$RACE Ferrari (NYSE:RACE) says that accepting the delay to the introduction of the new Y 2021 regulations has likely put it at a disadvantage to its rivals, but it had to do so for the sake of F1. In the wake of the coronavirus pandemic upending the F1 season schedule, and teams likely to face […]
$GC $XAU $GLD Just in: Gold rose more than 1% Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4% at 1,592.83 per ounce by 0730 GMT, having slumped 3.1% in the prior session on a […]
$RACE Agreeing to delay the all-new 2021 F1 regulations puts Ferrari (NYSE:RACE) facing the likelihood of being at a disadvantage compared to its rivals, says team Boss Mattia Binotto. As a result of the global coronavirus crisis, this year’s F1 season has been disrupted and forced major alterations for the motorsports’ championship’s future. It was […]
$RACE Yes, Ferrari’s (NYSE:RACE) factories are located in the center of Italy’s coronavirus tragedy, but the company has said it hopes to reopen its Maranello and Modena factories on 14 April provided it has guaranteed parts supplies. Investors expect Ferrari profitability to slow a bit in Y 2020 but recover and resume accelerating in Ys […]
$DIA $SPY $QQQ $RUTX $VXX Over the past 2 wks the DJIA experienced its best day since Y 1933, which came on 24 March when the index gained 11.37%, as well as its 2 worst days since the crash on October 1987, which came on 12 March and 16 March when it marked 1 day […]
$DIA $SPY $QQQ $RUTX $VXX Friday, investors took some profits after the American Aid bill was passed and sent to President Trump for signing. By the end of the session, the DJIA was off 4.1%, S&P 500 and NAS 3.8 shed 3.4% and 3.8% respectively. The strong gains made on the week drove the DJIA […]
$DIA $SPY $QQQ $RUTX $VXX The S&P 500 extended its weekly rally by 6.2% Thursday after the Senate approved the $2-T fiscal stimulus package for the economy, which saw a record surge in weekly jobless claims. The DJIA rose 6.4%, the NAS Comp rose 5.6%, and the Russell 2000 rose 6.3%. Thursday, US Treasury Secretary […]
$DIA $SPY $QQQ $RUTX $VXX US stocks spiked 9%+ as President Trump joined reassured investors that he is stepping up efforts to protect the economy from the coronavirus fallout. All 3 major US stock market indexes rose 9%+, as President Trump declared a national emergency to help combat the virus and said the private sector […]
$RACE Scuderia Ferrari (NYSE:RACE) fully supports the decision taken by the FIA and F1 in conjunction with the Australian Grand Prix Corporation to cancel the Australian Grand Prix (13 – 15 March) at Melbourne’s Albert Park circuit. The safety of all team members is our number one priority, especially as the Covid-19 pandemic continues to […]
$RACE Winter Testing It is well known that conditions at the Circuit de Barcelona-Catalunya are usually at their best in the morning, with the track getting slower and cooler as the day goes on. That means MercedesAMG’s Lewis Hamilton’s race simulation was completed in better conditions compared to Ferrari’s Charles Leclerc. Mr. Leclerc was comfortably […]
$GOLD Barrick Gold Corp (NYSE:GOLD) marked a 3.5 yr high at 22.44 on 24 February and paused, the data now suggests the stock is flashing a buy signal as it nears a historically Bullish trendline. Barrick Gold stock has come within 1 standard deviation of its 40-Day MA following an extended period above the trendline, defined for […]
$RACE Following the announcement made by President Trump from the Oval Office Wednesday night of a wide suspension of travel by non US citizens from Europe to the USA, the leadership of the WEC has reviewed the viability of staging the Sebring 1000 Miles race planned to be held at Sebring on 20 March. After […]
$RACE Ferrari (NYSE: RACE) declared Tuesday that its factory and HQ’s are operating despite being located inside the area of Italy that has been placed under quarantine to prevent the spread of the coronavirus. Ferrari employees have a reason to work! In a statement, Ferrari said that the measures introduced by the Italian government on 8 March […]
$RACE There is a savvy Wall Street adage that advises: “be fearful when others are greedy, and be greedy when others are fearful“. A Key way to measure the level of fear in a given stock is through a technical analysis indicator called the RSI (Relative Strength Index), RSI measures momentum on a scale of […]
$RACE Ferrari’s (NYSE:RACE) F1 team says its preparations for the Australian Grand Prix are going as planned, despite the lockdown announced by the Italian government that has affected 16 northern provinces in the country. Ferrari says that it respects the government’s decision, but says it is not currently poised to impact travel plans for F1 […]
