$RACE by Michael Blanding FLASH: If you drive a Ferrari, you put premium petrol in the tank, you hit the motorway, and you step on the gas.” — Zlatan Ibrahimovic The Iconic Italian sports car maker Ferrari (NYSE:RACE) opens up about how it has achieved success by bucking industry trends. That purring engine. The buttery […]
$DIA, $SPY, $QQQ, $RUTX, $AAPL, $MU, $VXX FLASH: The S&P 500 closed at its highest mark this year. The S&P 500 gained 1.1% Thursday, bolstered by the notion of a Dovish Fed and persistently low US Treasury yields. Leadership from the S&P 500 information technology sector (+2.5%), driven by gains in Apple and Micron also […]
$RACE Ferrari (NYSE:RACE) were the favorites as they headed to the F1 season opener in Australia after dominating pre-season testing. But in the end they didn’t make the podium, let alone trouble the top step. The Big Q: Was talk of a genuine title tilt premature? The Big A: Ferrari boss Mattia Binotto does not […]
$DIA FLASH: The DJIA triggered a technical signal Tuesday that many participants believe could mean more gains for stocks, the pattern is known as the ‘golden cross‘. The chart pattern comes about when a short-term moving average moves above a longer-term moving average. Moving averages are popular trend indicators used by technical analysts. In the […]
$RACE Ferrari (NYSE:RACE) the Automotive Sector Aristocrat (1.0) Ferrari (NYSE:RACE) unique from any other automotive company, and from other luxury goods companies. There is huge support the quality of Ferrari’s Brand equity (it is the world’s #1 automotive brand), below is the list as we see it here at HeffX-LTN, some other analysts agree, as […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The latest fund manager survey from Bank of America showed the allocation to equities is at its lowest since September 2016 indicating that managed money missed the 2019 rally and will have to play catch up soon. The S&P 500 advanced 0.7% Tuesday, on Dovish expectations ahead of the […]
$RACE Ferrari N.V. (NYSE/MTA:RACE) announces that under the common share buyback program announced on 28 December 2018, the Company has purchased additional common shares as reported in aggregate form, on daily basis on the Italian Stock Exchange (MTA)(source:Ferari) as follows: TradingDate(dd/mm/yyyy) Stock Exchange Number of common shares purchased Average price per shareexcluding fees Considerationexcluding […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Cyclical sectors outperformed, follow-through buying interest came in on no new catalysts. Boeing (NYSE:BA) and Facebook (NASDAQ:FB) extend losses on familiar story lines Patience is the FOMC’s focus now, signaling that it went too far last year with its 4 rate hikes, so no interest rate hikes likely soon. […]
$RACE FLASH: This new F1 season is upon us, with this weekend’s Australian Grand Prix kicking off 2019, and Ferrari is the Team to focus on as I see it. Former F1 driver Martin Brundle turned F1 media pundit, believes “things were not right” at Ferrari last season, and that the Maranello Outfit got it […]
$RACE FLASH: Seb has named his new Ferrari F1 car Lina ahead of the Y2019 season. Since making his debut in Y 2008, Vettel has given each of his F1 cars a girl’s name and, despite moving from Toro Rosso to Red Bull Racing to Ferrari, has continued the tradition. The name is usually decided […]
$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Financials, Information Technology Weak: Materials, Communication Services, Industrials Highlights: Relative strength in the S&P 500 financial and information technology sectors Shares of Apple (NASDAQ:AAPL) continue to outperform following positive analyst coverage Facebook (NASDAQ:FB) is under criminal investigation for some of its data deals General Electric (NYSE:GE) issues FY 2019 earnings warning; CEO offers […]
$RACE Ferrari (NYSE:RACE) recently unveiled the new F8 Tributo, their latest addition to the impressive fleet of luxury supercars. Today the word is that Ferrari has much more in store for clienti and fans in Y 2019. Ferrari is planning to release a new hybrid supercar in just a few months, with 5 new models […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500 Breaks Above 2800, and President Trump Grounds Boeing’s 737 Max 8 Aircraft S&P 500 broke above the 2800 mark, and all 11 sectors finished in the Green Weakening USD was an area of support for the broader market and the earnings prospects for multinational companies President Trump […]
