Reason: GOOGL remains the long-horizon-confirmed leader - 1-year change +63.76%, 1-year alpha +43.89 - despite a weak-down short trend tag and a thin +3.6% cushion above its 200-day. AAPL has strengthened into a clean second (1-year change +37.47%, 1-year alpha +17.6). MSFT's 1-year change flipped from negative to barely positive (+0.76%, was -4.16%) on an even bigger 30D bounce (+31.49%), but 1-year alpha is still deeply negative (-19.11) and RSI is now near-overbought at 73.1 - still a squeeze, not leadership. NVDA is essentially unchanged, 1-year alpha +1.04, roughly market-matching.

Tape Read

$GOOGL: price $346.59, RSI 49.3, golden-cross, trend tag weak-down (short-window), regime pullback, thesis intact, 7D +0.46%, 30D +2.93%, -15.18% off its 52-week high — but 1-year change is +63.76%, 3.6% above its 200-day average (vs 200-day) — a thin margin — and 1-year alpha +43.89: a deep pullback in a genuinely strong trend, not a breakdown. $AAPL: price $319.7, RSI 57.4, golden-cross, trend strong-up, regime uptrend, thesis intact, 7D +3.3%, 30D -5.47%, -7.22% off its high, 1-year change +37.47%, vs 200-day +13.1%, 1-year alpha +17.6 — has strengthened into a clean second alongside GOOGL. $MSFT is the trap case: price $513.52, RSI 73.1 (near-overbought), death-crossed, regime uptrend, thesis intact, 30D +31.49% (bigger than last cycle's +23.8%), 19.1% above its 200-day (vs 200-day) — 1-year change has flipped to +0.76% (was -4.16%) but 1-year alpha remains deeply negative at -19.11, still -7.26% off its 52-week high: the bigger bounce is still not confirmed by the year — a squeeze, not leadership. $NVDA: price $217.55, RSI 52.3, golden-cross, regime basing, thesis intact, 1-year change +20.91%, vs 200-day +11.1%, 1-year alpha +1.04 — intact but roughly market-matching on alpha, essentially unchanged from last cycle. Source: full-scan pre-computed summaries as of the 2026-08-28 close — mag7.

• $GOOGL — PROMOTE: weak-down short tag only; 1-year change +63.76%, 1-year alpha +43.89 — the group's long-horizon-confirmed leader, though its cushion above the 200-day is thin (+3.6%).
• $AAPL — PROMOTE-adjacent WATCH: 1-year change +37.47%, 1-year alpha +17.6, thesis intact — deep pullback in an intact trend, strengthening.
• $MSFT — WATCH/caution: 30D +31.49% bounce and RSI 73.1, but 1-year alpha still -19.11 — a squeeze despite 1-year change turning slightly positive.
• $NVDA — WATCH: golden-cross, regime basing, 1-year alpha only +1.04 — intact, market-matching, unchanged.

Lead pick: $GOOGL is still the long-horizon-confirmed leader of the four — a weak-down short-term tag masking a 1-year change of +63.76% and 1-year alpha of +43.89, a textbook deep pullback in an intact trend, though its margin above the 200-day is thin at +3.6% and bears watching. $MSFT is the group's cautionary case: its 30-day bounce grew even bigger and its RSI is now near-overbought, but 1-year alpha stays deeply negative — the 1-year change flip to positive does not change the squeeze read.

Sources

• Tape data (price/RSI/SMA/returns/1-year change/1-year alpha): full-scan pre-computed summaries as of the 2026-08-28 close — mag7.