$RACE Ferrari’s Sebastian Vettel Overview Y 2020 is arguably the most important season in Sebastian Vettel’s career, should he get it wrong and it could be his last. The 4X World Champion fought tooth and nail last season, but was not quite able to keep his team-mate Charles Leclerc under control. This year Mr. Leclerc […]
$RACE Ferrari (NYSE:RACE) insists that it has not disguised its pace in Winter testing in Spain, but does admit its car is better in race trim than on single lap pace. The Maranello Outfit has been open that pre-season testing has not gone as well as it would have liked and thinks it is heading […]
$RACE F1 bosses have explained that they reached a settlement with Ferrari over their engine case as they feared they would not be able to prove any wrongdoing. Last week, the FIA said an agreement was reached with The Scuderia over a long-running analysis into their Y 2019 power unit due to questions raised by […]
$RACE Ferrari NV (NYSE/MTA: RACE) announced Wednesday that it published the agenda and the explanatory notes for the 2020 Annual General Meeting of Shareholders (“AGM”), which will take place on 16 April 2020 in Amsterdam. Ferrari’s AGM notice and explanatory notes and other AGM materials are available under the section Investors on Ferrari’s corporate website […]
$DIA $SPY $QQQ $RUTX $VXX Follow the insiders in this market Company executives see their own businesses daily, and through their actions are telling us that fears about the hit to economic growth because of COVID-19 are overdone. With that in mind, they are stepping up buying their own companies’ shares, and in all the […]
$DIA $SPY $QQQ $RUTX $VXX “The growing national deficit is a ‘legitimate issue’, but our main focus now is in creating jobs,” White House trade adviser Peter Navarro said Friday. “Until the bond market starts reacting negatively to that and we start seeing inflation, the deficit is not going to be a concern,” Mr, Navarro […]
$DIA $SPY $QQQ $RUTX $VXX Money managers overseeing trillions of dollars are putting money into US government debt like never before, in a wave that is gaining strength as the spreading coronavirus casts doubt on the global growth outlook. Evidence of the demand can be found across the fixed-income universe. Pensions, which have been ramping […]
$DIA $SPY $QQQ $RUTX $VXX Monday, the S&P 500 and the NAS Comp closed at record highs as Chinese workers and factories slowly returned to business following a Lunar New Year holiday that was protracted by the deadly coronavirus outbreak. All 3 major US stock indexes advanced in a broad-based rally, boosted by index leaders […]
$RACE The 5th Peninsula Classics Best of the Best Award has been won by a 1958 Ferrari 335 S Spyder Scaglietti, completing yet another wonderful story of automotive redemption. This 1 of 4 Ferrari factory team cars spent a long period of its life abandoned, before being reclaimed, restored and returned to prominence. The Ferrari […]
$RACE Following the latest results, Ferrari’s (NYSE:RACE) 16 analysts are now forecasting revenues of €4.12-B in Y 2020. This would be a 9.5% improvement in sales compared to the last 12 months. Statutory EPS are expected to accumulate 7.8% to €4.02. Before this weeks earnings report, analysts had been forecasting revenues of €4.07-B and EPS […]
$RACE Ferrari (NYSE:RACE) upgraded guidance across its Key financial metrics for the full year ahead, beyond its “2020 plan“. The iconic Italian company now sees net revenues above €4.1-B, representing an 8.5% increase compared to the F-Y 2019 revenues of €3.776-B result. Ferrari investors are more Bullish on its Y 2020 growth and earnings outlook […]
$RACE Ferrari (NYSE:RACE) boosted its Y 2020 forecasts for sales and earnings after the Supercar maker posted record deliveries, a sign that CEO Louis Camilleri’s model-range renewal is working and gathering momentum. The Maranello Outfit launched a record 5 new models in Y 2019, including the Roma Coupe with a front-mounted 620-horsepower engine, which helped […]
$RACE MercedesAMG is back in the headlines this week, as news leaked that they were considering leaving F1 for the Y 2021 season. The Big Q: Could the reigning F1 World Constructors’ champions really be about to walk, or drive, away from the sport that they have dominated for the last 7 years? The Story Autocar broke […]
$RACE Museo Ferrari (NYSE:RACE) in Maranello is staging a special exhibition marking Ferrari’s Le Mans 24 Hours story. The star attraction is a 166MM Barchetta Touring like the car used to take Ferrari’s 1st Le Mans win in Y 1949. Also on stage is the 275P that won the Y 1964 edition of the race […]
