#PresidentTrump, #C19Coronavirus, #US #China #economy, #WhiteHouse, #NYSE $DIA $SPY $QQQ $RUTX $VXX Tuesday, President Trump publicly criticized Dr. Anthony ‘Doom’ Fauci for his comments on the C-19 coronavirus chaos, and said the US is in a “good place” despite a rise in virus cases. “Well, I think we are in a good place. I disagree […]
#Ferrari #F1 #GrandPrix #Austria #upgrades #BLM #RACE #SF1000 $RACE Ferrari (NYSE:RACE) to introduce some of the upgrades it intended to bring to the Hungarian Grand Prix at F1’s 2nd race in Austria at the weekend. F1 came back in style at the Austrian Grand Prix, sans the unwelcomed #BLM (Black Lives Matter) Marxist terrorists political […]
#brokeout #stock #bullish #cash #infrastructure #concrete #pipe #expansion #support #resistance #precast #water #management $FRTA Forterra, Inc. (NASDAQ:FRTA) broke out on 15 June at 9.79 and confirmed it on 30 June at 11.16, it closed Monday at 12.37 Vs its 52 wk high at 15.42. The Street’s consensus is 11.60 now. Forterra is underappreciated, it is […]
#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]
#gold #miners #precious #metals #gold #silver # investors #pattern #coronavirus #bullish $HUI $GDX $RING $SGDM $GDXJ The rising prices of precious metals since March have boosted the mining sector and now we are seeing sharp Northside ticks across many Key mining funds. Here we look at some of them to get an idea of the […]
#F1 #Austria #GrandPrix #Ferrari #Leclerc #MercedesAMG #Bottas #McLaren #Norris #BLM $RACE MercedesAMG’s Valtteri Bottas led the GP from the start, McLaren’s Lando Norris briefly took 2nd before Max Verstappen retook the place by Turn 3. Lewis Hamilton tried to pass Mr. Albon at Turn 4, could not. Mr. Albon passed Mr. Norris for 3rd when […]
#F1 #AustrianGrandPrix #racing #Sunday #races #Europe #ESPN #Ferrari #MercedesAMG $RACE Sunday’s season-opening race at the Red Bull Ring is actually the first of an Austrian doubleheader to begin F1’s condensed 2020 schedule, as the 4.318-kilometer track in Austria will host another F1 race next weekend. The 8 races currently confirmed on F1’s 2020 schedule are packed into […]
#F1 #Austrian #GrandPrix #Ferrari #MercedesAMG #RedBullRacing #Vettel #Leclerc #Bottas #Hamilton $RACE After Saturday qualifying; race Sunday At Red Bull Ring Spielberg, Austria Lap length: 4.32 kilometres Third session 1. Valtteri Bottas, Finland, MercedesAMG, 1 minute, 02.939 seconds. 2. Lewis Hamilton, Great Britain, MercedesAMG, 1:02.951. 3. Max Verstappen, Netherlands, Red Bull Racing Honda, 1:03.477. 4. Lando Norris, Great Britain, […]
#Ferrari #F1 #RACE #GrandPrix #Scuderia #Mugello #Italy #SF100 $RACE Ferrari (NYSE:RACE) wishes to host and celebrate their 1,000th F1 race at the team’s Mugello circuit a week after this year’s Italian Grand Prix, team boss Mattia Binotto said Friday. Speaking during a news conference at the season-opening Austrian Grand Prix, Boss Binotto said the plan […]
#Ferrari #IndyCar #racing #Penske #Scuderia $RACE The Big Q: Is the Scuderia getting close to IndyCar racing? Roger Penske revealed Wednesday that he as the new owner of IndyCar and the Indianapolis Motor Speedway is working to land Ferrari (NYSE:RACE) to become the series’ 3rd engine and chassis manufacturer. “I have been personally championing, alongside […]
#guns #SmithWesson #StrumRuger #cunsumers C19coronavirus #BLM #election #PresidentTrump #defundthepolice #antifa #FBI $RGR $SWBI Smith & Wesson, Sturm Ruger Rally as Consumers Rush to Buy Guns US gun store owners say sales will continue to rise at least until the Presidential election in November. And financial analysts are ratcheting up their revenue estimates for gunmakers after […]
#Ferrari #F1 #GrandPrix #Austria #Hungary #racer #Scuderia $RACE Ferrari (NYSE:RACE) will run the same specification race car that it ran at the end of testing in February at this weekend’s season-opening Austrian Grand Prix, perhaps giving rivals MercedesAMG and Red Bull Racing, who both have upgrades ahead of the 1st race an advantage. Ferrari was […]
