Diamonds and Dogs
AMC Entertainment (AMC) and GameStop (GME) are skyrocketing up 200% and 130% respectively as two heavily shorted stocks are getting a lot of attention by traders and hedge fund managers pushing the stocks. This typically doesn't end well.
Boeing (BA) taking a hit. Boeing is down 3%, but off the lows following a record loss due to write offs and charges. Management expects demand for the widebody aircraft 777X to take longer than expected, but the with the vaccine being rolled out, Boeing and the airliners are optimistic brighter skies are coming later this year.
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.