Diamonds and Dogs


Caterpillar (CAT) jumps 7% toa 52 week high after the heavy-machinery maker posted earnings and revenue that both exceeded the highest analyst estimates. The company saw resilient demand for its iconic yellow machinery even as China slowed down.

Profit-taking in the transportation sector. Uber (UBER) is down 5% even though they reported a surprise profit. JetBlue (JBLU) is down 8% as they warned of a third quarter loss. Norwegian Cruise (NCLH) dropped 13% after lowering third quarter guidance for a quarterly loss as higher costs start to bite.  

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.