Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

9/22/15

Plenty of dogs today. Goldman Sachs (GS) is down 2% on news their CEO has cancer. The CEO and the doctors believe he has a really good chance to make a full recovery and long term this sell off is a buy. Potash (POT) the fertilizer company is down 7% to a new 52 week low and close to its 2008 low of around $20 a share. Potash like most commodity related stocks is in a tough spot, looking to survive this commodity deflation environment.

Not many stocks higher today. Carnival, Lennar, Red Hat, CarMax, ConAgra, Darden Restaurants all reported strong earnings, but due to market weakness are trading lower. Autozone (AZO) is one of the few diamonds trading up a percent following better than expected earnings. For the year, the company has reported a profit of $1.16 billion, or $36.03 per share. Revenue was reported as $10.19 billion. This is a tough market to report earnings in.

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.