F1: Ferrari’s Newest Driver Academy to Launch in Sydney

F1: Ferrari’s Newest Driver Academy to Launch in Sydney

$RACE F1 giant Ferrari (NYSE:RACE) has chosen Sydney as the base for a new program aimed at finding Top driver talent in the Asia-Pacific region. The new Ferrari Driver Academy will be based at the Sydney Motorsport Park to attract drivers from Australia, New Zealand and countries through Asia. Similar development programs have produced talent […]

Ferrari’s (NYSE:RACE) Bond Issue Oversubscribed 5X

Ferrari’s (NYSE:RACE) Bond Issue Oversubscribed 5X

$RACE Ferrari (NYSE:RACE) has improve its available liquidity by raising $713-M through a bond issue, with net proceeds to be used for “general corporate purposes.” The 5-yr unsecured bond pays 1.5% annual interest rate, Ferrari said in its news release.  Ferrari has been less affected by the C-19 coronavirus chaos than the other automakers. Its deliveries actually rose by 4.9% […]

Ferrari (NYSE:RACE) Demands its Premium Status

Ferrari (NYSE:RACE) Demands its Premium Status

$RACE Ferrari (NYSE:RACE) commands a premium valuation based on 3 Key elements of its business model: pricing power, strong demand, and growth. The iconic Italian luxury Super carmaker delivered good results in Q-1 Y 2020 despite some difficult economic conditions. Its success augurs well for long-term investors. The driver behind Ferrari’s success is brand strength. […]

Monday’s Trade Relief Rally Saw Profit Taking Tuesday

Monday’s Trade Relief Rally Saw Profit Taking Tuesday

Monday’s Trade Relief Rally Saw Profit Taking Tuesday $DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 fell 3.2% Tuesday on some concern on future economic growth, which was signaled by the drop in US Treasury yields. A technical test and breach of the S&P 500’s 200-Day MA at 2762.32 contributed to the selling. Monday’s trade-relief […]

Keeping an Attitude of Gratitude Year Round

Keeping an Attitude of Gratitude Year Round

Keeping an Attitude of Gratitude Year Round Aside from making you feel better about your life, feeling and expressing gratitude has been found to have a wide range of beneficial health effects, including, below are the ways being grateful works, as follows: Stimulating your hypothalamus an area of your brain involved in the regulation of […]

The Best Sounding F1 Ferrari (NYSE:RACE) Ever, the 643. Listen…

The Best Sounding F1 Ferrari (NYSE:RACE) Ever, the 643. Listen…

  The Best Sounding F1 Ferrari (NYSE:RACE) Ever, the 643. Listen… $RACE We all lament that F1’s naturally aspirated engine days are in the scrapbook for now, and maybe gone forever. But, some of the cars of the era remain on this earth with us. With exhaust notes un-muffled by turbochargers, their wild shrieks are […]

Dubai World Cup Day 2017 Race Track Notes for 23 March

Dubai World Cup Day 2017 Race Track Notes for 23 March

Dubai World Cup Day 2017 Race Track Notes for 23 March Trackwork Notes with updates on and build -up to all nine races to be held Dubai World Cup Day 2017. Group 1 US$10m Dubai World Cup sponsored by Emirates Airline – 2000m (Dirt) Special Fighter (IRE) – Fernando Jara, jockey, said: “We are very happy […]

Tesla (NASDAQ:TSLA) Needs $1.15-B, Cannot Produce EVs Without It

Tesla (NASDAQ:TSLA) Needs $1.15-B, Cannot Produce EVs Without It

Tesla (NASDAQ:TSLA) Needs $1.15-B, Cannot Produce EVs Without It $TSLA, $GM Tesla (NASDAQ:TSLA) plans to raise 1.15-B in new funding to help fuel production of a mass market-targeted Model 3 electric car set for release this year. The company said that it planned to offer $250-M in common stock and $750-M in convertible notes, with […]

The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street $JPM, $C, $WFC, $PNC, $AA The US stock exchanges were open Monday, Columbus Day, even though it is a federal holiday. The 1st official week of Q-3 earnings features 4 banks: DJIA component JPMorgan Chase & Co. (NYSE:JPM) and S&P 500 members Citigoup (NYSE:C), PNC Financial Services Group (NYSE:PNC) and Wells […]

Yellen Will Not Fail To Deliver Support to Financial Markets

Yellen Will Not Fail To Deliver Support to Financial Markets

Yellen Will Not Fail To Deliver Support to Financial Markets $DIA, $SPY, $QQQ, $VXX Morgan Stanley (NYSE:MS) predicts the US Fed will forgo raising interest rates in September and in December, and Janet Yellen, and the other Fed policy makers said nothing in Jackson Hole, WY, to change the firm’s outlook. US Treasuries pared a […]

“Risk Off” as Investors Fear Global Growth Slowing

“Risk Off” as Investors Fear Global Growth Slowing

“Risk Off” as Investors Fear Global Growth Slowing $DIA, $SPY, $QQQ, $VXX Investors are selling off risky assets from their portfolios because of falling global GDP expectations, driven by China’s slowing growth, and the hotting up US Presidential race. Friday, global growth worries and a sharp decline in Crude Oil prices sent fear through Wall […]