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Leigh Baldwin & Co.

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Diamonds and Dogs

So which way is it?

So which is it?

Yesterday the lead article in the journal addressed the up-coming rate increases in health insurance premiums as a direct result of Obamacare. Later that afternoon, before a crowd of admirers in Parma, Ohio, President spoke of the need to pass Obamacare in order to keep premiums from rising. So I guess it is a matter of which is it? Double digit increases or lower costs? This type of uncertainty hangs on the stock market and is part of the reason we have no traction. Adobe Systems (ADBE) rallied today as they appear to be making peace with Apple, reducing some restrictions and ADBE rose 12%. Stocks on the whole finished in the green during a choppy session with low holiday volume.
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.