$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 […]
$RACE Ferrari N.V. (MTA:RACE) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange (MTA) as follows: Trading Date (dd/mm/yyyy) Stock Exchange Number […]
$RACE A French appeals court ordered the son of a renowned Ferrari (NYSE:RACE) collector to pay his siblings millions of Euros over the disputed sale of a coveted racer considered the storied Italian automaker’s “Mona Lisa”. Patrick Bardinon was sued for breach of trust after auctioning off the rare 1964 Ferrari 250 GTO to a […]
$RACE Lazzarini Design Studio is not looking to the sky or future for its latest flying vehicle concept. Instead it’s drawing on a decidedly more earthbound source for inspiration: Ferrari (NYSE:RACE) designed F1 race cars from the 1950’s. Dubbed the FD-One, the Rome-based design firm’s new concept is a 2-seat flying car with a distinctly retro-futurist vibe. […]
$RACE The Key Points Ferrari CEO Louis Camilleri declares Key team personnel running the sport would present a conflict of interest F1 CEO Chase Carey is stepping down as after Y 2020 MercedesAMG’s Lewis Hamilton is rumored to be considering a move to Ferrari in Y 2021 Ferrari team Boss, Louis Camilleri, claims Key team […]
$BTCUSD The value of 1 Bitcoin (BTCUSD) rose more than 85% since 1 January 2019, placing it among the some of the year’s top performing financial assets. In fact, a recent report from Bank of America names Bitcoin the single best investment of the last decade. Despite its successes, critics still advise against investing money […]
$RACE Ferrari (NYSE:RACE) says it is making financial sacrifices in the negotiations over their future in F1 after Y 2021. The move will assist the smaller teams in the sport to make sure it is economically viable as a venture. Ferrari’s F1 2021 ‘rule model’ pictured above. A budget cap of $175-M is going to […]
China has unveiled a regulation on implementing the foreign investment law (FDI) to better protect the legitimate rights and interests of foreign investors. Premier Li Keqiang signed a State Council decree to publish the regulation. It takes effect on 1 January 2020, the same day when the law becomes effective. As a matching regulation to […]
$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 […]
After several discussions with experts in the vintage, classic and special interest collector sector, we learned that buyers are not feeling the need to rush into the market as it has cooled. Today’s buyers are said to be people interested in cars for what they actually are, rather than cars representing another alternative investment asset […]
$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 Charles Leclerc, 22 anni, has expressed his gratitude to Seb Vettel for helping him to hit the ground running at Ferrari and is keen get it on after signing his new deal Monday. Mr. Leclerc’s reward for an impressive 1st season with The Scuderia was a contract extension until the end of Y 2024. […]
Ferrari (NYSE:RACE) says it is prepared to invest more money in its F1 team, including building a new simulator, as it expects a “significantly more expensive” 2020. The iconic Italian team’s defeat by MercedesAMG in Y 2019 ensured it ended the decade without a championship success in F1, as its title drought stretched to an […]
$RACE Ferrari (NYSE:RACE) has climbed 64.9% YTD thanks to EPS and revenue beats, in the 9 months of Y 2019, net revenue rose 10.3%, while EBIT increased 10.5% boosted by Monza SP1 and SP2. The company deserves a premium valuation because of its brand value, high margins, and consistent sales growth going forward. Since January […]
Wider, deeper opening up to reshape China’s economic landscape Opening up has been among the major policy moves that underpinned China’s huge economic growth over the past decades, and even though protectionism is on the rise, the country has been steadily delivering its promise of opening its doors wider. At a Key economic conference earlier […]
$RACE After a series of FIA checks, rule clarifications and accusations from rival teams, Ferrari (NYSE:RACE) is confident it has proved its power unit was legal in Y 2019. The iconic Italian team enjoyed a significant straight-line speed advantage over its rivals all year, leading to speculation over the way it was running its engine. F1’s […]
