Financial Review

What Will Happen Next

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Synopsis

…Indictments…. Financial Review by Sinclair Noe for 02-16-2018 DOW + 19 = 25,219 SPX + 1 = 2732 NAS – 16 = 7239 RUT + 6 = 1543 10 Y – .01 = 2.88% OIL + .31 = 61.65 GOLD – 6.10 = 1348.20   I am glad it is Friday. There has been an overload of news this week. Consider, there are reports back in 2006, Trump had an extra-marital with a Playboy Playmate, and that hush money was paid before the 2016 election. No, this is not Stormy Daniels, the porn actress, this is different. Ten years ago, or 20 years ago this would have been a huge story, now it barely gets a mention.   Let’s start with Wall Street.   One week from one of the most disastrous weeks of stock market trading, including two quadruple-point drops in the Dow, one of which was the index’s biggest point-drop in history, Wall Street squeezed out a gain on Friday to end higher for a sixth straight session. The Dow rose 4.25 percent for the week, its strongest weekly gain since November 2016. The Nasdaq rose 5.31 percent for the week, its best week since De