Diamonds and Dogs


Walmart (WMT) is up 3% following the second upgraded this week as the coronavirus pandemic drives shoppers to their local grocers to stock up on food and necessities. Walmart is now up for the year along with the major grocers like Kroger's who are witnessing record sales.

Wynn Resorts (WYNN) is down 27% as Nevada orders the casinos in Las Vegas to close with other non-essential businesses to close as well. The Governor is instructing bars, movie theaters and gyms to close by noon Wednesday while restaurants should shutter their dining rooms and only offer takeout or delivery in order to stem the spread of the new coronavirus.

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.