#IndependenceDay #US #stock #markets #DJIA #NFPs #jobs #investors #PresidentTrump #economy #WhiteHouse #PPP #vaccine #C19coronavirus $DIA $SPY $QQQ $RUTX $VXX Stocks rose Thursday and gained on the week, as investors cheered the resiliency of a US economy that created nearly 5-M jobs in June and the number for May revised to nearly 3-M. President Trump said June’s better-than-expected […]
#materials #ferrous #metal #steel #copper #lead #recycler $SCHN Schnitzer Steel Industries Inc. (NASDAQ:SCHN) is signaling that it is time to step back into traditional American stocks. Its hares closed Tuesday at 17.64 and have a consensus price target of just 16.00. SCHN is a 115 anni, American scrap metal recycler who’s stock broke out on […]
#Ferrari #F8Spider #streetracer #supercar #Monza #wildatheart $RACE This 710-hp Ferrari F8 Spider is a street racer and a loud errand runner, aka ‘Wild at Heart’ Every new Ferrari Supercar is engineered to post fast laps at Fiorano and/or Monza, no matter that the majority will never see a race circuit. That mindset makes the Ferrari F8 Spider easy to […]
#gold #COMEX #coronavirus #bullion #metal #inflation #HefCap #Fed $XAU $GLD Gold futures rose above 1,800 oz for the 1st time in more than 8 yrs as low interest rates, China tensions and virus chaos are driving demand for the precious Yellow metal as a safe-haven. Bullion for August delivery rose as much as 1.3% to […]
#aid/relief #businesses #rally #Fed #FOMC #Congress #PPP #economy #PresidentTrump $DIA $SPY $QQQ $RUTX $VXX Fed Chairman Powell and Treasury Secretary Mnuchin testified before the House Financial Services Committee about the measures taken to support the economy. Treasury Secretary Steven Mnuchin told Congress Tuesday that The Trump Administration wants the next round of economic aid/relief to […]
#Ferrari #Aristocrat #Luxury #automotive $RACE Ferrari (NYSE:RACE) share price Tuesday is at 170.98 just 5.9% off it’s all time highs on low volume. The pattern suggests that the sellers are exhausted and the selling is over. This scenario looks to be a buying opportunity for the next leg up. The Support is Strong at 170.68 and the […]
#VShapedRecovery #economy #C19coronavirus #recovery #NYSE #stockmarket #rally #bullish #resiliance $DIA $SPY $QQQ $RUTX $VXX The US economy is displaying remarkable resilience and is still seeing a “V-shaped recovery” despite some setbacks in efforts to reopen state economies that had been shuttered by the C-19 coronavirus. “At the moment, the story looks very good. We are […]
$KSU $NSC,$UNP The 3 major US railroad stocks got hammered mid-March but reversed and broke out in 2-H of May marking post-virus highs in early June, they have all settled back and a flashing Buy signals for both short and long term investors now. Kansas City Southern (NYSE:KSU) was reiterated as Buy and its price […]
$DIA $SPY $QQQ $RUTX $VXX Thursday, Top White House economic adviser Larry Kudlow said the US economy will not shut down again and cripple the strong economic recovery. Mr. Kudlow said there will be “spikes and hot spots,” that might force shutdowns “in individual places or certain stores.” But the American people will/can “have to […]
$MIK Michaels Companies (NASDAQ:MIK) is the largest Arts & Crafts retail chain in North America, it also owns several brands that enable it to offer arts, crafts, framing, floral, home décor and seasonal merchandise to decorators. MIK has made an impressive recovery during the last 3 months off a 18 March closing low at 1.00/share. […]
$DIA $SPY $QQQ $RUTX $VXX Successful investing is about managing risk, as it cannot be avoided. Americans are optimistic about the long-term health of the US stock market, despite being pessimistic about how investments will hold up short term, a Wells Fargo/Gallup survey said. Most people are eager to invest, especially to build their retirement […]
$DIA $SPY $QQQ $RUTX $VXX Inflation in the US is likely to come back slowly, keeping the Fed from raising interest rates for an extended period. Over the next couple of years, prices are likely to increase to the 2.3% to 2.4% level, as the Fed has learned its lesson from past interest rate increases […]
