Inflation is Back, Meaning Growth is Back

Inflation is Back, Meaning Growth is Back

Inflation is Back, Meaning Growth is Back $DIA, $SPY, $QQQ, $VXX Underlying US consumer prices increased in October on the back of a pickup in rents and healthcare costs, bolstering the view that a recent dis-inflationary trend worrying the Fed probably had ended. The rise in the consumer price index, excluding the volatile food and […]

Ferrari (NYSE:RACE) Minting Money for Stakeholders

Ferrari (NYSE:RACE) Minting Money for Stakeholders

Ferrari (NYSE:RACE) Minting Money for Stakeholders $RACE Ever since its IPO spin off from giant automaker Fiat-Chrysler (NYSE:FCAU) in October 2015, Ferrari (NYSE:RACE) has printed money for its stakeholders. The company set sales records in Y 2016 and continues to exceed expectations. According to the data Ferrari’s Q-3 earnings for Y 2017 are up 13% to $310-M. […]

Tesla (NASDAQ:TSLA) Tax Credit Axed in GOP Tax Bill, Stock Crashes

Tesla (NASDAQ:TSLA) Tax Credit Axed in GOP Tax Bill, Stock Crashes

Tesla (NASDAQ:TSLA) Tax Credit Axed in GOP Tax Bill, Stock Crashes $TSLA Thursday, Tesla Inc. (NASDAQ:TSLA), and other carmakers pushing to boost US EV (electric car) sales were dealt a sever blow by US House Republicans who proposed eliminating a $7,500 per vehicle tax credit that has helped drive current  demand for the micro segment […]

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 […]

NFL Ticket Sales Diving on Player’s “taking a knee” Protest

NFL Ticket Sales Diving on Player’s “taking a knee” Protest

NFL Ticket Sales Diving on Player’s “taking a knee” Protest $MCD, $PEP, $V, $BUD, $MSFT NFL ticket sales are falling at this weekend, as controversy over football players kneeling during the national anthem continues, according to 2 of the country’s largest ticket marketplaces. Sales at TicketCity have plunged by 31%,while TickPick noted sales are down […]

Steelers Villanueva, the Lone Anthem Stander, Jersey Sales Soar

Steelers Villanueva, the Lone Anthem Stander, Jersey Sales Soar

Steelers Villanueva, the Lone Anthem Stander, Jersey Sales Soar Alejandro Villanueva’s #78 Pittsburgh Steelers jersey sales have risen to the Top in the last 24 hrs since he became the only Steelers player to stand for the national anthem before Sunday’s game Vs the Chicago Bears. The Steelers made a team decision to remain in the […]

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening

Gold Price Pressured by Notions of Fed, ECB Tightening $GLD, $SLV Gold fell Friday after a European Central Bank official called for scaling back the bank’s stimulus program, although losses were capped when weaker than expected US economic data raised some questions about further rate hikes. ECB board member Sabine Lautenschlaeger made the most explicit […]

Dubawi Builds his Legacy

Dubawi Builds his Legacy

Record-breaking Champion and four-time G1 winner Postponed will join his outstanding sire Dubawi at Dalham Hall Stud next season. Rated 130 when crowned Timeform’s Champion older horse in 2016, he will stand for £20,000 Oct 1st special live foal. An outstanding middle-distance performer for his owner Sheikh Mohammed Obaid, Postponed earned his highest rating when […]

Keeneland September Sale Will Set Records

Keeneland September Sale Will Set Records

Keeneland September Sale Will Set Records The thoroughbred breeding industry around the world is booming and Keeneland will set brand new records this year. If you are intereseted in investing in the Thoroughbred industry now is the time, Contact us or complete the form at the bottom of this article. Keeneland announced the expansion of […]

