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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

10/22/18

Tech one of the few sectors higher. Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), AMD (AMD) and Intel (INTC) are higher by a percent or more thanks to upgrades. Facebook and the Cyber-security stocks are higher on rumors Facebook wants to acquire a large cyber security company. A good day for tech.

Not a good day to report earnings. Halliburton (HAL) is down 4%, Kimberly Clark (KMB) is down 4%, Lennox (LII) is down 4%, Hasbro (HAS) is down 5% and Phillips (PHG) is down 9% after all five companies reported earnings this morning. Polaris (PII) opened down 3%, but has since rebounded now up 4% after a conference call when management discussed making their suppliers eat the higher costs from tariffs.

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.