Gasoline Demand -- Lookin' Good -- October 26, 2017

Google: huge report; jumps 4% after hours, after earnings reported; back above $1,000/share; and CNBC quickly finds things to worry about with regard to Google; EPS $9.57/share; vs $7.25/share a year earlier. Huge. Revenue at $27.77 compared to $22.45 a year earlier.

Amazon: revenue higher than expected; growth huge year-over-year; 52 cents; huge beat on the bottom line. CNBC completely surprised; now CNBC now trying to explain it; "not a managed numbers; a real number"; now trading above $1,000/share again; some talking head thinks it might be due to Whole Foods acquisition; I doubt it; if anything Whole Foods would be a drag; another analyst suggests the Amazon numbers are "awesome";

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Gasoline Demand

From the EIA, a dynamic link:

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The Market

Marathon Petroleum 3Q17 earnings beat as margins soar! EPS at $1.77 vs estimate of $1.45. Refining margin of $14.14/bbl vs $11.32 previous quarter and $10.67 a year ago. Whoo-hoo.

UNP: 3Q17 profit grows 6% despite challenges.  EPS of $1.50/share, up from $1.36 a year ago, despite Hurricne Harvey. Estimates at $1.49.

NYSE, new highs, 175 183, including -- BAX (whoo-hoo!); D. R. Horton (again); JPM;

• new lows: 78 83, Baker Huges a GE (BHGE); Chesapeake Energy (CHK), EPD and ETP; GE; PAA -- looking at the new lows, the energy sector not looking good

COP transcript.