Ferrari (NYSE:RACE) Beats, Finishes at All-time Highs

Ferrari (NYSE:RACE) Beats, Finishes at All-time Highs

Ferrari (NYSE:RACE) Beats, Finishes at All-time Highs $RACE On 11 July 2017 I wrote that Ferrari (NYSE:RACE) is the New Aristocrat stock and a core position for managed money and savvy investors, today’s earnings and guidance proves that point. Ferrari profit rose 29% in Q-2 to about $300-M, and margins rose on it V12 vehicle sales […]

What California’s Real Estate Slowdown Means For Home Prices

What California’s Real Estate Slowdown Means For Home Prices

What California’s Real Estate Slowdown Means For Home Prices 6 months of slipping sales suggest a economic slowdown in California, what does that mean for home prices? Home sales are down in California for the for the 6th month running, suggesting an impending slowdown even as prices have set new records. Despite strong closed escrow […]

US New Home Sales Rise in June, Prices Fall

US New Home Sales Rise in June, Prices Fall

US New Home Sales Rise in June, Prices Fall $DIA, $SPY, $QQQ, $VXX Sales of new homes rose slightly in June, hitting their highest level in 3 months, as demand for housing remained stiff, according to government data released Wednesday. But prices retreated from an all-time high and supplies rose, suggesting new construction could be […]

SEC Set to Crackdown on Digital Currency Operators

SEC Set to Crackdown on Digital Currency Operators

SEC Set to Crackdown on Digital Currency Operators $ETHUSD, $BTCUSD Tuesday, Wall Street’s main regulator said that ICO’s (initial coin offerings), a means of crowdfunding for blockchain technology companies, should be subject to the same safeguards required in traditional securities sales. ICOs have become a bonanza for digital currency entrepreneurs, allowing them to raise millions […]

Dubawi Mare Booked to Honorius

Dubawi Mare Booked to Honorius

Dubawi Mare Booked to Honorius Isabel Street has been booked to Knightsbridge Bloodstock‘s Stallion Honorius. “ISABEL STREET” IS A WINNING MARE BY ONE OF THE TOP STALLIONS IN THE WORLD “DUBAWI” HIS 2017 SERVICE FEE HAS BEEN SET AT $250,000.00 POUNDS, WHICH CONVERTS TO APPROXIMATELY $415,000.00 AUSSIE DOLLARS The fastest ever to sire 50 Group […]

False Alarm With Amazon.com, Inc. Crash

False Alarm With Amazon.com, Inc. Crash

Incorrect stock data on the popular Google Finance, Yahoo Finance and Bloomberg sites appeared to be freaking out some investors Monday evening, after test data was apparently misinterpreted by third-party providers to those sites. As part of its normal process, the UTP distributed test data and certain third parties improperly propagated the data. Nasdaq is working […]

Tesla (NASDAQ:TSLA) Sales Decline, Production “Snafus” Persist

Tesla (NASDAQ:TSLA) Sales Decline, Production “Snafus” Persist

Tesla (NASDAQ:TSLA) Sales Decline, Production “Snafus” Persist $TSLA Tesla (NASDAQ:TSLA) deliveries flat on continuing production Snafus. Hypemister Elon Musk’s targets will not happen on time, what’s new? The “rentier’” EV maker has reported Q-by-Q shipment declines for the 2nd time in the past year. This may signal that demand has peaked, casting doubt on whether […]

US Automakers Outsell June Estimates, End Anemic 1-H

US Automakers Outsell June Estimates, End Anemic 1-H

US Automakers Outsell June Estimates, End Anemic 1-H $F, $GM, $FCAU, $TM, $HMC, $VLKAY Demand for light trucks gave FoMoCo (NYSE:F). and top Japanese automakers better sales than analysts had estimated for June following a 5-month streak of industry declines. Toyota Motor Corp.’s (NYSE:TM) deliveries rose 2.1% June, while Honda Motor Co (NYSE:HMC) sales rose […]

Keeneland Dominates Belmont Stakes

Keeneland Dominates Belmont Stakes

Keeneland Dominates Belmont Stakes Keeneland sales are represented by 22 graduates entered in the six graded stakes to be held Thursday and Friday at Belmont Park in celebration of Saturday’s final leg of the 2017 Triple Crown, the Belmont (G1). September Yearling Sale graduate Fair Point, winner of the 2016 Senator Ken Maddy (G3), is […]

