(26 July 2026) Stocks slumped again last week as renewed hostilities between Iran and US sent oil prices back over $90. The increase in oil prices reawakened reignited fears as bond yields rose ahead of this week's FOMC meeting. As usual, the NASDAQ took the biggest hit although the beaten-up semiconductor sector actually posted a small gain.
The decline was not unexpected. While stocks rose in the early week on the exact July 21 alignment of Jupiter, Uranus, Neptune and Pluto, the impact of the double-station near-square of Mercury and Saturn was felt later in the week. As noted in previous posts, the July 23 direct station...
(19 July 2026) US stocks were mostly lower last week as the semi-conductor sell-off intensified on worries about AI-spending and profitability. While the NASDAQ...
(12 July 2026) Stocks were mixed last week as chip makers and big tech rebounded from their recent sell-off while the broader market finished modestly...
(28 June 2026) Stocks were generally lower last week as investors took profits in overheated technology and AI-related sectors. While the NASDAQ and S&P...
