The Fed Capped the Momentum in the Mega Tech Rally

The Fed Capped the Momentum in the Mega Tech Rally

#Fed #FOMC #QE #MegaTech #rally $DIA $SPY $QQQ $RUTX $VXX Mega tech’s market-leading days are numbered thanks to Fed Chairman Jerome Powell. The NAS 100 sank as much as 2.8% Thursday, pushed down by a fall in the mega cap tech stocks that have powered this rally. The decline came after FOMC policy makers pledged […]

The Fed’s Policy Statement Indicated it Will Move to Stimulate the Economy

The Fed’s Policy Statement Indicated it Will Move to Stimulate the Economy

#Fed #FOMC #policy #stimulate #economy #stockmarket $DIA $SPY $QQQ $RUTX $VXX The Fed used its policy statement to begin to pivot from stabilizing financial markets to stimulating the economy, saying that it would keep its current government bond-buying at least at the current pace of $120-B per month, in part to ensure “accommodative” financial conditions in the future […]

The Week in Review

The Week in Review

#stock #market #positive #economy #data #investors $DIA $SPY $QQQ $RUTX $VXX It was another positive wk for the US stock market, and it was nearly a record-setting wk for the S&P 500. The benchmark index gained 0.6% marking record highs intraday 2X this week on relative strength in the cyclical and value-oriented stocks. The DJIA […]

The 100-Day Gainer Best Since August 1933, The Trump Policies Work

The 100-Day Gainer Best Since August 1933, The Trump Policies Work

#stocks #recovery #Bull #Bear #market #PresidentTrump $DIA $SPY $QQQ $RUTX $VXX The US stock market has not experienced a 100-Day gainer this strong since Y 1933, stocks have seen a very strong recovery in the 100 trading days since the 23 March lows Thursday marked the 100th trading day since the stock market’s chaos panic […]

Fed Ramps Up Auto Bond Buying with Industry in Recovery

Fed Ramps Up Auto Bond Buying with Industry in Recovery

#Fed #bonds #autoindustry #recovery $DIA $SPY $QQQ $RUTX $VXX The auto industry is a significant job and capital source for the national and local economies. The automotive sector has rewarded many business owners and employees with prosperity. The Fed’s entry into the credit market has benefitted auto companies the most, supporting an industry that has […]

Housing, Auto Demand Are Standouts in V-Shaped Recovery

Housing, Auto Demand Are Standouts in V-Shaped Recovery

#housing #automobiles #consumers #recovery $DIA $SPY $QQQ $RUTX $VXX Clearly, record low interest rates has helped revive the US markets for housing and autos standouts in the economy as it gains traction. Sales of new homes in June ran at their fastest pace in 13 yrs, leaving builders and the construction workers they employ with […]

Residential Housing Market is Worth $35-T, America’s Biggest Industry

Residential Housing Market is Worth $35-T, America’s Biggest Industry

#housing $DIA $SPY $QQQ $RUTX $ITB $VXX Last month, US new home sales spiked 55%, their biggest gainer since Y 2005. The number of Americans looking to refinance their mortgages spiked 111%. And Quicken Loans (Private), the America’s largest mortgage broker just posted its best Quarter in its 35-yr history. In 1-H of Y 2020, Quicken […]

Congress Told Small Business Owners are Facing Financial Ruin

Congress Told Small Business Owners are Facing Financial Ruin

#Congress #retailers #restaurants #consultants #manufactures #financial #ruin #PPP #SBA #loans #NYSE $DIA $SPY $QQQ $RUTX $VXX “From retailers and restaurants to consulting and manufacturers, small-business owners are facing a future of potential financial ruin that will make the nation’s current economic downturn last years longer than it must,” the America’s corporate leaders said in their […]

US Stocks Finished Friday and July on High Notes

US Stocks Finished Friday and July on High Notes

#stocks #bigtech #revenue #earnings #virus #ecommerce #spending #investors #GDP #NYSE $DIA $SPY $QQQ $RUTX $VXX Stocks closed Friday and July on high notes, with the Bulls still in charge. The NAS Comp outperforming after of better than expected corporate earnings results from big tech firms like Facebook (NASDAQ:FB) and Apple (NASDAQ:AAPL), which both marked record […]

Gold is +25% YTD Outdistancing Stocks, Gold Bugs Rejoice!

