Diamonds and Dogs

10/19/21

The WHO likes Merck (MRK). Merck is up 3% after the World Health Organization said they intend to buy their antiviral Covid-19 pill for distribution in the world's poorer countries, once it is approved as safe to use.

Marriott International (MAR) hit with a downgrade. The hotel industry is slowly improving and should have a good 2022, but the stock is down nearly 3% after an analyst at Evercore hit the hotel chain with a downgrade saying, while the hotel industry is recovering better than many analysts anticipated, Marriott's stock already accounts for that, leaving little room for the stock to rise further. We'll see.

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.