$DIA $SPY $QQQ $RUTX $VXX The US the economy has started to benefit from a V-shaped recovery Markets are benefiting from both liquidity and optimism that the C-19 coronavirus chaos will fade away or be contained. But, it take some time before we come all the way up and get back to Y 2019 marks. […]
$EOG $OXY This year, investors in Oil & Gas saw deep dives in share prices that were wilder than wild if not prepared. When Crude Oil goes from 67 to 10 bbl in a few months, there is serious pain that the best run companies found hard navigate without some damage. EOG Resources (NYSE:EOG) was […]
$NOW Here is a solid pick for the more aggressive growth accounts, aka Portfolio Alpha. ServiceNow had a strong Y 2019 and is still a Top pick. ServiceNow Inc (NYSE:NOW) develops and sells a hosted, subscription-based suite of services designed to automate various IT department functions, such as help desk, operations management and change/release management. Also, […]
$ELY Callaway Golf Co. (NYSE:ELY): The company’s 18 May breakout is confirmed We see it as a Strong Buy with a target price of 23/share. ELY finished at 16.43+0.64 (+4.05%) on the close: 4:00p EDT, and is indicated at 16.50 +0.07 (0.43%) Before hours: 4:33a EDT Wednesday. There is Strong Support at 14.12 and Key resistance at […]
$DIA $SPY $QQQ $RUTX $VXX I expect stocks to consolidate in an uptrend the Bull run off the 23 March lows then rally into the end of the year. I have been tracking the Y’s 2009-2020 action since the March C-19 coronavirus chaos, and it looks uniquely the same. If I am right, we will […]
$DIA $SPY $QQQ $RUTX $VXX This stock market rally has more to run and investors are under-pricing the scale of the world’s C-19 coronavirus chaos recovery “While the last four months have been exceptional, we think that this cycle has been, and will be, more ‘normal’ than appreciated,” said Morgan Stanley’s chief cross-asset strategist in […]
$PLAY Dave & Buster’s Entertainment Inc. (NASDAQ:PLAY) was hammered over the course of the C-19 coronavirus chaos, but things may be turning around for this company, as the stock turned Bullish on 12 June. SunTrust Robinson Humphrey upgraded Dave & Busters to a Buy rating from Hold and raised its price target to 22 from […]
$SPY $SPX $DIA $QQQ $RUTX $VXX Here is how the stock market trades after 5.0%+ selloffs like we saw last Thursday The S&P 500 fell 5.9% last Thursday, marking its worst 1-day decliner since 16 March and its 5th fall of at least 5% in the past 3 months. It was the worst decline since […]
$VIAV Viavi Solutions (NASDAQ:VIAV) intuitive instruments, systems and technologies helps service providers and IT organizations manage the network lifecycle for complex 5G and Fiber networks. Given the progress related to its field work and its compelling valuation, we are looking at it closely as our Key indicators turn from Neutral to Bullish and Very Bullish. […]
Williams-Sonoma Inc. (NYSE:WSM): Lockdown orders have brought consumers a newfound appreciation of their home kitchens. The stock closed Thursday at 79.50 and have a consensus price target at 76.56. The San Francisco, California HQ’d company runs 5 segments, which include popular names like West Elm and Pottery Barn. The stock has been on a Bull […]
$DIA $SPY $QQQ $RUTX $VXX Traders established fresh Bullish positions last week by buying 35.6-M new Call options on stocks, up from a high of 28.7-M in February, when speculative activity was rampant. Options traders make big bets on rising prices. This kind of activity could lead to negative returns in the S&P 500 and […]
$AMC AMC (NYSE:AMC) released its Q-1 earnings report after hours Tuesday, which missed on both Top and bottom lines after closing down all its theaters for the C-19 coronavirus chaos. The movie theater chain, which expects to be “fully open globally” by July as it reopens, risks not surviving the medical emergency chaos over high […]
$PCG $BAC $JPM Northern California’s utility giant PG&E Corp. (NYSE:PCG) is readying an $11-B debt-financing package for investors as soon as next week as the company prepares to exit Chapter 11 bankruptcy reorg. The financing includes $4-B of high-yield bonds and a $750-M term loan led by JPMorgan Chase & Co. (NYSE:JPM). The remaining package […]
