….Dow and S&P close at record highs. Kroger’s dead cat bounce. Blue Apron’s Road(kill)show. SCOTUS on social media, gerrymandering, and nasty trademarks. Silicon Valley visits Washington. Macron at Paris Air Show. CenturyLink goes class action. Fantasy merger falters. Financial Review by Sinclair Noe for 06-19-2017 DOW + 144 = 21,528 SPX + 20 = 2453 NAS + 87 = 6239 RUT + 11 = 1418 10Y + .03 = 2.19% OIL – .64 = 44.10 GOLD – 9.80 = 1244.60 The Dow Industrial Average hit another record high today. The S&P 500 is up 9% so far this year, hitting another record high close today. Just 10 companies have accounted for almost half of the benchmark’s return this year. While stock bears have been stressing caution, some have gone as far as to compare the current environment to the dotcom bubble. The reality is that this concentration is not unusual; it happens in rallies. On June 9, tech stocks in the S&P 500 dropped 2.7%. But that money mostly stayed in the stock market, flowing into energy and financial shares. Nasdaq’s biotechnology index rose 2.5 percent in its biggest one-day gain since February while the S&P’s healthcare index had a record-high close. The S&P’s financial sector was also one of the benchmark’s strongest gainers with a 1% rise after New York Federal Reserve President William Dudley said U.S. inflation was a bit low but should rise alongside wages as the labor market continues to improve, allowing the Fed to continue gradually ...