Gold is +25% YTD Outdistancing Stocks, Gold Bugs Rejoice!

#gold #stocks #money #investors #goldbugs #centralbanks #inflation #virus $DIA $SPY $QQQ $RUTX $XAU $GLD #VXX Gold is up 25% this year and traded above 1,897oz, just shy the Y 2011 record high at 1,921. Global stocks measured by the MSCI World index, have recovered almost all of the losses they suffered on the instant recession sell-off brought on […]

Mega Caps Back and Fill, Dollar Slides, Gold Charges to Record Highs

Mega Caps Back and Fill, Dollar Slides, Gold Charges to Record Highs

#stocks #gold #silver #dollar #C19coronavirus #China #global #growth #COMEX #VeryBullish $DIA $QQQ $SPY $RUTX $VXX $USO $USD $XAU $GLD $XAG $SLV Moving the Market: Profit taking in mega-caps Thursday, Gold traded near 1,900oz, moving closer to it’s all-time high set nearly 9 yrs ago on concerns about global growth that is driving safe-haven demand. Increasing […]

S&P 500 Turns Positive, Investors Focus on Shutdown Odds

S&P 500 Turns Positive, Investors Focus on Shutdown Odds

#Investors #ignore #C19coronavirus #shutdown #economy #earnings #recovery #PresidentTrump $DIA $SPY $QQQ $RUTX $VXX Deep in investor minds is the Big Q: What are the chances of another lockdown The Big A: Slim to None, as The Trump Administration has no appetite for shutting down the nation again. Instead, President Trump is looking for ways to […]

Wall Street Firms Consider Moving Jobs Out of New York City

Wall Street Firms Consider Moving Jobs Out of New York City

#WallStreet #NYC #jobs #economy #technology $DIA $SPY $QQQ $RUTX $VXX Wall Street gained ground Monday and rising technology shares drove the NAS Comp to another record closing high. Q-2 earnings: 48 companies in the S&P 500 have posted results, with 77.1% of those beating consensus, according to Refinitiv data. In aggregate, analysts now expect S&P […]

US Should Consider Forgiving All Small Business PPP Loans

US Should Consider Forgiving All Small Business PPP Loans

#Tresaury #PPP #loans #SmallBusiness #forgive #C19coronavirus #NYSE $DIA $SPY $QQQ $RUTX $VXX The federal government should weigh forgiving all “small” loans provided under the Paycheck Protection Program during the C-19 coronavirus chaos, US Treasury Secretary Steven Mnuchin said. “We should consider forgiving all small loans, but would need fraud protection,” Secretary Mnuchin told the House […]

US 30-yr Fixed Rate Mortgage Rate Dives to 50-yr Lows

US 30-yr Fixed Rate Mortgage Rate Dives to 50-yr Lows

#mortgage #homebuilding #retail #sales #Fed #QE #bonds #market #stimulus #economy $DIA $SPY $QQQ $RUTX $VXX $SPSIHO The S&P 500 Homebuilding Index (SPSIHO), which includes Lennar Corp.(NYSE:LEN), DR Horton Inc.(NYSE:DHI), and PulteGroup Inc.(NYSE:PHM), gained 2.4% Thursday. The index is up nearly 9% YTD, compared with a 0.05% decline in the broad S&P 500 overall. US 30-year […]

NYC, the Financial Capital of the World, Has Gotten Scary Under De Blasio

NYC, the Financial Capital of the World, Has Gotten Scary Under De Blasio

#NYC #NewYorkCity #DeBlasio #BLM #scary #PresidentTrump #Haley #NYSE #C19coronavirus #riots #protests #police $DIA $SPY $QQQ $RUTX $VXX “I will not have open borders, we will not abolish the police, and we will not slash the budgets for our military, and we will not allow our country to be swamped with deadly drugs.” — President Donald […]