$HBAN Huntington Bancshares is a call for aggressive portfolios as it just turned Bullish after having been hammered during the chaos selloff in March. Huntington Bancshares Inc. (NASDAQ:HBAN) operates as a holding company for the Huntington National Bank, which provides commercial, small business, consumer and mortgage banking services. Recently it announced it is contributing $150,000 through The […]
$AQST Friday, Aquestive Therapeutics Inc. (NASDAQ:AQST) was reiterated a Buy and its price target was raised to 15 Vs 5.75 close at HC Wainwright, as a royalty program it is involved in with Sunovion Pharmaceuticals, a Private company, received FDA approval. The consensus target is 17.17 Vs a 52 wk trading range of 1.41 -10. […]
$BA Friday, RBC rated Boeing (NYSE:BA) with an “outperform” rating and a $164 price target. But, when the real opportunity presented itself during the C-19 Coronavirus chaos crash the experts were silent. Below 90, BA stock was a blind Super buy. Most of Wall Street missed it, but the Saudi sovereign wealth fund and others bought […]
$DIA $SPY $QQQ $RUTX $VXX Americans locked at homes for 9 wks are anxious to participate in a C-19 coronavirus experiment that begins this Memorial Day weekend, with all 50 States open at least in part. People are filling resorts, casting aside masks at the mall and eating out. That freedom will boost an economy […]
$DIA $SPY $QQQ $RUTX $VXX For years, the high-yield saving products were a success for both consumers and financial institutions alike. After getting almost Zero interest from big US banks, individuals who parked their excess cash with the likes of Ally Financial Inc., Barclays Plc, Goldman Sachs Group Inc.’s consumer bank, Marcus, or HSBC Holdings Plc’s HSBC Direct […]
$DIA $SPY $QQQ $RUTX $VXX Monday, US stock index futures edge higher Monday evening following a sharp rally in the broad market. Markets were bolstered after Fed Chairman Powell said Sunday night that he saw a path, toward an economic recovery from the C-19 coronavirus chaos in 2-H of Y 2020 and emphasized that he […]
$CVX Chevron (NYSE:CVX) is the integrated Crude Oil leader and a safe way for investors looking to be positioned in the energy sector. The company is a US-based integrated Oil & Gas company, with worldwide operations in exploration and production, refining and marketing, transportation and petrochemicals. The company pays a sizable dividend and has a […]
$QSR Restaurant Brands International Inc. has announced its plans for reopening dining rooms across its portfolio of fast-food chains, including Popeyes Louisiana Kitchen, which barely lost momentum despite the spread of C-19 coronavirus and is set up for a stronger recovery, according to analysts. In an open letter from Restaurant Brands CEO Jose Cil, the […]
$SRNE Sorrento Therapeutics (NASDAQ:SRNE), a Southern California-based biopharmaceutical company, says it may have found a way to eradicate the C-19 coronavirus. Sorrento announced it has found an antibody that could protect the body from the coronavirus and eliminate it from a person within 4 days The company formally announced its discovery of the STI-1499 antibody, which […]
$DIA $SPY $QQQ $RUTX $VXX Former New Jersey Governor Chris Christie (R) called for businesses across the country to reopen with safety measures Friday, saying that the C-19 coronavirus chaos cannot control when parts of the country open. He wrote in a commentary that additional lives will be lost “as a result of reopening our […]
$RACE Scuderia Ferrari Mission Winnow (NYSE:RACE) announced Thursday that Carlos Sainz will drive for the team in the Ys 2021 and 2022 seasons of the F1 World Championship. “We have embarked on a new cycle with the aim of getting back to the top in Formula 1. It will be a long journey, not without […]
$RACE Ferrari (NYSE:RACE) has spoken of plans to add a V6 turbo to its engine lineup without dropping its 2 other benchmark engines the V12 and V8. The brand’s SVP of commercial and marketing, Enrico Galliera said, “So the technology we are going to have, V12, V8, V6 turbo. Hybrid will give us the possibility to have […]
