Reason: YUM completely reversed from the sector's cleanest carry-forward into its only oversold name this scan, per the retail-scan's own framing; WMT and COST both continued recovering from last read's oversold prints; TJX improved modestly but remains the weakest still-golden-cross name after YUM.

Tape Read

YUM is the reversal story: the retail-scan's tier analysis puts it as the sole name in the oversold bucket (RSI 25-40) this cycle, calling it "a complete reversal from being last scan's cleanest carry-forward" — RSI fell to 35.4 (was 60.9) on a -9.55% week. WMT and COST both continued the recovery flagged last read: WMT's RSI ticked to 46.5 (was 44.2), and COST's climbed further to 47.3 (was 36.3, +2.69% 7D) — the retail-scan notes COST's "oversold bounce already played out; the entry flagged last scan has largely resolved." TJX improved modestly (RSI 39.4→48.2, +2.06% 7D) but the scan still calls it "the weakest still-golden-cross name after YUM." Source: 2026-07-17-retail-scan + summaries/retail.json.

• YUM — PASS (downgraded from PROMOTE): RSI 35.4 (down sharply from 60.9), -9.55% 7D — per the retail-scan, "a complete reversal" from last read's cleanest carry-forward; now the sole oversold name in the group.
• WMT — WATCH: RSI 46.5 (up from 44.2), golden cross intact — recovery from last read's oversold print continuing, though slowing.
• COST — WATCH (upgraded from PASS): RSI 47.3 (up from 36.3), +2.69% 7D — the retail-scan calls the oversold bounce "already played out," i.e. the setup flagged last read has resolved.
• TJX — PASS: RSI 48.2 (up from 39.4), -5.71% 30D — improving, but still the weakest golden-cross name in the group besides YUM.

Lead pick: No clean carry-forward left after YUM's reversal. COST is the interesting one: it inherited and then resolved WMT's exact oversold setup within two reads. YUM's next print is the one to watch — the retail-scan itself flags that a further slide below RSI 30 would make this a genuine capitulation read rather than a one-week break.

Sources

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