…..Dow hits another record. July was good for Wall Street, great for oil, bad for the dollar. Pending home sales rise. Lending standards tighten up. Scaramucci out after 10 days. Next – tax reform. Venezuela sanctions. Joe Arpaio in pink boxers. Tesla Model 3 hits the streets. Financial Review by Sinclair Noe for 07-31-2017 DOW + 60 = 21, 891 SPX – 1 = 2470 NAS – 26 = 6348 RUT – 4 = 1425 10 Y + .01 = 2.29% OIL + .46 = 50.17 GOLD – .30 = 1269.80 The Dow industrials traded in record territory. Losses in the tech sector weighed on the broader market. Despite the dip on the day, the S&P is within 1 percentage point off its own record, while the Nasdaq is 1.5% from its own. For the month, the Dow is up 2.5%, while the S&P is up 1.9% and the Nasdaq has risen 3.4%. July was the second-best month of the year for both the Dow and the S&P. Both posted their fourth straight monthly gain. The DOW, S&P and Nasdaq recorded their eighth monthly increase of the past nine months. The tech sector has not fallen off a cliff. The Dow hit 21,000 on March 1, and 22,000 is now just a chip shot away. The Dow hit 19,000 back in November. We made it through some big earnings reports and some investors took profits or shuffled the lineup. Moving forward, good earnings will continue to be ...