$DIA $SPY $QQQ $RUTX $TSLA $VXX Tesla (NASDAQ:TSLA) CEO Elon Musk, with 34-M Twitter followers, has openly defied an order from the Alameda County Health Department to conduct only minimum operations at the company’s EV plant in Fremont, California, that normally employs 10,000 people. On Twitter he made derisive comments about the county’s Top health […]
$DIA $SPY $QQQ $RUTX $VXX US households expect the stock market to go higher in the next 12 months, as their own finances slide, according to a Federal Reserve Bank of New York poll. Americans saw better than 50-50 odds of higher stock prices over the next yr for the 1st time since data collection […]
$RACE Motor racing great Mario Andretti would love to see Italian carmaker Ferrari (NYSE:RACE) join the North American Indycar series as a chassis and engine supplier. Mr. Andretti, one of 4 drivers to claim both the F1 and IndyCar drivers championships, said in an interview Sunday that IndyCar series owner Roger Penske and Ferrari team […]
$RACE Mr. Leonardo Fioravanti, 81 anni, is the designer behind much of the magic produced by Carrozzeria Pininfarina in the 1970’s and ’80’s and is celebrated as such by Ferrari (NYSE:RACE) afficianatoes world wide. To those that know, this affable, manicured gentleman is perhaps the most revered man in modern Ferrari design He is responsible […]
$XAU $GLD $VXX $USD The Big Q: How High is Too High for the precious Yellow metal? Q-1 of Y 2020 was positive for gold prices, as the chart below shows. The precious Yellow metal gained 6.2% from 31 December 2019 to 31 March 2020, moving from 1,515 to 1,609 oz. In April, gold rallied to 1,693, increasing […]
$DIA $SPY $QQQ $RUTX $VXX Friday, President Trump said that he is in no hurry for Congress to pass more C-19 coronavirus related stimulus measures to help the economy. “We are in no rush,” President Trump said while meeting with House Republicans who spent an hour taking turns complimenting and congratulating the President for his […]
$DIA $SPY $QQQ $RUTX $VXX Big Tech stocks turn higher on the year and an ETF that tracks the biggest among them has grew to a $100-B market value. None of the economic damage wrought by the C-19 coronavirus chaos has kept investors from investing in companies that stand out for their strong balance sheets […]
$RACE There is no question that the C-19 coronavirus chaos has ripped its way through almost every aspect of life as we knew it in February. Even Supercar manufacturing was not immune to the effects of the medical emergency that swept the planet. Exclusive automakers the world shut down operations, including Ferrari (NYSE:RACE). But, things have turned […]
$RACE F1 has presented its long-term roadmap for budget reduction to the teams, with a decision expected next week. It is understood that figures include a cap set for $145-M in Y 2021, coming down to $140-M in Y 2022 and then to $135-M for Ys 2023-25. The targeted numbers are acceptable to midfield teams […]
$DIA $SPY $QQQ $RUTX $VXX President Trump’s popular support eroded that of the presumptive Democratic Presidential nominee, Joe Biden as he is struggling for visibility with voters during the C-19 coronavirus chaos, according to a Reuters/Ipsos poll released Tuesday. The opinion poll conducted Monday and Tuesday found 43% of registered voters said they would support […]
$DIA $SPY $QQQ $UTX $VXX Last week’s action President Trump is now Laser focused on Opening Up America The S&P 500 hit the 78% Fibo retracement of the selloff. After a good 3rd leg, the market is ready for a test, how deep a test is the Big Q. We are watching the leaders to […]
$RACE Ferrari (NYSE:RACE) launched the “Installation Lap” phase, safety training primarily for employees involved in the resumption of production from Monday, 4 May. The Company has dedicated several days to this crucial phase. It has decided to put before the start of production the training sessions for workers, in particular, on the best precautionary measures […]