$RACE Ferrari’s (NYSE:RACE) patent application images show a 2-seater car, though the technology could be applied in a different body style Ferrari has approached electrified cars with caution, and we only saw it introduce its 1st plug-in hybrid with the SF90 Stradale last year. Yes, there was the LaFerrari, but the KERS-style hybrid system was hardly for efficiency, just […]
$DIA $SPY $QQQ $RUTX $VXX The US homeownership rate rose to a 6-year high in Q-4, led by gains among young people and low-income Americans. The nationwide rate was 65.1%, the biggest since the end of Y 2013, according to a US Census Bureau report Thursday. It was the 2nd straight increase, climbing from 64.8% in the […]
$RACE The 812 GTS where speed meets elegance LIBERTY HAS NEVER BEEN SO EASY The aim in developing the 812 GTS was to retain the exhilarating feeling of speed and power delivered by the berlinetta version in terms of accelerating, response times and agility. TRADITION NEVER FAILS Exactly 50 yrs on from the debut of the last Spider in the Ferrari […]
$DIA, $SPY, $QQQ, $RUTX , $VXX The Fed held interest rates steady Wednesday at its first policy meeting of the year, the head of the central bank pointed to continued moderate economic growth and a “strong” job market, and giving no sign of any imminent changes in borrowing costs. “We believe the current stance of […]
$RACE Ferrari (NYSE:RACE) has everything a F1 team needs to succeed including huge financial resources, an in-house engine supply and a rich history capable of luring the most talented individuals in the sport onto its payroll. Yet for the past 11 yrs, those ingredients have failed to bring the iconic Italian team a championship. We […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Less than 1 hr after Fed officials begin a two-day policy meeting, President Trump calls for a cut in rates. “The Fed should get smart & lower the Rate to make our interest competitive with other Countries which pay much lower even though we are, by far, the high standard,” […]
$RACE Recall in late Y 2018 the FerrariChat forum gave us the word that Ferrari (NYSE:RACE) planned 3 Special Editions of the 812Superfast. We saw one of them last November, in the targa-topped 812 GTS. The 2nd was rumored to go even further with the undress, boasting a speedster-like form omitting the roof entirely as well as most of the windshield. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX I herewith urge all investors to avoid making hasty decisions after China announced a rise in cases of a deadly new virus that the media says threatens to crimp global economic growth. Stocks markets pulled back worldwide Monday on the supposition that investors are worried about the potential economic impact of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Donald Trump speaks during the Global Chief Executive Officers dinner at the World Economic Forum in Davos, Switzerland A “very big” tax cut for middle-class Americans will be announced over the next 90 days, President Donald Trump said in an interview Wednesday. “We will make that permanent for the middle […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, White House Top economic advisor Larry Kudlow predicts that economic growth will surpass at least 3% this year. “I am looking for faster growth: I think we’re going to get 3% this year,” Mr. Kudlow said on TV. “The trade deals will help, the Fed changed policy — that was very, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Market Summary: This long Bull Run still looks look strong, and here is why: Stocks bypassed a soft open Thursday and gapped North. Small and mid-caps joined the large-caps in achieving strong breaks higher. The economic data showed renewed promise. Options expiration Friday came and went. A long weekend came […]
$RACE Charles Leclerc, 22 anni, is the youngest F1 Grand Prix winner after winning at Belgium and Monza in Y 2019 Ferrari (NYSE:RACE) just announced the signing Arthur Leclerc, 19 anni, Charles Leclerc’s younger brother, into their Driver Academy. Charles was a graduate of Ferrari’s junior program and has gone on to become the youngest […]
$RACE W Series CEO Catherine Bond Muir has defended the Ferrari (NYSE:RACE) F1 team announcing an intention to promote a female racing driver and that it is not “just a marketing plan“. In a meeting with journalists in December, Mattia Binotto said Ferrari would like to support a female driver, noting that “women should be part […]
$RACE Ferrari (NYSE/MTA: RACE) announced today the following corporate calendar for year 20201: Earnings Releases 4 February 2020 – Group results for 4th Quarter and F-Y 2019 4 May 2020 – Group results for 1st Quarter 2020 3 August 2020 – Group results for 2nd Quarter 2020 3 November 2020 – Group results for 3rd […]
