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Braintree Group

North America

Upbeat Mood and News Frenzy at ALIS

The DJIA rose 104 points but Nasdaq was down 30, the S&P 500 was down 3 points and the 10-year treasury yield was down .06 to 3.47%. Lodging stocks were mixed. SOHO was the big gainer, up 26% as they announced they were starting to pay preferred dividends again. SOND was up 9% but MCG fell -14%. Truist said they are finding the sentiment at […]

January 24th, 2023

North America

Truist Takeaways: Optimistic Yet Still Uncertain

The DJIA rose 528 points while Nasdaq was up 139, the S&P 500 was up 56 points and the 10 year treasury yield was up .04 to 3.61%. Lodging stocks were higher. The big mover was BHR, up 5%. VCSA traded down to another new low. Truist reported on takeaways from their Lodging/Leisure conference they had last week. Truist said management tones remained relatively positive but […]

December 12th, 2022

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