$RACE Ferrari’s bosses discuss Sebastian Vettel’s future in the wake Charles Leclerc’s breakout year. Ferrari (NYSE:RACE) team boss Mattia Binotto insists Sebastian Vettel remains “central to our project” and will sit down with the 4X world champion next year to discuss his future F1 plans. There is speculation that Ferrari are considering a Key move […]
$RACE The Risi Competizione Ferrari squad will contest the Rolex 24 Hours at Daytona next month with its Petit Le Mans-winning driver line-up + Davide Rigon. Rigon will join James Calado, Alessandro Pier Guidi and Daniel Serra in the Ferrari 488 GTE run by the Houston-based team which won the GT Le Mans class at […]
Last week the headwinds constraining the world economy have just been blown out. Dogged for most of Y 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth enters Y 2020 on a firmer footing after the US and China struck a partial trade deal and outlook for BREXIT […]
$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 Ferrari (NYSE:RACE) is planning to add a woman to its young driver program, the Ferrari Driver Academy (FDA), as it aims to develop the next generation of talent in F1. For years, Ferrari has drafted in experienced drivers to race for its F1 team, but in Y 2019 it gave an opportunity to Charles […]
$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 […]
$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 […]
$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 […]
$XAU $GLD $USD $GS Gold’s impressive advance in Y 2019 may be set to move into the New Year. As 2020 looms, BlackRock Inc., the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman Sachs Group Inc. and UBS Group AG see prices climbing to 1,600 oz, a mark last seen […]
$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 Investors will see lot events this week that could sweep away the biggest hurdles to a full-blown race into riskier assets, if things line up right. Over 2-H of the week, possible catalysts for a Treasury market sell-off will arrive in close succession: Policy decisions from the US and eurozone central […]
$RACE It is time to face the final curtain of the 2019 season. Ahead of what could be an emotional finale for a number of drivers, here is who we expect to get the job done at the Abu Dhabi Grand Prix. Of all the tracks on the F1 calendar, MercedesAMGs’ record at the Yas […]
$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 […]
$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 […]
$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 […]
$RACE The iconic Italian carmaker Ferrari (NYSE:RACE) was unable to get a lift this sector member Ford’s (F) big electric SUV announcement. RACE finished + 0.16 at 164.41, but the stock still flashing a Bullish signal that could drive to new record highs. More specifically: RACE’s recent Nov. 4 record high of 172.88 comes on historically low implied […]
$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 […]
$RACE This is a 1960’s Italian GT at its finest. If you’re like so many enthusiasts, you find the 1960’s Ferrari GTs to be some of the most attractive vintage vehicles around. That helps drive the extreme prices we see in private treaty sales transactions and auctions alike. And yes, there is more to it […]
Ferrari’s (NYSE:RACE) F1 car development has “exceeded expectations” this season and the amount of downforce it has added has had knock-on effects, says team boss Mattia Binotto. The team started Y 2019 with a car that had less peak downforce than its chief rival MercedesAMG as Ferrari pursued a lower-drag concept to give it a […]
$RACE Since taking over as CEO Louis Camilleri has largely shunned the spotlight, shunning the media and commenting publicly about the business only during Quarterly conference calls and once at the presentation of its new 5 year industrial plan. Being a tobacco executive offered relevant lessons for running Ferrari, Mr. Camilleri said in his 1st […]
$RACE Shares of the iconic Italian Supercar maker Ferrari (NYSE:RACE) hit an all-time high earlier this week after the company increased its F-Y guidance following strong Q-3 earnings. The Quarter’s operating profit rose 12% from a year ago, to 227 million euros ($251 million), on sales increases in Europe and Asia. Following the strong results, the company boosted its […]
$RACE Ferrari’s (NYSE:RACE) landmark tie-up with Giorgio Armani will offer clothing and accessories more refined and artisanal than anything currently licensed with the brand’s iconic Scuderia mark. The iconic Italian Supercar maker’s CEO Louis C. Camilleri, announced Monday during its Q-3 earnings call with investors that Ferrari had entered a “long-term manufacturing agreement” with luxury […]