$RACE, $BAC Just In: Bank of America Merrill Lynch lists Ferrari (RACE) +0.3%) as 1 of its Top 40 picks for Y 2020. The firm thinks Ferrari’s business strategy will help it outpace all automotive sector members in revenue and earnings growth, it has no peers BAML’s price target of 230 means a +30% Northside and […]
$APTO, $CDMO, $ENDP, $IGMS, $ILMN Here are some of the many biotech and pharma stocks that have been given big Northside targets for Y 2020 by Key sector analysts, as follows: Aptose Biosciences Inc. (NASDAQ:APTO) was started with a new Buy rating and a 10 price target at Piper Jaffray on 9 January. This represented […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 and NAS Comp closed at record highs ahead of earnings season Monday’s advance is attributed to these factors: The positive price action buoying sentiment Expectations that the upcoming earnings season will include reassuring guidance News the Us will remove China from its currency manipulator list, thereby improving trade […]
$DIA $SPY $QQQ $RUTX $VXX Y 2020 extended Y 2019 action as the big tech names led and the smaller-caps lagged. While the S&P 500’s valuation chart may be giving some investors flashbacks to the Y 2018 market meltdown, the Bulls are resolute. Corporate earnings are expected to fall for a 2nd Q running, as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Late Friday US stocks came off from record-high marks as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gainers on the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the US government data showed, as the pace […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL, $AMD President Trump cheered as US stocks posted record high closes on Thursday as optimism about a US-China trade deal firmed and as Apple and other market heavyweights posted strong gains. “STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you […]
$RACE The 2020 Hagerty Bull Market list showcases the Top vehicles that its valuation experts project will appreciate in the coming year. Ferrari (NYSE:RACE) reputation was just making a comeback with the F355 in the late 1990’s when the company’s then Chairman, Luca Cordero di Montezemolo, decided to modernize the House of Enzo: Aluminum. Partnering with US […]
$RACE Iconic Italian luxury Supercar maker, Ferrari (NYSE:RACE) has become the latest manufacturer to join the European carmakers’ association (ACEA), the auto lobby said Tuesday. ACEA represents manufacturers of passenger cars, vans, trucks and buses with production sites in the EU and provides benchmark data on vehicle registrations. Ferrari’s membership took effect on 1 January, following […]
$GLD, $XAU, $SLV, $XAG, $USD, $NEM Gold rods to its highest mark since Y 2013 in the US session Monday, as rising tensions in the Middle East drives demand for havens, with Goldman Sachs (NYSE:GS) seeing more room to run. Palladium, the most precious, extended gains to a fresh record. Bullion neared 1,600 oz after […]
$RACE Ferrari (NYSE:RACE) team Boss Mattia Binotto says that Ferrari needs 2 experienced drivers for Y 2021. One is in the fold, the other might be on another team in Y 2020. In December, the team announced that Charles Leclerc’s current contract has been extended for 2 more years, taking his deal to the end […]
$DIA $SPY $QQQ, $RUTX, $VXX, $SOY, $CORN, $XAU, $CU, $USO This is our 1st What to Watch in the commodities sector, it is an overview of what to expect. The picture mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more. The year’s 1st full week of trading could […]
$RACE Ferrari believes its junior driver Mick Schumacher would be a “good candidate” for a F1 seat in the future. The son of 7X F1 world champion Michael, Mick Schumacher finished 12th overall in his maiden F2 season in Y 2019, scoring a victory in the reversed-grid race at the Hungaroring. He also completed his 1st […]
$MTAFD Metalla Royalty & Streaming Ltd. (TSXV:MTA) (OTCQB:MTAFD) is pleased to announce that its common shares have been approved for listing on the NYSE American LLC. Metalla expects its common shares will commence trading on the NYSE American as of market open on 8 January 2020 under the ticker symbol “MTA”. Metalla’s common shares will continue […]
$DIA, $SPY, $QQQ, $RUTX, $CSCO, $VXX Riding this Bull Market even higher… The S&P 500 (SPX) has climbed steadily over the past 10 yrs. And it still has a wide-open path. But you want to pick and choose the stocks you hold. Readers know I prefer the Aristocrat stock, those that are safe and reliable […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 Index gained 28.9% as Stocks enjoy best year since Y 2013 US financial markets will be closed Wednesday for New Year’s Day Tuesday, Wall Street’s major stock market indexes finished higher as the Santa Claus Rally driven by trade optimism, capped a decade of amazing returns in which […]
