Diamonds and Dogs
Another sign of life. Carnival Cruise (CCL) is up 6% as they plan to restart cruise operations in Italy this weekend. Carnival's Italy-based Costa Cruises is scheduled to have one of its vessels, Costa Deliziosa, depart on Sunday from Trieste, followed by other sailings this month out of Italy.
A bad day for tech. The Nasdaq 100 (QQQ) which was up 30% for the year is down 4% today led by Apple's (AAPL) 6% drop. Tesla (TSLA) is down 7% today and down 18% the last three days, but the dog goes to network hardware firm, Ciena (CIEN). Ciena is down 24% to a four month low after making cautious comments about the current quarter's fundamentals.
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.