Ferrari’s (NYSE:RACE) Earnings, Profits Running Ahead of ‘Expert’ Estimates $RACE When Ferrari (NYSE:RACE) came to market in October 2016 sector analysts and investors worried the shares were too expensive because they were valued as if it was a luxury goods company, not a car maker. To the naysayers’ dismay Ferrari’s performance on the stock market […]
Ferrari’s (NYSE:RACE) Stock Like its Supercars is ‘Super Sexy’ $RACE Ferrari is a performance machine, and I am not just talking about its Supercars, a look at the financials shows strong performance too. Traditionally, the world’s automakers do not show investors and growth, and because of that get a huge valuation discount and have low margins. […]
President Trump’s Tax Reform Shines Up Small and Mid-Cap’s Earnings $DIA, $SPY, $QQQ, $RUT, $VXX The Trump led corporate tax cut is helping turn the shares of smaller publicly-traded companies in the United States into an unexpected source of stability. The shares of small and mid-cap companies in the Russell 2000 (RUT) index are more […]
Box Office: “Avengers: Infinity War” Dominates Worldwide $DIS, $LGF, $VIA, $TWX Disney (NYSE:DIS) and Marvel’s Avengers: Infinity War continued to dominate the early Summer box office at the weekend, earning $112.5-M domestically from 4,474 theaters to score the 2nd-biggest 2nd frame outing ever as it topped the $1-B mark globally faster than any film in history. Overseas, […]
Ferrari’s (NYSE:RACE) CEO Says GTC4 Lusso Only Car Available $RACE If you are shopping for new Ferraris this year, you have to be lucky and patient. During Ferrari’s earnings call Thursday, CEO Sergio Marchionne said the company’s production is at full capacity for the rest of this year and well into Y 2019. The exception […]
Big Tech’s FAANGs Leading the Market Higher $FB, $AAPL, $AMZN, $NFLX, $GOOG The FAANG stocks have set another record. As earnings season comes to a close, the big technology stocks are making up a bigger piece of the action than ever before. The FAANG block of Facebook Inc.(NASDAQ:FB), Amazon.com Inc.(NASDAQ:AMZN), Apple Inc.(NASDAQ:AAPL), Netflix Inc. (NASDAQ:NFLX) […]
Ferrari (NYSE:RACE) is a High Performance ‘Machine’ $RACE Ferrari, the world’s Top automotive brand, is an iconic performance machine, and not just its Supercars. A look the financial performance shows exceptional performance, too. No car maker in the sluggish, low valation sector has data that apply to Ferrari. The Q-1 data showed strong earnings of […]
Tesla (NASDAQ:TSLA) Market Sours on ‘Darling’ EV Maker $TSLA Tesla Inc’s (NASDAQ:TSLA) Elon Musk’s refusal to answer “boring” Wall Street analysts questions about the EV maker’s financial condition sent shares down as much as 7% Thursday and triggered concerns about its ability to raise money in the future. Tesla’s bonds followed the shares lower and, […]
Ferrari (NYSE:RACE) Beats ‘The Street’, Stock Roars $RACE Ferrari (NYSE:RACE), the iconic Italian manufacturer of high performance cars reported above-consensus Q-1 earnings of 0.96/share on revenue of nearly $1-B, which increased 1.2% Y-Y. Vehicle shipments totaled 2,128 during Q-1, +6.2% Y-Y. Shipment growth was driven by sales of V12 models while sales of V8 models […]
Cryptocurrency Trading Coming to NASDAQ $NDAQ, $BTCUSD Nasdaq Inc. (NASDAQ:NDAQ) declared Wednesday that is is open to launching a cryptocurrency exchange in the future as the regulatory environment evolves, the head of the exchange operator said. The view that cryptocurrencies, such as Bitcoin will be a future way to support commerce is becoming more mainstream, […]
Goldman Sachs’ (NYSE:GS) Beats ‘The Street’ $GS Tuesday, Goldman Sachs Group Inc (NYSE:GS) beat Wall Street’s expectations for Quarterly profit driven by a rise in trading revenue and higher fees from debt and equity underwriting. The leading Wall Street bank’s trading revenue jumped 30% from a year earlier when it reported a 2% fall, hurt […]
Wall Street Banks See US Economy Growing to 4%, Not Collapsing $GS, $MS, $DB, $BAC, $HSBC, $JPM US Economy Continues to Boom under President Trump The International Monetary Fund (IMF) conducts its semi-annual health check of the world economy this week with investors worried that global growth is starting to fade after accelerating the most […]
