Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

#PaulEbeling #WallStreet  $DIA $SPY $QQQ $SOX $RUTX $VXX “The Bull trend is still North on the rotation, consolidation and testing” — Paul Ebeling My work has the benchmark US stock market indexes Neutral with a Bullish bias in here. Russell 2000 +11.0% YTD DJIA +2.9% YTD S&P 500 +2.3% YTD NAS Comp +0.3% YTD What happened last week Again, all major […]

Box Office: People are “Screaming” to Go to the Movies in Theaters

Box Office: People are “Screaming” to Go to the Movies in Theaters

#BoxOffice #movies #theaters $IMAX Almost 1 yr after shutting down because of the VirusCasedemic, New York City movie theaters are reopened at 25% capacity. The much-anticipated partial, return of NYC cinemas, a Key world movie market comes as politically mandated restrictions are easing across the United States. IMAX (NYSE:IMAX) is an exhibitor that’s anxious to […]

F1: Swiss Luxury Watchmaker Richard Mille Partners with Ferrari

F1: Swiss Luxury Watchmaker Richard Mille Partners with Ferrari

#F1 #Ferrari #RichardMille $RACE Richard Mille’s partnership with Ferrari (NYSE:RACE) will help increase the Swiss luxury watchmaker’s brand value when it comes to wearable timepieces. Both companies will have their own respective teams responsible for researching and designing products which will foster the development of an exclusive range of limited edition watches. With the 2 teams […]

Ferrari (NYSE:RACE): RSI Alert; RACE is Very Oversold

Ferrari (NYSE:RACE): RSI Alert; RACE is Very Oversold

#Ferrari $RACE “Be fearful when others are greedy, and be greedy when others are fearful” — Warren Buffett A Key way to measure the level of fear in a stock is through we technical analysts call the RSI (Relative Strength Index), which measures momentum on a scale of Zero to 100. A stock is considered […]

Americans Should Expect Higher Service Sector Prices post-VirusCasedemic

Americans Should Expect Higher Service Sector Prices post-VirusCasedemic

#economy #prices #service #VirusCasedemic $DIA $SPY $QQQ $RUTX $VXX America’s economy is not going back to normal post-VirusCasedemic, as economists predict higher prices and fewer options when it comes to dining out or going to see a film at the cinema. The entertainment and service industries were among some of the hardest hit sectors by […]

The #4 Carmaker, Stellantis Ups EV Ambitions

The #4 Carmaker, Stellantis Ups EV Ambitions

#Stellantis #EV $STLA Newly-formed Stellantis (NYSE:STLA), a combination of Peugeot-maker PSA and Fiat Chrysler, wants to use its clout to take on rivals racing to produce more electric vehicles, CEO Carlos Tavares said Wednesday. Stellantis is now the world’s 4th largest carmaker, with 14 brands including Abarth, Opel, Jeep, Ram, Alfa Romeo and Maserati, and […]

A Note on Inflation and the S&P 500 Test

A Note on Inflation and the S&P 500 Test

#inflation $DIA $SPY $QQQ $RUTX $VXX “Earnings are too good to ignore and if the right developments for the economy unfold, they are likely to grow substantially from current marks. With that in mind, our target for the S&P 500 is 4,250 by year’s end“–Paul Ebeling Note on inflation: the Fed’s Beige Book for economic […]

Gold Marks 1st Gainer in 6 Sessions, Stocks Dip

Gold Marks 1st Gainer in 6 Sessions, Stocks Dip

#gold #stocks $XAU $GLD $USD $DIA $SPY $QQQ $RUTX $VXX Gold futures finished up Tuesday after 5-session of declines that pushed the precious Yellow metal’s prices to their lowest marks in 8+months. Gold futures settled +10.60 (+0.6%) at 1,733.60oz aided in part by a weaker USD and lower bond yields. US major stock indexes finished […]

Uber Robotics

Uber Robotics

Uber is spinning off the sidewalk robotics division of the Postmates delivery service acquired last year, creating a new company called Serve Robotics. A statement Tuesday from Serve said it had an unspecificed amount of seed funding from venture capital firm Neo with participation by Uber and other investors. Serve Robotics “will continue spearheading the […]

Instacart Working Towards IPO

Instacart Working Towards IPO

Instacart announced a new investment round Tuesday which values the fast-growing grocery delivery startup at $39 billion — more than double the valuation of just five months earlier. The California startup said the coronavirus pandemic has highlighted the value of its service which is partnered with hundreds of retailers in the United States and Canada. […]

Fed Chairman Powell to Congress: “We do not see any inflation”

Fed Chairman Powell to Congress: “We do not see any inflation”

#inflation #stocks #bonds #commodities #stimulus $DIA $SPY $QQQ $RUTX $VXX “Americans do not need aid/relief/stimulus and handouts, they need an open economy and jobs” — Paul Ebeling “The best thing Joe Biden could do right now is stop spending, stop borrowing, stop regulating, and let the economy get better on its own,” economist Steven Moore […]

