Financial Review

…Judiciary hearings – not democracy at its finest. Impact on SCOTUS. 2Q GDP at 4.2%. Pending home sales fall. Trade deficit grows. Ford braces for a tariff hit. Volvo has electric trucks. Elon Musk sued by SEC. Medical pot moves forward. Financial Review by Sinclair Noe for 09-27-2018 DOW + 54 = 26,439 SPX + 8 = 2914 NAS + 51 = 8041 RUT + 0.43 = 1692 10 Y – .01 = 3.06% OIL + .62 = 72.19 GOLD – 11.70 = 1183.40   The S&P 500 rose for the first time in five days. The Dow Jones Industrial Average, meanwhile, ended a three-day slide. Apple rose 2.1 percent after J.P. Morgan initiated the stock with an overweight rating. Amazon, meanwhile, gained 1.9 percent. Facebook, Alphabet and Twitter also closed higher, lifting the broader tech space and the overall equity market. Yesterday, the Federal Reserve FOMC raised rates by 25 basis points, its third rate hike of the year. The Fed also removed the word “accommodative” from its policy statement. Fed chair Jerome Powell followed up with a new message for financial marke