Wall Street, the Week in Review $DIA, $SPY, $QQQ, $VXX Wall Street had a good week in terms of gainerss, but volume was light, pointing to a lack of conviction among investors who spent the week digesting MSM’s headlines. The tech-heavy NAS Comp led the major indices higher, adding 2.8%, while the S&P 500 and […]
The ‘Trade War’ is Over Before it Started $DIA, $SPY, $QQQ, $VXX The Trump Trade policies look to me like they are working, so… If the trade war is over before it even began, then the US stock market should be set up for another a sigh of relief and a new rally that will […]
Trade War Fears Off, Risk On $DIA, $SPY, $QQQ, $VXX Global stock indexes rose Thursday as investors around the world grew more optimistic that a trade dispute between the US and China will resolve without much damage. In the US financials retailers posted some of the biggest gains. The rally started Wednesday as American and […]
Traders Like Volatility, Investors Like Strong Earnings $DIA, $SPY, $QQQ, $VXX Stock investors are hoping a strong earnings season to restore the optimism that characterized equity markets last year. Traders are happy given the surge in volatility this year Analysts predict strong results results ahead with Q-1 S&P 500 profit growth on track to be […]
Ferrari’s (NYSE:RACE) Challenges This Current Year $RACE Ferrari (NYSE:RACE) has outperformed the S&P 500 since its October 2015 IPO Wednesday, Evercore ISI analyst George Galliers pointed to 6 challenges for the iconic Italian Supercar company this 2018. “2018 will be a challenging year for Ferrari, in our view, the most testing since the company’s IPO,” […]
Key US Econ Data: Inflation Tame, Job Growth Strong $DIA, $SPY, $QQQ, $VXX Even with strong job gains and optimistic small business owners, inflation still at reasonable marks February Consumer Prices, Real Earnings and Small Business Optimism CPI: +0.2%; Over-Year: +2.2%; Less Food and Energy: +0.2%; Over-Year: +1.8%/ Hourly Earnings (Monthly): 0%; Over-Year: +0.4%/ NFIB: […]
Ferrari (NYSE:RACE) the Stock’s Performance $RACE The iconic Italian Supercar maker posted financial results on 1 February 2018, for Q-4 FY 2017, and for FY 2017). The Maranello, Italy-based company’s Quarterly total net revenues and adjusted diluted EPS grew 1% and 3% Y0Y, respectively. This morning, and based on Ferrari most recent new I decided […]
Ferrari (NYSE:RACE) Sees 2X’ing Earnings by 2022 $RACE The iconic Italian Supercar maker Ferrari RACE:RACE) wants to 2X profits to €2-B by Y 2022. The company will focus its production of a hybrid sports car and a FUV to help achieve this goal. Ferrari reported a profitable Y 2017, with earnings before interest, tax, depreciation and […]
PPI Came in ‘Hot’, Traders Shrug it Off, Market Soars $DIA, $SPY, $QQQ, $VXX Thursday, Wall Street marked it 5th session running of gains, led technology stocks as investors shrugged off inflation worries that may have roiled the markets early this month. Traders shrugged off economic data for a 2nd consecutive session that indicated inflation […]
This is Ferrari (NYSE:RACE) The Automotive Aristocrat $RACE The iconic Italian Supercar maker Ferrari (NYSE: RACE) on 1 February said that its adjusted earnings before interest, tax, depreciation, and amortization aka adjusted EBITDA, rose 18% in Y 2017, to EUR 1.04-B, on stronger sales of its most profitable vehicles, the V12’s, and Limited Editions. That result was […]
Insight into the Stock Markets’ ‘Quick’ Correction $DIA, $SPY, $QQQ, $VXX As US stock markets conclude 1 of the worst weeks point-wise in history, below is a list of the Key things to know about the quick 9 day corrective action, as follows: It was driven by technicals, not fundamentals. The ongoing market correction does […]
Ferrari (NYSE:RACE) Acting Strong During Market Correction Mode $RACE The company’s shares are trading off about 8% from their all time highs at 130.63 on 2 February 2018. Ferrari (NYSE:RACE) through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. It operates The Scuderia the famously successful F1 motorsports racing team The […]
Stock Traders in Risk Off Mode, DJIA Finished -4.6% on the Day $DIA, $SPY, $QQQ, $VXX US stock indexes fell the most in 6.5 years, with the DJIA sinking more than 1,100 points, as the equity selloff extended on rising concern that inflation will force interest rates higher. Volatility came back into US equity markets, […]
