Diamonds and Dogs
New Yorkers get ready to gamble. DraftKings (DKNG) is up 3% ahead of tomorrow's NY mobile and online sports betting launch. DraftKings will now be in 18 states and have access to millions of New Yorkers who couldn't cross the state line to make bets.
Starbucks (SBUX) struggles to find enough employees while keeping the current employees happy. Starbucks is down 2% on a downgrade as the company has temporarily closed or limited hours for a number of stores due to a lack of workers while unionized workers in New York have walked out due to safety concerns due in part to exposure to COVID-19.
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.