Amazon (AMZN) higher on cyber Monday as consumers are expected to spend $14.2 billion or $16 million a minute. Adobe software expects sales to be up 6% year over year. Holiday spending may surpass $1 trillion for the first time, according to the National Retail Federation.
Crypto Currencies resume their sell off. Robinhood (HOOD) and Coinbase (COIN) are down 3% and 4% respectively as both companies provide exchanges for trading cryptocurrencies and stocks. Bitcoin is down 6% while Ethereum is down 9% today.
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