US Needed Tough Leader, Now it Has 1, the Market Confirms It…

US Needed Tough Leader, Now it Has 1, the Market Confirms It…

#President Trump #leader #tough #C19coronavirus #policies #market #WhiteHouse $DIA $SPY $QQQ $RUTX $VXX “US Needs Very Tough Leader, Not Empathy and Love” — Dick Morris America needs a “very tough leader” in these times of violent race protests and the outbreak of the C-19 coronavirus, former presidential adviser and campaign consultant Dick Morris said in […]

World Stock Markets Running Due North, China Will Stimulate

World Stock Markets Running Due North, China Will Stimulate

#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 […]

Independence Day Observed Friday for US Markets

Independence Day Observed Friday for US Markets

#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 […]

Hardest Hit US Businesses President Trump’s Next Aid/Relief Focus (Video)

Hardest Hit US Businesses President Trump’s Next Aid/Relief Focus (Video)

#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 […]

The China Virus Will Not Shut Down the US Economy Again

The China Virus Will Not Shut Down the US Economy Again

$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 […]

Boeing (NYSE:BA) Leads the Broad Market Due North

Boeing (NYSE:BA) Leads the Broad Market Due North

$DIA $SPY $QQQ $RUTX $VXX Wall Street rallied Wednesday with the NAS Comp approaching record highs as signs of an economic recovery from the Medical Malpractice chaos instant recession. Financials, industrials and tech pushed the 3 major US stock indexes well into the Green. The S&P 500 and the NAS Comp each posted their 4th day […]

Americans Leaving Their Homes, and Hitting the Road

Americans Leaving Their Homes, and Hitting the Road

$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 […]

New York Stock Exchange to Reopen after Memorial Day

New York Stock Exchange to Reopen after Memorial Day

$DIA $SPY $QQQ $RUTX $VXX $ICE The President of the New York Stock Exchange Stacey Cunningham announced after the closing bell Thursday the NYSE is going to reopen the trading floor the day after Memorial Day. “We will reopen our trading floor to a subset of floor brokers the day after Memorial Day,”  Ms. Cunningham wrote […]

Selling Widespread, Losses Were Pared into the Close

Selling Widespread, Losses Were Pared into the Close

$DIA $SPY $QQQ $RUTX, $USO, $XAU, $USD, $VXX Despite the coordinated stimulus packages announced by central banks and the massive stimulus plans laid out by Washington, confidence was lacking due to the growing outbreak of COVID-19 and the continued shutdown of the economy. Shortly before the close, the Senate passed the House bill that provides […]

DJIA Dove 1,000 Pts as Investors Sought Safe-havens in Light of Rise in Virus Cases

DJIA Dove 1,000 Pts as Investors Sought Safe-havens in Light of Rise in Virus Cases

$DIA $SPY $QQQ $RUTX $MCSI $XAU $VXX Monday, Wall Street’s 3 major stock market indexes fell as investors moved to safe-havens after a rise in coronavirus cases outside China caused worries about the global economic impact of a potential pandemic. Note: WHO removed pandemic from the virus’ and downgraded to emergency Sunday. Wall Street’s 3 […]

Investors Must Avoid Undue Reactions to Virus Story

Investors Must Avoid Undue Reactions to Virus Story

$DIA, $SPY, $QQQ, $RUTX, $VXX I herewith urge all investors to avoid making hasty decisions after China announced a rise in cases of a deadly new virus that the media says threatens to crimp global economic growth. Stocks markets pulled back worldwide Monday on the supposition that investors are worried about the potential economic impact of […]

President Trump Inks P-1 of China Trade Deal: DJIA, S&P 500 Close at Record Highs

President Trump Inks P-1 of China Trade Deal: DJIA, S&P 500 Close at Record Highs

$DIA $SPY, $QQQ, $RUTX, $VXX Wednesday, the DJIA closed above 29,000 for the 1st time plus the S&P 500 closed at a record high after the United States and China signed the Phase 1 trade agreement and pledged to resolve the 2 yr tariff dispute. The centerpiece of the agreement is a pledge by China […]