$RACE These videos are terrific, see all 3 for the full Ferrari (NYSE:RACE) impact. The Ferrari 458 Italia has played a core role for the iconic Italian brand since its debut in Y 2009 and has been in continuous states of improvement for 10 years. It has evolved through numerous stages and earned a new […]
$RACE Ferrari’s (NYSE:RACE) new SF90 F1 racer made its debut in pre-season testing with extensive branding for Mission Winnow, an initiative by title sponsor Philip Morris. But news had broken during the off-season that Australian authorities were investigating whether Mission Winnow complied with tobacco advertising laws, and Ferrari subsequently confirmed its cars would not carry Mission […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Small businesses see bright future ahead Most S&P 500 sectors finish with gains Softening Consumer Price Index for February reinforced notion Fed will be patient US Treasury yields even lower Optimism among small companies in the US improved in February, snapping a 5-month losing streak that was the longest […]
$RACE After falling down under team management pressure in the past 2 seasons, this now Ferrari’s (NYSE:RACE) Sebastian Vettel’s, 31 anni, chance to show he can deliver a long-awaited F1 title for The Scuderia. He is motivated by the Schumacher legacy and that the young and ambitious Charles Leclerc, 21 anni, touted as F1’s next […]
$RACE FLASH: Ferrari’s Vintage & Classic cars are the most expensive and sought after n the world, if you have the desire for 1 please contact us, our Ferrari Classics Team has over 100 years experience in the field. This show winner is just 1 of 4 1957 Ferrari 335S racers constructed, and Sunday took […]
$RACE Next week F1 is in Melbourne, Australia’s Albert Park for the season opener, and signs are growing that Ferrari (NYSE:RACE) have their strongest opportunity yet to break MercedesAMG’s hold on the Tier 1 motorsport. After 2 weeks of Winter testing in which The Scuderia showed a performance advantage Ross Brawn, their former technical director […]
$RACE Ferrari fans can see Good Omens, aware that Champion Michael Schumacher had to wait 5 years to win a title with The Scuderia, and that Sebastian Vettel, a 4X champion with Red Bull Racing, has reached a similar stage. Mr. Vettel also left pre-season testing in Barcelona with the fastest lap time. Ross Brawn, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Major averages recouped most of their losses and close near session highs The Securities and Exchange Commission (SEC) is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in 15 yrs the head of the agency said Friday. […]
$RACE FLASH: New Team principal has eliminated a culture of fear. Praise for the new Team Boss who has brought back the feel-good factor has been a fundamental part of the Ferrari F1 team’s pre-season. The Scuderia’s Mattia Binotto has eliminated the air of misery that hobbled the Maranello Team as its latest title bid […]
$RACE The new Ferrari F8 Tributo will most likely be the Aristocrat brand’s last non-hybrid berlinetta, with the company to reveal a new hybrid mid-engine Supercar within the next 3 months. A while ago our spies spotted a Ferrari test mule during a development drive in cold weather conditions, which is believed to be using […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The Big A for our readers that ask What does Ivanka Trump do? But 1st The S&P 500 lost 0.7% Wednesday, pulling back for the 3rd session running on profit taking in shares of energy, healthcare, and semiconductor companies leading the retreat. The economic data, as follows: The ADP […]
$RACE Iconic Italian Super carmaker Ferrari (NYSE:RACE) has announced that it plans to unveil its 1st hybrid supercar at the end of May. The Maranello Outfit’s CEO Louis Camilleri told reporters in Geneva that it is likely to be more powerful than a previous model leFerrari The combustion engine, a V8? will be smaller, stronger […]