Biden Backs Amazon Union

Biden Backs Amazon Union

US President Joe Biden on Sunday backed the right of Amazon workers to unionize, but stopped short of explicitly encouraging them to form a union. Workers at an Amazon warehouse in Alabama began voting in February on whether to form the first American union at the e-commerce giant that could pave the way for further […]

Box Office: ‘Tom & Jerry’ Opens at $13.7-M

Box Office: ‘Tom & Jerry’ Opens at $13.7-M

#BoxOffice $T $CMCSA $DIS “About 50% of the America’s cinemas are still closed, according to the best estimates I have seen” — Paul Ebeling The live-action/CGI hybrid scored the 2nd-best North American box office opening of the entire VirusCasedemic as families turned out to watch the feature adaptation of the iconic Cat & Mouse frenemies. […]

The Ferrari 612 Scaglietti

The Ferrari 612 Scaglietti

#Ferrari #612 #Scaglietti $RACE “From early 2008 the 612 Scaglietti was a Ferrari’s OTO, aka One To One model whereby invited clienti hand-picked colors, materials and options in order to fully personalize their Supercar” — Paul Ebeling The 612 became the basis for 3 Special Edition models. The most notable being the Sessanta built in […]

J&J’s (NYSE:JNJ) 1-Shot Vaccine is a “Game Changer”

J&J’s (NYSE:JNJ) 1-Shot Vaccine is a “Game Changer”

#J&J #COVID19 #vaccine #FDA The Food and Drug Administration (FDA) Saturday authorized Johnson & Johnson’s *NYSE:JNJ) COVID-19 vaccine for emergency use. J&J’s vaccine is the 3rd to be approved for use in the United States, and the 1st that requires just 1-shot.   The FDA’s Vaccines and Related Biological Products Advisory Committee (VRBPAC) voted unanimously to recommend […]

Warren Buffett Still Betting on America

Warren Buffett Still Betting  on America

Warren Buffett reaffirmed his fervent belief in the American Dream in a letter to investors published Saturday — advising them never to bet against the country despite its many problems. “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America,” he said in the message to investors […]

Nikola, Milton and the SEC

Nikola, Milton and the SEC

Electric auto startup Nikola acknowledged Friday that the company or its founder had made several false statements, confirming elements of an investor report that sharply criticized the company. The company said nine statements by Nikola or founder and former executive chairman, Trevor Milton, were “inaccurate in whole or part,” according to a securities filing. The […]

Robinhood, Gamestop $GME and the SEC

Robinhood, Gamestop $GME and the SEC

Stock trading app Robinhood on Friday confirmed it is cooperating with inquiries from US regulators into its decision to temporarily throttle purchases of shares in companies such as GameStop during frenzied trading in January. The free brokerage platform is facing inquiries from federal financial regulators, state attorneys general and the US Congress, according to a […]

Ferrari (NYSE:RACE) Published Its 2020 Annual Report

Ferrari (NYSE:RACE) Published Its 2020 Annual Report

#Ferrari $RACE Ferrari (NYSE/MTA: RACE) announced Friday that it has published its Y 2020 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended 31 December 2020, with the United States Securities and Exchange Commission. Ferrari’s Y 2020 Annual Report and annual report on Form 20-F are […]

J.P. Morgan Asset Management Launches Two Hedged Equity Funds: JHQDX and JHQTX

J.P. Morgan Asset Management Launches Two Hedged Equity Funds: JHQDX and JHQTX

J.P. Morgan Asset Management today announced the launch of two Hedged Equity funds: JPMorgan Hedged Equity 2 (I-Shares: JHQDX) and JPMorgan Hedged Equity 3 (I-Shares: JHQTX) (collectively, the “funds”). Employing the scale and expertise of J.P. Morgan’s Global Equities platform, both funds seek broad S&P 500 equity exposure while hedging overall market risk relative to traditional […]

Airbnb and DoorDash Vs Covid 19

Airbnb and DoorDash Vs Covid 19

Airbnb and DoorDash on Thursday reported their first financial results as publicly traded companies, each of the tech industry darlings logging losses as they ride out the pandemic. Home-sharing platform Airbnb lost less money than expected by financial analysts, and was optimistic the travel industry was showing signs of recovery after being crushed by the […]

China Loves Copper

China Loves Copper

With the price of copper reaching a 10-year high thanks in no small part to China’s insatiable appetite, Chile, the world’s leading producer, faces a “unique” opportunity, experts told AFP. Copper rose to $4.21 a pound on the London Metal Exchange on Wednesday, meaning it has doubled its price since March 2020. Now experts believe […]

Janet Yellen is Challenging Jerome Powell’s Control of the Financial Markets

Janet Yellen is Challenging Jerome Powell’s Control of the Financial Markets

#Fed #Treasury #inflation #employment #economy #money $DIA $SPY $QQQ $RUTX $USD $XAU $GLD $XAG $SLV “The problem with too much Fed liquidity is financial markets continuing to mark record highs“– Paul Ebeling The Feds mandate is to maintain control of inflation, unemployment and long-term interest rates through its monetary policy decisions. Fed Chairman Powell is […]

