Oil pops, stocks stall. Fed waits. Walmart gets techie. Steinhoff gets Sleepy. Vail gets Blackcomb. TIAA gets Everbank. Delta suffers system outages. Appl has a new phone sans headphones. Samsung fights. Financial Review by Sinclair Noe for 08-08-2016 DOW – 14 = 18,529 SPX – 1 = 2180 NAS – 7 = 5213 10 Y un 1.59% OIL + 1.22 = 43.02 GOLD – .40 = 1336.00 The S&P 500 hit an intraday record high this morning at 2185, as oil prices rose. On Friday, stocks surged, with the Dow jumping nearly 200 points and the S&P and the Nasdaq closing at record highs after a strong July jobs report showed the economy added 255,000 new jobs in July. Federal Reserve policymaker Jerome Powell says the US economy is at increasing risk of becoming trapped in a prolonged phase of slow growth that points to the need for lower interest rates than previously expected. Powell told the Financial Times he favored a “very gradual” path for any rate hikes as the US economic outlook was dogged by global risks. Powell said, “With inflation below target, I think we can be patient.” Next week, we get the monthly CPI report on July inflation at the retail level; my guess is that anything under 10% inflation and the Fed will continue to remain patient. Oil rose 2.5% after a report that some OPEC members had called for a freeze in production. Members of the Organization of Petroleum Exporting Countries ...