Buy on the Rumor, Sell on the News?

S&P 500 continues to show signs trending lower.

Short and Sweet.

S&P 500 continues to edge towards the 4100-4200 range. Nvidia reports on the 23rd of August. Expectations continue to be high for the Semiconductors manufacture. Seems to me that the world is in hops that Nvidia can carry markets higher. I go back to the recent earnings of reports that where good yet the stocks sold off. Nvidia, in my opinion is facing the same result.