More ups and downs in July with earnings season hitting its peak and trade threats and denials coming in every couple of days led to accelerated buying culminating in around $4,400 in fresh capital deployed.
Earnings season often triggers some remarkable selloffs and rallies but this time I felt it was more extreme. The "highlight" was certainly Facebook's (FB) massive 25% crash on weaker growth outlooks for quarters or years to come. Intel's (INTC) almost 9% nosedive following great results paired with anxiety about further delays in its 10nm chip infrastructure