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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

6/5/18

Twitter (TWTR) is acting a lot more like Facebook, in a good way. The online chat website is up 5% today and up over 100% in the last year to a three year high on news it is getting added to the S&P 500. Similar to Facebook when it came public, Twitter is figuring out a way to monetize their chat website.  The stock is not cheap, but neither is Facebook.

Starbucks (SBUX) is down 2% not far from a 52 week low on news Howard Schultz's will step down as Chairman and leave the company. Shultz became CEO of Starbucks in 1982 with four branches in the Seattle area. In less than two decades, Starbucks had a presence on all continents, with 3,501 total stores and $2 billion in revenue. Now people want him to run for President. We'll see.

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.

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