Diamonds and Dogs


Intuit (INTU) reports strong earnings. The financial software firm is up 9% following strong earnings and raised guidance. Sales were helped by $8.1-billion purchase of credit-score tracker Credit Karma. Intuit still has $3 billion of stock purchases to do as per a previously approved plan and approved a hike of 15% in the quarterly dividend and will pay out 68 cents per share in January. Times are good at Intuit.

Oil takes it on the chin. Exxon Mobil (XOM) is down 4% back to a two month low as oil drops below $80 a barrel as a fresh surge in COVID-19 cases in Europe threatened to slow the economic recovery while investors also weighed a potential release of crude reserves by major economies to cool energy prices.

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.