Royal Caribbean (RCL) continues to shine. The cruise line giant is up 4% benefitting from strong demand bolstered by strong labor market, high wages, surplus savings, and elevated wealth level. Royal Caribbean is expanding their fleet with two new large ships this fall for a total of 7 new ships over the next several years.

Diamond on Friday, Dog today. Intel (INTC) is down 4% as rumors from last week of a possible US government investment. A deal may not be announced anytime soon, but the Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company’s Chips Act grants into equity according to Bloomberg News.

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