Hong Kong’s George Moore Spends Big at Magic Millions in Australia

Hong Kong’s George Moore Spends Big at Magic Millions in Australia

Hong Kong’s George Moore Spends Big at Magic Millions in Australia A More Than Ready colt closely related to recent Group One winning juvenile The Mission topped Day One of the Magic Millions Gold Coast National Yearling Sale today. Presented as Lot 1927 by Scone’s Attunga Stud, the good looking brown colt was purchased by […]

US Pending Home Sales Fell for 2nd Month Running

US Pending Home Sales Fell for 2nd Month Running

US Pending Home Sales Fell for 2nd Month Running $DIA, $SPY, $QQQ, $VXX Contracts to buy previously owned US homes fell for a 2nd month running in April one a supply squeeze, but the housing market recovery remains supported by a strong labor market. The National Association of Realtors(NAR) said Wednesday its Pending Home Sales […]

Our Elegant First Lady, Melania Trump, Driving Sales of Luxury Goods

Our Elegant First Lady, Melania Trump, Driving Sales of Luxury Goods

Our Elegant First Lady, Melania Trump, Driving Sales of Luxury Goods US First Lady Melania Trump has reopened style, elegance and luxury world over at the weekend G7 Summit of wealthy nations in Italy.  There the First Lady was dressed in the most exclusive haute couture that come from the highest level of 1-off hand […]

US EPA Accused of Helping Monsanto (NYSE:MON) Cause Cancers in Consumers

US EPA Accused of Helping Monsanto (NYSE:MON) Cause Cancers in Consumers

US EPA Accused of Helping Monsanto (NYSE:MON) Cause Cancers in Consumers $MON, $SMG, $DOW 800+ people with cancer are suing Monsanto (NYSE:MON), the maker of Roundup, claiming the glyphosate-based herbicide made them sick, and the company did little to warn the consumers, despite full well knowing cancer risks existed. In Y 2015, glyphosate, the active […]

Ferrari (NYSE:RACE) Outperforming Tesla (NASDAQ:TSLA)

Ferrari (NYSE:RACE) Outperforming Tesla (NASDAQ:TSLA)

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 […]

Amazon (NASDAQ:AMZN) the e-Commerce Giant Marked Another Milestone

Amazon (NASDAQ:AMZN) the e-Commerce Giant Marked Another Milestone

Amazon (NASDAQ:AMZN) the e-Commerce Giant Marked Another Milestone $AMZN, $WMT, $TGT, $MSFT Amazon.com (NASDAQ:AMZN), the e-Commerce giant that is changing the retail marketplace has marked another milestone. Amazon stock hit 1,001.20 shortly after Tuesday’s opening bell, up about 40% from a year ago and more than 2X the 15% gainer of the S&P 500 Index […]

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes $RACE Thursday, Ferrari (NYSE:RACE), the iconic Italian maker of Supersports and racing cars, reported a 60% increase in Q-1 net profit (22% operating profit margin) on strong sales of some of its highest-powered and highest-priced models. Ferrari’s revenue and profit both beat all analyst expectations, and shares […]

US Homebuilder Sentiment Slips, Overall Outlook Still Positive

US Homebuilder Sentiment Slips, Overall Outlook Still Positive

US Homebuilder Sentiment Slips, Overall Outlook Still Positive $DIA, $SPY, $QQQ, $VXX US homebuilders are a bit less optimistic about their sales prospects, as their overall outlook still remains favorable. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday slipped to 68 this month. That’s down 3 points from 71 in March, […]

US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High $DIA, $SPY, $QQQ, $VXX US home resales fell more than expected in February on a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors (NAR) said Wednesday existing home sales declined 3.7% to a […]

