Diamonds and Dogs

3/5/25

Ford (F) and GM (GM) are up 5% and 4% respectively as automobile trade tariffs may get delayed for a month one day after going into effect. The defense stocks are also jumping with Lockheed (LMT), General Dynamic (GD) and Northrop (NOC) up 2% as an analyst at Citigroup said the DOGE cuts are overblown, and President Trump will spend a lot of money for a missile defense dome while resurrecting the shipbuilding business.

Oil stocks and the price of oil are lower as OPEC + expects to increase production for the first time since 2022 even as economic data shows a slowdown in growth. Exxon (XOM), Conoco (COP), Diamond Back (FANG) and Occidental (OXY) are all lower by 2%.

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.