Diamonds and Dogs
Gold starts off 2021 on a positive note. Gold is up 2.6% while gold miner, Newmont (NEM) is up 4% to a one month high after Barron's named it one of its top picks for the New Year.
QuantumScape (QS) taking a hit to start 2021. The lithium-ion battery stock is down 38% due to a pending lock up of more shares along with a story published by Seeking Alpha this morning calling out the company for its unproven battery technology. In the last two months, QuantumScape stock has gone from $15 to $132 back to $53.
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.