…..Nasdaq’s 12 record for 2017. Crude glut, prices rise. Intel investing in AZ. Sharp investing in US. Brexit vote. VW investing in Electrify America. Takata guilty. Earnings season roundup. BofA opens robo-branches. Goldman Sachs robo-bankers. Financial Review by Sinclair Noe for 02-08-2017 DOW – 35 = 20,054 SPX + 1 = 2294 NAS + 8 = 5682 RUT – 2 = 1358 10 Y – .04 = 2.35% OIL + .19 = 52.97 GOLD + 8.10 = 1242.50 Another record high for the Nasdaq Composite, its 12th all-time close of 2017.   The American Petroleum Institute reported crude supplies rose by 14.2 million barrels last week, undermining OPEC’s efforts to re-balance global markets. The Energy Information Administration said that the U.S. will pump the most crude next year since 1970, as OPEC cuts lift prices and benefit domestic producers. And in its weekly report this morning, the EIA reported a larger-than-expected increase in crude-oil supplies—their fifth weekly rise in a row and the second-biggest on record, based on EIA data going back to 1982. Crude inventories climbed by 13.8 million barrels in domestic crude-oil supplies for the week ended Feb. 3. Weekly crude stockpiles haven’t climbed by this much since the week ended Oct. 28. Crude oil prices reversed an earlier loss and eked out a gain on the day. Go figure. Best guess is that the report also showed gasoline supplies fell by 900,000 barrels. Sorry, but that’s about the best excuse I can come up with.   Intel will invest $7 billion ...