$RACE FLASH: Sebastian Vettel on the hunt for his 5th World F1 Championship Every Ferrari (NYSE:RACE) driver feels a heavy burden of expectation but the pressure is mounting more than ever on Sebastian Vettel, 31 anni, as the enters his 5th season with F1’s most successful and glamorous team. The comparisons with great the Ferrari […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Next Fed rate hike several FMOC meetings ahead With inflation muted, but other risks to the US economy on the rise, the Fed’s patience on policy is nowhere close to running out, with 1 previously Kawkish central banker Tuesday signaling he could wait until at least June before touching […]
$RACE FLASH: They will all succeed current models or occupy entirely new slots in Ferrari’s Supercar lineup. Ferrari’s (NYSE:RACE) Vice President of Marketing Enrico Galliera said in an interview at the weekend that the Maranello Outfit has 5 new cars due for launch in Y 2019. “Five new models will come in 2019, which is […]
$RACE Polesitter Kyle Marcelli’s Racers Edge Motorsports Acura NSX held off Maximilian Buhk’s P1 Motorsports MercedesAMG GT easily into Turn 1, although Buhk had to very aggressively defend 2nd from Toni Vilander’s R. Ferri Motorsport Ferrari 488. Ultimately it was to no avail as the Finn grabbed second before the first lap was over. Another […]
$RACE Ferrari’s (NYSE:RACE) Sebastian Vettel wrapped up F1’s pre-season testing with the fastest lap for Ferrari on Friday but MercdesAMG’s Lewis Hamilton kept the Silver Arrow on the pace despite Ferrari’s half sec advantage. With teams packing up and heading home before the opening race in Australia on 17 March the evidence from 8 days […]
$RACE The Ferrari 488 GTB the powerful yet easy-to-drive Supercar that won Motor Trend’s 2017 Best Driver’s Car competition has been replaced with the Ferrari F8 Tributo. This new Supercar has a 3.9-liter V-8 engine making 710 hp and 568 lb-ft of torque. That’s up 49 hp and 7 lb-ft from the V-8 engine in the 488 GTB. Ferrari (NYSE:RACE) says the F8 Tributo […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US stocks finished flat on high volume We expect that US stocks will continue to move North new highs despite an earnings slowdown, that according to the patterns that are set/setting up now. HeffX-LTN is going contrarian Vs the Bears who are warning investors that the earnings slowdown will […]
$RACE Ferrari (NYSE:RACE) announced Wednesday that it has published its Y 2018 Annual Report and filed its annual report on Form 20-F, including financial statements for the F-Y ended 31 December 2018, with the SEC. Ferrari’s 2018 Annual Report and annual report on Form 20-F are available under section Investors on Ferrari’s corporate website at http://corporate.ferrari.com, […]
$RACE FLASH: Enzo Ferrari became the Man he wanted to be. This week Ferrari (NYSE:RACE) fans and clienti are celebrating Enzo Ferrari’s 121’st Birthday. And so, here is a list of the legendary Italian auto-builder’s most iconic road and track cars from the Aristocrat of the world’s automotive sector, plus some other models from its […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US stock markets pause on Powell’s testimony to Congress Markets opened lower and were cautious as Fed Chairman Jerome Powell testified before the Congress Tuesday. The Fed’s U-turn that took expectations for rate hikes this year to Zero has led to a drop in real borrowing costs and a […]
$RACE FLASH: Ferrari (NYSE:RACE) declares EUR 1.03/share dividend payable on 2 May for shareholders of record 24 April, ex-div 23 April. Ferrari will split the driving duties of Sebastian Vettel and Charles Leclerc for the final F1 pre-season test, with both drivers appearing on each day at Barcelona this week. Traditionally, Ferrari gives its drivers full […]
$DIA, $SPY, $QQQ, $RUTX, $VXX As February 2018 comes to a close, the S&P 500 has marked a big win and is set up for a winning year, if history is out guide. With a 3.7% gainer on this month, the benchmark for American stocks is on track for back-to-back gains at the start of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 advanced as much as 0.8% Monday after President Trump said he will extend the 1 March trade deadline, as negotiations with China have progressed favorably. The benchmark index retreated throughout the session as it tapped up against some mild overhead resistance, but finishing higher by 0.1% above […]