$RACE People are asking, can RACE sustained Monday’s move? Monday, Ferrari (NYSE:RACE) announced an EPS beat of 0.04 and a Top-line beat of over $25+M. On Top of the earnings results, management raised guidance for the year as Supercar shipments for the Quarter rose by a healthy 9%. In the technical chart there is a large gap […]
$RACE Ferrari (NYSE:RACE) to capitalise on brand as it promises to deliver faster growth Strong sales of Ferrari’s Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook Monday, with a new brand strategy promising even more growth. Ferrari’s Milan-listed shares rose as much as 7.4% to an all-time high of […]
$RACE Ferrari (NYSE:RACE) is scheduled to announce Q-3 earnings results Monday, 4 November before the bell, The consensus EPS Estimate is €0.86 (+11.7% ) Y-Y, and the consensus Revenue Estimate is €889.08M (+6.1% Y-Y). Ferrari has surprised in the last 4 Quarters Over the last 3 months, EPS estimates have seen no upward revisions and 3 downward. Revenue […]
$RACE Valtteri Bottas posts his 4th win of this season at the United States Grand Prix, his MercedesAMG teammate Lewis Hamilton came 2nd and claimed a 6th world title having fended off a late attack from Red Bull’s Max Verstappen. Mr. Bottas had to win at the Circuit of The Americas aka COTA to keep […]
$RACE The Circuit of The Americas, aka COTA, has been kind to Lewis Hamilton in , but it was his MercedesAMG teammate and the only driver who can stop him winning a 6th world crown, Valtteri Bottas, who took Pole position for Sunday’s United States Grand Prix in true F1 racing fashion. It was Mr. […]
$RACE Rome’s Piero Taruffi circuit will be the scene, this weekend, of the first ever edition of the “FIA Motorsport Games” which will include such categories as GT, Touring Cars and Formula 4 along with emerging disciplines like drifting, digital motorsport and karting slalom. In the races featuring GT cars, 5 Ferraris are set to […]
$RACE Mattia Binotto speaking on the events of the Mexican Grand Prix and said that Ferrari (NYSE:RACE) need to be braver and take risks… Ferrari missed out on Mexican GP victory as Pole-sitter Charles Leclerc finished 4th having stopped 2X for new tyres, whereas Lewis Hamilton stopped just once, and Leclerc’s 2nd stop on Lap […]
$RACE This is a lesson grounded in practicality using ROE to better understand Ferrari (NYSE:RACE). Ferrari has a ROE of 61%, based on the last 12 months, meaning that for every $1 worth of shareholders’ equity, it generated 61c in profit. Return on Equity = Net Profit ÷ Shareholders’ Equity For Ferrari: 61% = €837-M […]
$RACE Lewis Hamilton may likely celebrate his 6th World Championship at the end of the United States Grand Prix Sunday. He has won the title in each of the past 2 years, holds a 74-point lead over MercedesAME team-mate Valtteri Bottas with a maximum of 78 available over the remaining 3 races of Y 2019. […]
$RACE Ferrari (NYSE:RACE) is expected to deliver a Y-Y increase in earnings on higher revenues when it reports results for the Quarter ended September 2019. The stock may move higher if these Key numbers top expectations in the upcoming earnings report, which is expected to be released on 4 November, if they miss, the stock […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 lost 0.4% Tuesday in a newsy session. Company-specific news contributed to outsized stock moves, but overall gainers in broader market had been nominal until a hiccup on the BREXIT issue dragged the major indices into the Red. The benchmark index closed at session lows below the 3000 […]
Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 9.09. The projected upper bound is: 9.33. The projected lower bound is: 8.77. The projected closing price is: 9.05. SINGAPORE AIRLIN closed up 0.050 at 9.060. Volume was […]
Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 0.93. The projected lower bound is: 0.89. The projected closing price is: 0.91. GENTING SINGAPOR closed up 0.010 at 0.910. Volume was 107% above average (neutral) and Bollinger Bands were 37% narrower than […]
