Reason: AAPL extended further into strength, RSI climbing to 71.6 and now just -0.37% from a fresh 52-week high; NVDA gave back some of last read's resolved-fragility gain; GOOGL kept cooling; MSFT ticked up modestly but remains the most damaged name in the complex.

Tape Read

AAPL remains the standout: RSI climbed to 71.6 (was 63.0), +5.84% 7D, now just -0.37% off its 52-week high (tighter than -0.66% last read) — the tightest distance to a fresh high in the group, though RSI in the low-70s means it's genuinely extended now, not a bargain entry. NVDA gave back some of last read's strong week: RSI 48.1 (was 57.2), -3.86% 7D, still thesis-flagged intact but weak-down. GOOGL kept cooling in the other direction: RSI 47.2→42.5, -2.91% 7D, still golden-cross and thesis-intact but now -15.13% off its 52-week high. MSFT ticked up modestly (RSI 47.9→51.7, +2.26% 7D) but remains the most damaged name in the complex: strong-down, death-crossed, -29.1% off its high. Outside this basket, META (tracked under the ai-scan watchlist, not this one) gave back its own VWAP cross this week — RSI 56.6, -3.47% 7D after crossing above VWAP two scans ago on a +14% week; it's now -1.03% below VWAP again. Source: summaries/mag7.json (no dedicated 2026-07-17 mag7 scan; META detail cross-referenced from 2026-07-17-ai-scan.md).

• AAPL — PROMOTE (extended): RSI 71.6 (up from 63.0), strong-up, golden cross, -0.37% off 52wk high — best relative strength in the complex, though now genuinely overbought rather than a fresh entry.
• NVDA — WATCH (downgraded from PROMOTE): RSI 48.1 (down from 57.2), weak-down, thesis flagged intact — gave back part of last read's strong week.
• GOOGL — WATCH: RSI 42.5 (down from 47.2), weak-down but golden cross intact, -15.13% off high — continues cooling, no longer the "steadier hold" it was two reads ago.
• MSFT — PASS: RSI 51.7 (up modestly from 47.9), strong-down, death cross, -29.1% off 52wk high — still the most damaged name in the group despite the small bounce.

Lead pick: AAPL is the clear leader this week, tightest to a fresh high in the complex — though RSI 71.6 means it's chasing strength, not entering cheap. NVDA is the one to watch for whether this week's giveback is normal cooling or the start of a real reversal. Note: META's reversal (losing its VWAP cross again) was the more interesting single-name move in the wider large-cap complex, but it's tracked under a different watchlist.

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-17 close — *.