Diamonds and Dogs


General Motors (GM) going soft in a good way. The auto giant is up 10% to a three month high on news the Japanese investment firm, Softbank will invest $2.25 billion in GM's self-driving unit. The investment gives a big leg up to GM's Cruise division which has said it wants to put self-driving cars on the road next year.

The dollar is weak today. Both, Dollar Tree (DLTR) and Dollar General (DG) are down over 8% on disappointing earnings. Both companies stated that "unseasonably cold and damp weather" negatively impacted its sales in the first quarter, but both have seen improved sales in the current quarter. A similar story for most retailers except for the ones doing well.

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.