Financial Review

…Stocks fall after 8 gains. Bond fall hard, yields jump to highest levels in 7 years. Mortgage rates jump. Retail sales strong but Home Depot disappoints. Primaries in 4 states. North Korea cancels talks with South Korea. The biggest pot deal ever. Financial Review by Sinclair Noe for 05-15-2018 DOW – 193 = 24,706 SPX – 18 = 2711 NAS – 59 = 7351 RUT  un =1600 10 Y + .08 = 3.08% OIL + .04 = 71.00 GOLD – 22.70 = 1291.30   After 8 straight winning sessions for the Dow Industrials, gravity returned, and stocks fell. Home Depot reported quarterly sales that fell short of Wall Street’s expectations – the earnings were good, but sales missed thanks to what the company categorized as a “slow start” to spring sales. Spring is an especially important season for the home improvement retailer as shoppers traditionally stock up on gardening supplies and renovation materials. Customer transactions, however, fell 1.3 percent during the quarter. Home Depot fell 1.6 percent. And the weakness in Home Depot may be a warning sig