Diamonds and Dogs
stocks climb higherStocks Power Higher
Stocks have shown new life this month as the Dow is up over 7% during the last 30 days. Today was no exception, as "green" was the color of money on most quote screens. Where do we go from here? Stocks have momentum, but the last two August-September stretches have been horrendous for equities. The news will become light for the rest of the summer, meaning only bad news will dominate the tape. If you have some trading gains, you may want to put the proverbial "hay in the barn" for a portion of it right now.
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.