Financial Review

…Nasdaq record high. Amazon and Netflix rebound, sorta. Trump returns from Eurozone, backtracks, and flip flops. J. Powell testifies. Wages slip. Industrial production up. Continental and CSX have earnings beat. MGM hits new level of sleaze. Financial Review by Sinclair Noe for 07-17-2018   DOW + 55 = 25,119 SPX + 11 = 2809 NAS + 49 = 7855 RUT + 8 = 1687 10 Y + .01 = 2.86% OIL – .45 = 67.61 GOLD – 13.00 = 1228.00   The Nasdaq Composite hit a record high. The S&P 500 closed back above 2800, which has proved a tough level of resistance. Amazon hit a record high; they fixed the crash website, took down pictures of sad looking dogs and got back to selling everything under the sun. And they claim they are selling faster than ever; despite the glitch, sales are running ahead of last year’s pace.  Netflix started the day down 14%, which we knew from after-hours trade. Netflix delivered a good earnings report, but revenue and subscription growth missed estimates. Still, Netflix is an incredible earnings story, and so