Diamonds and Dogs


Weight Watchers (WTW) regaining its form. The diet company displaying relative strength rising 6%,  breaking out over the recent $48-resistance. Yesterday the company was upgraded by B. Riley at FBR with a $65 price target. With the holiday season in full swing, many of us with need Weight Watchers in the New Year.

Bitcoin took it on the chin this week falling as much as 47% in the last five days before rebounding. The digital currency erased more than $1,000 in one hour alone Friday morning before rebounding. Newly rebranded, Riot Blockchain (RIOT) fell 11% today and even a chipmaker affiliated with bitcoin, Advanced Micro Devices (AMD) fell 3% on the day. Question is with the carnage for bitcoin continue?

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.