America’s Greatest Bull Market Powers Through the Mideast Storm

America’s Greatest Bull Market Powers Through the Mideast Storm

$DIA, $SPY, $QQQ, $RUTX, $VXX Late Friday US stocks came off from record-high marks as investors took profit and data showed slower-than-expected December US jobs growth, but the major indexes posted gainers on the week. Domestic jobs increased by 145,000 last month, below the forecast for a 164,000 rise, the US government data showed, as the pace […]

2020: What to Watch For in Commodities

2020: What to Watch For in Commodities

$DIA $SPY $QQQ, $RUTX, $VXX, $SOY, $CORN, $XAU, $CU, $USO This is our 1st What to Watch in the commodities sector, it is an overview of what to expect. The picture mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more. The year’s 1st full week of trading could […]

Data on Your Spending Habits a Gold Mine for Big Banks

Data on Your Spending Habits a Gold Mine for Big Banks

$DIA, $SPY, $QQQ, $RUTX, $VXX There are powerful new players watching what you buy so it can tailor product offerings for you, they are the banks behind your credit or debit card. The banks want to turn data they already have on your spending habits into extra revenue by identifying likely customers for retailers. Banks […]

President Trump Talks Economy and Trade, Market Responds Positively

President Trump Talks Economy and Trade, Market Responds Positively

$DIA, $SPY, $QQQ, $RTUX, $VXX The benchmark S&P 500 stock index posted a slim gainer Tuesday as President Trump said the United States is close to signing an initial trade deal with China and lauded the economy. The S&P 500 and NAS marked all-time highs during trading but stocks ended off session highs with investors […]

President Trump, “Fed Behind Market Turmoil, Not Trade War”

President Trump, “Fed Behind Market Turmoil, Not Trade War”

$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump targeted Fed policy as the reason for this recent market turmoil. In raising interest rates 4X last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs, President Trump tweeted. “Too bad, so much to gain on […]

President Trump Demands Strong Rate Cut, Market Turns a Solid Green, Wall Street Loves ‘Cheap Money’

President Trump Demands Strong Rate Cut, Market Turns a Solid Green, Wall Street Loves ‘Cheap Money’

$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX The US stock market finished solidly in the Green Thursday, as trade anxiety subsided and investors embraced a risk-on mindset. The S&P 500 advanced 1.9%, which extended its 2-day bounce to 112 pts, or 4.0%, from its session low Wednesday.  Thursday, President Trump again expressed dissatisfaction with USD’s strength, […]

US Stock Indexes Pull Back from Record Highs

US Stock Indexes Pull Back from Record Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market indexes ended Thursday near session lows after spending the day in the Red. The DJIA (-0.5%) and S&P 500 (-0.5%) posted comparable losses while the NAS Comp(-1.0%) under-performed during the session. The top-weighted technology sector (-0.8%) was among Thursday’s weakest, while most of the remaining cyclical […]

Tech Stocks Drive Market Higher

Tech Stocks Drive Market Higher

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 Information Technology sector (+1.2%) was Monday’s leader, led by shares of Apple (NASDAQ:AAPL) and semiconductor companies. The other 10 S&P 500 sectors hung near their unchanged marks. Apple outperformed after Morgan Stanley raised its price target to 247 from 231. The Philadelphia Semiconductor Index rose 2.0% following […]

US Stock Market’s Direction is Based on Fed

US Stock Market’s Direction is Based on Fed

$SPY The US stock market finished lower last week on relatively low volume and volatility. Perhaps it was the pre-conceived negative earnings expectations due to reports released before the results season started that fueled the lackluster price action. Perhaps it was options expiration. Uncertainty over the size of the expected Fed rate cut at the […]

Stocks Finished Flat on Mixed Economic Data

Stocks Finished Flat on Mixed Economic Data

$DIA, $SPY, $QQQ, $RUTX, $VXX The gauge of equities finished flat to unchanged Tuesday, as US Treasury yields moved higher on a stronger-than-anticipated report on US retail sales raised the possibility the Fed might adopt a less Dovish stance. The S&P 500 lost 0.3% Tuesday, led lower by shares of energy and technology companies, while […]

