
      {
        "ticker": "GIL",
        "waiting_for": "Gildan Activewear (Consumer Discretionary) scored 4/5 on Step 4 today: confirmed above its 200-day EMA ($98 vs $91.23), RSI 56.6 (in the 35-60 pullback zone), MACD +0.45 (buy), and price sitting almost exactly on its rising 50-day EMA ($96.80) -- a live pullback-to-EMA setup. Only missing confirmation: volume declining during this pullback (no source had 20-day-average volume data today). Promote to new_buys if tomorrow's check confirms declining/below-average volume on the pullback. Also reconfirm P/E stays in the base 9-35 band (currently 16.5 trailing / 14.2 forward, comfortably inside) and that no earnings surprise lands before the confirmed Oct 29, 2026 report date."
      }
    ]
  },
  "excluded": [
    { "ticker": "TA", "reason": "TransAlta (Utilities). Confirmed price $17.36 below its 200-day MA of $18.88 -- fails the trend gate despite neutral RSI (41.65) and positive MACD (+0.08). Next earnings not until Nov 10, 2026 (not the blocker)." },
    { "ticker": "TD", "reason": "Toronto-Dominion Bank (Financials). Confirmed above its 200-day EMA ($107.09 vs $89.32), P/E comfortably in-band (11.8-16.1 across sources), MACD +2.35 (buy), and earnings not until Aug 27, 2026 (clear of the exclusion window). But RSI is 62.51 -- above the 35-60 pullback zone -- with no pullback-to-EMA or volume-decline confirmation found; scores only 2/5 on Step 4 (above-200EMA + MACD), too extended above its 200-day MA for a fresh swing entry today." },
    { "ticker": "MRE", "reason": "Martinrea International (Industrials). Reported Q2 2026 earnings after close on Aug 4 (EPS beat, $0.61 vs prior guidance); next earnings ~3 months out so not an earnings-proximity exclusion, but RSI readings conflict sharply across sources (59.1 neutral vs. 77 'extremely overbought') and the 200-day MA figure ($7.51) looks stale/inconsistent with the implied ~$10 share price (market cap $704M / 70.36M shares) -- too soon after the earnings gap to resolve the data conflict confidently. Worth a clean re-check once post-earnings pricing settles." },
    { "ticker": "DPM", "reason": "DPM Metals (Materials). Re-checked from yesterday's 'worth re-screening' note. Still confirmed above both 50-day ($48.15) and 200-day ($42.30) EMA with a bullish MACD crossover, and P/E remains attractive (11.31), but RSI is still 63.5 -- above the 35-60 pullback zone -- after only a shallow 4.49% pullback off highs (support at $52.00, still well above the 50-day EMA). Scores 2/5 again (above-200EMA + MACD); not yet a clean pullback entry. Continue watching for a deeper pullback into the 35-60 RSI zone." },
    { "ticker": "DOL", "reason": "Dollarama (Consumer Discretionary). Confirmed RSI 51.2 (neutral, in-band) and MACD +0.77 (buy), but trailing P/E of 40.29 is above the base 9-35 band. Consumer Discretionary doesn't qualify for the Energy/Materials commodity P/E exception, so excluded on the fundamental gate despite otherwise-clean technicals. Next earnings Sep 4, 2026." },
    { "ticker": "CIGI", "reason": "Colliers International Group (Real Estate). Confirmed price ($138.87) below its 200-day MA ($151.01) -- fails the trend gate outright. Also flagged: trailing P/E readings conflict wildly across sources (58.41 to 85.20) vs. a 12.83 forward P/E -- a GAAP-distortion pattern similar to CHP.UN/CSH.UN's REIT/real-estate P/E blind spot flagged in prior scans, though moot here since the trend gate alone excludes it." },
    { "ticker": "WCP", "reason": "Whitecap Resources (Energy). P/E of 14.46 is attractive and well inside the base band (no commodity exception even needed), Q2 EPS beat estimates by ~41%, and price is confirmed above its 200-day MA. But RSI (52.98 vs 61.24) and especially MACD (+0.08 buy vs -0.16 bearish) readings directly conflict on direction across sources -- too inconsistent to score with confidence today. Strong fundamental candidate; re-screen tomorrow with cleaner technical data." },
    { "ticker": "ALA", "reason": "AltaGas (Utilities). P/E in-band (20.4 trailing / 21.3 forward), but RSI (64.9) is above the 35-60 pullback zone, MACD is reported as both barely-positive and 'bearish trend' by the same source, and the moving-average reference points were internally inconsistent (a quoted 'resistance' level below the current price). Excluded on data-quality grounds rather than resolved in its favor." },
    { "ticker": "CPX", "reason": "Capital Power (Utilities). Reports Q2 2026 earnings today, Aug 5, 2026 -- inside the 3-trading-day exclusion window. Excluded on the earnings-proximity gate regardless of other data (Q1 2026 EPS had also missed forecast by ~92%, a red flag on recent execution)." },
    { "ticker": "SU", "reason": "Suncor Energy (Energy). Resurfaced via CIBC's August picks; one of the 7 historically-overused tickers. Deliberately not individually re-confirmed today, consistent with deprioritizing default names per the narrow_funnel lesson." },
    { "ticker": "POW", "reason": "Power Corporation of Canada (Financials). Resurfaced via CIBC's August picks; already excluded 2026-08-04 for lack of confirmed technical data within budget, no new catalyst surfaced today, not individually re-confirmed." },
    { "ticker": "CLS", "reason": "Celestica (Technology). Resurfaced via the same recurring Globe and Mail institutional-accumulation piece as prior scans; carried forward excluded (confirmed below its 200-day MA as of 2026-08-01), not re-verified with fresh numeric data today." },
    { "ticker": "MDA", "reason": "MDA Space (Technology). Resurfaced via the same institutional-accumulation piece; carried forward excluded, not individually re-confirmed today. Q2 earnings noted as ~Aug 7, 2026 in a prior scan -- check against the 3-trading-day exclusion window before any near-term entry." },
    { "ticker": "EIF", "reason": "Exchange Income Corp (Industrials). Resurfaced via the same institutional-accumulation piece; carried forward excluded (confirmed below its 200-day MA as of 2026-08-01, MACD negative), not re-verified today." },
    { "ticker": "KXS", "reason": "Kinaxis (Technology). Resurfaced via the same institutional-accumulation piece; carried forward excluded (confirmed below its 200-day SMA as of 2026-08-01), not re-verified today." },
    { "ticker": "X", "reason": "TMX Group (Financials). Resurfaced via the same institutional-accumulation piece. Q2 earnings landed today, Aug 5, 2026 -- now squarely inside the 3-trading-day exclusion window from today's date, on top of being confirmed below its 200-day MA as of 2026-08-01. Excluded on both gates." }
  ]
}