Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

9/21/18

American Airlines (AAL) raising bag fees. The east coast airliner is up 4% after raising their first checked bag fee to $30 and the second bag fee to $40. The hike is only $5, but it has added $800M in market cap. The hike in fees now matches most other airliners. American Airlines is also donating $300,000 to the American Red Cross and an additional $300,000 to the North Carolina Community Foundation Disaster Relief Fund to ease the burdens that have been placed upon thousands of Carolinians as Hurricane Florence made landfall last week.

Roller-coaster week for the cannibas sector. Canadian company, Tilray (TLRY) is down 26% today after rallying 150% from Monday to Wednesday. Earlier this week the U.S. Drug Enforcement Administration has signed off on its plan to import a marijuana product from Canada in order to test its effectiveness in treating essential tremor, a neurological disease. Now a Florida Republican is looking to block it from providing the substance for use in US clinical trials. Tilray was halted at least three times on Wednesday due to high volume. That may have signaled a top.

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.