Diamonds and Dogs

5/12/17

Insider buying at Twilio. The cloud communications platform company is up 2% on news of insider buying. The CEO disclosed the purchase of 100K shares at prices ranging from $22.96 to $23.76 per share. That's a good sign following disappointing earnings last week. Hopefully better days are ahead for Twilio.

The dog of the day goes to a plethora of retailers. Nordstrom (JWN) and JCPenney (JCP) are down over 8% following earnings. Dicks (DKS) is down 5% after admitting to overstating earnings. Kohls (KSS) is down 2% on a downgrade. Not a good time to be a retailer.

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.