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

10/5/18

GE (GE) a bright spot in a down market. GE is trading up 4% to a new two month high with a new CEO with a new pay package. The new GE CEO, Larry Culp signed a compensation plan that could pay out $47 million in stock options if GE shares rise 50 percent by late 2022 and more if the stock keeps rising.  

Elon Musk can't help himself. Tesla (TSLA) dropped 7.1% back to a one month low after CEO Elon Musk seemingly mocked the SEC in a late Thursday tweet, just days after agreeing to a settlement with the agency over securities fraud allegations stemming from his failed bid to take the company private. Elon Musk called the SEC the, "Shortseller Enrichment Commission" on Twitter while famed short seller, David Einhorn said, "Like Lehman, we think the deception is about to catch up to TSLA."

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.