The latest monitoring round surfaced just one asset in the early stages of a sharp rally: $JCT . Its holdings of about 18.5 million U are substantial; it’s up 50.6% over 7 days and 130.8% over 30 days, while down 5% over 24 hours, with roughly 450 million U in 24-hour trading volume.

Here’s the catch: it has more than doubled in 30 days, then fell another 5% over 24 hours, with an intraday high-to-low ratio of 1.8x. This looks more like distribution after a pump than stealth accumulation by major players. And by the standard that assets up more than 100% should be avoided, it shouldn’t have made the list at all—which suggests this screening method is looser than the rules.

Neither the mid-stage rally nor the late-stage crash produced any picks. When there are no clear signals, waiting is cheaper than trading.