$RACE Valtteri Bottas took victory in a fascinating 2019 Formula One Japanese Grand Prix Sunday as MercedesAMG wrapped up the constructors’ championship for a 6th year running. Ferrari (NYSE:RACE) claimed a 1-2 lockout on the grid in Sunday’s qualifying session, but Mr. Bottas jumped both Pole-sitter Sebastian Vettel and Charles Leclerc at the start before the latter collided […]
$RACE Ferrari (NYSE:RACE) signed new Performance bonus agreement for its Italian workforce, further investing in its employees Ferrari and the trade unions on 26 September signed a new Performance bonus agreement, which will be in force from Ys 2020 to 2023, in the context of the trade union relationships as normed by the Collective labour […]
$RACE Ferrari’s (NYSE:RACE) SF90, with the new higher downforce package, leap forward being able to retain Top Speed advantage relative to Mercedes. This came as a surprise to MercedesAMG’s Silver Arrows, whose Spec-3 update failed to live up to expectations and requires that it operates below its upper thresholds in order to hold on to […]
$XAU, $GLD, $USD One of the most common reasons to buy gold is to use it as a stable store of value. This analysis uses 50 yrs of history to test that common belief, and finds it lacking for it misses the best parts of investing in gold. The graph above will be developed, and […]
Asia is diverse and complementary, and Asia-for-Asia industrial supply-chain networks are emerging. Asia is a highly diverse region, there is no single Asia but many. We identified 4 distinct groups of economies based on scale, economic development, interactions with one another, and connectedness to the world. Each of these “4 Asia’s” has characteristics that complement […]
$FMCC, $FNMA Thursday, the US Treasury said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae (OTCMKT:FNMA) and Freddie Mac (OTCMKT:FMCC), while calling on Congress to develop a comprehensive housing reform that would allow them to be safely freed from government control. The Treasury’s plan, released in a 53-pg report, […]
Leading online boat rental marketplace, Boatsetter, today announced a $10 million investment led by WestCap Group and Valor Equity as an extension of its Series A financing round. The raise further solidifies Boatsetter’s position as the dominant player in the $50 billion peer-to-peer boat rental industry, with no other marketplace offering insurance coverage for renters, boat owners, and captains. Boatsetter […]
$XAU $USD $CHY China has severely restricted imports of gold since May, industry sources with direct knowledge of the matter told Reuters. The move may be aimed at curbing outflows of USDs and bolstering its RMB Yuan currency as economic growth slows. China has cut shipments by some 300-500 tonnes compared with last year – […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week the market was in consolidation mode and tested the 50-Day MA’s and bounced and… Employment report showed solid jobs growth in July Major averages found buying support at 50-Day MAs INDUSTRY WATCH Strong: Real Estate, Utilities, Consumer Staples Weak: Information Technology, Energy, Materials The CBOE Volatility Index has […]
$RACE Ferrari (NYSE:RACE) picked up its 11th podium of the season thanks to a 33rd place finish for Sebastian Vettel in Sunday’s Hungarian Grand Prix, held at the Hungaroring. Charles Leclerc came 4th right behind his team-mate. Start. The 2 SF90s got away cleanly when the lights went out and, on the short uphill straight prior […]
Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged as an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), refining CPO into industrial and consumer products, as well as merchandising palm products […]
Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is also engaged in provision of agency service for shipbuilding and related activities. The Company’s segments include shipbuilding segment, investment segment, trading segment and other. The shipbuilding segment is engaged in shipbuilding, offshore marine equipment construction and ship design. The investment segment consists […]
GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three segments: Mechanisms division, Microshafts division and Oil extraction. The Mechanisms division provides production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. The Microsafts division focuses on the […]
Jiutian Chemical Group Limited is an investment holding company. The Company is engaged in the manufacture and production of dimethylformamide (DMF) and methylamine. It is involved in the processing and sale of consumable carbon dioxide and oxygen. It operates through two business divisions: DMF division, which is engaged in producing DMF as its main product […]
Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe […]
Genting Singapore Ltd is an investment holding company. The Company, through its subsidiaries, is engaged in the development and operation of integrated resort, operation of casinos, provision of sales and marketing support services to leisure and hospitality related businesses and investments. It operates through leisure and hospitality operations segment within Singapore. The operations in other […]
$RACE Ferrari’s (NYSE:RACE) drivers will start the 34th Hungarian Grand Prix from the 2nd and 3rd rows of the grid, when the race gets underway at 15.10 CET Sunday. Charles Leclerc was 4th fastest in 1’15”043 and Sebastian Vettel was 5th with a lap that was just 28 thousandths of a sec slower than his […]
$RACE Friday’s FP sessions for the Hungarian Grand Prix were not the most productive for Sebastian Vettel and Charles Leclerc. The 1st session was affected by light rain, but heavier wet weather was a feature of the 90 mins of afternoon FP2 track time. In the morning session, the 2 Ferrari drivers ran Pirelli Softs […]
$RACE Ferrari (NYSE:RACE) is winless in Y 2019, but Team Principal Mattia Binotto is focused on the positives after a German Grand Prix that began with disaster and ended in a celebration. After both Sebastian Vettel and Charles Leclerc were out of Qualifying runs with mechanical issues, it looked like another grim weekend for Ferrari […]
$RACE Ferrari (NYSE:RACE) is scheduled to announce Q-2 earnings results on Friday, 2 August before market open. The consensus EPS Estimate is €0.94 (+11.9% Y-Y) and the consensus Revenue Estimate is €962.73 (+6.2% Y-Y). Over the last 3 months, EPS estimates have seen 4 upward revisions and 0 downward. Revenue estimates have seen 4 upward revisions and 3 downward. The […]
$RACE Ferrari (NYSE:RACE) has a history of strong earnings beats and the stock has blown away the competition. Now, investors are now looking for another successful Quarterly report from Ferrari that is due out before the market opens Friday, 2 August. The stock is +9.4% YTD. Ferrari is The Aristocrat, most respected and storied auto […]
$RACE Sunday, Sebastian Vettel had lots to celebrate on the Hockenheim podium. After problems in qualifying meant he had to start last grid, then he raced his way all the way up to 2nd place, with a great climb up the order that had his home fans in the Motodrom on their feet, roaring him […]
$RACE Ferrari (NYSE:RACE) is expected to deliver a Y-Y increase in earnings on lower revenues when it report s results for Q-2. This widely thought consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. […]
$RACE Ferrari’s (NYSE:RACE) lead shoe, Sebastian Vettel, is confident his thrilling drive from last to 2nd position at the German Grand Prix can help trigger a turnaround in Ferrari’s season. Ferrari had looked set for another disappointment Saturday when Mr. Vettel’s turbo saw some trouble ahead of Qualifying. But Mr. Vettel was a Star performer in Sunday’s Wet & […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Positive finish to a positive week. Again, the longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear […]
$RACE Red Bull Racing’s Max Verstappen won the German Grand Prix that has Ferrari’s (NYSE:RACE) Sebastian Vettel race from last of the grid to a landmark 2nd and a step on the podium. Mr. Verstappen claimed his 2nd win of the season in some of the most exciting racing of the season, much of it […]
Investment thoughts FLASH: President Trump continues to hammer the Fed, and the market smells the cheap money coming. Pundits are calling for the Fed to stick to its mandate and ignore the usual election cycle games. A broadside about the ineffective trade policies and the damage that is doing to growth, employment and price stability […]
$RACE Ferrari (NYSE:RACE) topped both Friday practice sessions at the F1 German Grand Prix with Sebastian Vettel and Charles Leclerc claiming a session each, as MercedesAMG struggled at a very hot Hockenheim track Europe is in the middle of a Saharan heatwave, with temperatures far warmer than normal, and this is proving to be a difficult problem for […]
