…..Record high for Nasdaq. Markets look past White House dysfunction. Tech and everything else. China is a worry. Housing starts tick down. Industrial production picks up. Ford – job cuts are number one. Home Depot beats on earnings but the rest of retail sucks. Cyber-attack blame game. Pirates of the box office.   Financial Review by Sinclair Noe for 05-16-2017 DOW – 2 = 20,979 SPX – 1 = 2400 NAS + 20 = 6169 (record) RUT + 0.76 = 1394 10 Y – .01 = 2.33% OIL – .35 = 48.31 GOLD + 6.30 = 1237.70   Another record high close for the Nasdaq Composite, with minor losses for the other major indices. The safe play appears to be mega-cap tech plays.   A rally in the euro was reinforced by dollar losses, prompted by allegations that President Trump disclosed highly sensitive intelligence information to senior Russian officials. Late yesterday, White House National Security Adviser H.R. McMaster rejected the conclusions of a Washington Post article which claimed the president had revealed sensitive classified information to Russia’s top diplomat during an Oval Office meeting last week. McMasters said the story “as reported is false”. Then this morning, Trump took to Twitter and confirmed reports by the Washington Post and other media outlets that he gave sensitive information to Russian officials, tweeting he had the “absolute right” to do so. Questioned about the report in the early afternoon, Trump simply said he had a “great meeting” with the Russians. The disclosures add to concern ...