$RACE MercedesAMG’s Team Boss Toto Wolff sees similarities between Charles Leclerc, 21 anni, and a young Lewis Hamilton, as he expects the new Ferrari (NYSE:RACE) driver to be challenging for the F1 crown this year. After impressing for Sauber in his debut season on the F1 lineup last year, Mr. Leclerc was signed to replace […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: 9 of the 11 S&P 500 sectors finished higher with information technology (+1.3%), communication services (+1.1%), and healthcare (+0.9%) leading the advance. On the other hand, the financials (-0.2%) and consumer staples (-0.3%) sectors finished in the Red. Today, Americans’ views of the US economy and optimism about its […]
$RACE Ferrari (NYSE:RACE) finishes the 1st round of testing after another impressive day at the Circuit de Catalunya. But in terms of trying to understand the benchmark by which to judge the rest of the F1 teams, the Key man from the session was Charles Leclerc. The Ferrari driver set a 1:18.046 on the middle […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Americans filing applications for unemployment benefits fell last week, but the 4-wk MA rose to a more than 1-yr high, suggesting the labor market was slowing down. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 216,000 for the week ended 16 February the Labor Department said […]
$RACE Ferrari (NYSE:RACE) has a new F1 wheel rim design and is testing it testing at Barcelona The new solution was trialed on the 2nd day of testing, and the new wheel rim features a number of raised sections in order to control temperatures within the wheel. These draw heat away from the tires, ensuring […]
$GLD, $USD, $GOLD FLASH: The Real Story on Gold is the Gold Miners! A growing chorus of big managed money is turning increasingly bullish on miners as late-cycle angst and industry shifts make conditions ripe for a prolonged rally. Mining shares have gained at more than 2X the pace of the precious Yellow metal this […]
$RACE FLASH: I do not expect to see another Ferrari wearing the Dino badge, but…? The ‘Dino’ badge was created by Fiat to market a affordable sporty car capable of taking on the Porsche 911. Ferrari’s (NYSE:RACE) V12s exceeded the 911 in performance and price. Enzo Ferrari did not want to diminish his exclusive brand […]
$RACE FLASH: 60% of Ferrari’s lineup will offer hybrid variants by Y 2022 Ferrari (NYSE:RACE) is aligned with the times, we are about to see a shift in the company’s offerings in the next 10 years. Ferrari’s next-generation hybrid will be unveiled this year according to comments made by Ferrari CEO Louis Camilleri during its latest […]
$RACE Friday, Ferrari (NYSE:RACE) debuted its new 2019 F1 car at a special event in Italy, and the changes compared to last year’s racer are obvious. The new SF90 commemorates the iconic Italian luxury automaker’s 90th anni, wears Matte Red livery with black accents, as opposed to last year’s design of Metallic Red with white accents. The SF90 […]
$RACE Last December Ferrari (NYSE:RACE) CEO Louis C. Camilleri’s purchased company stock, and he is now in the Pole position to earn millions of dollars, as the company drives forward on all 12 cylinders. Last July, Ferrari announced MR. Camilleri, former Chairman & CEO of Philip Morris International, was to take the helm following the untimely death of CEO & Chairman Sergio Marchionne. At […]
$RACE The United Arab Emirates (UAE) is very well regarded for its glitzy nightlife and luxury shopping, yet it can now lay claim to something really exciting, at least for people like me. Dubai may be home to the greatest architecture of the modern age including the world’s tallest chocolate sculpture, but tucked away out […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The ‘easy money’ is coming off of Q-4 Sell-off January produced returns worthy of an entire year. Russell 2000 +11.7% YTD NAS Comp +10.0% YTD S&P 500 +8.0% YTD DJIA +7.6% YTD So, if you were in cash at year end, got the buy signal on 26 December then […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The ‘smart money’ is still refusing to chase the US stock market rally. While US stocks kept moving North posting their best January in 30 years, hedge funds managers aka smart money, held their cautious stance, trimming Longs while boosting Bearish bets along the way. At the start of […]
