Diamonds and Dogs


The big banks pass the stress test. Wells Fargo (WFC) is leading the big banks up 7% after passing the Fed's annual 'stress test.'  The Federal Reserve said that all of the nation's largest banks could weather a severe shock to the U.S. economy in an assessment that will allow them to boost shareholder returns over the coming year.

Defensive stocks pulling back. Verizon (VZ) is down 2% while UnitedHealth Group (UNH) is down a percent. No news for either stock, but with a risk on trade working, the defensive stocks are taking a back seat.


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.