Diamonds and Dogs

11/24/21

Old school tech looks good today. HP Inc (HPQ) and Dell (DELL) are up 10% and 4% respectively following earnings as demand for PCs remains strong.

Retail taking it on the chin once again. Nordstrom (JWN) is down 29% while Gap (GPS) is down 23%. Both companies missed estimates and received downgrades blaming inventory and supply chain issues for the disappointing fundamentals.

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