Diamonds and Dogs

5/6/21

Kellogg (K) jumping 7% thanks to a strong demand for cereal. Kellogg's is working overtime to keep supplies of its most beloved cereals not named cornflakes, Froot Loops, Apple Jacks and Corn Pops, in stock as people continue to consume large quantities of food at home amidst the COVID-19 pandemic.

Profit-taking in Las Vegas Sands (LVS). The stock is down 3% even though Sin City is going through a boom. Macau gaming earlier in the week said sales were up 1000% year over year. Nevada gaming is up 72% year over year as Las Vegas is running out of rooms. Get ready for a crazy summer.

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