Global Art Auction Sales Fall, Private Treaty Transactions Flourish

Global Art Auction Sales Fall, Private Treaty Transactions Flourish

Global Art Auction Sales Fall, Private Treaty Transactions Flourish $BID The global art market contracted for the 2nd year running in Y 2016, falling to the lowest marks since the financial crisis as economic and political volatility weighed on auction sales. Sales of art and antiques dropped 11% to $56.6-B, according to a report released […]

Ivanka Trump’s Fashion Brand Is “Hot” Sales Sizzle

Ivanka Trump’s Fashion Brand Is “Hot” Sales Sizzle

Ivanka Trump’s Fashion Brand Is “Hot” Sales Sizzle $JWN, $AMZN, $M News about Ivanka Trump’s label: who’s dropped it, who’s still selling it, who’s boycotting it has been in the Headlines during the 2 to 3 months. In early February, Nordstrom (NYSE:JWN) and Neiman Marcus dropped the line; about a week later, Kellyanne Conway, adviser […]

Tight Market Governing US Housing Recovery

Tight Market Governing US Housing Recovery

Tight Market Governing US Housing Recovery The US housing market, a Key economic driver, is very tight, with supply struggling to meet demand as the sector recovers a decade after the housing crisis. But persistent pent-up demand among would-be homeowners could cause builders to boost construction, helping to ease pressure on the market for new […]

US Home Prices Up in December, Fastest Pace in a Year

US Home Prices Up in December, Fastest Pace in a Year

US Home Prices Up in December, Fastest Pace in a Year US home prices rose in December, this as prospective buyers bid against each other for a limited supply of property. The Standard & Poor’s CoreLogic Case-Shiller 20-City home price index, released Tuesday, increased 5.6%, the most since January 2016. The price gainer reflects the […]

Ferrari NV (NYSE:RACE) Stock Hitting New Highs

Ferrari NV (NYSE:RACE) Stock Hitting New Highs

Ferrari NV (NYSE:RACE) Stock Hitting New Highs $RACE This year marks the iconic Italian supercar builders’s 70th anniversary, and I believe it will be another year of record unit sales and revenue. and due to the growth in the world markets particular China I expect the company to break its own unit sales forecast. This could drive […]

Abu Dhabi Rents to Dip in 2017 on New Supply

Abu Dhabi Rents to Dip in 2017 on New Supply

Abu Dhabi Rents to Dip in 2017 on New Supply Thousands of new apartments and potentially decreased housing allowances are expected to weigh on the market Average apartment and villa rents in Abu Dhabi are expected to weaken further this year after declining in Y 2016 due to new supply and uncertainty related to state […]

US Pending Home Sale Up +1.6% in December

US Pending Home Sale Up +1.6% in December

US Pending Home Sale Up +1.6% in December $DIA, $SPY, $QQQ, $VXX More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the costs of ownership. The National Association of Realtors (NAR) said Monday that its seasonally adjusted […]

Rates Rise, US New-Home Sales Fall 10% to 10-Month Low

Rates Rise, US New-Home Sales Fall 10% to 10-Month Low

Rates Rise, US New-Home Sales Fall 10% to 10-Month Low $DIA, $SPY, $QQQ, $VXX Purchases of new US homes fell in December to a 10-month low, suggesting the post-Election rise in mortgage rates pushed out potential buyers. Single-family house sales dropped 10.4%, the most in nearly 2 years, to a 536,000 annualized pace, the US […]

Mammoth Shift in Retail Sales, e-Commerce Winning

Mammoth Shift in Retail Sales, e-Commerce Winning

Mammoth Shift in Retail Sales, e-Commerce Winning $DIA, $SPY, $QQQ, $VXX Holiday sales at Macy’s Inc. (NYSE:M), Sears Holdings Corp., and J.C. Penney Co.(NYSE:JCP) were anemic and US government data confirmed it Friday. The nation’s traditional department stores are steadily losing ground to their online rivals, a shift in the retail landscape that shows both […]

