I’ve just updated my Keeping Score page for market results during July.

Overall, the Energy sector was up strongly, as Iran continues to outthink the Washington high command in the latter’s attempt to destroy Iran’s nuclear program and/or seize control over oil coming out of the Middle East.

On the other hand, the IT sector fell to the bottom of the pile, as its main constituents showed both sharp up and equally sharp down momentum during the month. July was also marked by the collapse of a highly leveraged investment fund, Situational Awareness. Focused on AI, SA was apparently unable to meet margin calls during last month’s ups and downs among IT sector names.