The Coming Inflation May Be Worse Than the Late 1970’s

The Coming Inflation May Be Worse Than the Late 1970’s

#Fed #inflation $DIA $SPY $QQQ $RUTX $VXX “Printing money is necessary in a crisis just as long as it is temporary”– Paul Ebeling In Y 2020, Congress and President Trump borrowed to spend about $3.3-T to lift family incomes, boost unemployment benefits, and support businesses, but most new Treasuries were not bought up by private investors. […]

The Financial Markets Like ‘Cheap Money’

The Financial Markets Like ‘Cheap Money’

#markets #money $DIA $SPY $QQQ $RUTX $VXX The bond markets steadied, the USD fell and stocks edged ahead Wednesday as central banks from Washington to Wellington vowed to keep monetary policy loose for a long time, giving investors enough confidence to seek out riskier assets.  Fed Chairman Powell told Congress Tuesday the economy remained “a […]

Post-BREXIT Britain Plans Fintech ‘Big Bang’

Post-BREXIT Britain Plans Fintech ‘Big Bang’

#BREXIT #UK #Fintech $DIA $SPY $QQQ $RUTX $VXX UK Chancellor Rishi Sunak plans to introduce new visas for financial technology workers in next month’s budget, part of a package of proposals in a report aimed at boosting the industry in the country. The fast-track visa program is designed to lure global talent to Britain’s fintech […]

Imax (NYSE:IMAX) Stock Marks 52-Wk High on Booming China Box Office

Imax (NYSE:IMAX) Stock Marks 52-Wk High on Booming China Box Office

#Imax #China #BoxOffice $IMAX Shares in the giant screen exhibitor rose 10% to 20.47 as Chinese language tentpoles ‘Detective Chinatown 3‘ and ‘Hi, Mom’ topped attendance in Chinese theaters. Shares in Imax (NYSE:IMAX) surged after China’s Lunar New Year holiday propelled Detective Chinatown 3 and Hi, Mom to blowout box office performances. Market analysts and hammered North American exhibitors […]

The World is Set for a Strong Economic Recovery

The World is Set for a Strong Economic Recovery

#economic #recovery #VirusCasedemic #Japan #machine #tools $DIA $SPY $QQQ $RUTX $VXX Japan’s exports accelerated in January, led by a rise in Chinese demand, and manufacturers’ sentiment turned positive for the 1st time since Y 2019 signaling a recovery from last year’s VirusCasedemic deep dive. Core machinery orders, a Key leading indicator of capital spending, rose […]

Box Office: ‘Croods 2’ Takes #1 in 12th Frame

Box Office: ‘Croods 2’ Takes #1 in 12th Frame

#boxoffice #Croods2 $T $CMCSA $IMAX $SNE ‘Croods 2‘ is on course to earn $2.70-M for the 4-day Presidents Day weekend In a surprise twist, Universal’s animated pic The Croods: A New Age appears to have narrowly won the holiday frame in its 12th weekend, beating newcomer Judas and the Black Messiah. Universal is projecting that Croods 2 grossed an estimated […]

The Focus is Now on Travel and Leisure Companies

The Focus is Now on Travel and Leisure Companies

#investor #earnings #travel #tourism #leisure $MAR $NCLH $H $HLT $TRIP “The results across the board will not be good, but it is about who is coming back.”– Paul Ebeling Investors are watching this wk’s earnings reports from hotels, cruise lines and other businesses that have been hammered by the VirusCasedemic for indications on which companies […]

Fast Ferrari (NYSE:RACE): The 550 Maranello

Fast Ferrari (NYSE:RACE): The 550 Maranello

#Ferrari #fast $RACE Ferrari has made some fantastic front-engined V12 cars. And 1 of the most important cars in this generation of Supercars is the 550 Maranello. At its time of launch in Y 1996, the 550 was the 1st flagship Ferrari that had a V12 at the front in 23 yrs, with its predecessor being the Daytona, the […]

Investing in This Post-VirusCasedemic Chaos

Investing in This Post-VirusCasedemic Chaos

#investing #VirusCasdemic #COVID19 #Chaos $DIA $SPY $QQQ $RUTX “When the Black Swan flies in savvy investors seek opportunities to develop their portfolios“– Paul Ebeling The COVID-19 casedemic chaos has rearranged so much of how people manage their day-to-day lives and financial investing is included. Lockdowns, shutdowns and stay-at-home orders changed peoples routines, impacted economies and […]

Stocks: Path of Least Resistance is North

Stocks: Path of Least Resistance is North

#stocks #trend #sentiment $DIA $SPY $QQQ $RUTX $VXX NAS Comp closed at record high and the DJIA marked a record high intraday in mixed session “On 31 December 2020 S&P 500 earnings for Q-4 were projected to decline 9.2% Y-Y. That estimate did not come true“– Paul Ebeling  The blended earnings growth rate, which takes […]

Economic Growth in This Post-Casedemic Pre-Inflation Scenario

Economic Growth in This Post-Casedemic Pre-Inflation Scenario

#casedemic #inflation #economy #growth $DIA $SPY $QQQ $RUTX $VXX “The future is coming, be prepared is the marching song” –Paul Ebeling Since 23 March 2020 we have seen enthusiasm among investors regarding the return to prosperity in a post-casedemic pre-inflation world. Despite the slow rollout of the non-vaccine vaccines to the general population, the market […]

