Financial Review

…Stocks rally to near record highs. Trade wars on back burner for Wall Street. China threatens Apple. Watch tomorrow’s bond auction. JOLTS – jobs all over Consumer borrowing slows. Disney beats. Tesla going private? Wildfires running wild. Financial Review by Sinclair Noe for 08-07-2018 DOW + 126 = 25,628 SPX + 8 = 2858 NAS + 23 = 7883 RUT + 3 = 1688 10 Y + .04 = 2.97% OIL + .05 = 69.06 GOLD + 3.30 = 1211.50 The S&P 500 is up for 4 straight sessions and is about 14 points shy of a record high. Obviously, a break out to a new high would be very bullish. Also, don’t be surprised if the old high acts as resistance. The Nasdaq is on a 6-day winning streak. Also, the Nasdaq Composite is about 50 points from its record high. And the Russell 2000 is about 20 points from a record. So, it is safe to say the market is at a make or break level. Second-quarter results so far have been stellar, with S&P 500 companies reporting earnings growth of 24% and sales gains of 9.8%, according to FactSet. Of the 428 companies in th