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Day Traders Diary

9/23/21

The major averages jumped for a second day as fears around a crisis in China's property market eased somewhat and as the Federal Reserve kept current monetary stimulus in place for just a little bit longer. The Dow Jones Industrial Average surged 506 points, or 1.48%, to 34,764, with steady buying... Read More

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Diamonds and Dogs

9/23/21

People are going out to dine. Darden Restaurants (DRI), the parent of Olive Garden, is up 5% to new highs after beating earnings estimates, raising guidance, raising their dividend and unveiled a stock buyback. Sales jumped 51% from a year earlier to $2.31 billion. Rite Aid (RAD) trades lower... Read More

9/22/21

General Mills (GIS) is higher by 3% following earnings. Strong growth in their pet foods business cushioned a slowdown in demand for its cooking sauces and baking products. Net revenue at its pet foods unit jumped 25% in the quarter. Cheerios and other cereals, snacks and baking products continued... Read More

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