Reason: Mega caps are quiet. $NVDA, $AAPL and $GOOGL sit above their 200-day with positive years; $MSFT and $META are roughly flat on the year with negative alpha against the index despite healthy month gains.

Price/RSI Table

As of 2026-10-02. Status reads the 200-day trend first and RSI second; Action is a trend-hold lens: an extended name is never an entry, and a name below its 200-day with a negative year is not a dip.

What Changed Since 2026-09-25

• META: strongest 30-day gain, but the one-year change is flat.
• GOOGL: weak short-term trend inside an intact long trend.
• No dated cause on file for any move (GOOGL, MSFT, NVDA and AAPL news re-pulled 2026-10-03 with no dated item on a move; META's receipt dates to 2026-09-25; stock-events and the October 1-2 captures checked).
• Roster unchanged since September 25: no entrants, no dropouts.

Sources

• Tape data (price, RSI, returns, one-year change, distance to the 200-day): pre-computed summaries as of the 2026-10-02 desk date, summaries (Schwab).
• Prior edition (format and roster only): 2026-09-25-mag7.
• Event checks: research/stock-events/, the 2026-10-01 market brief and 2026-10-01/02 prints digests under research/issues/; news receipts under stocks/news/latest.json` (memory names pulled 2026-10-01, before the October 2 move).