Ferrari’s (NYSE:RACE)14-Month Rally “Pauses to Refresh”

Ferrari’s (NYSE:RACE)14-Month Rally “Pauses to Refresh”

Ferrari’s (NYSE:RACE)14-Month Rally “Pauses to Refresh” $RACE. $TSLA, $AMZN, $WMT Shares Ferrari (NYSE:RACE) began a long awaited healthy consolidation of its tire blistering 14 month rally over the past 2 weeks. One analysts actually rates Ferrari a Sell based on the announcement that Tesla (NASDAQ:TSLA) is going to build a $200-K electric sports roadster to compete […]

Amazon (NASDAQ:AMZN) a $1-T Company Within Year

Amazon (NASDAQ:AMZN) a $1-T Company Within Year

Amazon (NASDAQ:AMZN) a $1-T Company Within Year $DIA, $SPY, $QQQ, $VXX, $AMZN Morgan Stanley (NYSE:MS) says it believes online giant  Amazon.com Inc. may reach a 2,000/share price in the next 12 months. “Amazon’s high margin aka revenue disclosure speaks to the $1-T (2,000/share) sum of parts Bull case.” Morgan Stanley reiterated its overweight rating for […]

US Homebuilder Sentiment (NHAB) Rises, as Sales Slow

US Homebuilder Sentiment (NHAB) Rises, as Sales Slow

US Homebuilder Sentiment (NHAB) Rises, as Sales Slow US homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs following hurricanes Harvey and Irma. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose 4 points […]

Dubai Property Market Sentiment Worse Than Last Year

Dubai Property Market Sentiment Worse Than Last Year

Dubai Property Market Sentiment Worse Than Last Year The Core Savills reveals that there were misconceptions about oversupply in the emirate but rents could continue to soften. Only about 33% of people in Dubai believe the Emirate’s property market has shown signs of recovery, indicating worse sentiment than last year, according to a survey by […]

Collectors Spent $327-M on Vintage & Classic Cars this Weekend

Collectors Spent $327-M on Vintage & Classic Cars this Weekend

Collectors Spent $327-M on Vintage & Classic Cars this Weekend $BID High priced car sales come in stronger than experts expected That’s the takeaway after 4 days of vintage and classic car auctions during Monterey Car Week. Across 6 companies, preliminary numbers show sales totaling $327-M at Pebble Beach at the weekend, down 3% from last year […]

Ferrari’s (NYSE:RACE) Shares Trading Over 100 After Hours

Ferrari’s (NYSE:RACE) Shares Trading Over 100 After Hours

Ferrari’s (NYSE:RACE) Shares Trading Over 100 After Hours $RACE YTD Ferrari (NYSE:RACE) has provided the best returns of any car company, as its Ferrari stock price has surged about 70%. Thursday, in regular session trading it marked 100.08/share on the NYSE. After hours RACE is trading at 100.25/share, its all time high. A Key reasons […]

Ferrari (NYSE: RACE) Buyers are Aggressive

Ferrari (NYSE: RACE) Buyers are Aggressive

Ferrari (NYSE: RACE) Buyers are Aggressive $RACE Renaissance Technologies cut its stake in Ferrari (NYSE:RACE) by 3.1% during Q-1 according to its most recent 13F filing with the SEC. The institutional investor owned 387,922 shares of the company’s stock after selling 12,377 shares during the frame. Renaissance Technologies owned about 0.21% of the company worth […]

US Housing Starts +3%, Led by Single-family Homes

US Housing Starts +3%, Led by Single-family Homes

US Housing Starts +3%, Led by Single-family Homes $DIA, $SPY, $QQQ, $VXX US home builders broke ground on new homes at a faster pace in February, signalling developers expect solid sales growth this year despite higher mortgage rates. Housing starts rose 3% last month to a seasonally adjusted annual rate of 1.3-M, the US Commerce […]

“Do Not Be Fooled, There is No Economic Recovery”

“Do Not Be Fooled, There is No Economic Recovery”

“Do Not Be Fooled, There is No Economic Recovery” $GLD Peter Schiff, CEO of Euro Pacific Capital, advises that savvy investors should not be fooled by reports of any economic recovery. And the same investors should continue to buy Gold despite the pullback. “I’m certain that all this talk about a recovery is wrong,” Mr. […]

Dubai: Palm Jebel Ali is a ‘Long-term’ Project

Dubai: Palm Jebel Ali is a ‘Long-term’ Project

Dubai: Palm Jebel Ali is a ‘Long-term’ Project Dubai developer Nakheel is planning to launch new projects in the emirate soon but some older developments remain on hold for the moment, according to its Chairman. The company, which announced last month that it had repaid all its debts following a massive restructuring program, has posted […]

US Demand for Autos Fall in July

US Demand for Autos Fall in July

US Demand for Autos Fall in July $GM, $F, $HMC, $TM, $VLKAY US auto sales drop in July as hot weather and softening demand kept buyers at home. Major automakers have reported July sales that fell short of expectations, which has reinforced worries that the market may have peaked with last year’s record numbers. Kelley Blue […]

Highlights: The Ferrari Club of America International Meet

Highlights: The Ferrari Club of America International Meet

Highlights: The Ferrari Club of America International Meet The Ferrari Club of America held its annual International Meet in Columbus, Ohio, June 18-22, and welcomed a record attendance of vintage Ferraris, including a featured class of exceptional 1964-1968 275 series cars. Ferrari enthusiasts from around the world came together for 4 days of concours, rallies, […]

Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle The monthly ValuStrat Price Index indicates the ‘bottoming-out’ of Dubai residential real estate prices Dubai residential real estate prices may have bottomed out after plateauing in May 2016, according to the property consultancy firm ValuStrat.The company said prices stabilised in April and May after almost 2 years […]

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They With house prices up by double digits in Canada’s Toronto and Vancouver areas, offshore buyers, mainly from China, have fueled public concerns over whether they are inching the Canadians’ home-ownership dream further out of reach. These concerns have been dismissed by local economists, who say […]

Chinese Investment in US Real Estate Tops $300-B

Chinese Investment in US Real Estate Tops $300-B

Chinese Investment in US Real Estate Tops $300-B Chinese investment in the US real estate market has surpassed $300-B and is growing despite China’s economic weakness and increased currency controls, the authors of a new report said Monday. Between Y’s 2010 and 2015 Chinese buyers bought $93-B in residential real estate, nearly $208-B of mortgage-backed […]

China: Asia’s Most Attractive Consumer Market

China: Asia’s Most Attractive Consumer Market

China: Asia’s Most Attractive Consumer Market China was the most promising consumer market in Asia in Y 2015, and will probably remain so in the next 4 years, according to a report released Thursday. “Even as China’s economy slows and its population ages, it appears set to remain the most attractive Asian market for retailers […]

Hampton’s Home Buyers on the “Sidelines”

Hampton’s Home Buyers on the “Sidelines”

Hampton’s Home Buyers on the “Sidelines” Home sales in New York’s Hamptons fell to the lowest marks in 3 years as potential buyers of luxury properties stayed on the sidelines during this past volatile Quarter on Wall Street. Purchases in the 2nd-home market popular with Wall Street bankers and celebrities, totaled 437 in Q-1 of […]

Major Seychelles Developer Eyes UAE Property Investors

Major Seychelles Developer Eyes UAE Property Investors

Major Seychelles Developer Eyes UAE Property Investors Just under 10% of Eden Island investors are from the GCC The island nation of Seychelles remains an attractive destination for property investors from the Gulf Cooperation Council (GCC), especially those from the United Arab Emirates (UAE), according to one of its biggest developers. Located 200 metres from […]