US Stocks Retreat in Healthy Pullback $DIA, $SPY, $QQQ, $VXX Friday, the DJIA suffered its deepest 1 day decliner in almost 2.5 years as stocks pulled back on profit taking, some disappointing earnings from big caps and concerns about higher interest rates ahead. Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Exxon Mobil (NYSE:XOM), and Chevron (NYSE:CVX) fell following earnings, while Amazon (NASDAQ:AMZN) rallies to a new all-time […]
Ferrari (NYSE:RACE) Beats, Shares Break Out $RACE Ferrari’s 2017 earnings beat expectations. The iconic Italian carmaker said it would 2X earnings by Y 2022. Shares breakout marking 52 week trading highs Ferrari (NYSE:RACE) has been on a Bull run since its October 2015 IPO (initial public offering), and the carmaker expects continue in the fast lane. Thursday, […]
Ferrari’s (NYSE:RACE) Supercars Drive Stock Prices Higher $RACE Ferrari (NYSE:RACE) attributes its big numbers to its big V12 cars, as its GTC4Lusso, the LaFerrari Aperta and the F12tdf as particularly strong performers. Looking ahead, the company confirmed its outlook for unit sales of 9,000, including the V-12 supercars, and net revenues of more than $3.61-B. […]
Ferrari (NYSE:RACE) Earning’s ‘Whisper’ Numbers $RACE Ferrari (NYSE:RACE) is set to report Q-4 and F-Y 2017 results on 1 February. Notably, in Q-3 Y 2017, the company delivered a positive surprise of 20.8%. The Maranello out has surpassed analysts estimates in each of the trailing 4 Quarters, with an average beat of 27.6%. Over the […]
World’s Financial Markets ‘Bloated’ with Liquidity $DIA, $GLD, $SLV As far as the market trends I usually follow went last week, nothing new in the broad stock or precious metals markets, more of the same old stuff. The Dow Jones (DJIA) made another new all-time high Wednesday, the 95th since the November 2016 election. But besides […]
The Numbers That Support The Trump Stock Rally $SPY, $AMZN, $FB, $GOOGL, $MSFT Pundits and talking heads are suggesting worries of a ‘Blow Off” Top to the record-high stock market because equities are overpriced. But a close look finds that the market’s current value is not extreme. After a series of record-breaking closes for US stocks […]
Automotive Aristocrat Ferrari (NYSE:RACE) on Par with Apple, LVMH, Gucci $RACE, $LVMUY, $PPRUY, $AAPL Ferrari has a current stock-market value of about $21.4-B, and an enterprise value of about 18.5X its expected Y 2018 earnings before interest, taxes, depreciation and amortization, based on the data compiled. The iconic Italian carmaker posted over 30% adjusted EBITDA […]
Big Banks See Trump Tax Reform Benefits, Will Pass Them on to Employees and Stakeholders $JPM, $WFC, $BAC, $C, $GS JPMorgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. The comments came as the […]
The Trump Bull Market Rally ‘Rages’ $DIA, $SPY, $QQQ, $VXX Wall Street continued The Trump Rally Friday with record closing highs as Q-4 earnings season kicked off with solid results from banks and strong retail sales drove investor optimism about US economic growth. The S&P 500 is enjoying its best 10-day start to a year […]
Analysts on Boeing (NYSE:BA): ‘Strong Buy’ $BA Rising demand for jet aircraft sales drove Boeing Co.’s (NYSE:BA) stock to the top of the DJIA in Y 2017, and record cash flow to fuel projects, sustain dividends and buy back shares could give it another strong year, analysts say. The resurgence in jet aircraft sales has […]
Trump Rally Extends, Wall Street Marks New Record Highs $DIA, $SPY, $QQQ, $VXX The Trump Rally extends into the New Year for a 6th straight session Economically, if there ever was an “insane” President it was Barack Hussein Obama, HeffX-LTN Industry Watch List Strong: Financials, Healthcare, Industrials Weak: Energy, Technology, Consumer Staples, Utilities, Telecom Services, Real Estate […]
The US Stock Market is ‘Melting Up’ $DIA, $SPY, $QQQ US stocks rose for a 5th day running, with technology shares bolstering major indexes, as the market’s investors continue to price in the impact of tax cuts before corporate earnings season begins later this week. The S&P 500 Index rose 0.2% to a record 2,747.43 as of […]