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Every time a significant transaction tax has been tried, it has either been gutted or eliminated due to its failure to collect anything close to projected revenue and its impact on capital markets. Got that Bernie? American Communist Presidential hopeful, Senator Bernie Sancers (I-VT) proposed a plan Monday to […]

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull Market in stock is the longest on record. The S&P 500 Index marked a record closing high Thursday, buoyed by Wall Street’s expectations that the Fed will cut interest rates as soon as July to keep the US-China trade dispute from stalling economic growth. The Fed left […]

Wall Street Liked What it Heard From Chairman Powell

Wall Street Liked What it Heard  From Chairman Powell

$SDIA, $SPY, $SOX, $QQQ The S&P 500 (SPY) approached record highs Wednesday after the Fed signaled potential interest cuts later this year, reassuring Wall Street investors worried that the US-China trade war could stall economic growth. Saying it “will act as appropriate to sustain” economic expansion, the Fed signaled rate cuts of half a percentage […]

Fed Fueling a Recession, Chairman Powell On The Way Out

Fed Fueling a Recession, Chairman Powell On The Way Out

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX President Trump will not renominate Jerome Powell for another term as Fed Chairman if re-elected. “That will lead to very different monetary policy, so the Fed is not fully independent of politics,” former Fed VC Fischer, an Hussein Obama appointee, said Sunday at a talk in Israel. By criticizing […]

Energy Stocks Fuel Stock Market Rally, as Oil Tankers are Attacked, US Blames Iran

Energy Stocks Fuel Stock Market Rally, as Oil Tankers are Attacked, US Blames Iran

$DIA, $SPY, $SOX, $QQQ, $RUTX, $USO, $OIL, $VXX FLASH: Crude Oil prices rose after 2 Crude Oil tankers were attacked off the coast of Iran, the US blamed Iran for the attack fueling energy stocks to lead the advance. Crude Oil tankers came under attack Thursday near the strategic Strait of Hormuz, with 1 of […]

Cash is King, Retail Investors Nervous Ahead of Summer

Cash is King, Retail Investors Nervous Ahead of Summer

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Cash is King for investors heading into Summer Increasing a cash buffer is typical during times of economic and geopolitical uncertainty. But data from global wealth managers show that stashing cash has continued at unusually high rates even as global stocks have rallied this year on conflicting signals […]

Managed Money Holding Long Bets on the Leadership

Managed Money Holding Long Bets on the Leadership

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Managed money’s lack of conviction in the Y 2019 stock rally has become notorious, but managers retained faith in the Leadership. Hedge funds kept equity exposures light in this year’s advance, the relative size of their biggest Long positions remained “extremely elevated,” according to the latest research from […]

SEC Approves the Long-Term Stock Exchange

SEC Approves the Long-Term Stock Exchange

$ICE, $NADQ Friday, US regulators approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges. The US Securities and Exchange Commission (SEC) Friday approved the creation of the Long-Term Stock […]

Really Good US-China Trade Deal Will See Stocks Soar

Really Good US-China Trade Deal Will See Stocks Soar

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]

China Unicom HEFFX Highlights

China Unicom HEFFX Highlights

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services […]

China Unicom HEFFX Highlights

China Unicom HEFFX Highlights

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services […]

SEC ‘Overreach’, Commission Seeks More Control Over Exchanges

SEC ‘Overreach’, Commission Seeks More Control Over Exchanges

$ICE, $CBOE, $NDAQ The 3 largest US stock exchange operators said they will sue the Securities and Exchange Commission (SEC) for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. “We disagree with the government overreach, and this really represents an unprecedented attempt […]

China Trade Issues Still in the Headlines, Stocks Retrace Overbought Conditions

China Trade Issues Still in the Headlines, Stocks Retrace Overbought Conditions

$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 […]

