…..S&P and Nasdaq hit record highs. Retail leads? Trade gap grows. OPEC extends cuts. GM cheats on diesel, too. Appeals court slams immigration ban. Trump and NATO like cats and dogs. Senate to repeal Obamacare in 2020. Nvidia’s charmed existence. Hurricane season. We’re number 5! Financial Review by Sinclair Noe for 05-25-2017 DOW + 70 = 21,082 SPX + 10 = 2415 NAS + 42 = 6205 RUT + 0.88 = 1383 10 Y – .01 = 2.25% OIL – 2.50 = 48.82 GOLD – 3.20 = 1256.40 The S&P 500 and Nasdaq hit record closing highs. The surprising part is that retail led the charge. Best Buy beat profit expectations, reported a surprise increase same-store sales and provided an upbeat outlook. The net profit for the quarter dropped to $188 million, or 60 cents a share, from $229 million, or 70 cents a share, in the same period a year ago. Still they blasted through analyst estimates. Best Buy shares jumped 22% today. Tommy Hilfiger owner PVH was the second-biggest S&P gainer with a 4.8-percent jump to a near 6-month high on strong results. Dollar Tree reported earnings that matched estimates. Sales rose 4%, while same-store sales rose 0.5%. Sears posted a quarterly loss on an adjusted basis. Revenue dropped. Same-store sales fell 11.2% in the quarter. But Sears recently announced cost cutting measures and they still have cash on hand for operations. Today, shares popped 12%. The trade gap in goods—services are excluded—widened to $67.6 ...