Diamonds and Dogs


We end the year as we started the year worrying about the COVID-19 virus. Pfizer ((PFE) is up 2% leading the S&P 500 higher as British regulators approved the use of Paxlovid, their Covid-19 antiviral pill for people over 18 with mild to moderate illness. Pfizer rose over 60% for the year.

Peloton (PTON) ends the year with a downgrade. One of the biggest beneficiaries from the COVID-19 pandemic, Peloton is down 2% today and down 75% for the year as investors look forward to the reopening of the economy and getting out of the house more. The analyst at JMP downgraded the stock due to concerns that the December quarter is not going well.

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.