Diamonds and Dogs


Intuit (INTU) higher on earnings. The provider of tax, accounting and other financial software is up 4% after posting better-than-expected results for the quarter. Management is confident in their long-term business strategy to power prosperity as their software becomes mission critical for businesses.

Two retailers getting hit by slow down in consumer spending. Petco (WOOF) is down 7% on earnings as consumers delay purchases of toys, leashes and other pet supplies due to inflation. Advance Auto Parts (AAP) is down 9% as do-it-yourself consumer is delaying repairs to their cars due to inflation crimping family budgets.  

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.