$RACE Ferrari’s (NYSE:RACE) upgraded F12 is louder, faster and meaner, is it the ultimate expression of V12 performance. Overall, of the “modern” Ferraris, the F12 Berlinetta is Tops in my book. It is as sexy to look at, as its sounds are to hear, and joy to drive aggressively. It is refined when cruising around town and […]
$RACE Ferrari (NYSE:RACE) reveals that it has begun work on its next-generation Hyper Supercar to replace the LaFerrari. During a recent interview with the automotive press discussing the company’s move into the SUV (FUV) market, Ferrari chief marketing officer Enrico Galliera revealed the new hypercar will arrive after Y 2022 and may adopt a different philosophy […]
$RACE To create the Roma, Ferrari started with the platform used for the Portofino convertible. Engineers strengthened and lightened the architecture and made it modular, so that it will support the company’s range of front-engined vehicles included in CEO Louis Camilleri’s near-term product roadmap of 15 new vehicles over the next 3 years, and 1 of those Supercars will be the Purosangue […]
$RACE Ferrari (NYSE:RACE) believes it will be the 1st F1 team to launch a Y 2020 racecar after committing to reveal date for its newest contender. The iconic Italian team will continue with the same driver line-up of Sebastian Vettel and Charles Leclerc, and is in the final design and homologation stage of its Y 2020 racer. Team […]
$RACE Originally planned for a bow in Y 2020, Ferrari’s FUV, the Purosangue, has been pushed up 2021. He said the FUV would ride on a version of Ferrari’s (NYSE:RACE) front-engined platform, a modular design whose latest iteration underpins the Roma gentleman’s sports car. The platform is capable of fitting V-6, V-8 and V-12 engines, along […]
$RACE Jose Froilan Gonzales was an unlikely-looking racing driver, he was burley, they called ‘El Cabezon‘ and he claimed Ferrari’s 1st world championship F1 race win. José Froilán González (5 October 1922 – 15 June 2013) was an Argentine racing driver, particularly notable for scoring Ferrari’s 1st win in a Formula One World Championship race at the 1951 British Grand Prix. He […]
$SPY, $DIA, $QQQ, $RUTX, $VXX, $BAC, $UBS, Analysts at Bank of America Merrill Lynch, described this Bull market as “primed for Q-1 2020 risk asset melt-up,” with the Fed and the ECB still providing ample support to portions of the market and economy that have shown some signs of softness aka printing money. UBS Global […]
$RACE 2020 will mark a 1st for Ferrari’s (NYSE:RACE) Charles Leclerc, given that it will be the only time in his single-seater career so far that he has remained with a team from 1 season to the next. Mr. Leclerc declares that he is looking forward to channelling his experience from his 1st year at […]
$RACE Louis Camilleri says it would be a conflict of interest to become CEO of F1 after being CEO of a F1 team. Ferrari (NYSE:RACE) will use its veto to kill all hopes of Toto Wolff becoming the next CEO of F1. Mr. Wolff has the desire to replace Chase Carey, who is likely to retire […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street closed little changed after P-1 China trade deal reached President Trump said Friday that the US has canceled plans to impose new tariffs on $160-B in worth of Chinese imports Sunday as part of a modest interim agreement that de-escalates a 17-month trade dispute between the world’s 2 […]
$RACE The most you can lose on any stock is 100% of your money, more if you are playing on margin. But when you pick a company that is really running, you can make a lot. For example: Ferrari’s (NYSE:RACE) share price has risen 185% in the last 3 years. Nice, if you bought and held the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump got one item on his wish list from the Fed’s meeting: a weaker Buck. The Dollar Spot Index erased its Y 2019 gains Wednesday after the FOMC left rates unchanged, and lowered its forecasts to project no move through Y 2020. Last week, Trump took to Twitter […]
$RACE Charles Leclerc says he would welcome Lewis Hamilton as a team-mate, amid rumours that Ferrari is attempting to lure the 6X F1 champion to the team. Mr. Hamilton’s MercedesAMG contract will expire at the end of next season, and was strongly linked with Ferrari across the Abu Dhabi Grand Prix weekend having allegedly met […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $CS Credit Suisse (NYSE:CS) analyst now predicts that a 4th round of QE (quantitative easing) will be needed before year’s end to ease mounting pressure in the short-term lending markets. He said QE-4 would help rebuild bank reserves, which have dropped as the Fed has shrunk its balance sheet. QE, […]
