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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

9/10/18

It's hurricane season. Home Depot (HD) and Loews are up 2% as Hurricane Florence heads toward North Carolina. North Carolina officials today ordered residents to evacuate the state's Outer Banks barrier islands. Hurricane Florence is now a Category 3 hurricane with winds of 115 miles per hour and expected to hit land by Thursday. Home Depot is up 32% in the last year since Hurricane Irma hit Florida.

Apple (AAPL) may be paying more for their components. President Trump is upping the ante with more tariffs targeting China and in particular, components that go into Apple's iphones. President Trump tweeted and conceded that Apple products may get more expensive after tariffs but  as he mentioned the solution is to make products in the U.S. Apple is down 4% in the last two days, but up over 30% for the year.

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.