Diamonds and Dogs


People are ready to travel. Carnival Corp (CCL) is up 8% as the cruise line operator reported better-than-expected second quarter earnings and guidance for the full year. Revenue rose 17% year over year. Carnival said booking volumes hit an all-time high as travelers continue to seek out newer experiences and fun activities.

No one is staying home for now. Pool Corp (POOL) is down 8% after sharply lowering the second quarter and full year heading into the summer season. The company is citing tough economic conditions with reduced consumer discretionary spending and demand. New pool construction activity is expected to drop 15% to 20% from 2023. It expects remodeling to fall as much as 15%, versus its earlier forecast of flat to 10% lower.

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.