…..Another Dow record high. Apple sweet. ISM manufacturing slips. Car sales slumber. Consumer spending and inflation flat. Sully opposes air traffic control privatization. The Opioid Crisis – a national emergency. Financial Review by Sinclair Noe for 08-01-2017   DOW + 72 = 21,963 SPX + 6 = 2476 NAS + 14 = 6362 RUT + 2 = 1427 10 Y – .04 = 2.25% OIL – .94 = 49.23 GOLD – .60 = 1269.20   Another record session for the Dow; that’s 5 in a row. It’s the 31st record high for the Dow in 2017. Between the scandals, the international gaffes, the disturbing handshakes, and a White House that has more turnover than a red-light district Airbnb, keeping up with the news is a full-time job. And through it all, Wall Street has shown an amazing ability to focus on other stuff.   With two thirds of S&P 500 companies having reported their second-quarter earnings, 72 percent have beaten Wall Street’s expectations. In a typical quarter about 64% of companies beat expectations. The S&P 500 is trading at about 18 times earnings estimates for the next 12 months, above its 10-year average of 14 times.   After the closing bell, Apple reported earnings and revenue topped Wall Street estimates.  Apple jumped about 5% in after-hours trade. Apple also issued strong revenue guidance for its fourth fiscal quarter, suggesting strong sales growth year-over-year. The strong guidance also hinted at the launch of a redesigned iPhone in September, which is expected to ...