$RACE FLASH: It could be some party for The Vettel Family should Seb win Sunday Ferrari’s (NYSE:RACE) lead shoe, Sebastian Vettel insists it is no burden to race for Ferrari, though acknowledged the team are still missing “the final step” to be able to compete with MercedesAMG. Mr. Vettel stands 4th in the F1 standings […]
Large durable goods orders to US factories rose last month after sharp declines the prior months, driven by demand for commercial aircraft and cars. A category that tracks business investment had its biggest increase in 4 months. The US Commerce Department said Thursday that orders for durable goods, items meant to last at least 3 […]
$RACE FLASH: Sebastian Vettel an outstanding F1 Champion driver was once dubbed “The Crash Kid” but he will go down in history as 1 of the F1 great champions. Mr. Vettel collected 4 world titles in a row achieving a aura of dominance that only Juan Manuel Fangio and Michael Schumacher managed. And now this […]
$RACE FLASH: Momentum investing means “buying high, but hoping to sell even higher.” Ferrari (NYSE:RACE) is a company that is an momentum investment, we have seen high price change and earnings estimate revisions, 2 Key elements of momentum scoring. Ferrari currently has a Strong Buy ranking here at HeffX-LTN, as it has been outperforming the market […]
$RACE FlASH: Ferrari (NYSE:RACE) will expand its product line-up through diversifying the types of models it offers, according to commercial and marketing chief Enrico Galliera. Rather than focus on traditional replacements and variants of existing models, Mr. Galliera will transform Ferrari by introducing new segments to the line-up – and he’s not just talking about […]
$RACE Piero Ferrari, 74 anni, is the son and only living heir of Enzo Ferrari founder of the iconic Italian Supercar maker that bears his name. When he was a boy, Enzo did not want him to get into the F1 or sports car racing business. Young Piero was never allowed to even sit in […]
$RACE FLASH: The Ferrari (NYSE:RACE) SF90 Stradale transfers recent advances of Scuderia Ferrari competition cars to the road. Ferrari’s CTO, Michael Leiters, who was joined by Vittorio Dini, Head of Powertrain, and Matteo Biancalana, Ferrari’s aerodynamics chief to tell us how it works. Ferrari road cars have always been the embodiment of the transfer of […]
$RACE FLASH: The pace continues 1 year after the death of CEO and Chairman Sergio Marchionne Ferrari is highly and increasingly profitable. Under the new leadership margins continue to improve. The company is on track to reach its target of being net industrial debt-free ahead of schedule. Strong resale values and auction results underline the […]
$USD, $EUR, $JPY, $CNY International Monetary Fund (IMF) said Wednesday the USD is overvalued by 6% to 12%, based on near-term economic fundamentals, while the EUR, the JPY, and China’s RMB Yuan were seen as broadly in line with fundamentals. The IMF has been at odds with President Trump over his use of tariffs to […]
YBCC, Inc. (OTC:YBAO) Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.39. The projected lower bound is: 0.01. The projected closing price is: 0.20. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert […]
$BTCUSD, $BTC FLASH: Bitcoin spiked Wednesday in a 2nd day of gainser, prompting speculation that the recent correction may have run its course. Bitcoin jumped 6.75% to $11,272.4 on the Investing.com Index by 12:38 PM EDT (16:38 GMT). Currently, Bitcoin is trading at: 11,241.9805+85.39 (+0.7654%),as of 3:12a BST, the market is open. The typically volatile […]
YBCC, Inc. (OTC:YBAO) Technical Analysis Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.39. The projected lower bound is: 0.01. The projected closing price is: 0.20. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert […]
Scio Diamond Technology Corporation (OTC:SCIO) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.02. The projected upper bound is: 0.02. The projected lower bound is: 0.00. The projected closing price is: 0.01. Candlesticks WARNING: […]
CommerceWest Bank (OTC:CWBK) Technical Outlook Overall, the bias in prices is: Downwards. The projected upper bound is: 21.28. The projected lower bound is: 20.40. The projected closing price is: 20.84. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 2 white candles and 4 […]
Biotricity, Inc. (OTC:BTCY) Technical Outlook Overall, the bias in prices is: Downwards. The projected upper bound is: 0.91. The projected lower bound is: 0.64. The projected closing price is: 0.78. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and 3 […]