F1: Bernie Ecclestone “Ferrari are Formula One”

F1: Bernie Ecclestone “Ferrari are Formula One”

#Ferrari #F1 #Ecclestone $RACE “F1 Supremo sat under the learning tree of Enzo Ferrari“– Paul Ebeling The former F1 boss, Bernie Ecclestone, 90 anni, says “Ferrari are Formula One“. Mr. Ecclestone, often referred to as the F1 Supremo in his days running F1, served as Chief Executive of the Tier 1 motor sport for 40 […]

America’s Big Businesses are Hiring

America’s Big Businesses are Hiring

#jobs #JOLTS $DIA $SPY $QQQ $RUTX $VXX JOLTS (job openings) rose in December, led by increases in business services and retail trade, signaling that companies are looking to add workers as the nation starts getting vaccinated against the coronavirus. The number of available positions increased to 6.65-M during the month the Labor Department’s Job Openings […]

Ferrari (NYSE:RACE) ‘The Best of the Best’

Ferrari (NYSE:RACE) ‘The Best of the Best’

#Ferrari $RACE The 1954 Ferrari 750 Monza (pictured above) has been crowned the Winner of The Peninsula Classics 2020 Best of the Best Award. This vintage Ferrari won Best of Show at the Cavallino Classic in Florida in January 2020, it was shortlisted along with a 1929 Duesenberg Model J Town Limousine owned by The Lehrman Collection that was Best of Show at […]

Record Highs All Around in the US, Small Caps Leading

Record Highs All Around in the US, Small Caps Leading

#stocks #record #highs #buy $DIA $SPY $QQQ $RUTX $VXX “Monday, traders and investors pushed ‘buy’ again and each of the US benchmark stock market indexes set intraday and closing record highs“– Paul Ebeling The S&P 500 advanced 0.7% for its 6th straight gainer and passing the 3900 mark for the 1st time. The NAS Comp […]

Elon Musk and Tesla Light a Fire Under Bitcoin

Elon Musk and Tesla Light a Fire Under Bitcoin

Tesla has invested $1.5 billion in bitcoin and plans to soon accept the cryptocurrency from customers who purchase its electric cars, the company said Monday. The announcement from the automaker, in a US Securities and Exchange Commission (SEC) filing, is a sign of confidence in the cryptocurrency that regulators are concerned could be used for […]

The World is Shifting to Crypto, Are You?

The World is Shifting to Crypto, Are You?

Elon Musk Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899 per coin. Additionally, Tesla detailed in the […]

Box Office: ‘The Little Things’ Tops Domestic Weekend

Box Office: ‘The Little Things’ Tops Domestic Weekend

#BoxOffice $T $CMCSA The crime thriller starring Denzel Washington, Rami Malek and Jared Leto Topped the weekend with about $2.1-M in its 2nd frame. The Los Angeles neo-noir crime drama The Little Things stayed on Top the chart in is 2nd weekend with $2.1-M for an estimated 10-day total of $7.8-M in North America and $13-M globally. […]

Ferrari (NYSE:RACE) Beat FY 2020 Analysts Forecasts

Ferrari (NYSE:RACE) Beat  FY 2020 Analysts Forecasts

#Ferrari $RACE Tuesday,  Ferrari (NYSE:RACE) released its FY 2020 result to the market. The the 1s responders was not positive, shares sold down to 194.24 intraday, or 3.5% to 200 on Tuesday. Citi even turned Bearish! Overall the result was good, even though the factory was shuttered for 7 wks during the virus chaos. Statutory […]

America’s Economy is Resilient and Amazing, it Needs No Wasteful Stimulus

America’s Economy is Resilient and Amazing, it Needs No Wasteful Stimulus

#US #Economy #Stimulus $DIA $SPY $QQQ $RUTX $VXX “What we are hearing from the MSM that the US economy is in dire straits is simply not true“– Paul Ebeling The American economy is amazingly resilient and does not need aid/relief/stimulus bailouts despite blue state and big city lockdowns. What it needs is to eradicate the […]

Activision Blizzard a Pandemic Success

Activision Blizzard a Pandemic Success

Video game titan Activision Blizzard said Thursday its quarterly earnings soared beyond expectations as players flocked to Call of Duty, World of Warcraft, and Candy Crush. Activision Blizzard reported revenue of $2.41 billion in the final three quarters of last year and net income of 65 cents per share, higher than analyst forecasts. The US-based […]

Ford Get Serious About Electric Vehicles

Ford Get Serious About Electric Vehicles

Ford announced Thursday it is accelerating its investment in electric cars, but cautioned that the industry-wide shortage of semiconductors would pinch profits in 2021. The US auto giant, released fourth-quarter and annual results, and said it plans $22 billion in electric car investment through 2025, nearly twice the earlier plan. The announcement is the latest […]

