Diamonds and Dogs


No supply chain issues at Apple. Apple (AAPL) is up 6% lifting all the major averages following strong earnings. Revenue rose 11% to $123.95 billion. Iphone sales were $71.6 billion or 57% of sales. Gross margins rose as Apple's cash position rose 2% to $195 billion. Not bad.

Profit-taking on Chevron (CVX). The oil giant fell 3% after missing earnings estimates. Revenue rose 91% to $48.22 billion. Chevron did raise thier dividend 5.9% The price of oil closed higher for a sixth straight week, now  just 10% from a $100 a barrel.

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.