US Housing Outlook Brighter The Street Thought

US Housing Outlook Brighter The Street Thought

US Housing Outlook Brighter The Street Thought New US single-family home sales rose more than expected in November and consumer sentiment is near at 12-year highs, strengthening the view that the economy will gain more momentum in Y 2017. President Elect Donald Trump’s plan to cut taxes and increase infrastructure spending is expected to boost […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures finished lower Thursday with Soybean futures falling to a new one-month low as forecasts for rain in Argentina dampened concerns about dryness hurting production there. The most active Corn contract for March delivery stayed unchanged at 3.4725 bu. March […]

Celebrating Ferrari’s (NYSE:RACE:) Iconic Brand Heritage

Celebrating Ferrari’s (NYSE:RACE:) Iconic Brand Heritage

Celebrating Ferrari’s (NYSE:RACE:) Iconic Brand Heritage $RACE In celebration of the brand’s rich automobile heritage, Alfardan Sports Motors, the official dealer of Ferrari in Qatar organised an exclusive visit to Letbelah, the private museum of Omar Alfardan. The tour offered Qatar’s clienti, for the 1st time, a rendezvous with the classic models of The Scuderia’s […]

Beer Sales are Down in US States Where Recreational Marijuana is Legal

Beer Sales are Down in US States Where Recreational Marijuana is Legal

Beer Sales are Down in US States Where Recreational Marijuana is Legal $BUD, $TAP Year to date, beer volumes have fallen roughly 2% in Colorado, Oregon, and Washington, which have all legalized recreational marijuana, according to Neilsen data cited in a recent report from Cowen & Co. At the same time, marijuana consumption has grown […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures close lower Wednesday with Soybean futures falling for a 2nd session, running as investors squared positions and locked in profits from monthly gains. The most active Corn contract for March delivery fell 0.5 cents, or 0.14%, to 3.485 bu. […]

The Recovery in Home Prices Bolsters Americans’ Household Wealth

The Recovery in Home Prices Bolsters Americans’ Household Wealth

The Recovery in Home Prices Bolsters Americans’ Household Wealth US home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to the data The Standard & Poor’s CoreLogic Case-Shiller national home price index , released Tuesday, is just a bit above the peak it set in July 2006, […]

US Cyber Monday Sets Record With $3.45-B of Sales

US Cyber Monday Sets Record With $3.45-B of Sales

US Cyber Monday Sets Record With $3.45-B of Sales $SNE, $MSFT, $AAPL, $AMZN Shoppers spent $3.45-B on Cyber Monday on Samsung 4K TVs, PlayStation 4s and Barbie Dolls among other products, marking the largest online sales day in US history. The data compiled by Adobe Digital Insights, easily surpassed prior estimates, and dismissed fears that […]

Retailers Rally, Driving S&P 500 to Record Highs

Retailers Rally, Driving S&P 500 to Record Highs

Retailers Rally, Driving S&P 500 to Record Highs $BBY, $M, $HD, $AMZN, $TGT Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names. Retailers, including Best Buy (NYSE:BBY), Kohls […]

Lamborghini Introduces its New Huracán Spyder

Lamborghini Introduces its New Huracán Spyder

Lamborghini Introduces its New Huracán Spyder $VLKAY Last week at a private home in Pacific Palisades (Los Angeles, California), Lamborghini, a unit of Volkswagen AG (OTCMKT:VLKAY) introduced the Huracán (RWD) Drive Spyder, priced at $219,780. The Italian automaker did not present at the 2016 Los Angeles Auto Show The 580hp V10 soft-top comes 1 year after […]

Lucapa Diamond (OTCMKT:LCPDF) Sees Record Results from Diamond Sales

Lucapa Diamond (OTCMKT:LCPDF) Sees Record Results from Diamond Sales

Lucapa Diamond (OTCMKT:LCPDF) Sees Record Results from Diamond Sales $LCPDF Shares in Australian Lucapa Diamond (ASX:LOM) (OTCMKT:LCPDF) rose Monday after the company announced a record result from the latest sale of diamonds from the Lulo diamond project in Angola. The Africa-focused miner said it has taken $8.3-M after selling 1,864 carats of rough diamonds, which […]

