Werlinich Asset Management, L.L.C.

Interesting day of trading with many reversals ended w/ #DJIA up 172 and #DJTA up 244. Supercharged tech rally has #Nasdaq at record high. #S&P500 close to record. Earnings continue to surprise on upside. #NOC had great earnings yet fell 6.5%. Finance a little weak.

A day after #GOOGL rose sharply to record levels on strong earnings, #TopWAMHoldings #LMT, #UTX, #VZ all reported better than expected Q2 results. Stupid trade policy has #Trump administration offering $12B bailout to farmers. Companies like Whirlpool and Harley Davidson suffer.

The broad stocks averages closed the day, and week, flat in mixed trading. Weaker dollar helped commodities rebound a bit. Rates moved higher. Remarkable how well stocks are holding up considering trade wars, Russian collusion, etc. It's hard to be optimistic with this president.

Mixed trading ends w/ #DJIA up 45 but remaining broad averages lower. Banking/finance sole bright spot in otherwise down day. Rising treasury yields hurt REITs and utilities while lower oil prices doomed the energy sector. Pharmaceuticals and medical device sectors were very poor

Stocks closed the week w/ mixed results, but the broad averages finished higher. #Nasdaq edged up 2 pts to another record. #S&P 500 finish within 70 pts of the high set in January. #DJIA remains well off its high. Next week is #Trump's meeting with Putin and more earnings. TGIF

Stocks gained today in broad rally across all sectors, essentially erasing losses from yesterday, as tech lead the way, boosting the #Nasdaq to another record high, thanks to new records for #AMZN, #GOOGL, #MSFT and #FB among others. Corporate earnings should lead headlines.