…..Record highs for S&P and Nasdaq. Surviving Wannacry. Oil pops. OPEC may extend cuts. Saudis may invest in US infrastructure. Homebuilder confidence high. Thermo Fisher buys Patheon. Moody’s buys Bureau van Dijk. Amazon IPO 20th anniversary. Who will they crush next? Waymo beats Uber in court, then teams up with Lyft. Philly sues Wells Fargo.   Financial Review by Sinclair Noe for 05-15-2017 DOW + 85 = 20,981 SPX + 11 = 2402 (record) NAS + 28 = 6149 (record) RUT + 11 = 1393 10 Y + .01 = 2.34% OIL + .98 = 48.82 GOLD + 2.70 = 1231.40   The S&P 500 and the Nasdaq hit record highs today. Profits from S&P 500 companies surged by 14.9% during the first quarter, the fastest rate since 2011, according to CFRA Research. That’s a far cry from the earnings decline of nearly 7% experienced at the start of 2015. Roughly three-quarters of the 450 or so S&P 500 companies that have reported results this season have beaten profit expectations, the highest rate since 2010. The S&P 500’s price-to-earnings ratio of 17.5 remains well above the 10-year average of 14, but below the 13-year highs experienced earlier in the year. The energy, tech, financials and materials sectors –  enjoyed stellar growth of 20% or more during the first quarter.   On Friday, a major piece of malware hit the web, and throughout the weekend infected hundreds of thousands of computers around the globe. The software, called WannaCry 2.0, is what’s known as ...