President Trump is ‘Crazy Like a Fox’, Investors Not Afraid $DIA, $SPY, $QQQ, $VXX US stocks rose for a 5th day running, with technology shares bolstering major indexes, as investors continue to price in the impact of tax cuts before corporate earnings season begins later this week. The S&P 500 Index rose 0.2% to a […]
The Trump Rally Extends, Stocks Marked Record Highs Each Day This Week $DIA, $SPY, $QQQ, $VXX Stocks extend New Year rally for 4th session running. Friday, President Donald Trump pointed out that the DJIA has risen to all-time record highs on his “Make America Great Again” agenda. At the close Friday, the DJIA rose to , […]
Strong Earnings Growth to Drive S&P 500 in 2018 $SPY Wall Street’s analysts are calling for S&P 500 earnings to climb 12.3% in Y 2018, on top of 10.9% earnings growth expected for Y 2017. The energy industry is benefiting from lofty crude oil prices, while other companies are profiting from the continued slide in […]
US Stocks Morning Briefing $DIA, $SPY, $QQQ US stocks rose on the 1st trading day of this New Year US equities began Y 2018 on a positive note, boosted by a sense of optimism for this New Year. The major stock indices mostly reclaimed the losses registered ahead of the extended New Year’s weekend, with […]
American Companies Counting Benefits from President Trump’s Tax Cuts $WFC, $GS, $AAPL, $GOOGL US Craft breweries are raising a glass to the Republicans’ new tax overhaul: It cuts the excise tax on beer. US Retailers, long saddled with heavy tax bills, will get relief. So will some high-profile names in corporate finance, led by Wells […]
President Trump’s Tax Reform to Drive Stock Market Higher $DIA, $SPY, $QQQ, $VXX The biggest reform of the US tax system in more than 30 years won final approval by lawmakers Wednesday, we expect it to drive a continuing rally in technology issues that has driven Wall Street to record highs this year. The Trump […]
Ferrari (NYSE:RACE) Stock in Your ‘Christmas Stocking’ $RACE Ferrari (NYSE:RACE) stock outperformed the world’s auto giants and the broader market in Y 2016 with a return of 21%. Similarly, so far in Y 2017, the stock has had a Supercar ride. Despite its recent weakness, Ferrari was trading at 83.4% YTD gains as of 12 December. Tesla (NASDAQ:TSLA) has risen […]
Ferrari (NYSE:RACE) the One Automaker to Buy $RACE So let’s talk about Ferrari (NYSE:RACE) the one automaker the leads the entire automotive sector by ‘miles’ Ferrari celebrated its 70th Anni in Y 2017, and looks poised for record growth in the coming years. The Big Q: Why Ferrari is racing ahead of all rivals? Ferrari’s cars are […]
We Are Seeing Wall Street Rally Under President Trump $SPY Wall Street analysts are predicting another up year for the S&P 500 Index (SPY) It is worth taking notice what would be accomplished if that prediction happens. At 2,800, the average estimate of 9 strategists tracked points not only to another year of all-time highs, […]
Stocks World Wide at Record Highs $DIA, $SPY, $QQQ, $VXX. $DAX The Trump Bull Market Rally is Up and Running Major world stock markets rallied and government bond yields fell Tuesday as strong corporate profits, steady global growth and low inflation provide few alternatives for investors outside of stocks. Equity markets from Asia to Europe […]
US Businesses Thriving Despite the Noisy Political News $SPY Washington’s politicians like to take credit for creating jobs. Washington’s macroeconomic policymakers like to claim that their policies have moderated the business cycle. Notably the US economy performs despite Washington actions. In the US economy, competitive and entrepreneurial, profitable businesses create jobs. Profitable businesses have the […]
Ferrari’s (NYSE:RACE) Astounding Chart Review + $RACE Ferrari reported record Q-3 earnings. Pricing and Margins remain Very Strong. The public backlash to Ferrari’s latest F1 quitting threat was obvious. The Big Q: Can F1’s bosses risk calling the famous Italian manufacturer’s bluff this time? The Big A: See my Note below. Ferrari (NYSE:RACE) has been […]
Tesla’s (NASDAQ:TSLA) Elon Musk Camping Out in “Production Hell” $TSLA Each time Tesla’s (NASDAQ:TSLA) Elon Musk opens his mouth or sends a shareholder letter it proves that he is a hypmeister for his failing rentier companies. Last Wednesday, when Mr. Musk took questions from Wall Street analysts during Tesla’s grim Q-3 financial results conference call […]
