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Leigh Baldwin & Co.

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

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Diamonds and Dogs

5/17/17

Target (TGT) on target, at least today. Investors were prepared for nothing but bad news coming from Target Corp, but the stock is up 2% after beating earnings and sales numbers. The company also guided second quarter in line with indications a turnaround is taking hold. Good news today, but the stock is still down over 20% year to date.

Comey and Trump have the major averages headed to their worst day of the year. The Dow Jones industrial average traded 250 points lower, with Goldman Sachs (GS) contributing the most losses, down nearly 4%. Even the mighty Apple, Amazon and Facebook are trading lower. Not sure all three have fallen in the same day this year.

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.