Themes / Group
Active · established relationshipLatest completed snapshot · Jul 14 · 18:03 ET

MARKET-DISCOVERED GROUP

IT Solutions Providers

THE TRADER READShared activity without a clean directional read

Price direction is split across 2 measured members. Capital-flow agreement is 0%, so the basket is not yet clean.

Price breadth1 up · 1 downRelative median unavailable
Capital-flow alignment0%Price breadth is not yet confirmed by flow
Activity nowHotActivity score 73/100 · lift 1.3×
Evidence depth2 episodesLow 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, JAN 28CMPR filing documented shared operating contextrestructuring affecting expense · date precision only

WED, MAR 11APEI filing documented shared operating contextrestructuring affecting 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

9/9 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across CNXN, NFLX, PLUS, RSI, SCSC, SLRC, WKC.

restructuring affecting expense

The increase in general and administrative expenses was primarily due to $5.8 million increases in employee compensation costs, which includes severance costs, in all segments and Corporate and Other, a $3.3 million increase in bad debt expense in all segments, and $2.3 million increase in professional fees, which included fees associated with combination, in Corporate and Other.

APEI 10-K · 2026-03-12
credit / rates affecting interest expense

Net interest expense in the three months ended March 31, 2026, as compared to the prior year period, decreased primarily due to a decrease in interest expense due to the refinance of corporate debt and the decrease in market rates paid in the comparable periods.

APEI 10-Q · 2026-05-11
credit / rates

Net unrealized gain for the three months ended September 30, 2025 was primarily due to appreciation in the value of our investments in SLR Business Credit, KBH Topco, LLC, SLR-AMI Topco Blocker LLC, Arcutis Biotherapeutics, Inc., Bayside Parent, LLC and Cerapedics, Inc., among others, partially offset by depreciation in the value of our investments in SLR Credit Solutions, SLR Equipment Finance and RQM+ Corp., among others, as well as the reversal of previously recognized unrealized appreciation upon the refinance of our investment in DeepIntent, Inc.

SLRC 10-Q · 2025-11-04
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
WFGCPERInverse historical lead/lag · strength -0.16

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

SNXNot confirming

SCSC · text peer

CDWNot confirming

CNXN · text peer

NSITNot confirming

PLUS · text peer

CNXCNot confirming

CNXN · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
SLRCWKCPLUSNFLXCMPRAPEICNXNRSISCSC

8/9 active1 rising · 1 falling

MemberUnusual activityToday's moveRead now
SLRCSLR Investment Corp.
Most unusual · 100/100
Active; unclassifiedActive in 50% of observed group sessions
WKCWorld Kinect Corporation
Elevated · 100/100
Flow confirmerActive in 12.5% of observed group sessions
PLUSePlus inc.
Elevated · 92/100
Active; unclassifiedActive in 62.5% of observed group sessions
NFLXNetflix, Inc.
Elevated · 74/100
-0.7%
Flow divergenceActive in 37.5% of observed group sessions
CMPRCimpress PLC
Elevated · 72/100
Active; unclassifiedActive in 37.5% of observed group sessions
APEIAmerican Public Education, Inc.
Elevated · 62/100
Active; unclassifiedActive in 50% of observed group sessions
CNXNPC Connection, Inc.
Elevated · 52/100
Flow divergenceActive in 75% of observed group sessions
RSIRush Street Interactive, Inc.
Elevated · 44/100
+0.9%
Flow confirmerActive in 0% of observed group sessions
SCSCScanSource, Inc.
Quiet · 34/100
Watch / laggardActive in 87.5% of observed group sessions
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
SLRCSLR Investment Corp.Most unusual50% of 8 sessionsMost unusual activity in this snapshot; performance direction may differ.
WKCWorld Kinect CorporationParticipating12.5% of 8 sessionsPrice participation with accumulating signed flow.
PLUSePlus inc.Participating62.5% of 8 sessionsPrice participation is not yet confirmed by per-name flow.
NFLXNetflix, Inc.Participating-0.7%37.5% of 8 sessionsPrice participation with distributing signed flow.
CMPRCimpress PLCParticipating37.5% of 8 sessionsPrice participation is not yet confirmed by per-name flow.
APEIAmerican Public Education, Inc.Participating50% of 8 sessionsPrice participation is not yet confirmed by per-name flow.
CNXNPC Connection, Inc.Participating75% of 8 sessionsPrice participation with distributing signed flow.
RSIRush Street Interactive, Inc.Participating+0.9%0% of 8 sessionsPrice participation with accumulating signed flow.
SCSCScanSource, Inc.Quiet / lagging87.5% of 8 sessionsNot 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.

Only point-in-time live watcher observations and conservative same-day EOD observations are included. Later backfills and replay runs are excluded.
Low structural sample

Only 2 completed episodes across 8 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 support24 daysHow often the cohort identity was observed
Completed episodes2Separate periods of broad group activity
Active sessions8Completed session observations, not trades
2026-07-07 → 2026-07-103 active sessions12.5% composition consistency through the episode
2026-06-26 → 2026-07-025 active sessions20% composition consistency through the episode
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS
SCSC87.5% · 2 episodes
CNXN75% · 2 episodes
PLUS62.5% · 2 episodes
APEI50% · 2 episodes
SLRC50% · 2 episodes
CMPR37.5% · 2 episodes
NFLX37.5% · 2 episodes
WKC12.5% · 1 episode
RSI0% · 0 episodes