NFL Attendance and Viewership Continues to Slide $CBS, $FOX, $DIS, $CMCSA Player protests and concussions have driven away fans. Television networks are running out of excuses for the falling popularity of the National Football League (NFL). They blamed the Election for ratings declines last year, and hurricanes for a soft week 1 in September. Protests […]
Ferrari (NYSE:RACE) Profit Jumps 17% in Q-3 $RACE Ferrari (NYSE:RACE) saw a 3.4% increase in vehicle shipments from the same frame in Y 2017 driven by a 27% increase in sales of V-12-powered Supercars. The 4-seat GTC4Lusso drove much of the jump in 12-cylinder sales, helped by deliveries of the limited-run LaFerrari Aperta Supercar. The […]
Ferrari (NYSE:RACE) Trading at 52 Wk Highs Ahead of Earnings Call $RACE Ferrari (NYSE:RACE) is set to report Q-3 Y 2017 earnings before the opens on 2 November. Last Quarter, the company delivered a positive earnings of 19.7%. It also surpassed estimates in each of the trailing 4 Quarters, with an average beat of 27.9%. The […]
Ferrari (NYSE:RACE) Stock Taps at All-time Highs $RACE Ferrari (NYSE:RACE), the Italian luxury Supercar maker, will report Q-3 Y 2017 earnings on 2 November. Ferrari was spun-off from auto giant Fiat Chrysler (NYSE:FCAU) in late October 2015 with an oversubscribed IPO (initial public offering). As of 30 October, Ferrari stock has risen 5.6% MTD Vs […]
Ferrari (NYSE:RACE) Q-3 Earnings Call on 2 November $RACE Wednesday, shares in Maranello, Italy HQ’d Ferrari (NYSE:RACE) finished at 115.32 in New York. The stock recorded a trading volume of 528,216 shares. The Company’s shares have gained over 4% MTD, 9% over the prior Q, and 98% YTD. Ferrari is trading 1.41% and 31.02% above its 50-Day and […]
The Trump Rally Extends Marking Another Record Close $DIA, $SPY, $QQQ, $VXX Investors bought the Dip DJIA outperforms Super earnings reports from Caterpillar (NYSE:CAT) and 3M (NYSE:MMM) The market’s rally to record highs since last year’s US Presidential election has the feeling of being risk-free, as the S&P 500 established a record of 243 trading […]
US Stock Indexes “Pause to Refresh” After Record Runs $DIA, $SPY, $QQQ, $VXX US stocks paused to refresh Monday as each of the major Wall Street indexes retreated from record highs General Electric (NYSE:GE) down 6.3%, saw its biggest 1-day percentage decliner in more than 6 years after a host of brokerages cut their price […]
Financials, Tech Led US Market to Record Highs, Again $DIA, $SPY, $QQQ, $VXX Senate takes another step toward tax reform by passing budget blueprint Top-weighted financials and technology sectors show relative strength Technology and Financial stocks lifted Wall Street Friday, as investor optimism received a fresh boost from Washington, where The Trump Administration stepped closer […]
DJIA Marks 23,000 Intra-day as The Trump Rally Extends $DIA, $SPY, $QQQ, $VXX The Dow Jones Industrial Average (DJIA) broke above the 23,000 mark intra-day for the 1st time Tuesday, driven by strong earnings from UnitedHealth (NYSE:UHC) and Johnson & Johnson (NYSE:JNJ), finishing the session just below that milestone mark. The index, which surpassed similar […]
Analysts’ Recommend ‘Buy’ Ferrari (NYSE:RACE) Stock in October $RACE, $FCAU, $F, $GM Ferrari, N.V. is moving beyond most analysts’s targets in Y 2017. In Y 2016, Ferrari (NYSE:RACE)) outperformed legacy automakers and the broader market (NYSEArca:SPY)) on Wall Street with 21.1% returns. YTD 2017 has also been a strong year for the iconic Italian Supercarmaker. As of […]
Sentiment Indicators are Very Bullishness $DIA, $SPY, $QQQ, $VXX The recent economic reports have been overall positive, and better than expected. Many of those reports were sentiment oriented, reflecting optimism about the future of the economy. Markets responded to the notion of tax reform, with US stock markets providing a steady stream of all time […]
The Trump Rally Extends, Autos, Airlines Advance $DIA, $SPY, $QQQ, $VXX US economy growing under US President Trump’s developing economic policies. The major US stock indexes posted record high closes Tuesday, helped by gains in airlines and as carmakers rose after strong September vehicle sales. Major automakers posted higher US new vehicle sales in September […]
