Bahamas

Stocks rallied again on Friday as treasury bond yields continued to plunge. The DJIA was up 222 points as Nasdaq rose 184, the S&P 500 was up another 41 points, and the 10-year treasury yield was down .11 to 4.56%. Lodging stocks were higher, led by REITs although the new age companies went along for the ride. […]

The DJIA fell 36 points, Nasdaq was down 120, the S&P 500 fell 25 points and the 10-year treasury yield jumped another .10 to 3.63%. Lodging stocks were mostly lower. SOND was the biggest mover, down -9% while VCSA fell -6%. BofA Securities initiated coverage on Marriott Vacations with a Neutral rating and a $180 price target. The Wall Street Journal published an article on how hotel […]

It was an interesting day with the DJIA up 3 points but Nasdaq down 228. Don’t you love earnings season? The S&P 500 fell 29 points, the 10-year treasury yield was down .09 to 4.02% and lodging stocks were mixed. The biggest mover was MCG, up 9%. Wyndham and Hilton kicked off the lodging earnings season, both with solid reports. WH beat results, which is not […]