(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 fell by 4% on the week, the rest of the market experienced only a modest decline. Despite the 6-week pullback in high-flying technology shares, the NYSE Composite is still less than 1% from its July 6 all-time high.
The decline was a bit unexpected given the apparent bullish signature of the rare Jupiter-centered alignment, in addition to other ongoing influences. The so-called Barbault basket in which Jupiter aligns with Uranus, Neptune and Pluto on July 21 echoed similar alignments in 1911 and...
(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...