$RACE “The art of making small gains is knowing what to improve and how to do it successfully.“– Enzo Ferrari That is the Key, and this relies on experience. So, while Jaguar burst on to the Le Mans scene in the 1950’s, suddenly with great success, it may be easy to forget that, in the background, the […]
$RACE Ferrari (NYSE:RACE) normally high energy factory and HQ’s stood mostly deserted earlier this week, except for the line of Red Dressed Scuderia employees waiting to have their blood drawn and tested for coronavirus antibodies. The iconic Supercar maker is to restart operations at its Maranello and Modena plants on 4 May, as Italy is […]
$DIA $SPY $QQQ $RUTX $VXX Friday, all 11 S&P 500 sectors opened and closed in the Red. The energy (-6.0%) and consumer discretionary (-4.6%) sectors took the biggest hits, and the consumer staples sector (-1.2%) declined the least. Investors had to contend with President Trump threatening new tariffs on China for its handling of the […]
$DIA $SPY $QQQ We are seeing investors transitioning away from fear surrounding the coronavirus, and are focused on stocks and fundamentals. “The thing that’s gone on the most over the last couple of weeks is … this transition into a ‘more normalized ways of looking at the market,’”chief investment strategist at BMO Capital Markets said […]
$EMR St. Louis, Missouri based Emerson Electric (NYSE:EMR) is best known for its consumer products, gets nearly 33% of its sales from energy. Wednesday, EMR gained 2.68% or 1.54 pts to close at 59.07 with trading volume of 2,895,981/shares. It opened the trading session at 59.00, the shares rose to 59.66 and dropped to 58.38, […]
$RACE Ferrari (NYSE:RACE) said Thursday it would restart operations at its Maranello and Modena plants on 4 May, as Italy is set to start lifting its lockdowns. The 2 plants are located in Italy’s northern Emilia-Romagna region have been closed since mid-March when Rome imposed curbs on people’s movements and froze manufacturing activities deemed as […]
$DIA $SPY $QQQ $RUTX $USO $USD $GLD $VXX Thursday, the market opened in the Red as some profit-taking into April’s month-end happened. The market has been climbing that wall of worry the last few sessions improving the charts in all 3 major US stock market indexes, and thus turning all Key technical indicators Very Bullish. […]
$DIA $SPY $QQQ $RUTX $VXX The stock market is blocking bad news now and is saying the “worst is behind us“ It is the Key rationalization for the expansion, expansion to the point where the S&P 500 is trading today at a higher P/E multiple based on forward 12-month earnings 19.7X than it was trading […]
$DIA $SPY $QQQ $RUTX $USO $VXX Investors are pinning their hopes for the reopening of the US economy on the potential for wider availability of testing for COVID-19 cases and on drug trials for treatments of the disease. We have been letting doctors, who have shown the same propensity for predicting this virus as weathermen […]
$RACE By the mid-1960’s, the age of the mid-engine performance sports car was upon us. F1 switched to a mid-engine format and the age of front-engine sports racing cars was coming to a close. Enzo Ferrari sold road cars to keep his racing operations financed, and although the marque had switched to mid-engine layouts in […]
$RACE Ferrari (NYSE:RACE) has not shifted it iconic focus and the coronavirus chaos has not disrupted its plans to expand its model range this year, as it confirmed the 2 models it planned to introduce later in Y 2020 are on schedule. “We are always planning to do more, and we intend to make news. We […]
$RACE Ferrari (NYSE:RACE) said it is committed to F1 after reports Thursday that the sport’s oldest and most successful team could walk away if a proposed budget cap for Y 2021 was set too low. Seems like Liberty Media got the word loud and clear. Ferrari was prepared to quit F1 it was declared in […]
$RACE Ferrari (NYSE:RACE) team Boss Mattia Binotto has warned the team could walk away from F1 if budget caps are slashed following the coronavirus chaos. According to reports, discussions last week suggested the cap for Y 2021 could be cut from $175-M to $145-M and then to $130-M for Y 2022. No agreement was reached […]
