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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

7/24/17

 A diamond from yester year. Not many stocks up today, but Xerox (XRX) is up 3% to a new high for the year following an upgrade Barclays. The stock conducted a one-for-four reverse stock split last month and is still down 25% over the last two years.

Retailers taking a hit again. Hibbett Sporting (HIBB) is down 27% to a new 52-week low after lowering second quarter guidance. But don't worry, they have a solution, a website for transactional e-commerce called, www.Hibbett.com. Welcome to the 21st century Hibbetts. Too bad you won't last long. A second retailer, Hasbro (HAS) is down 8% after a big run up following less than stellar earnings. As a side note, Amazon (AMZN) is at a new all-time high.

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.