Diamonds and Dogs


CrowdStrike (CRWD) jumps 10% on cybersecurity demand. The company easily beat earnings and sales estimates while also providing solid guidance. CrowdStrike is benefiting from numerous tailwinds due to more and more security breaches and growing security budgets around the globe

Common theme to the dogs this week, China. Apple and Tesla were down significantly the last couple weeks on concerns of slowing growth and demand in China. Today's dog is Morgan Stanely (MS)  is lower by 4% as they cut 9% of their staff for their asset management business unit in China including people that worked for their China fund.  

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.