Shayne and I expect to see an increase in risk-on exposures as money managers are now positioning for a slowing rate of coronavirus contagion growth. Despite the buying by some aggressively Bullish hedge funds, macro hedge funds, which place bets on macroeconomic trends using index, currency and interest rate strategies, are still sellers. So, now […]
$RACE Workers at Ferrari (NYSE:RACE) are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious plan that may serve as a blueprint for manufacturers around the world anxious to restart production. Under its “Back on Track” project, Ferrari staff, families and suppliers first […]
$XAU $GLD The pattern looks to me like gold is going to continue the longer-term uptrend so I will stay Bullish in here, I believe that the gold markets will continue to attract attention of safe haven seeking investors around the world. Gold Price Predictions Video 21.04.20 Pullbacks at this point should continue to attract […]
$RACE Ferrari (NYSE:RACE) stock is down just 2.5% Y-Y, when even the S&P 500 is down 11% over the same frame Ferrari is a luxury brand and trades at 35.01 PE/ratio (TTM), surprising considering the coronavirus chaos. The Big Q: Why is this happening and is it short selling opportunity? The Big A: Because Ferrari […]
$DIA $SPY $QQQ $RUTX $USO $UGA $VXX This Crude Oil market is seeing declines despite OPEC +’s recent major deal to cut output as oversupply in light of the fight against coronavirus that has halted most of the global demand for Crude Oil. Monday, global Crude Oil prices fell to marks not seen since Y […]
$RACE COVID-19 is no match for the world’s Ferrari (NYSE:RACE) lovers, as the iconic Italian Supercar maker’s sales are strong despite the coronavirus chaos that has hammered the rest of the automotive sector. Since 23 March Ferrari stock has risen sharply about 25% with its stock +7% in the last week. Automobile makers like Ford […]
$DIA $SPY $QQQ $RUTX $VXX The Coronavirus Chaos Continues Stock indexes moved up continue the up trend pattern Economic data are generationally bad. Stocks continue to set up Bullish patterns. After hours reports of Gilead Sciences’s (NASDAQ:GILD) drug provide promise. Boeing (NYSE:BA) also promised to restart Seattle production. Friday gapped higher on options expiry, finishing […]
$EL Over the years I have used Estee Lauder (NYSE:EL) as my Lipstick Indicator, as an economic indicator which suggests that consumers turn to less expensive ‘luxury‘ items such as lipstick when they do not feel confident about the economic future, but in this coronavirus chaos, it was turned upside down since there is virtually […]
$RACE Ferrari (NYSE:RACE) will pay its annual dividend of 1.13 on 5 May 20. As a percentage of RACE’s closing price Friday at 161.34, this dividend works out to approximately 0.70% share Below are dividend history charts for Ferrari showing historical dividends prior to the most recent Ferrar declared. Ferrari is the Aristocrat of the […]
$DIA $SPY $QQQ $RUTX $VXX Friday, the White House economic adviser Larry Kudlow that May will be a “transition month” for the United States while it recovers from the effects of the coronavirus pandemic, but he “firmly” believes the economy will improve from its sudden closures. “We will get to the other side and we […]
$RACE Ferrari (NYSE:RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders held today in Amsterdam, the Netherlands, were passed. The Shareholders approved the 2019 Annual Accounts, expressed a positive advice with respect to the Remuneration Report 2019 and approved a dividend in cash of Euro 1.13 per […]
$DIA $SPY $QQQ $RUTX $VXX To date a record 22-M Americans have filed for unemployment benefits over the past month, with millions more filing claims last week, thus wiping out all the job gains since the Great Recession and underscoring the toll on the economy from extraordinary measures to control the COVID-19 coronavirus outbreak. The […]
