Bank of England cuts rates. More data just before the July Jobs Report. Importing more oil than we produce. Tech deals and IPOs. Maybe the Chamber wants to try an inversion. Earnings news. Nike drops golf. An actual Moon shot. Apple Energy. Financial Review by Sinclair Noe for 08-04-2016 DOW – 2 = 18,352 SPX + 0.46 = 2164 NAS + 6 = 5166 10 Y – .04 = 1.50% OIL + .89 = 41.72 GOLD + 2.70 = 1361.40   Another day on Wall Street without conviction. The major indices continue to trade in a very, very tight range. The Bank of England cut interest rates 25 basis points to 0.25 percent.  The bank also announced it would expand its quantitative-easing program by 60 billion pounds and purchase corporate bonds. The basic argument for the rate cut is to stimulate economic growth by encouraging people to borrow and invest. This, in turn, should help to spur inflation. The rate cut was widely expected. The extension of bond buying was not as widely expected. The introduction of corporate bond buying will be of particular interest to the markets since it has only briefly been experimented with in the past. The BoE left its forecast for growth this year steady at 2.0 percent, but 2017 brings a sharp downgrade to growth of just 0.8 percent from a previous estimate of 2.3 percent. Businesses in the U.K. are looking beyond the Bank of England and are calling on Chancellor of the Exchequer Philip ...