No Bear Market or Recession Seen Until at Least 2019 $DIA, $SPY, $QQQ, $VXX Savvy investors are being urges to ignore any pundits’ Doom-and-Gloom predictions, as the indicators say, “clear sailing for the next year or so”. “My belief is that we’re not going to see a bear market or a recession until at least […]
Dow Jones Industrial Average Marks Another Record High $DIA, $SPY, $QQQ, $VXX The Trump Effect is preventing a US stock market crash Robert Shiller is warning investors that just 1 aspect is keeping today’s high-flying stock market from crashing like it did in Y 1929. The Yale University economics professor explained that there’s one vital […]
Key Stock Market Indicators are Still Bullish $DIA, $SPY, $QQQ, $VXX The last 3 weeks this Bull market has be consolidating and base building for the next leg North extending The Trump Rally. Last week at appeared that The Bull turned got a bit anxious as Irma threatened Florida after Harvey swamped the Texas Gulf […]
Lockheed Martin (NYSE: LMT) The Big War Winner Lockheed Martin (NYSE: LMT) received a $900 million contract from the U.S. Air Force to develop and mature technologies for the Long Range Stand Off (LRSO) missile program. Terms of the Technical Maturation and Risk Reduction (TMRR) contract were not disclosed. The TMRR phase of the program […]
The DJIA Has Been Moving from 1 New All-time High to Another $DIA, $GLD, $VXX The last article I sent out was on the weekend of July 15, and since then the DJIA has seen 10 new all-time highs. In fact, since July 11 the Dow Jones Industrial Average has increased from 21,409.07 to 22,092.81 […]
The S&P 500 & DJIA Hit Record Highs, Then Faded a Bit $DIA, $SPY, $QQQ, $VXX Tuesday, the DJIA and the S&P posted small losses after posting new records as support from technology stocks offset weakness in the healthcare and materials sectors. Apple (NASDAQ:AAPL) pared gains after rising as much as 1.91% to an all-time […]
Gains in Big Tech Driving Stock Indexes to Record Highs $QQQ Gainers in big technology companies helped lift the market higher Monday once again into record territory. The Standard & Poor’s 500 index closed at an all-time high, as did the DJIA. The latest gain extended the Dow’s winning streak to 10 days running. Traders […]
The Trump Rally Extends, DJIA, SP 500 at Record Highs $DIA, $SPY, $QQQ, $VXX US stocks finished higher Monday, with the DJIA closing at a record high, after marking another all-time high at the open. The rise in the DJIA also put the blue-chip index on track to close higher for the 10th day running, […]
Procter & Gamble Co. PG, +0.68% shares rose less than 1% in premarket on Thursday after the company reported fourth-quarter earnings that were above Wall Street expectations. Net income for the quarter came in at $2.22 billion, or 82 cents per share, compared to $1.95 billion, or 69 cents per share during the year earlier period. Adjusted earnings […]
Tesla (NASDAQ:TSLA) Earnings Will Continue Negative $TSLA In Q-2 of Y 2017, analysts expect the negative trend in Tesla’s (NASDAQ:TSLA) earnings to continue. According to estimates, the company’s non-GAAP EPS for the Quarter will be -1.76, very much worse than TSLA’s reported EPS of -1.06 in the same frame in Y 2016. Tesla also released […]
Shares of Fortescue Metals Group Ltd (FMG.AX) is moving on volatility today 5.90% or $0.32 rom the open. The ASX listed company saw a recent bid of $5.74 on 35180000 volume. Investors may be looking for the next positive catalyst to create a solid breakout. Some may be wondering when the party will end, and it remains to be seen if excess […]
The Australian company shipped 44.7 million tonnes of iron ore in the June quarter, a 13% increase from the March quarter and a 3% rise from the same time last year. The company shipped 170.4 million tonnes in the 2017 fiscal year and is aiming to maintain shipments around the same level in 2018. Cash […]
Altria, the largest tobacco company in the US, reported a 20 per cent increase in net earnings on Wednesday as growth in its smokeless products continued to take off while higher Marlboro cigarette prices also padded profits. Net income rose to $1.99bn, or $1.03 per share, compared to $1.65bn, or 84 cents per share in […]
