Financial Review

…Tech hit again. Betting on resistance. Tariff consultation period expires. Emerging markets continue retreat. ISM pops. Wages are flat, so invent new numbers. Bitcoin kicked. Jones banned. Financial Review by Sinclair Noe for 09-06-2018 DOW + 58 = 26,033 SPX – 7 = 2881 NAS – 65 = 7929 RUT – 12 = 1715 10 Y – .02 = 2.88% OIL – .83 = 67.89 GOLD + 3.20 = 1200.50   Once again, the Dow pulled out a modest gain while the tech heavy Nasdaq dropped. Chip-related stocks got pummeled for their worst day in more than two months after market outlooks from a few key players proved to be weaker than previously forecast. The PHLX Semiconductor Index SOX fell 2.7% for its worst one-day percentage drop since June 25. Micron Technology dropped 9.9% to close at $44.65 after the company, at a Citigroup conference, said prices of flash memory chips used in USB drives and smaller devices, decreased in the third quarter. Shares of Micron are now 30% off their high of $64.66 set in late May. Shares of chip-making equipment companies