$RACE, $MO Ferrari (NYSE:RACE) sponsor Philip Morris (NYSE:MO) is adamant its Mission Winnow initiative fully complies with tobacco advertising laws, despite an investigation being launched in Australia over the issue. Mission Winnow’s sponsorship of Ferrari was launched at last year’s Japanese GP, and represents a new scientific and technological push from Philip Morris in a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: San Francisco Fed President Mary Daly said Friday afternoon that the central bank is debating whether QE (quantitative easing) should be reserved for emergencies or used more readily. Market turned; S&P 500 NAS Comp and RUTX finished in the Green, DJIA off a bit. The S&P 500 utilities sector […]
$RACE “Le Mans Berlinetta”, a name that explains why you may see a little bit of a Ferrari 250 Berlinetta Lusso in its design. That is because the car Ferrari used as basis was a 250 Berlinetta Lusso, and constructed with aerodynamic features from Ferrari’s most famous 1960’s racer (+); the 250 GTO. It has […]
$RACE Last week, the Ferrari Monza SP2 was named the Most Beautiful Supercar of 2018 by a panel of expert judges at the 34th Paris Festival Automobile International. This prestigious award was presented at a ceremony at the city’s Hotel National des Invalides attended by over 600 guests, including many leading exponents of the automotive and journalism […]
$RACE Investors in Ferrari’s stock (NYSE:RACE) saw new options begin trading on 4 February, for the September 20th expiration. A Key input that goes into the price an option buyer is willing to pay, is the time value, so with 225 days until expiration the newly trading contracts represent a possible opportunity for sellers of […]
$RACE These 2 LE Super Cars are Ferrari’s most powerful road cars of all time. Sight and Sound! When Ferrari (NYSE:RACE) took the wraps off of its retro SP1 and SP2 Monza Limited Edition cars aficionados cheered. They are unlike anything we have seen since Mercedes released its SLR McLaren Sterling Moss. The SP1 and SP2 are the 1st vehicles […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump will enjoy the backdrop of a solid economy as he delivers his 2nd State of the Union address Tuesday evening. The President will point to the latest signs of US economic strength: Friday’s jobs report showed that employers added the most jobs in January in nearly a year. […]
$RACE Ferrari (NYSE:RACE) plans to increase its F1 budget this season in a move to end the championship win drought, in a move that emphasizes its brand’s Grand Prix success. The iconic Italian supercar manufacturer has not won a title since its constructors’ championship success in Y 2008, and Kimi Raikkonen claiming its last drivers’ […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, new money came in and Wall Street gained with all 3 major indexes closing near session highs. Continuing optimism abounds on the prospects for US-China trade relations propelled technology shares. The S&P 500 index and the NAS Comp both closed above their 100-Day MA’s for the 1st time since […]
$RACE Last month, shares of the iconic Italian luxury sports-and-racing-car maker Ferrari (NYSE:RACE) rose according to the pattern that set up at the end of December, aka a Key reversal. According to data from S&P Global Market Intelligence, Ferrari’s shares rose just over 27% in January far outpacing the S&P 500 Index’s 7.87% gainer. Some of that increase was […]
$RACE 3X Le Mans 24 Hours class winner Risi Competizione is planning to return to the French endurance race this year. I learned Friday, that the Houston, Texas-based Ferrari team has filed an entry for the race under its own name for the 1st time since Y 2017. Risi is hoping to be on the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US Jobs Report for January provided reminder that US labor market remained strong despite growth worries, market volatility, and partial government shutdown. Plus, January ISM Manufacturing Index up higher than expected at 56.6 (consensus 53.6), business is good too. Foxconn Technology Group (2454:TW) said Friday that after its Chairman […]
