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

1/13/17

Investors are heading to the slopes. With the Dow coming up short once again to touch 20,000, it looks like investors have decided to start the three day weekend a little early and go skiing. Vail Resorts (MTN) is jumping 2% not far from all-time highs thanks to better than expected ski season metrics with North American season-to-date total lift ticket revenue up 4.3% year over year.  Vali has had very strong season pass sales growth leading up to the ski season along with recent snow storms particularly out West creating outstanding conditions for guests to enjoy across all their Western resorts.

GameStop (GME) has stopped going up. The video game retailer dropped 8% not far from a 52 week low after same-store sales plummeted nearly 19% during the nine-week holiday period through December. The retailer has had a rough couple of years, hurt mainly by the shift to digital game downloads and away from packaged media. In response, GameStop has diversified its business from video games to mobile devices and pop-culture collectibles.

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.