Financial Review

…Record highs for the S&P, Nasdaq, and Russell 2000. Earnings soon. Gov shutdown? Offshore oil and gas. 2017 and bad weather. Driving Fed policy. OK Google, what is CES? Kohl’s good Xmas. Credit card debt nears milestone. Financial Review by Sinclair Noe for 01-08-2018   DOW – 12 = 25,283 SPX + 4 = 2747 NAS + 20 = 7157 RUT + 1 = 1561 10 Y un = 2.48% OIL + .46 = 61.90 GOLD + 1.10 = 1320.90   Record highs for the S&P, Nasdaq, and Russell 2000. Stocks started in negative territory this morning. The S&P and Nasdaq soon turned positive, but the Dow Industrials floundered around break-even. The Dow was up 2.3% last week; that’s the strongest kickoff to a year through four trading days since 2003, and it broke through 25,000. The Nasdaq continues to enjoy the tech rally from stocks like Nvidia and Micron – and the FAANG stocks are still acting FAANGy. The Nasdaq was 3.4% higher last week. That’s the Nasdaq’s best start to a new year since 2006. It’s normal — and even healthy — for the stock market to take a breather