1958 Ferrari 335 S Spyder Wins 5th Annual The Peninsula Classics Best Of The Best Award

1958 Ferrari 335 S Spyder Wins 5th Annual The Peninsula Classics Best Of The Best Award

$RACE The 5th Peninsula Classics Best of the Best Award has been won by a 1958 Ferrari 335 S Spyder Scaglietti, completing yet another wonderful story of automotive redemption. This 1 of 4 Ferrari factory team cars spent a long period of its life abandoned, before being reclaimed, restored and returned to prominence. The Ferrari […]

Ferrari(NYSE:RACE) Analysts’ Forecast

Ferrari(NYSE:RACE) Analysts’ Forecast

$RACE Following the latest results, Ferrari’s (NYSE:RACE) 16 analysts are now forecasting revenues of €4.12-B in Y 2020. This would be a 9.5% improvement in sales compared to the last 12 months. Statutory EPS are expected to accumulate 7.8% to €4.02. Before this weeks earnings report, analysts had been forecasting revenues of €4.07-B and EPS […]

Ferrari (NYSE:RACE) Upgrades Guidance Across the Board

Ferrari (NYSE:RACE) Upgrades Guidance Across the Board

$RACE Ferrari (NYSE:RACE) upgraded guidance across its Key financial metrics for the full year ahead, beyond its “2020 plan“. The iconic Italian company now sees net revenues above €4.1-B, representing an 8.5% increase compared to the F-Y 2019 revenues of €3.776-B result. Ferrari investors are more Bullish on its Y 2020 growth and earnings outlook […]

Ferrari (NYSE:RACE) Posts Record Supercar Sales and Boosts 2020 Profit Estimate

Ferrari (NYSE:RACE) Posts Record Supercar Sales and Boosts 2020 Profit Estimate

$RACE Ferrari (NYSE:RACE) boosted its Y 2020 forecasts for sales and earnings after the Supercar maker posted record deliveries, a sign that CEO Louis Camilleri’s model-range renewal is working and gathering momentum. The Maranello Outfit launched a record 5 new models in Y 2019, including the Roma Coupe with a front-mounted 620-horsepower engine, which helped […]

President Trump Elated as the Financial Markets Post Fresh Record Highs

President Trump Elated as the Financial Markets Post Fresh Record Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL, $AMD President Trump cheered as US stocks posted record high closes on Thursday as optimism about a US-China trade deal firmed and as Apple and other market heavyweights posted strong gains. “STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you […]

Gold 2020: Prices Rise as the USD Falls

Gold 2020: Prices Rise as the USD Falls

$XAU, $GLD, $USD Gold prices moves higher as USD eases, and an Iranian-backed militia stormed the US Embassy in the Iraqi capital Tuesday. US short term yields moved lower weighing on the interest rate differential, which put downward pressure on the Buck and paved the way for higher gold prices. Technical Analysis: Gold prices moved […]

Gold: Momentum is Building as Volatility Fades

Gold: Momentum is Building as Volatility Fades

$XAU, $GLD Technical Analysis: Gold prices are storing volatility which is getting pent up as prices trade sideways in a tight range. Resistance near the 50-Day MA at 1,477. Short term support is seen near the 10-Day MA at 1,470. Additional support on the precious Yellow metal is seen near an upward sloping trend line […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Investing in this market successfully requires the creation of an investing strategy that outperforms the broader market. Consider, Factor Investing, it is not new, dating to the mid-1970’s, and has been boosted over the past few years from the acceptance of ETFs. Now, there is over $900-B invested in […]

Ferrari (NYSE:RACE) Stock is Beating the Market

Ferrari (NYSE:RACE) Stock is Beating the Market

$RACE On Momentum Investing: Momentum investing is all about the idea of following a stock’s recent trend, which can be in either direction. In the ‘long’ context, investors will essentially be “buying high, but hoping to sell even higher.” And for investors following this methodology, taking advantage of trends in a stock’s price is Key; […]

