…..Dow, S&P, and Nasdaq records. Senate votes on budget reconciliation. Checking performance at the 9 month mark. Home sales up. AZ unemployment down. Enjoy the shooting stars. Financial Review by Sinclair Noe for 10-20-2017 DOW + 165 = 23,328 SPX + 13 = 2575 NAS + 23 = 6629 RUT + 6 = 1508 10 Y + .06 = 2.38% OIL + .37 = 51.66 GOLD – 9.70 = 1281.00   Record highs for the Dow, S&P and Nasdaq – marking the 24th time this year that all 3 major indexes hit records on the same day. The Dow has posted 53 record highs this year, while the S&P has notched 49, although the number of highs is almost irrelevant. More important is the strength and duration of the trend. The S&P has been extremely steady – notching 241 days without a decline of 3% or more. If the S&P can continue this calm trading, it would break a record going back to 1995. the S&P 500 is on pace for its ninth consecutive year in the green, which would match a similar streak from 1991 to 1999. For the week, the Dow gained 2%. The S&P 500 was up 0.9 percent for the week while the Nasdaq added 0.4 percent. The Dow and S&P have now posted gains for 6 consecutive weeks. The Nasdaq is up for 4 weeks.   What about valuation? At Friday’s close, the S&P 500 traded at 19.5 times forecast earnings, the highest since the ...