Diamonds and Dogs


Eli Lilly (LLY) performing well on Alzheimer's drug data. Eli Lilly stock is up 6% today and up 30% in the last two months thanks to their experimental Alzheimer's treatment showing significantly slowed cognitive decline in people with an early stage of the disease. Eli Lilly plans to file their donanemab drug for regulatory approval this quarter, hoping for FDA approval before year end.

Chip correction continues. AMD (AMD) is down 8% following earnings. AMD did beat on the top and bottom line, but guided lower as the chip correction continues.  AMD is optimistic that the second half of the year will be better as they adopt their AI technology into their portfolio of chips.

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.