Ford (F) revving its engines today, up 10% to a three month high. After strong earnings from GM the other day, its Ford’s turn to report better than expected earnings. Ford beat by 10 cents as sales rose 9.4% to $50.53 billion. The earnings and guidance was better than expected even as Ford faces a number of headwinds including tariffs and a fire at the Novelis plant in Oswego NY where Ford gets their aluminum. The fire will cost Ford $1.5 to $2 billion in lost production.

Deckers Outdoors (DECK) lower by 12% following earnings and lackluster guidance. Deckers beat by 24 cents as sales rose 9.1% to $1.43 billion, but the Hoka and Ugg brand owner said they see a pullback in their consumers and consumer confidence overall due to tariffs and rising prices.  Decker’s stock is down 50% on the year.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it’s usage