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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

9/13/19

An upgrade for Netflix (NFLX) has the stock up 2%.  Everyone and their brother is staring up their own streaming services. Apple this week announced their own Apple TV+ service for $4.99 a month. Netflix stock is down over 20% in the last two months, but today the stock is higher. The Piper Jaffray analyst reiterated his buy rating and a $440 target saying he expects in-line domestic sub adds and potentially upside for international subscriptions.

Turns out vaping is not good for you. Tobacco company, Altria (MO) which owns35% stake in the e-cigarettes company Juul, is down 2% today and down 35% in the last year. The government is looking into regulating e-cigarettes further following a growing number of vaping health issues. The government is considering banning mint and menthol flavors e-cigarettes which represent 85% of Juul sales. Yikes.

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.