Ferrari (NYSE:RACE) Q-4 Yr 2020 Earnings Preview

Ferrari (NYSE:RACE) Q-4 Yr 2020 Earnings Preview

#Ferrari #earnings $RACE Ferrari (NYSE:RACE) is scheduled to announce Q-4 and full yr 2020 earnings results Tuesday, 2 February pre US market open. The consensus EPS Estimate is €0.99 (+10.0% Y-Y) and the consensus Revenue Estimate is €1.06-B (+14.3% Y-Y). Analysts expects Adjusted EBITDA of €364.1-M. Over the last 3 months, EPS estimates have seen 2 upward revisions and 2 […]

Global Markets Rally, Gold and Silver Follow

Global Markets Rally, Gold and Silver Follow

#markets #rally #Gold #Silver $DIA $RUTX $SPY $QQQ $VXX $XAU $XAG $GLD $SLV Global shares rebounded from last weeks pull back and silver prices spiked Monday driving the Devil’s metal to 8-yr highs. MSCI’s benchmark for global stock markets rose 1.47% to finish at 652.35 Monday. Silver mining stocks rose and precious metals dealers saw […]

The Market is Saying: Mr. Biden’s Aid/Relief/Stimulus Package is Just an Idea

The Market is Saying: Mr. Biden’s Aid/Relief/Stimulus Package is Just an Idea

#Aid/Relief/Stimulus, #idea, #Biden $DIA $SPY $QQQ $RUTX, $VXX, $GME “The SEC said Friday that it is evaluating the extreme price volatility of certain stocks’ trading prices warning that such volatility can expose investors to rapid and severe losses and undermine market confidence“–Paul Ebeling Friday, the S&P 500 tested to it 50-D MA, as it fell […]

ETF Changes to Note

ETF Changes to Note

Direxion has announced it will execute forward share splits for three of its exchange-traded funds (“ETFs”), as well as reverse share splits for an additional two ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as […]

Retail Investors ‘Squeezing’ Institutional Short Sellers

Retail Investors ‘Squeezing’ Institutional Short Sellers

#short #sellers $DIA $SPY $QQQ $RUTX $VXX $GME “‘Squeezing’ short sellers once a game for professionals, is now controlled by brigades of retail investors worldwide“– Paul Ebeling The Gamma Short is played like this: Usually a ‘whale’ buys a large number of out-of-the-money call options in a single name with a high short interest. The option […]

Facebook is Loving the Pandemic

Facebook is Loving the Pandemic

Facebook profit surged in the final three months of last year as people enduring the holidays in a pandemic turned to the leading social network for work and pleasure, the company said Wednesday. Facebook reported profit of $11.2 billion on revenue of $28 billion, increases of 53 percent and 33 percent when compared with the […]

iPhone Sales Drive Apple

iPhone Sales Drive Apple

Apple said Wednesday that profits surged in the final three months of the year on growing sales of iPhones and services, which lifted revenues to an all-time record. Profit in the period ended December 26 rose 29 percent from a year ago to $28.7 billion, while revenues grew 21 percent to $111.4 billion, with international […]

Samsung Profit Jumps

Samsung Profit Jumps

Samsung Electronics, the world’s biggest smartphone and memory chip maker, on Thursday reported a 26-percent rise in fourth-quarter net profits year-on-year, with pandemic-driven working from home boosting demand for devices powered by its chips. The firm said profits in October to December rose 26.4 percent year-on-year to 6.61 trillion won ($5.97 billion). Operating profit rose […]

Elon Musk Delivers 1st Profit for Tesla

Elon Musk Delivers 1st Profit for Tesla

Tesla Motors reported its first annual profit Wednesday, but shares fell after Elon Musk’s electric car company scored lower-than-expected fourth quarter earnings. Tesla, a soaring stock for much of the last year, reported 2020 profits of $721 million, reflecting the company’s strong ramp-up in production and deliveries despite a hit from Covid-19. Tesla had reported […]

The Medical Emergency Chaos Brought on a Pet Boom

The Medical Emergency Chaos Brought on a Pet Boom

#pets $CHWY $ZTS Locked down people have adopted 4-legged friends at a rapid pace during The China Virus chaos. This action is driving global pet product sales North of $125-B, according to the data. Pet animals require food, treats and medicine and will continue after The People are all vaccinated. So we can expect spending […]

Brigades of Small Investors Continue to Drive GameStop Stock Due North

Brigades of Small Investors Continue to Drive GameStop Stock Due North

#short #squeeze #GameStop #SEC $GME There is no overriding or rational reason why GameStop (NASDAQ:GME) has attracted brigades of small and 1st-time investors. There is however the component of revenge against Wall Street in chat room communications online. Many on Wall Street are pessimistic. They believe that GameStop’s stock can not hold onto these huge […]

Thursday’s Economic Data Signals a Growing Economy

Thursday’s Economic Data Signals a Growing Economy

#economic #growth #housing #emplyment #mega-cap #stocks $DIA $SPY $QQQ $RUTX $VXX Thursday’s action drew support from a better-than-expected housing starts and building permits report for December. The NAS Comp (+0.6%) and S&P 500 (+0.03%) finished at fresh record highs Thursday on the strength in several Mega-caps Apple (NASDAQ:AAPL) 136.87, +4.84, or +3.7% was the most influential mover […]