US Stocks Finished Flat/Unchanged Ahead of Earnings Season

US Stocks Finished Flat/Unchanged Ahead of Earnings Season

$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 […]

Apple’s 2019 Outlook Shakes the Broad Market

Apple’s 2019 Outlook Shakes the Broad Market

$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL The S&P 500 fell 2.5% Thursday, as a revenue warning from Apple (NASDAQ:AAPL) and weak manufacturing data fueled concerns about a slowdown in global economic growth, undermining the broad market. The DJIA lost 2.8%, the NAS Comp lost 3.0%, the Russell 2000 lost 1.8%. On the day, 9 of the 11 […]

Ferrari (NYSE:RACE) Builds 1-off Supercars for its Loyal Clienti

Ferrari (NYSE:RACE) Builds 1-off Supercars for its Loyal Clienti

Ferrari (NYSE:RACE) Builds 1-off Supercars for its Loyal Clienti $RACE Ferrari (NYSE:RACE) has a history of building 1-off Supercars for its loyal customers, which is how its new open-top Monza sports cars came to be. Now, we are seeing this Ferrari SP3JC commissioned by a longtime customer with unusual tastes. The SP3JC livery is wild! The […]

Ferrari’s (NYSE:RACE) 488 Pista Wins Supercar of the Year Award

Ferrari’s (NYSE:RACE) 488 Pista Wins Supercar of the Year Award

Ferrari’s (NYSE:RACE) 488 Pists Wins Supercar of the Year Award $RACE Plus, the 488 Pista’ s 3.9 litre twin-turbo V8 delivers 710hp, and is the best engine in the World Ferrari (NYSE:RACE) managed to make 700bhp Supercar usable, and fun to drive. Ferrari’s latest mid-engined Special Series V8, the 488 Pista, has been nominated “Supercar […]

Ferrari (NYSE:RACE) Planning to Introduce an 812 Convertible

Ferrari (NYSE:RACE) Planning to Introduce an 812 Convertible

Ferrari (NYSE:RACE) Planning to Introduce an 812 Convertible $RACE Ferrari (NYSE:RACE) will follow up its Limited Edition Monzas will a full production run of a 812 roadster aka Spider. According to a FerrariChat forum frequented by Ferrari fans and owners a convertible version of the Ferrari 812 Superfast is in the works with some clienti saying they have placed […]

F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years”

F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years”

F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years” + The Maranello Outfit is buying back its shares in the market. $RACE Ferrari’s (NYSE:RACE) engineering Chief Jock Clear believes the Team has had its “strongest season for 10 years” in F1 during Y 2018. Although Ferrari emerged as a major threat to MercedesAMG in the […]

The FAANGs Drove the S&P 500 (SPY) Due South Monday

The FAANGs Drove the S&P 500 (SPY) Due South Monday

The FAANGs Drove the S&P 500 (SPY) Due South Monday $DIA, $SPY, $QQQ, $RUTX, $VXX FAANG Group: Apple,  Facebook Inc, Amazon.com Inc, Netflix Inc and Alphabet Inc shed between 3% and 4.8% on the day. Monday, the Dow Jones Industrial Average shed more than 500 pointsm as a slump in Apple shares hammered the tech […]

China and Twitter

China and Twitter

Despite being blocked in China, Twitter and other overseas social media sites have long been used freely by activists and government critics to address subjects that are censored on domestic forums — until now. As Beijing presses a campaign to throttle any remaining voices that stray from the Communist Party narrative, it is extending its […]

General Electric Company (NYSE:GE) plunges after slashing dividend

General Electric Company (NYSE:GE) plunges after slashing dividend

General Electric Company (NYSE:GE) plunges after slashing dividend It’s looking dim for shares of GE. The former industrial giant hit its lowest level in a nearly decade on Tuesday – briefly breaking below $10 – after the company cut its dividend to just one cent per share. General Electric’s struggles continued during the third quarter […]