$RACE The Maranello Outfit has begun customer deliveries for the 488 Pista Piloti Ferrari, the very-limited edition having completed its pre-delivery testing at the company’s track. Pictured above is an example of the 488 Pista PF that is now in the hands of its owner. Remember, that he Piloti Ferrari is only offered to those […]
$RACE,$FCAU Ferrari (NYSE:RACE) expects growth in core earnings to accelerate to 10% this year and CEO Louis Camilleri said he may raise targets for Y 2020, betting on new models and Special Editions at premium prices for its loyal clienti, and admirers. Thursday, after the earning’s call shares in the Italian luxury carmaker rose nearly […]
$RACE Thursday, 31 January Ferrari (NYSE:RACE) will release its latest earnings report. Here is the outlook for the iconic Italian supercar maker. Earnings and Revenue Wall Street analysts see Ferrari reporting EPS of 0.94/share on sales of $992.67-M. In the same Quarter last year, Ferrari reported EPS of 0.89/share on revenue of $1.05-B. If Ferrari matches […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US Federal Reserve Chairman Jerome Powell’s 1st post-meeting press conference of Y 2019 left market expectations for a rate hike this year an Big Q, and raised the chances of a cut in Y 2020. The Fed’s tone Wednesday cast doubt on the prospects of interest rates heading higher at […]
$GLD, $SLV, $USD The survey of 36 analysts and traders returned a median forecast for gold to average $1,305 oz in Y 2019, up around 3% from last year’s average and a touch higher than forecast in a similar poll 3 months ago. It predicted prices would average $1,350 in Y 2020, just below the […]
$RACE, $AMZN, $MSFT, Ferrari (NYSE:RACE) ran a victory lap to be awarded the title of the world’s strongest brand, according to a new survey. Amazon (NASDAQ:AMZN) remains the world’s most valuable brand, and there has been a strong performance from Microsoft (NASDAQ:MSFT). The survey comes from the Brand Finance Global 500 for Y 2019, which measures the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, White House economic adviser Larry Kudlow said the recent partial government shutdown inflicted “no permanent damage” to the economy. “I still think the economy is very strong,” the head of the National Economic Council that advises President Trump said at a White House briefing. “As I have said many times I […]
$RACE,$MS Ferrari (NYSE:RACE) could produce some all-electric cars, it will not renounce its commitment to internal combustion, because racing runs on gas. Racing has always been and continues to be everything to Ferrari Traditionally, Terrari scoffed at EVs. But it is true that the iconic Italian automaker added hybrid-electric technology to its ultra expensive HyperSuperCar […]
$DIA, $SPY, $QQQ, $RUTX, $VXX White House economic adviser Larry Kudlow says the indicators for the USA show that America is the ‘hottest economy’ in the world. He predicted the next monthly unemployment report will likely shock naysayers. Mr. Kudlow said the economy will snap back from any “glitch” created by partial government shutdown, as that […]
$SPY Our work shows that calls for this Bull Market’s end are premature if not uncalled for. We here at HeffX-LTN believe that stocks will break out to all-time highs this year. The case for a continuing Bull Market is based on a chart pointing to negative market sentiment. At the end of Y 2018 our […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 gained 0.2%, Dow Jones Industrial Average (+0.7%) and the NAS Comp (+0.1%) experienced uneven post options expiry trading action finishing in the Green. The Russell 2000 (-0.2%) did, too, but it finished in the Red. Most S&P 500 sectors finished higher with consumer staples (+1.2%) and utilities […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Fake News: reports of canceled trading meeting with Chinese officials untrue, there was No meeting planed to cancel. “The big meeting that everyone’s moving towards will be Vice Premier Liu He is coming at the end of the month, as I think everybody knows. That will be a very important […]