Highly Successful People Remove Catalysts for Failure

Highly Successful People Remove Catalysts for Failure

Highly Successful People Remove Catalysts for Failure There are 2 Key mental shifts that occur in the lives of all highly successful people. Many make the 1st, not all make the 2nd. Both shifts require mental stretching from conventional and societal ways of thinking, these shifts require people to unlearn the negative programming from their […]

Bitcoin is Volatile within Uptrend Channel

Bitcoin is Volatile within Uptrend Channel

Bitcoin is Volatile within Uptrend Channel $BTCUSD Bitcoin’s Bullish momentum does not seem to be over despite this strong consolidation phase. The technical structure has shown a tremendous positive short-term momentum so far. Hourly support area located around 10775. In the short-term, the technical structure suggests further Bearish momentum. It is expected to show further […]

Fiat Chrysler (NYSE:FCAU) a Golden Opportunity, Like Ferrari (NYSE:RACE)

Fiat Chrysler (NYSE:FCAU) a Golden Opportunity, Like Ferrari (NYSE:RACE)

Fiat Chrysler (NYSE:FCAU) a Golden Opportunity, Like Ferrari (NYSE:RACE) $FCAU, $RACE, $GS Ferrari (NYSE:RACE) and Fiat-Chrysler (NYSE:FCAU) the top performers in the automotive sector. Stock prices are up substantially Well positioned in its international market. Short squeeze led to a strong uptick in FCAU, and may continue. Short position in Ferrari extremely small, less that […]

China South City Holdings (HKG:1668) Prices to Stabilize in the Short Term

China South City Holdings (HKG:1668) Prices to Stabilize in the Short Term

China South City Holdings (HKG:1668) Prices to Stabilize in the Short Term Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 1.60. The projected upper bound is: […]

US Stocks Extend Momentum Rally to Fresh All Time Highs

US Stocks Extend Momentum Rally to Fresh All Time Highs

US Stocks Extend Momentum Rally to Fresh All Time Highs $DIA, $SPY, $QQQ, $VXX US stocks extended to fresh all-time highs, with the S&P 500 Index marking its longest winning streak in 4 months, as speculation grew for looser global monetary (stimulus) policies while a better-than-forecast profit from JPMorgan Chase & Co. (NYSE:JPM) boosted optimism […]

US Dollar ($) ⇨ Canadian Dollar (CA$)(USDCAD) Trading Outlook

US Dollar ($) ⇨ Canadian Dollar (CA$)(USDCAD) Trading Outlook

FOREX CAD= closed down -0.003 at 1.305. Volume was 20% above average (neutral) and Bollinger Bands were 18% narrower than normal. Open High Low Close Volume___ 1.307 1.311 1.296 1.305 91,129 Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.29 1.29 1.33 Volatility: 14 11 12 […]

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Thursday, Wall Street’s major market indexes finished the day flat to unchanged. DJIA down by 23 pts closed at 17,828.29, the S&P 500 down 0.02% at 2,090.10, and the NAS Comp + 0.14% or 6 pts to end at 4,901.77. Worldwide stocks’ trading was choppy, but positive, […]

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street closed mostly flat Wednesday, with the DJIA up down by 4 pts or 0.02% at 17,526.62. The NAS Comp added 0.50% to close at 4.739.12, and the S&P 500 added 0.2%, to 2,047.63. Stocks fell after the release of the latest FOMC Mins, showing higher […]

Thursday’s Technical Outlook for the DJIA (.DIA)

Thursday’s Technical Outlook for the DJIA (.DIA)

Thursday’s Technical Outlook for the DJIA (.DIA) $DIA, $.DJI Wall Street dove Wednesday, reversing most of Tuesday’s gainers. DJIA shed 217 pts or 1.21% to close at 17,711.12, the NAS Comp gave back 1.02% to end at 4,760.69, the S&P lost 0.96% to close at 2,064.46. Retailers led the decline with Macy’s (NYSE:M) falling 15% […]