Diamonds and Dogs



Adidas (ADDYY) jumps 5% on strong earnings and guidance as the company moves away from Yeezy and their remaining stock. Adidas seems to be benefiting from a slowdown at Nike, a lack of recent innovation at Nike price conscious consumers selecting Adidas or Nike.  

JB Hunt (JBHT) moving in the wrong direction. The transportation company has been struggling for a while with weak pricing for their services while costs including gas keep rising. Cowne downgraded the stock saying the short term environment is not good and a second half of the year recovery is looking more challenged.

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