$GLD, $SLV, $USD Gold’s supply/demand prospects have caught the eye of 1 billionaire. “For the 1st time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. “Supply is shrinking and that is going to have a positive impact on […]
$DIA, $SPY, $QQQ, $RUTX, $GS In the US the richest 1%of households own 50% of all the stocks in the United States, a Goldman Sachs (NYSE:GS) executive declared Friday. Speaking publicly the investment bank’s Chief Economist, Daan Struyven said the number has risen sharply over the past 30 years. “The wealthiest 0.1% and 1% of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Industrials, Materials, Financials, Consumer Discretionary Weak: Utilities, Real Estate China’s willingness to eliminate the US trade imbalance. According to a report Friday, China made an offer during trade negotiations earlier this month to boost the amount of US imports, such that the trade balance with the US would be […]
$RACE Expect Ferrari (NYSE:RACE) is odds on of giving great Q-4 results and guidance on earnings at the end of this month. Shares of Ferrari are racing higher since 4 January Carrying a market cap of about $23-B, Ferrari is smaller than many of the industry’s more well-known players. But quality beats quantity, every time. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US market spiked on reports that the US is considering lifting tariffs on China imports during trade negotiations. US Treasury Secretary Steven Mnuchin has discussed the lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for 30 January. But […]
$RACE, $VLKAY John Elkann, Ferrari’s (NYSE:RACE) Chairman says the appointment of new F1 Team boss Mattia Binotto was not a result descents inside The Scuderia. Last week Mr. Binotto was promoted from technical chief to replace Maurizio Arrivabene as team principal, which led to media speculation that it could be one of a a number […]
$RACE Former F1 driver Martin Brundle turned F1 media pundit, believes “things were not right” at Ferrari last season, and that the Maranello Outfit got it right with the sacking of Maurizio Arrivabene as team principal. Lead driver Sebastian Vettel and Ferrari fought for the Y 2018 world championship but were defeated by Lewis Hamilton […]
The new Ferrari (NYSE:RACE) team principal, Mattia Binotto, 49 anni, now has the reins of The Scuderia’s F1 program, as he was chosen to replace Maurizio Arrivabene last Monday just 5 weeks before F1’s 1st testing in Barcelona. Mr. Binotto has taken on the most high-profile management role in motorsport. H inherited the Team that […]
$RACE Summary: Ferrari repurchased 78,055 common shares for €7.04-M till 10 January 2019, under the repurchase program announced on 28 December 2018. The company share repurchase resulted in 6.08-M common shares held in treasury as of 10 January 2019. As of the same date, the Company held 2.43% of the total issued share capital including the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks paused to refresh Friday after being up 10.4% since Christmas Eve, earnings season begins in earnest next week, Analysts have been very negative ahead of this coming reporting frame. Earnings reports start next week with results from the big banks. And the warnings have been the most dire in […]
$GLD, $SLV Goldman Sachs Group (NYSE:GS) leading the Bullish pack on Gold. The New-York based bank’s analysts led by Jeffrey Currie raised their price forecast for Gold, predicting that over the next 12 months, the precious Yellow metal will climb to $1,425 oz, a mark not seen in more than 5 years. Bullion has benefited […]
$DIA, $SPY. $QQQ, $RUTX, $VXX No recession in sight, No rate hikes ahead. Thursday, Federal Chairman Jerome Powell said the US central bank has the ability to be patient on policy given inflation is stable, allowing it to assesses whether the US economy will slow this year as some in financial markets worry.initial comments boosted […]
$RACE The Big Q: Can Ferrari really rally back to $153/share and higher? The Big A: Shares of Ferrari are participating in this rally and racing higher since bottoming at 93.85 on 27 December and reversing. The shares gaped up on the open and finished at 111.19 on Wednesday, 9 January in NY, or 2.40% […]
