Diamonds and Dogs

11/15/21

Plenty of good news for Boeing (BA). After a Airshow in Dubai over the weekend the stock is up 5% after receiving a number of orders from Saudi Arabia's Emirates airline along with orders from DHL Express. Boeing also settles their lawsuit with victim families of the 2019 Ethiopian Airlines 737 MAX crash. Boeing is also optimistic they will start receiving new orders from China before year end.

A spat between Elon Musk and Senator Bernie Sanders has Tesla (TSLA) down 4%. Elon Musk, the world's wealthiest person, directed a series of insults at Bernie Sanders on Twitter after the U.S. senator repeated his call for billionaires to pay more in taxes. Musk, whose $286 billion fortune has made him a target for supporters of a wealth tax, responded: "I keep forgetting that you're still alive." In a subsequent tweet early Sunday, the chief executive officer of Tesla and SpaceX asked: "Want me to sell more stock, Bernie? Just say the word…"

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.