$RACE The Big Q: Want a Ferrari but cannot afford a Supercar? The Big A: There is another way to own a piece of the legendary Italian marque, buy the stock, it is up 65% YTD. A Ferrari (NYSE:RACE) fan could spend $215,000 on the Portofino, the company’s newest convertible sports car and entry level model, or […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US is unlikely to impose extra tariffs on a new $160-B swath of Chinese goods including toys and smartphones come this Sunday, Agriculture Secretary Sonny Perdue said. The looming 15 December deadline for new tariffs is 1 of a number of events this week putting concerns over trade back at […]
$XAU $GLD $GS Goldman Sachs Group Inc. (NYSE:GS) said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious Yellow metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA Rose 337 pts on Robust Jobs Data, China Trade Hopes Friday, White House economic adviser Larry Kudlow declared that President Trump’s policies and strategies have reshaped the US economy and has put Americans back to work. “America is working. We are in an American workers’ boom with respect […]
$RACE Ferrari (NYSE:RACE) has had few changes of it’s CEO over its 70-year history. After the death of founder Enzo Ferrari in Y 1988, there was Luca di Montezemolo, Sergio Marchionne and now Louis Camilleri, 64 anni. The task ahead for CEO Camilleri is growing the now listed Ferrari automotive business, expanding it globally as […]
$RACE Charles Leclerc and Sebastian Vettel will start the 2020 F1 season as equals, according to Ferrari team boss Mattia Binotto. Boss Binotto accepted the picture has changed after a campaign that saw Mr. Leclerc finish ahead of the 4X world champion in the drivers’ standings, claiming 7 Pole positions and 2 race victories. Mr. Vettel […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Jeremy Siegel believes President Trump will forge a trade deal with China by year’s end, if not he said stocks may on not be a disaster. If President Trump doesn’t reach a trade deal with China and “the tariffs get put on on Dec. 15 … I don’t know if […]
$RACE Investors can judge whether Ferrari (NYSE:RACE) is a good investment right now by following the lead of some of the best investors in the world and mirroring their ideas. There is no better way to get these firms’ immense resources and analytical capabilities working than to follow their lead into their best ideas. While […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The Commerce Secretary said the world’s 2 largest economies still needed to work out details about China’s purchases of farm products, some structural issues and an enforcement mechanism in order to ink an interim trade agreement that President Trump hoped to complete last month. President Trump, speaking in Europe Tuesday, […]
$RACE, $FCAU Ferrari NV (NYSE:RACE) has overtaken its former parent Fiat Chrysler Automobiles NV (NYSE:FCAU) in market cap by about a Billion. Ferrari, which split off from Fiat Chrysler in October 2015 January, has a market value of $30.09-B. Fiat Chrysler’s market cap is smaller at $29.113-B. The gap between the companies is set to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX There are powerful new players watching what you buy so it can tailor product offerings for you, they are the banks behind your credit or debit card. The banks want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. Banks […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market ended a record-setting week on a lower note. The S&P 500 slipped 0.4%, narrowing this week’s gainer to 1.0% while the DJIA -0.4%) and NAS Comp (-0.5%) recorded comparable losses, trimming their respective week-to-date gains to 0.6% and 1.7%. The final session of the week began […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, US stocks edged higher, and all 3 major Wall Street indexes marked record levels, as upbeat comments by President Trump on trade talks eclipsed some softer-than-anticipated economic data, as the DJIA posted its 100th record close since Trump took office. President Trump said the United States and China were […]
$RACE Ferrari (NYSE:RACE) is not used to losing. Its $250,000+ sports cars are the epitome of luxury, style, and exclusivity. When you see one cruising down the street, most people can’t help but stop and stare. Ferrari started as a racing company. Founder Enzo Ferrari handcrafted finely tuned speed machines whose sole purpose was to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street’s 3 major averages kicked off the trading week by closing at records Monday as signs pointed to progress between the United States and China on a trade truce, while a round of merger deals also helped buoy investor sentiment. President Donald Trump applauded the achievement. “Another new Stock […]
