Diamonds and Dogs


Target (TGT) is on target. The retailer is up 4% to new highs following strong earnings. Sales rose 23% to $23.88 billion. Same-day services such as order pickup and drive-by pickup, which combined saw year-over-year gains of 90%. Home goods and clothing were the top selling sectors. 75% of the populations lives within 10 miles of a Target.

Bitcoin is having a tough week. The cryptocurrency is down 15% today and down 30% in the last two weeks. Several corporations like Tesla (TSLA) and MicroStrategy (MSTR) have been using excess corporate cash buy bitcoin as an investment. That strategy may come back to haunt them.

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.