FactSet Research Systems Inc. FDS reported mixed results for third-quarter fiscal 2017. Adjusted earnings came ahead of the Zacks Consensus Estimate, while revenues missed the same. The company reported adjusted earnings per share of $1.85, which surpassed the Zacks Consensus Estimate by a penny. The figure was toward the higher end of the guided range of […]
ConocoPhillips, like other exploration and production companies, has been struggling due to the weakness in oil prices. So far, the company has reported seven quarterly losses in a row, though the losses have gradually narrowed owing to the improvement in energy prices and the company’s cost-cutting efforts. In 1Q17, for instance, ConocoPhillips reported adjusted quarterly loss of […]
Morningstar, Inc. reported net income of $46.1 million, or $1.07 per diluted share, compared with $31.8 million, or 73 cents per diluted share, in the second quarter of 2016. Net income for the quarter includes a noncash after-tax gain of $18.0 million, or 42 cents per share, in connection with the company’s previously announced sale of HelloWallet, an online financial wellness business. Revenue for […]
Trump told the paper the issue was still on the table, and reiterated his view that dumping is “a very unfair situation.” But he said a final decision may have to wait until other stalled initiatives, including health-care reform and tax reform and even infrastructure, are completed. The comments sent other steel stocks into a […]
Ferrari (NYSE:RACE) Outperforms All Car-makers YTD $RACE, $FCAU, $F, $GM Ferrari (NYSE:RACE), the Italian luxury Supercar maker reports Q-2 Y 2017 earnings on 2 August Recall that the iconic sports car maker was spun off from Italian-American automaker Fiat Chrysler (NYSE:FCAU) on 20 October 2015 with an oversubscribed IPO (initial public offering). As of 26 […]
When it comes to earnings season, the Telstra Corporation Ltd (ASX: TLS) full-year result is arguably one of the most eagerly anticipated each year. With the Telstra share price down 29% since this time last year, a strong result could be just what its shares need to get them heading in the right direction again. The telecommunications giant currently […]
Facebook is set to unveil earnings on Wednesday, July 26th, top pick for S&P Global portfolio manager Erin Gibbs. The company has a strong history of surpassing analysts’ earnings estimates. Valuation has come down to reasonable levels, at 32 x (times) forward earnings, given the lowered growth estimate for the next 12 months. The estimate for […]
US Stock Market Ignores Left Media’s “Hoax” Story $DIA, $SPY, $QQQ Saturday, US President Donald Trump announced via Twitter that the stock market is at an all time high “despite the Russian hoax story” and that job numbers are looking good. His comment came after a Dow Jones story Saturday that noted Wall Street analysts’ […]
Ferrari (NYSE:RACE) Stock Outperforms in FY 2017 $RACE, $F, $GM, $FCAU In Y 2016, Ferrari (NYSE:RACE) outperformed legacy automakers and the broader market with 21.1% returns. YTD it has also been terrific for the Italian luxury Supercar maker too. As of 14 July, Ferrari stock has delivered over 60% YTD positive returns. On a YTD […]
Ferrari (NYSE:RACE) Shares Gained 19% Over the Past Month or So $RACE A strong increase in Q-1 profits and a good month of F1 racing drove Ferrari’s stock higher in and the 1st 2 days in June. Shares of Supercar and HyperSupercar maker Ferrari N.V. (NYSE:RACE) are rallying and racing higher, finishing Friday at 90.59. […]
Ferrari (NYSE:RACE) Outperforming Tesla (NASDAQ:TSLA) $RACE, $TSLA, $F, $GM Ferrari (NYSE:RACE) has outperformed Tesla, the hyper growth company, since it went public in October 2015. Ferrari, celebrating it’s 70 anni this year, has returned 64% while Tesla has returned 46% during that time frame despite the fact Tesla’s revenue growth is expected to average 10X […]
Lockheed Martin Corporation (NYSE:LMT) the Big War Winner Today the United States and the Kingdom of Saudi Arabia (KSA) took major steps to enhance global security and stimulate economic progress in the United States and the Middle East. KSA has expressed its intent to procure more than $28 billion worth of Lockheed Martin integrated air […]