$AEMC Steven Machat, entertainment producer. author and provocateur has signed up with Archer Entertainment Media Corp. (OTCMKT:AEMC) to manufacture entertainment properties, including movies, television, and to head the firms music division. Mr. Machat, the author of 6 books, including “Gods, Gangsters & Honor,” and his latest, “Spiritual Insomnia.” Mr. Machat spent the last 40 years […]
Tesla’s (NASDAQ:TSLA) M-3 Production Spike Not Sustainable $TSLA Recall that on 30 November it was reported that Tesla (NASDAQ:TSLA) produced 1,000 M-3 sedans in 1 day, the reports were based on a leaked internal e-Mail from CEO Elon Musk to all employees. Shares shot up on the news, as has happened after prior spike in […]
World Wide Stocks Surge on US- China Trade Truce $DIA, $SPY, $QQQ, $SOY FLASH: President Donald Trump says on Twitter that China has agreed ‘to reduce and remove’ 40% tariffs on cars from the United States. Futures on the DJIA are currently up 488 points after Presidents Trump and Xi agreed to a 90-day halt […]
Wall Street Bets Yes, President Trump’s America First Policy Working $DIA, $SPY, $QQQ Friday, US stocks rose as investors bet on progress in US-China trade meeting Saturday, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in almost 7 years. DJIA saw its largest weekly advancer in 2 years, as investors […]
Tesla (NASDAQ:TSLA) Looking Back Over the Past Year.5 $TSLA In the wake of his recent Axios interview of Tesla (NASDAQ:TSLA) CEO Elon Musk broadcast a lot of stuff to his listeners and devotees. Much is hyperbole, some is fact. Below are of some things that happened at the fledgling US EV maker over the past year.5, as […]
For Tesla (NASDAQ:TSLA) Winter is Trouble $TSLA For Tesla (NASDAQ:TSLA) there is chance to end the year on a high note, but Winter is coming and in much of the US pre-Winter is here. 1-H of Y 2018 was disappointing for Tesla given the many M-3 delays, the company did deliver a profit in Q-3, […]
Tesla’s (NASDAQ:TSLA) Used EVs, the ‘Water in its Backyard’ $TSLA With more used EVs coming in, Tesla (NASDAQ:TSLA) is said to be partnering with car auction firms in an effort to sell out those used cars. According to a new report in the media, Tesla is working with Manheim and Adesa KAR to sell larger […]
Tesla (NASDAQ:TSLA) Despite the ‘Good News’ Faces Major Challenges $TSLA Tesla (NASDAQ:TSLA) is still facing many major challenges. The US Securities and Exchange Commission (SEC) is examining past claims about production goals. The Commission, in rejecting a request by the NY-T’s under the Freedom of Information Act for a transcript of Mr. Musk’s deposition in […]
Bitcoin (BTC) Price Looks Like a Further Fall into Bear Market Territory $BTCUSD Bitcoin’s (BTC) reversal of the recent uptrend in prices is gathering pace and a drop deeper into Bear Territory below $6,200 is now a possibility, technical charts indicate. The leading cryptocurrency found acceptance below the lower edge of the rising channel Thursday, invalidating the […]
Tesla (NASDAQ:TSLA): Robyn Denholm New Board Chairwoman $TSLA Wednesday night, Tesla (NASDAQ:TSLA) announced Robyn Denholm has taken Elon Musk’s place as Chairwoman of the company’s board. She is also leaving her role as CFO and Head of Strategy at Telstra, Australia’s largest telecommunications company, once her 6-month notice period with Telstra is complete, and will be working as Tesla […]
Two Years In, President Trump Holds Stock Market Bragging Rights $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, US stocks rallied with broad gains led by the technology and healthcare sectors as investors made bets that a divided Congress would be good for equities. Democrats won control of the House Tuesday, while President Donald Trump’s Republican party […]
Tesla (NASDAQ:TSLA) There is No Clear Evidence that 2018 Production is ‘Sold Out” $TSLA There is no evidence that Y 2018 production has sold out. Norway registrations continue to deteriorate. LIBOR rates are rising again in Q-4. Tesla is a Trap! It has been almost weeks since Tesla (NASDAQ:TSLA) reported its Q-3 earnings, sending the […]