….Record highs for S&P, Dow, Nasdaq, Russell. Market drips higher. Trump goes to Puerto Rico, hilarity ensues. Automakers surge on flooded cars. Equifax unites politicians. Yahoo hack 3 times worse. Wells Fargo on Capitol Hill. ATM fees up. Financial Review by Sinclair Noe for 10-03-2017 DOW + 84 = 22,641 SPX + 5 = 2534 NAS + 15 = 6531 RUT + 2 = 1511 10 Y un = 2.33% OIL – .22 = 50.36 GOLD + .60 = 1272.10 The S&P 500, the Dow, Nasdaq and the Russell 2000 indexes all posted record high closes for the second straight day. Enjoy it while you can. The market has been slowly, steadily climbing. The more unusual factor is that it hasn’t been dropping. Even in a secular bull market we have pullbacks but dips as small as even 3% have been in incredibly short supply. If you’ve been waiting to buy the dips – sorry – there are no dips. Historically speaking, on average, the domestic equity market corrects every 11 months—the last correction was in November 2015. Meanwhile, on average, the U.S. equity market dips three to four times per year. The last dip was in June 2016. In addition to the nearly nonexistent downside, market volatility has also been hard to come by. Thus far this year, the S&P 500 SPX has only closed with a 1% move in either direction in eight sessions. That’s on track to be the fewest such moves since 1995, when there were 13. ...