Tesla Is Hiring Someone To Defend Elon Musk And Fend Off Attacks By Twitter Trolls

Tesla Is Hiring Someone To Defend Elon Musk And Fend Off Attacks By Twitter Trolls

A job advert posted by Tesla, Musk’s booming electric car maker, said the company is hiring for a customer support specialist whose responsibilities include handling online complaints directed at the chief executive. “Tesla Energy Support Specialists handle a variety of customer issues while delivering on world class customer service,” the original job listing read. “The […]

PayPal Will Continue To Profit From A Huge Increase In Volume And Accounts

PayPal Will Continue To Profit From A Huge Increase In Volume And Accounts

#PayPal will continue to profit from a huge increase in volume and accounts. And there are a couple of new headwinds, thanks to its efforts in China and with cryptocurrency, that should push PayPal even higher. PayPal Stock at a Glance The first thing to know about PayPal is its amazing growth. In its most […]

Google’s Ethical AI Division Investigating Sharing of Sensitive Documents

Google’s Ethical AI Division Investigating Sharing of Sensitive Documents

#Google has suspended the corporate account of Margaret Mitchell, a lead on its ethical AI team, claiming she downloaded and shared sensitive documents with external accounts. A Google spokesperson confirmed late on Tuesday that Mitchell’s corporate access, including her work email, had been locked. The news was first reported by Dr. Timnit Gebru, who previously co-led […]

Nasdaq Trading and Technical Analysis

Nasdaq Trading and Technical Analysis

#Nasdaq Composite ended the day up 1.53%. Tech stocks helped to propel the Nasdaq higher as Facebook gained 3.87%, Alphabet increased 3.29%, Microsoft rose 1.78%, Apple grew 0.54% and Amazon closed up 0.53%. Markets also responded to comments by Janet Yellen, President-elect Joe Biden’s nominee for treasury secretary, during her Senate confirmation hearing. Yellen called […]

Ferrari (NYSE:RACE) Q-4 and FY 2020 Earnings Results Out on 2 February

Ferrari (NYSE:RACE) Q-4 and FY 2020 Earnings Results Out on 2 February

#Ferrari #earnings $RACE  Ferrari (NYSE:RACE) announced today that its financial results for the full year and fourth quarter of 2020 will be released on Tuesday, February 2, 2021. A live audio webcast and conference call on the FY 2020 and Q-4 results will begin at 2.00p GMT / 3.00p CET / 9.00a EST Tuesday, 2 […]

DraftKings Could Double In Price

DraftKings Could Double In Price

#DraftKings today announced the upcoming launch of its mobile Sportsbook and Casino app for January 22nd. Fans in the Great Lakes State can soon place bets on their favourite leagues and teams through America’s top-rated sportsbook app as well as play a variety of iGaming options such as blackjack, roulette and slots. The launch of […]

Ferrari’s (NYSE:RACE) 2021 Corporate Calendar

Ferrari’s (NYSE:RACE) 2021 Corporate Calendar

#Ferrari $RACE Ferrari (NYSE:RACE) announced Friday the following corporate calendar for Y 2021: Earnings Releases 2 February 2021 – Group results for Q-4 and F-Y 20204 May 2021 – Group results for Q-1 Y 20212 August 2021 – Group results for Q-2 Y 20212 November 2021 – Group results for Q-3 Y 2021 A conference […]

BlackBerry Huawei Patent Deal

BlackBerry Huawei Patent Deal

#BlackBerry continues retreat from mobile devices. BlackBerry has sold 90 patents related to smartphone technology to Huawei as part of the Canadian firm’s ongoing retreat from the mobile phone business. The company then known as RIM failed to adapt to changing market trends. Apple and Android manufacturers were able to offer more desirable handsets and […]

Data Protection Regulators in any European Country can Bring Privacy Complaints Against Facebook

Data Protection Regulators in any European Country can Bring Privacy Complaints Against Facebook

#Facebook claims that, given that its main centre of operations in Europe is in Dublin, only the Irish Data Protection Commissioner (DPC) had the right to bring proceedings against Facebook over its cross-border data processing. The Belgian regulator sought an order to prevent Facebook using cookies, plug-ins and pixels to track Belgian citizens across the […]

Roche Holding Target Price $50

Roche Holding Target Price $50

Roche Holding said that the European Commission has approved its influenza treatment Xofluza. The company said Xoflusa was also approved as a post-exposure prophylaxis, meaning as a preventative treatment for individuals who have come in contact with someone infected with an influenza virus. The Commission’s approval–which comes in the wake of a November positive opinion […]

Ark Still Accumulating Novartis

Ark Still Accumulating Novartis

#Novartis’s pipeline is deep and should give potential investors an idea of the timeline required for development of a drug for commercialization. The company recently won a battle related to patent protection for its MS drug Gilenya. The drug generated $738 million in revenue in Q2, and the judgment protects it from generic competition through 2027. Another reason to consider […]

