LITE PEAD reversal: T+3 ↓SHORT faded — T+5 closes +0.93%
T+3 said ↓SHORT at -4.37% CAR; T+5 reverses to +0.93%. The market re-priced the print.
AI-generated — produced automatically by Closelooknet’s systems under this site’s editorial policy.
─ Timeline ─ Print 2026-11-05 Lumentum T-1 close 626.75 (baseline) T+3 close 585.57 CAR -4.37% → ↓SHORT T+5 close 2026-11-12 624.65 CAR +0.93%
─ Verdict ─ T+5 CAR (+0.93%) lands on the opposite side of the entry band from T+3 (-4.37%). The post-earnings drift faded inside two extra sessions — typical signature of a print that hit consensus algorithms hard then gave back as positioning normalised. Our read: the reversal outweighs the T+3 direction — we no longer treat that initial reading as the live signal.
─ Conviction ─ Original conviction 24/100 invalidated. T+5 closes against the signal — the print did not produce a sustained move.
─ Original T+3 signal ─ See earnings card: /tape/c-earnings-lite-2026-11-05/
─ Closelooknet frame ─ Indices: Rubin
→ closelook.net/indices/stock/lite/