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(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...