Facebook and Twitter Stock Hammered in Wake of Trump Ban

Facebook and Twitter Stock Hammered in Wake of Trump Ban

#Facebook #Twitter #PresidentTrump $FB $TWTR $DIA $SPY $QQQ $RUTX $VXX “After banning President Trump from their social media platforms, Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR) have seen their combined market value plummet by $51.2-B over the last 2 trading sessions” — Paul Ebeling Following the Capitol last wks chaos, Facebook and Twitter indefinitely banned Trump’s accounts, […]

General Motors Presents Flying Car

General Motors Presents Flying Car

General Motors presented a futuristic flying Cadillac – a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the air. It is fully fully autonomous and all-electric, with a 90kW motor, a GM Ultium battery pack and an ultra-lightweight body with four pairs of rotors. The autonomous […]

Intel Share Price Jumps On New CEO

Intel Share Price Jumps On New CEO

A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long […]

Vertex Pharmaceuticals Target Price $300

Vertex Pharmaceuticals Target Price $300

Vertex has an interesting pipeline. It is working on a CRISPR-based, possibly curative treatment for sickle cell disease and beta-thalassemia in partnership with CRISPR Therapeutics. Data on two clinical trials were presented in December and Kewalramani also offered a brief update at the JP Morgan conference, saying “over 20 patients” had been dosed in the […]

Tesla Stock Chart Technical Analysis

Tesla Stock Chart Technical Analysis

Tesla sales teams are currently working on building custom sales and production orders for the India market, ensuring orders are complete and validated once the configuration is finished. The move will also open India to select as one of the countries where Tesla cars can be purchased. On several occasions earlier, Musk had revealed that […]

Zoom Video Communications Could Be About To Breakout

Zoom Video Communications Could Be About To Breakout

#Zoom’s latest earnings report, it suggested that revenue growth in 2021 may be slightly less explosive than it was last year. Still, Zoom said it expects an increase in sales of 330% in the current quarter, which ends in January. Zoom is selling about 5.15 million shares at $340 apiece, representing a 4.7% discount to its […]

Bristol-Myers Squibb Quick Analysis

Bristol-Myers Squibb Quick Analysis

#Bristol-Myers Squibb could be on track to break out. The drugmaker said Monday that its current pipeline of drugs could generate $25 billion in annual revenue, enough to replace lost revenue from expired patents by 2030. Bristol-Myers Squibb closed up 0.460 at 65.430. Volume was 18% above average (neutral) and Bollinger Bands were 4% narrower than […]

General Motors Stage Bullish Rebound

General Motors Stage Bullish Rebound

#GeneralMotors recently announced that the company will roll out a new marketing campaign to underscore its commitment and renewed efforts to accelerate the mass adoption of electric vehicles (EVs).  Amid the heightening climate-change concerns, investors are constantly looking out for companies proving green transportation solutions. Auto giants like Tesla, Ford and Volkswagen have been head strong in their transition to […]

Tesla Stock Falling Gives Great Opportunity To Buy Low

Tesla Stock Falling Gives Great Opportunity To Buy Low

#Tesla tumbled as much as 7.2% on Monday amid a broader market slide. Shares remain roughly 20% higher year-to-date as the automaker’s mammoth 2020 rally continues into the new year. The automaker’s soaring share price and stock offerings are fueling recursive growth, Tesla can boost its fundamentals by funding new factories with stock sales. Improved […]

NASDAQ 100 Forecast January 12, 2021

NASDAQ 100 Forecast January 12, 2021

#Nasdaq stocks pulled back on Wall Street Monday as markets around the world paused following record-setting runs. Tesla, Amazon, Apple and other big gainers over the past year led the way lower, even as financial, health care and energy stocks notched gains. Treasury yields continued to rise. The market managed to look past much of […]

Lordstown Motors Stock News

Lordstown Motors Stock News

#Lordstown Motors said that it now has more than 100,000 reservations for its upcoming Endurance electric pickup truck. While the reservations are nonbinding, the total is a significant indication of interest in the truck, which is designed around the needs of commercial and government fleet operators. Lordstown said that the average order is for nearly 600 trucks. […]

Walmart To Create Fintech Company With Robinhood

Walmart To Create Fintech Company With Robinhood

#Walmart said it will start its own financial technology company, aimed at customers and employees, with the help of investment firm Ribbit Capital, which has backed investment platform Robinhood, personal finance portal Credit Karma, and other big names in the industry. The new company aims to “develop and offer modern, innovative and affordable financial solutions,” […]

Facebook Shares Drop After Trump Ban

Facebook Shares Drop After Trump Ban

#Facebook sank as much as 4.5% on Monday as investors continued to balk at the platform’s ban of President Donald Trump. The slide saw $33.6 billion erased from Facebook’s market cap at intraday lows. Shares have since pared some losses and now trade about 2.6% lower. While Facebook is far from the only platform to ban Trump, […]

Huge Convertible Share Offering For Nio

Huge Convertible Share Offering For Nio

#Nio published a press release detailing a proposal to issue $1.3 billion in senior convertible notes. According to the release, the company plans to release $650 million worth of senior convertible notes due in 2026. It will also release $650 million in senior convertible notes due in 2027. Although the company is vague, Nio did […]

Tesla Stock To Hit $7000?

