Reason: Retail is the weakest lane: every name is below its 200-day, with $TJX, $COST, $WMT and $YUM in strong-down or down trends. $COST and $WMT are near-flat on the year; $CASY, with the sharpest 30-day drop, is the only one with a double-digit positive year. These are not dips in intact trends.

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

• CASY: sharpest month decline, RSI under 40; 200-day is the level to reclaim.
• TJX/YUM: negative one-year changes and alpha.
• No dated cause on file for any move (news not re-pulled for these five names, so it was not pulled for these moves; 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-retail.
• 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).