Expecting Ferrari (NYSE:RACE) to Beat Revenue & Earnings Guidance $RACE Shares of Supercar manufacturer, premier F1 racer and purveyor of luxury goods, Ferrari (NYSE:RACE) have been driving higher ever since late June of Y 2016. The stock is up about 100% since its June 2016 low of 38.71, and I believe it has more room to […]
Commentary: Paul Ebeling on S&P 500 Earnings $SPY Last week was busy for participants; there was lots of earnings and economic data to digest. The books closed on the month of April as stocks marked + 1.0 to 2.5% depending on which of indexes was your focus. For much of April the market continued to […]
S&P Global (NYSE:SPGI) Outperforms Revenue Increased 8%, Reflects 2016 Divestitures and Acquisitions Organic Revenue Increased 18% Diluted EPS Increased 39% to $1.53 Adjusted Diluted EPS Increased 35% to $1.62 Operating Profit Margin Increased 640 Basis Points to 45% Adjusted Operating Profit Margin Increased 630 Basis Points to 47% S&P Global (NYSE: SPGI) today reported first […]
War is Good Business at Lockheed Martin Corporation (NYSE:LMT) – Net sales of $11.1 billion – Net earnings from continuing operations of $763 million, or $2.61 per share – Generated cash from operations of $1.7 billion – Returned $1.0 billion to stockholders, inclusive of $500 million in share repurchases The Corporation’s cash deployment activities in […]
Wall Street “Ready” for Busiest Earnings Week in Years $SPY, $XOM, $GOOGL, $AMZN, $MSFT Corporate America is set to kick off its biggest profit-reporting season in at least 10 years this week, with more than 190 members of the S&P 500 index delivering Quarterly reports, according to S&P Dow Jones Indices data. The lineup accounts […]
Monday, Ferrari (NYSE:RACE) Stock to Trade Ex-Dividend Monday $RACE, $SPX, $SPY Ferrari (NYSE:RACE) will begin trading ex-dividend on Monday, 24 April . To qualify for a dividend check, investors must have owned Ferrari shares prior this Monday, which is the last day the company’s management will finalize its roster of shareholders to whom it will […]
President Trump’s ‘Make America Great Again’ Economic Growth Potential $DIA, $SPY, $QQQ, $VXX The Big Q: Has been a decline in the potential growth of the economy that may defy both the animal spirits unleashed by Donald Trump’s election as well as his “Make America Great Again” aka MAGA, fiscal policies, assuming they get fully […]
The 1st Quarter was Good for Stocks $DIA, $SPY, $QQQ, $VXX Q-1 of this year good for stocks as the S&P 500 climbed just over 5.5% during the frame. Mapping the move of the S&P 500 and the other major stock market indices over the last Q, we see that March was a different month […]
The World’s #1 Luxury Purchase: Ferrari (NYSE:RACE) $RACE A Ferrari (NYSE:RACE) car is a luxury purchase, they are expensive, exclusive, and there is a waiting lists to get a new one, and on the Special Edition cars Ferrari has conditions for purchase, it governs the demand. The iconic Italian super and hypersuper carmaker keeps its Prancing […]
They Call it “Monetary Policy” $DIA, $SPY, $GLD, $SLV The Dow Jones made its last all-time high on March 1st, and since then its valuation has been slowly deflating. It closed this week only nine Dow Points away from breaking below its BEV -2.50% line in the chart below. After the amazing 32 new daily […]
Trump Stimulus Expectations Driving US and World Economies $DIA, $SPY, $QQQ, $VXX The world economy will grow steadily over the next 2 years, meaning investors should stay invested in equities, according to Barclays Capital Plc. Barclay’s analysts presented several major themes for the next 2 years Thursday, they are: President Donald Trump and Republicans in […]
Contrarians See Trump Calmed S&P 500 VIX as Sell Signal $SPY, $VXX American investors are projecting that The Trump Administration will be the catalyst to boost corporate earnings going forward. They are betting that they are right. “Given the intensity of the political ferment in our country, the Zen-like calm of stock market investors is […]
Ferrari (NYSE:RACE) LTN’s Large Cap Stocks of the Day $RACE Ferrari N.V. (NYSE:RACE), from the Consumer Goods (Luxury) sector had a price of 66.58 Monday, or + 1.29%. The company is predicting an EPS (earnings per share) growth of 0.29% in the coming year. The EPS growth over the next 5 years will be. Ferrari […]