Diamonds and Dogs
September starts off with a bang. As we enjoy the Labor Day weekend and with labor the main concern of business leaders and politicians as they sit on the beach, stocks have been strong so far. Friday saw the fourth consecutive day of gains for the Dow, which is surprising considering the past historical performance of the months of September. While we are still almost 7% lower than the 2010 high from April, stocks are moving just enough to keep us interested, and we expect the trend to continue higher as we wind our way through the final month of the third quarter. Enjoy the last vestiges of summer and don't be afraid to buy a tech stock or two in the coming days.
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.