Sales of Singapore’s New Private Homes + 49.3% in September

Sales of Singapore’s New Private Homes + 49.3% in September

Sales of Singapore’s New Private Homes + 49.3% in September Sales of Singapore’s new private homes increased 49.3% in September Y-Y, according to data released by Urban Redevelopment Authority (URA) Monday. Compared with the prior month, URA said sales of private homes increased 8.8% in September. Excluding executive condominiums (ECs), property developers sold 509 units […]

This Week’s US Economic Calendar: Expected, Revised & Prior

This Week’s US Economic Calendar: Expected, Revised & Prior

This Week’s US Economic Calendar: Expected, Revised & Prior 26 September, Monday New Home Sales, August (10:00a EDT): 585-K expected, 654-K prior 27 September, Tuesday Case-Shiller 20-City, July (9:00a EDT): 5.1% expected, 5.1% prior Consumer Confidence, September (10:00a EDT): 98.0 expected, 101.1 prior (revised from 99.8) 28 September Wednesday MBA Mortgage Index, 09/24 (7:00a EDT): […]

Twitter (NYSE:TWTR) Explores a “Slow Rolling” Auction of Itself

Twitter (NYSE:TWTR) Explores a “Slow Rolling” Auction of Itself

Twitter (NYSE:TWTR) Explores a “Slow Rolling” Auction of Itself $TWTR, $GOOGL, $CRM, $VZ, $SQ Twitter Inc. (NYSE:TWTR) has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said Friday. Thus, signaling the beginning of a “slow-rolling” auction of the high-profile, money-losing social media company. For months the company […]

The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street $FDX, $LEN, $GIS, $AZO On the Earnings Front Announcing earnings this week to Wall Street are S&P 500 members Adobe Systems (ADBE), FedEx Corp. (NYSE:FDX) and Lennar Corp. (NYSE:LEN) Tuesday; Bed Bath & Beyond (BBBY), CarMax (KMX), General Mills (NYSE:GIS) and Red Hat (RHT) on Wednesday; and AutoZone (NYSE:AZO) Thursday. On […]

Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7

Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7

Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7 $AAPL If you are looking to buy Apple’s (NASDAQ:AAPL) new iPhone7 smartphones Friday you has better have ordered ahead. As some stores sold out, leaving those who purchased online with the best chance to get the latest models. Apple stores around the world turned away customers who […]

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 […]

Dubai’s Annual Property Exhibition ‘Cityscape’ Opens

Dubai’s Annual Property Exhibition ‘Cityscape’ Opens

Dubai’s Annual Property Exhibition ‘Cityscape’ Opens All the news and gossip from the real estate show which runs from 6-8 September at Dubai World Trade Centre 5:30pm With several huge and prominent displays (the Jumeirah Central stand was constantly crowded), Cityscape usually called a barometer of Dubai’s property market, certainly appeared optimistic this year. While […]

Medical Marijuana Update

Medical Marijuana Update

Medical Marijuana Update A federal appeals court upholds the ban on Gun sales to Medical Marijuana patients, Arkansans will have 2 Medical Marijuana initiatives on the ballot, Oklahoman’s will likely have none, and more.  Arkansas Last Thursday, a second medical marijuana initiative was okayed for the ballot. The state already has one medical marijuana initiative […]

Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’ $DIA, $SPY, $QQQ, $VXX July New Home Sales and August Philadelphia Fed NonManufacturing Survey Home Sales: +12.4%/ Philly Fed: -4 points; Orders: -14.9 points The Big Q: With housing and hiring looking really good, where is the economic disaster we keep hearing about? The notion that the […]

Ferrari’s Command the Highest Prices in the Classic Car Market

Ferrari’s Command the Highest Prices in the Classic Car Market

Ferrari’s Command the Highest Prices in the Classic Car Market A 1959 Ferrari 250 GT LWB California Spyder is shown shown above during the Gooding & Co. auction at the weekend in Pebble Beach, California The car sold for $18.15-M in the weekend’s 3rd-highest sale. Also, a 1960 Ferrari 250 GT SWB Competizione Coupe also from […]