$RACE Shares Ferrari (NYSE:RACE) whose iconic Supercars have proven to be very resilient during the worldwide health crisis downturn, and the company appears well-positioned to weather the overall slowdown in auto manufacturing. Since the market hit a coronavirus crisis-level low point on 23 March Ferrari stock has made a comeback, rising over 20% since then. […]
$DIA $SPY $QQQ $RUTX $VXX President Trump is planning “very important announcements” in the next day or 2 about reopening the US economy and is considering a “rolling” re-entry in certain parts of the country, White House economic adviser Larry Kudlow said Tuesday. “I do not want to front-run his views, I don’t want to […]
$RACE Sebastian Vettel believes the culture at Ferrari (NYSE:RACE) is often “misunderstood”, and that they can return to the Top of F1. Mr. Vettel is heading into his 6th season with The Scuderia in Y 2020, after making the move from Red Bull Racing in Y 2015, but he is yet to build on the […]
$DIA $SPY $QQQ $RUTX $VXX Monday, Treasury Secretary Mnuchin said he and his team have selected 100 business leaders to join a Special Task Force dedicated to re-opening the economy after the coronavirus crisis passes. The task force will work with medical advisers to develop a timeline for re-opening the economy, with 1 May as a […]
$RACE Ferrari (NYSE:RACE) is extending the suspension of production at its Maranello and Modena plants by about 3 wks to 3 May after Italy’s government extended a nationwide lockdown. Ferrari, and Fiat Chrysler (NYSE:FCAU), 1st announced in mid-March that it was halting production in Italy due to disruptions in component parts shipments because of the coronavirus, it extended […]
$RACE The Hot automotive market began to cool in November. With good sales, but was down from Y 2018. Hang on, Y 2019 was not all bad for the sector’s Aristocrat, Ferrari. The Maranello Outfit sold and 10,131 cars, and made a record profit on each 1 of them, too, according to a new report […]
$RACE The World’s 1st Ferrari inspired theme park with record breaking thrill rides, family adventures, magical journeys and world class entertainment featuring the world’s fastest rollercoaster, Formula Rossa, Flying Aces with its’ record breaking world tallest loop, the brand new turbo track and the forthcoming Mission Ferrari alongside family favourites such as the Scuderia challenge, […]
$RACE Ferrari (NYSE:RACE) F1 Team Boss Mattia Binotto says The Scuderia is amenable to any schedule that is proposed by other F1 bosses as they seek to mitigate the impact of the coronavirus crisis on the season. To date 9 Grands Prix have have been postponed or cancelled because of the medical crisis, leading fans […]
$RACE Wednesday, Ferrari (NYSE:RACE) said it is piloting a project to conduct voluntary screening of employees and their families for coronavirus once the iconic Supercar makers factories in Italy reopen. In a statement, Ferrari said its “Back on Track” plan, developed with a pool of virologists and experts, was designed to create a safe working […]
$DIA $SPY $QQQ $RUTX $VXX Treasury Secretary Steven Mnuchin went on national TV Wednesday morning to assure markets that the federal government’s stimulus package is being rolled out smoothly amid the economic distress caused by measures to slow the spread of the coronavirus. The US stock market rallied Wednesday, confirming the technical buy signals seen […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA rallied 7.7% to start the trading week. Sentiment was boosted by encouraging signs that the COVID-19 outbreak may be improving. The DJIA (+7.7%) and Russell 2000 (+8.2%) set the pace, followed by the NAS Comp (+7.3%) and S&P 500 (+7.0%). The positive bias was formed overnight in the […]
$DIA $SPY $QQQ $RUTX $VXX $MS $EV Commentators from Morgan Stanley (NYSE:MS) to Eaton Vance (NYSE:EV) are encouraged by a combination of unprecedented government and central bank stimulus efforts, declining volatility and the Key: Signs that the coronavirus pandemic is peaking in parts of Europe. “There is light at the end of the tunnel but it’s still […]
$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 […]