Diamonds and Dogs


Ford (F) at a seven year high following earnings. Ford easily beat expectations reporting sold cash flow. Ford raised guidance and reinstated their dividend of 10 cents a share coming in the fourth quarter. The dividend had been suspended since March 2020. Looking forward, Ford believes they have a spring-loaded future as they emerge from the chip shortage and COVID constraints.

Altria (MO) up in smoke. The cigarette maker is down 6% to an eight month low following a miss in earnings as revenues fell 2.6% to $5.53 billion. Ironically, cigarette sales increased in 2020 for the first time in 20 years. A trend that doesn't look to continue. Cigarette smoking remains the leading cause in preventable disease and death in the US. .  

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.