Tesla Stock To Hit $7000?

Tesla shares up 743% in 2020 included its December addition into the S&P 500 index and investors attaching a premium to electric vehicle manufacturers on the prospects of a Joe Biden presidency and his green energy agenda. With Tesla hitting ARK’s Cathie Wood’s target two years ahead of schedule, the firm now has a $7,000 price target for […]

Riot Blockchain Still Cheap

Riot Blockchain Still Cheap

#Riot Blockchain builds, supports and operates a blockchain technologies ecosystem. The company is involved in digital currency mining operation, which uses specialized computers that generate digital currency, primarily Bitcoin.  Riot also purchases and sells digital currencies, and provides accounting, audit and verification services for blockchain-based assets. The company developed TessPay, a payments ecosystem for component and sub-component […]

Should You Buy or Sell Alibaba? Is Jack Ma in Jail?

Should You Buy or Sell Alibaba? Is Jack Ma in Jail?

Buy or Sell #Alibaba? Chinese regulators announced an investigation against Jack Ma’s company over alleged monopolistic practices. and the man himself has vanished, there is a great deal of speculation now as to where Jack Ma is with a good many people thinking he is in Jail or under detention. Ant Group, was also summoned […]

Invesco QQQ Trust Technical Analysis, Forecast, and Trade Ideas

Invesco QQQ Trust Technical Analysis, Forecast, and Trade Ideas

#Invesco QQQ Trust (QQQ), which tracks the Nasdaq 100, led with a 1.29% increase.  Invesco QQQ Trust closed up 4.050 at 319.030. Volume was 19% below average (neutral) and Bollinger Bands were 44% narrower than normal. Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish […]

Ferrari (NYSE:RACE) Initial Stakeholders are Happy with 440% Return to Date

Ferrari (NYSE:RACE) Initial Stakeholders are Happy with 440% Return to Date

#Ferrari #stakeholders $RACE Ferrari (NYSE:RACE) share price. It’s 418% higher than it was 5 yrs ago. This demonstrates the value creation that some businesses can achieve. It is also good to see the share price up 23% in the last Quarter. Share prices reflects investor sentiment, not just underlying business performance. Our way to examine […]

F1: Budget cap has greater impact on Ferrari (NYSE:RACE) than MBZAMG and Red Bull Racing

F1: Budget cap has greater impact on Ferrari (NYSE:RACE) than MBZAMG and Red Bull Racing

#F1 #Ferrari #BudgetCap #MBZAMG #RedBullRacing $RACE Ferrari (NYSE:RACE) would have liked to have had a more time to adjust the size of The Scuderia to the new budget limit of $145-M. They would have preferred to transfer the people who are no longer able to work on the racing team instead of firing them, but that […]

Tesla (NASDAQ:TSLA) Elon’s Funding SECURED for New Tesla Factories

Tesla (NASDAQ:TSLA) Elon’s Funding SECURED for New Tesla Factories

$TSLA #Tesla #Auto #Manufacturers #USA #Nasdaq #Stocks #Trading TeslaTicker: NASDAQ:TSLAPrice: $755.98 Tesla News Morgan Stanley analyst Adam Jonas lifted his price target on Tesla to $870 a share, dubbing the electric vehicle maker the industry’s “chosen one” thanks to its “people, its technology, business model and access to capital.” Business Summary Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, […]

Alibaba and Tencent Suffer from US Attack

Alibaba and Tencent Suffer from US Attack

#Alibaba #Tencent #PresidentTrump $BABA $TCEHY Shares in China’s two biggest companies Alibaba and Tencent tumbled in Hong Kong Thursday in response to the media reports that the Trump administration plans to press ahead with a ban on Americans investing in them. e-Commerce titan Alibaba sank more than four percent and internet powerhouse Tencent shed 3.3% […]

Apple Set to Rally

Apple Set to Rally

Apple on Wednesday said a dizzying $1.8 billion was spent on digital goods and services at its App Store between Christmas Eve and the end of December. Word of the stellar holiday week at the exclusive gateway onto Apple devices comes as the iPhone maker defends itself against concerns that its control over the App […]

Ford Sales Falter

Ford Sales Falter

Ford sales have slowed, the company reported a drop in fourth-quarter US auto sales Wednesday, citing the extended effects from a Covid-19 production shutdown that hit the supply of their most popular vehicle in the American market. Inventories of the F-150 pickup truck have suffered due to “lingering effects of the Q2 coronavirus production stoppage,” […]

Tesla on Way to a Trillion Dollar Valuation

Tesla on Way to a Trillion Dollar Valuation

Electric carmaker Tesla closed trading on Wednesday with a market value topping $700 billion for the first time. The latest surge means the company is worth more than General Motors, Ford, Toyota, Honda, Fiat Chrysler and Volkswagen combined. Tesla’s share price ended with a gain of 2.8 percent to $755.98 for a total value of […]

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