$DIA, $SPY, $QQQ, $RUTX, $XAU, $GLD, $VXX Conditions setting up for the Santa Claus Rally A year after the US stock market plunged on the Fed’s acts, many investors believe conditions are set for a rally to finish off Y 2019. A more accommodative Fed compared with a year ago is an important argument for […]
$RACE The Ferrari Motorsport Festival program, the flagship event of the Riyadh Car Show, has kicked off. Competizioni GT drivers James Calado, Miguel Molina, Giancarlo Fisichella, Andrea Bertolini and Olivier Beretta, took turns in the Attività Sportive GT cars on a track specially created for the event. James Calado and Miguel Molina were the 1st […]
$RACE Ferrari (NYSE:RACE) has stabilized over a year after the death of Sergio Marchionne. And Louis Camilleri who took over as CEO of Ferrari in July 2018 following the death of Sergio Marchionne has a somewhat softer touch. Ferrari stock has soared in the time since, and its future as a luxury brand is tightly […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Billionaire Ray Dalio said his macro hedge fund firm Bridgewater Associates does not have a net bet that the stock market will fall. A Wall Street Journal article published earlier Friday is “wrong,” Mr. Dalio wrote in a LinkedIn post. “I want to make clear that we don’t have any such […]
$RACE HQ’d in Maranello, Italy, founded in Y 1947, Ferrari (NYSE:RACE), designs, engineers, produces and sells luxury high performance sports cars and lots more. In addition to its racing and vehicle manufacturing operations, Ferrari licenses its brand to various producers and retailers of luxury and lifestyle goods and has recently tied-up with Giorgio Armani to revamp and […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Initial claims for the week ending 16 November were unchanged at 227,000 (consensus 216,000). Continuing claims for the week ending 9 November were up 3,000 to 1.695-M. The Key takeaway from the report is that initial claims have been more elevated than usual in recent weeks, suggesting perhaps that they have […]
$DIA, $SPY, $QQQ, $RUTX, $TGT, $VXX Target Corp. (NYSE:TGT) reached a record high after raising its F-Y (full-year) outlook again on strong sales and profitability, providing a safe haven after several retailers unnerved investors. The stock, the best performer in the S&P 500 Index Wednesday, had already soared 68% this year through Tuesday. Target raised […]
$RACE In the aftermath to their Brazilian Grand Prix Sunday, Ferrari (NYSE:RACE) may soon decide if their drivers; Sebastian Vettel and Charles Leclerc will race against each other or not. Messrs Vettel and Leclerc have been summoned to Ferrari’s Maranello headquarters, where they will be asked to explain their incident that took place on lap […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 declined 0.1% Tuesday in a mixed session. The retail industry was under pressure following disappointing quarterly results and guidance from Home Depot (HD 225.86, -12.99, -5.4%) and Kohl’s (KSS 47.02, -11.38, -19.5%) The NAS Comp climbed to a fresh record on the back of gains in mega cap tech companies even as the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.1%), DJIA (+0.1%), and NAS Comp (+0.1%) eked out incremental gains to close at record highs Monday. The Russell 2000 (-0.3%) closed in negative territory. Before President Trump, China has intended to take over the world. White House economic adviser Larry Kudlow proclaimed that President Trump will […]
$RACE Scuderia Ferrari Mission Winnow left Brazil with the worst possible result: no points following a collision between Sebastian Vettel and Charles Leclerc, which led to both of them having to retire from the race, after they had both been frontrunners right up the final laps. Start. Sebastian was on the dirty side of the track […]
$RACE Red Bull Racing’s Max Verstappen, 22 anni, secured Pole position for the 2019 Brazilian Formula One Grand Prix after finishing fastest in qualifying on Saturday. Lewis Hamilton had gone quickest in the 3rd and final practice session earlier in the day, but neither he nor Ferrari’s Sebastian Vettel were able to match Mr. Verstappen’s times in qualifying […]
Record run takes S&P 500 to 3100 and Dow to 28,000 The S&P 500 (+0.9%), DJIA (+1.2%), and NAS Comp (+0.8%) set new records this week, with the bulk of this week’s gains coming on Friday after NEC Director Larry Kudlow said a Phase One trade agreement was close to being reached. The small-cap Russell 2000 (-0.2%) […]
