Diamonds and Dogs
6/2/21
Oil prices are at a 15-month high as summer driving season kick off. Oil company, Schlumberger (SLB) is up 4% to a new recent high after raising guidance and expecting oil prices to remain strong the rest of the year. From Memorial Day to Labor Day is also called the 100 Deadliest Days for fatal teen crashes. Nationwide, 7028 people died involving teen drivers from 2010 to 2019.
Zoom Video (ZM) spinning its wheels. The pandemic favorite is unchanged following strong earnings and sales which grew 191.4% to $956.24 million easily beating estimates of $908.17 million. Zoom also dramatically raised second quarter and full year guidance.
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.