Diamonds and Dogs


Range Resources (RRC) trying to break out of its range. The natural gas stock is up 5% thanks to encouraging update with respect to its Trinidad operations. After a disastrous 2017, Range is looking forward to 2018 with improving pricing and results from Trinidad and their prime locations in the Marcellus shale space.

Chinese casinos were unlucky in December. Wynn Resorts (WYNN) is down 2.5% after the Macau gaming revenue missed the median estimate of a 20 percent increase. Analysts attributed the unexpected slower growth to bad luck for casinos as gamblers took home greater-than-expected winnings. High stakes players will continue to dominate in 2018, and these smaller groups of elite players are expected to bring gaming revenue turbulence with them.

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.