Diamonds and Dogs



Something cooking at Williams-Sonoma (WSM). The cookware retailer is surging 21% following strong earnings and upbeat forecast. Williams-Sonoma was a beneficiary of the Covid-19 pandemic as people spent more on their homes. The company announced an 11% increase to its dividend and a new $1 billion share repurchase program.

Tech taking it on the chin. After a big run up last year and to start this year, tech stocks are in correction territory as interest rates rise and the economy inches closer to reopening. Seagate (STX) is down 4$ today on news they are being investigated over alleged breach of China sanctions.

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.