Diamonds and Dogs
Retail is on fire. After a dismal 2017 (blame Amazon), the retailers have come roaring back with better than expected comps, earnings and same store sales. Target (TGT) is jumping 4% to new highs following earnings. Urban Outfitter is jumping 3% to Lazy Boys (LZB) is not so lazy, jumping 11% to new highs following earnings. Kohl's (KSS) is up a percent to new highs on an upgrade.
No laughing matter at Hawaiian Airlines (HA). The airlines have been acting better of late, but Hawaiian Airlines is down 3% as Hurricane Lane heading toward the Hawaiian Islands is now a category 4 storm with sustained winds of 140mph. It's been a tough year for Hawaii with North Korea pointing nukes at them, the Big island's volcano eruption destroying 600 homes and now a hurricane. What else can go wrong for Hawaii?
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.