The broader market had just suffered a sharp late summer slump, but enterprise cloud software was becoming the standard for corporate IT. Buyers stepped straight back in and kept the rally moving.
Daily #38 stock chart answers — August 11, 2026
Five anonymised historical charts were dealt to every player. The Monkey Index returned -0.02% across the same tape.
107 desks completed all five charts.
The Delta variant was driving another surge in pandemic testing, and the street treated lab suppliers like bulletproof growth bets. The summer run paused right at the top, but the buyers held their ground.
European debt troubles had rattled the post-crisis rebound, and half the street expected memory chips to slump further. This is the week the buyers returned.
Post-lockdown ad spending was booming and the market was shrugging off regulatory noise as harmless background chatter. The steady grind upwards held firm.
AI spending was dominating the tape while legacy enterprise hardware was dismissed as a tired value trap. Sellers were not done yet.