Diamonds and Dogs

6/16/21

Regeneron Pharmaceuticals (REGN) positive data for their COVID-19 antibody therapy. The stock is up a percent as their antibody can cut the risk of death in patients who have been hospitalized by 20%. This is the first-time clinical research has demonstrated that Regeneron's antibody treatment has improved survival for hospitalized patients. In the last week, the U.S. added a fourth vaccine from Novavax to compliment the vaccines from Pfizer, Moderna and J&J.

Best Buy (BBY) wants to be more like Lowes? Best Buy is down 2% as the company, struggling to grow sales, will add luggage, outdoor grills and patio furniture to their website. Not sure this will work.

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.