Noble Investment Group

The DJIA rose 135 points while Nasdaq was up 79, the S&P 500 rose 23 points and the 10-year treasury yield plunged .14 to 4.66%, possibly a flight to safety amidst the Middle East turmoil. Lodging stocks were higher. AHT was the biggest winner, up 7% but H rose 6% and BHR was up 5% on the day. Hyatt Hotels stock jumped in after-hours last night and trading […]

The DJIA rose 367 points while Nasdaq was up 109, the S&P 500 rose 32 points and the 10-year treasury yield was down .01 to 3.79%. Lodging stocks were mostly higher. Both MAR and IHG traded up to new 52-week highs. The Baird/STR Hotel Stock Index was up 6.2% in June on a month-to-month (May) basis. The Hotel Brand sub-index jumped 7.4% from May […]

The DJIA fell 140 points but Nasdaq was up 63, the S&P 500 managed a 1 point gain and the 10 year treasury yield was up .03 to 3.72%. Lodging stocks were mostly lower. SOND was the biggest loser, down another -10% whole SLNA traded down to a new all time low, down -6% on the day. Sonder Holdings was cut to Perform from […]

The DJIA ended Friday down 109 points while Nasdaq was down 31, the S&P 500fell 6 points and the 10-year treasury yield was up .04 to 3.69%. Lodging stocks were modestly lower. SOND was down -14% after rising in the past week on heavy insider buying. SLNA traded down -8% to another all-time low. STR reported US RevPAR for the week ended May 13 […]

The DJIA fell 344 points while Nasdaq was down 238, the S&P 500 fell 65 points, and the 10-year treasury yield was down 0.12 to 3.4%. The Dow Jones Hotel & Lodging REITS Index was down 2.3%.  Noble Investment Group announced the acquisition of the Hampton Inn & Suites Charlottesville – At The University, located adjacent to the University of Virginia and the UVA Medical […]

The DJIA  fell 11 points, Nasdaq was down 4, the S&P 500 was up 4 points and the 10-year treasury yield was down .02 to 3.57% It was a truly mixed market but lodging stocks were more on the plus than minus side today. The biggest mover was SHCO, up 11% but AINC was down -7% to a new low. VCSA traded down […]

The DJIA fell 697 points, Nasdaq was down 295, the S&P 500 was down 82 and the 10-year treasury yield may soon see 4%, up another .13 to 3.96%. Lodging stocks were lower. There was only one mover of note, SLNA with a -6% drop getting near an all-time low today, but there was a sea of red on the screen today. DiamondRock Hospitality reported […]

The DJIA rose 269 points while Nasdaq was up 189, the S&P 500 rose 50 points and the 10 year treasury yield was down .07 to 3.55%. Lodging stocks were higher led by AHT, up another 10%. ABNB and PLYA were both up 7% on the day while VCSA was up 6% and HST rose 5%. Truist gave their 2023 lodging preview, saying […]

Let’s go backwards to give you an overview of today’s market. The 10-year treasury yield plunged 0.32 to 3.83%. That is a nearly 8% drop in the yield on a modestly better CPI report. Back to the regularly scheduled program, the DJIA surged 1,201 points, Nasdaq was up 761, and the S&P 500 rose 208 points. People will look at this and wonder […]

The DJIA rose 323 points while Nasdaq jumped 208, the S&P 500 rose 59 points, and the 10-year Treasury yield took a breather, down .08 to 3.03%. Lodging stocks were higher. The biggest movers of the day included AHT with a 9% rise, VCSA was up 6% and SOHO resumed its rally, up 5%. Inflation, energy prices, supply chain challenges, labor shortages, and […]