…..Stocks bounce back. House passes their version of tax cuts, now it moves to the Senate. Walmart, Cisco, and P&G post big gains. Homebuilder confidence up. Fed heads consider how to fight the next recession, and how to protect financial privacy. Tesla’s mind blowing big rig. … Financial Review by Sinclair Noe for 11-16-2017 DOW + 187 = 23,458 SPX + 21 = 2585 NAS + 87 = 6793 RUT + 22 = 1486 10 Y + .03 = 2.36% OIL – .16 = 55.17 GOLD + .70 = 1279.30 If you have been following the on-again, off-again path of the tax cut plan on Capitol Hill, it is becoming clear that a tax cut is not fully priced into stocks. Yesterday – bad news about the plan as the Senate linked another Obamacare repeal effort to the tax plan and the first Republican senator defected. Today – the House passed their initial version of the Tax Cuts and Jobs Act. That certainly wasn’t the only factor contributing to the bounce back in stocks, but it was noteworthy. Cisco Systems leapt 6.2 percent, its biggest move since February 2016, after the internet gear maker reported a bigger profit than analysts expected and said revenue should grow in its next quarter after two years of declines. Wal-Mart jumped over 10 percent after the retail giant reported strong third-quarter results and raised its annual profit outlook. Walmart, which has been challenging Amazon by adding products, partners and perks, saw ...