Gooding & Company Posts Record Results at Pebble Beach Auction

Gooding & Company Posts Record Results at Pebble Beach Auction

Gooding & Company Posts Record Results at Pebble Beach Auction Record results, including 4 $10-M+ lots and 26 cars fetching $1-M+, made for  Gooding & Co’s most successful 2-day auction ever. Sales at the weekend totaled $129.8-M, with 115 of the 138 (83%) cars offered selling . 4 cars hammered above $10-M mark, the top […]

LTN’s “Lipstick” Indicator Says US, World Consumer is Challenged

LTN’s “Lipstick” Indicator Says US, World Consumer is Challenged

LTN’s “Lipstick” Indicator Says US, World Consumer is Challenged Cosmetics maker Estee Lauder Cos. (NYSE:EL) reported a smaller-than-expected rise in Quarterly sales, hurt by a slowdown in sales in the Americas as fewer consumers visited department stores and tourist spending declined. Shares of the company were down about 4% at 91.73 Friday, up to Thursday’s […]

BMW’s New EV’s are Tesla (NASDAQ:TSLA) Killers

BMW’s New EV’s are Tesla (NASDAQ:TSLA) Killers

BMW’s New EV’s are Tesla (NASDAQ:TSLA) Killers $TSLA Tesla Motors (NASDAQ: SLA) continues to struggle with production and with concerns about how it can fulfill (if ever) the orders for its Model 3. BMW has joined the other leading automobile manufactures to pressure Tesla’s market share and become the leader in electric car technology and […]

Apple’s (NASDAQ:AAPL) Market Share Falling in China

Apple’s (NASDAQ:AAPL) Market Share Falling in China

Apple’s (NASDAQ:AAPL) Market Share Falling in China $AAPL Sales of iPhones continue to fall in urban China and now trail Chinese brands such as Huawei and Xiaomi, an industry survey showed Thursday. In Q-2, Apple accounted for 17.9% of smartphone sales in urban China, 1.8 percentage points less than a year ago, according to a […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn and wheat fell Thursday, pressured by abundant supplies, while Soybean prices rose slightly. The most active Corn contract for December delivery was down 4 cents, or 1.19%, to 3.31 bu. September Wheat delivery fell 7 cents, or 1.71%, to 4.0325 bu. […]

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 […]

Ferrari (NYSE:RACE) Beat Analysts Expectations

Ferrari (NYSE:RACE) Beat Analysts Expectations

Ferrari (NYSE:RACE) Beat Analysts Expectations $RACE Ferrari NV’s (NYSE:RACE) Q-2 profit beat expectations as Supercar sales in China rose along with plans to boost margins with more Special-Edition vehicles. Adjusted earnings before interest and taxes jumped 26% to EUR 156-M ($175-M), beating an average estimate of EUR 134.9-M from 7 analysts surveyed. Revenue increased 5.9% to […]

JD Power’s Rates Porsche Dependability and Quality Tops

JD Power’s Rates Porsche Dependability and Quality Tops

JD Power’s Rates Porsche Dependability and Quality Tops $POAHY Porsche (OTCMKT:POAHY) scores at or near the Top of most research on car dependability and quality. Porsche also sells fewer cars than almost any of the other brands considered in the surveys. In JD Power 2016 US Automotive Performance, Execution and Layout (APEAL) Study, Porsche ranked […]

China’s Alibaba (NYSE:BABA) Targets Australia in Global Expansion

China’s Alibaba (NYSE:BABA) Targets Australia in Global Expansion

China’s Alibaba (NYSE:BABA) Targets Australia in Global Expansion Tuesday, Chinese online retailing giant, Alibaba (NYSE:BABA) announced that it will open its 1st local office in the Australian city of Melbourne later this year, after flagging its intentions to expand outside of China. Alibaba’s global President Michael Evans said Australia was a “huge part” of the […]

