Diamonds and Dogs


Oil stocks continue to perform well. Exxon Mobil (XOM and Chevron (CVX) are up 2% as the price of oil climbs past the psychological $70 per barrel benchmark. The summer driving season kicked off in the U.S. over Memorial Day weekend as Covid-19 cases continue to go down and Europe opens back up for vacationing tourists.

Shorts going after DraftKings (DKNG). The online gambling stock is down 3% after opening down 11% after a known short seller saying a foreign subsidiary as opened the company to exposure to black-market gaming and money laundering. Credit Suisse has come out and defended the company and stock.

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.