Priscila Sales Hits The Bahamas in Miami Bikini Shop Gear

Priscila Sales Hits The Bahamas in Miami Bikini Shop Gear

Priscila Sales Hits The Bahamas in Miami Bikini Shop Gear Brazilian Bikini Model Priscila Sales has been heating up The Bahamas wearing some of the latest fashion from Miami Bikini Shop. Regular readers would have seen Priscila Sales the Lingerie and Bikini Model, she is in the running for Miss International World and needs our […]

Marijuana Is Creating ‘Headaches’ for People in Legal US Businesses

Marijuana Is Creating ‘Headaches’ for People in Legal US Businesses

Marijuana Is Creating ‘Headaches’ for People in Legal US Businesses The legalization of marijuana in the US is creating headaches not just for new marijuana businesses. Such businesses have trouble paying taxes and getting bank accounts, and there are also problems for people who work in the growing industry, as well as for those who […]

June US Automobile Sales Disappoint

June US Automobile Sales Disappoint

June US Automobile Sales Disappoint $F, $GM, $TMC, $VLKAY, $HMC Consumer demand for pickups and SUVs drove US auto sales in June, but the growth fell short of estimates as General Motors (NYSE:GM), Toyota Motor Corp (NYSE:TMC) and Volkswagen (OTCMKT:VLKAY) sold fewer vehicles. Estimates from major automobile makers backed analysts’ projection that the US industry […]

Chicago Agriculture Commodities Finished Mixed Again Tuesday

Chicago Agriculture Commodities Finished Mixed Again Tuesday $CORN, $SOYB, $WEAT Chicago Board of Trade (CBOT) Corn unchanged Tuesday, Wheat retreated, and Soybeans rose to a 1-week high. The most active Corn contract for Jul delivery was Unchanged at 3.8525 bu. Sept Wheat delivery shed 1 cents, or 0.22%, at 4.5725 bu. Nov Soybean added 15.50 […]

Firms Covering Ferrari (NYSE:RACE) Rate it a “Hold”

Firms Covering Ferrari (NYSE:RACE) Rate it a “Hold”

Firms Covering Ferrari (NYSE:RACE) Rate it a “Hold” Ferrari (NYSE:RACE) has been assigned a “Hold” recommendation from 11 ratings firms covering the stock, 2 rated it with a Sell recommendation, 4 have assigned is a Buy. The average 12 month target price among analysts that have issued ratings on the stock in the last year […]

The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street $NKE, $GIS, $CAG, $MU Earnings results from Q-2’s early reporters will be released to Wall Street this week with 10 members of the S&P 500 on tap. They are NIKE (NYSE:NKE)Tuesday, Acuity Brands (NYSE AYI), General Mills (NYSE:GIS) and Monsanto (NYSE:MON) Wednesday; and ConAgra Foods (NYSE:CAG), Constellation Brands (NYSE:STZ), Darden […]

Chicago Agriculture Commodities Extended Losses Friday

Chicago Agriculture Commodities Extended Losses Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn fell for a 5th successive trading day Friday, Wheat and Soybean also extended losses after Britain’s surprising vote to leave the EU in a referendum held Thursday. The most active Corn contract for Jul delivery fell 2.75 cents, or 0.71%, […]

Buy a Super Watch Now, or Wait?

Buy a Super Watch Now, or Wait?

Buy a Super Watch Now, or Wait? $LVMUY Perpetual Calendars Some watch lovers really appreciate perpetual calendar watches, which display the day, date, month, year and Phases of the Moon, making adjustments for Leap years. I am one of those watch lovers. This Spring, Geneva-based Frédérique Constant introduced a Manufacture Perpetual Calendar watch with an […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat and Soybean extended their losses Tuesday. The most active Corn contract for Jul delivery lost 25 cents, or 5.93%, to close at 3.9625 bu. Jul Wheat delivery fell 14.50 cents, or 3.07%, to settle at 4.585 bu. Jul Soybean dropped […]