J. C. Penney Company, Inc. (NYSE:JCP) Analysts are speculating a 47.06% move

J. C. Penney Company, Inc. (NYSE:JCP) Analysts are speculating a 47.06% move

J. C. Penney Company, Inc. (NYSE:JCP) Analysts are speculating a 47.06% move J. C. Penney Company, Inc. (NYSE:JCP), with a trailing 12-month price-to-sales ratio of 0.04, is now among the bigger bargains in its industry. The broad Department Stores industry has an average P/S ratio of 4.07, which is significantly better than the sector’s 9.92. […]

Ferrari’s (NYSE:RACE) Latest Supercars Have No Tops or Windshields

Ferrari’s (NYSE:RACE) Latest Supercars Have No Tops or Windshields

Ferrari’s (NYSE:RACE) Latest Supercars Have No Tops or Windshields $RACE Ferrari’s (NYSE:RACE) Monza SP1 and SP2 cars are open, windshield-less, and equipped with the most powerful engine the company has ever built. Unveiled last month, the 2 Limited-Edition Supercars are the 1st in Ferrari’s new Icona series that pay homage to the Vintage and Classic […]

Ford Motor Company (NYSE:F) Cash Restructuring, Refreshed Product Cadence to Lift Legacy Auto Maker

Ford Motor Company (NYSE:F) Cash Restructuring, Refreshed Product Cadence to Lift Legacy Auto Maker

Ford Motor Company (NYSE:F) Cash Restructuring, Refreshed Product Cadence to Lift Legacy Auto Maker In a note to clients on Monday, Goldman Sachs upgraded shares of the Detroit-based car company to buy from neutral. Analyst David Tamberrino attributed his bullish outlook to the company’s ongoing restructuring plan as well as the rollout of new auto models. Ford’s CEO […]

A 2019 Bear Market Event May Trigger a DJIA Move to 40,000

A 2019 Bear Market Event May Trigger a DJIA Move to 40,000

A 2019 Bear Market Event May Trigger a DJIA Move to 40,000 $DIA, $SPY, $QQQ, $RUTX, $MTAFF, $GLGDF, $RGLD, $FNV,$WPM You may recall in January 2016, the DJIA was trading at the 16,000 mark, when Yves Lamoureux, President of macroeconomic research firm Lamoureux & Co., said DIA would top 25,000 within 3-4 years. It did not take […]

Ford Motor Company (NYSE:F) posts weaker sales and higher costs in China

Ford Motor Company (NYSE:F) posts weaker sales and higher costs in China

Ford Motor Company (NYSE:F) posts weaker sales and higher costs in China Ford Motor Company (NYSE:F) said it earned $991 million in net income in the third quarter, down 37% from the third quarter of 2017 largely because of weaker sales and higher costs in China. Revenue of $37.6 billion was up about $1.1 billion […]

Domino’s Pizza, Inc. (NYSE:DPZ) revenue to jumped 24%

Domino’s Pizza, Inc. (NYSE:DPZ) revenue to jumped 24%

Domino’s Pizza, Inc. (NYSE:DPZ) revenue to jumped 24% Domino’s posts its results on Tuesday morning, and investors have high hopes for the delivery giant’s latest operating trends. Its last quarterly report hit all the right notes, with sales expanding by a robust 7% at its existing take-out and delivery hubs. That boost, plus the addition of […]

Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus $TM, $RACE, $HMC, $POAHY Deliveries of the Lexus LY 650 65-ft luxury yacht begin mid-2019 We’re way past the point where we think of carmakers as restricted to making just cars. For example: There is Aston Martin (LON:AML) that’s building luxury apartments in Miami. Porsche Design […]

The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns

The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns

The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns Boeing (BA) and fellow Dow Jones industrial stocks United Technologies (UTX), Caterpillar (CAT) and 3M (MMM) fell Wednesday. Industrial stocks are not safe havens from the tech-led sell-off in the face of rising interest rates and trade war concerns. […]

Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off

Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off

Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off Caterpillar stock lost 3.8% to 143.72. The heavy machinery maker is testing its 200-day average line after tumbling below its 50-day line on Wednesday. Caterpillar is still ranked No. 1 in IBD’s Machinery-Construction/Mining group. Price earnings ratio (P/E) ratio of Caterpillar Inc. (CAT) is 16.38. CAT […]

UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket

UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket

UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket Health insurers have been among the top-performing groups in 2018. They’ve been among the only top-rated groups to fare reasonably well in October, as other medical groups have sold off, such as software and chip names. UnitedHealth stock tested its 50-day line intraday, but settled with […]

Ford Motor Company (NYSE:F) Wall Street punishing Ford

Ford Motor Company (NYSE:F) Wall Street punishing Ford

Ford Motor Company (NYSE:F) Wall Street punishing Ford Ford Motor Co. shares traded below $9 on Tuesday for the first time in more than six years, a low point that experts blame in part on the Dearborn automaker’s reluctance to share a detailed map of its future. The stock price slumped 3.4 percent Tuesday to close at $8.95 per share. Blue […]

Ferrari’s (NYSE:RACE) Monza Supercars Big Boost to Earnings

Ferrari’s (NYSE:RACE) Monza Supercars Big Boost to Earnings

Ferrari’s (NYSE:RACE) Monza Supercars Big Boost to Earnings $RACE Ferrari (NYSE:RACE) plans to sell 499 units of the Monza SP1 and SP2 Supercars at $1.85-M each. Over 2 years of production, that will generate an additional $755-M in revenue. The figure is the Italian price and includes a 22% VAT, which means just over $1.5-M […]

Wells Fargo & Company (NYSE:WFC) post earnings results on Friday

Wells Fargo & Company (NYSE:WFC) post earnings results on Friday

Wells Fargo & Company (NYSE:WFC) post earnings results on Friday Several of the country’s biggest financial giants will post earnings results on Friday, but investors are especially interested in Wells Fargo’s business update. The banking giant issued mostly disappointing figures back in July, as revenue was pulled lower by a declining loan portfolio. Wells Fargo […]

A “Red Wave” in November Means More Tax Cuts for Americans

A “Red Wave” in November Means More Tax Cuts for Americans

A “Red Wave” in November Means More Tax Cuts for Americans $DIA, $SPY, $QQQ, $RUTX, $VXX A “Red Wave” in the November midterm elections means “tax cuts 2.0” GOP voter enthusiasm is powered by support for Supreme Court nominee Brett Kavanaugh Financial stocks are rallying for a 2nd day running as 10-year T-Note yields top […]

Oracle Corporation (NYSE:ORCL) Oracle’s Thomas Kurian has resigned

Oracle Corporation (NYSE:ORCL) Oracle’s Thomas Kurian has resigned

Oracle Corporation (NYSE:ORCL) Oracle’s Thomas Kurian has resigned Oracle Corp. says one of its top executives, Thomas Kurian, has resigned from the company, three weeks after saying he was taking “extended time off” from the database and business software giant. In September, Kurian told employees via an email that he would be taking extended leave, and […]

Southwest Airlines Co. (NYSE:LUV) Possible Double Digit Profits

Southwest Airlines Co. (NYSE:LUV) Possible Double Digit Profits

Southwest Airlines Co. (NYSE:LUV) Possible Double Digit Profits Southwest Airlines Co. (LUV) operates a passenger airline that provides air transportation services in the U.S. and near-international markets. It serves 101 destinations in 40 states; Washington, D.C.; and Puerto Rico and also eight other countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, […]

NIKE, Inc. (NYSE:NKE) Buy on Dips

NIKE, Inc. (NYSE:NKE) Buy on Dips

NIKE, Inc. (NYSE:NKE) Buy on Dips Nike shares fell as much as 3 percent on Wednesday after the company disappointed Wall Street by not raising its full-year forecast following a sales boost from its Colin Kaepernick ad campaign. The campaign, along with Nike’s increasing efforts to woo younger customers with new sneakers and jerseys, had led […]

Twitter Bans James Woods #FreeJamesWoods

Twitter Bans James Woods #FreeJamesWoods

Twitter Bans James Woods #FreeJamesWoods Conservative actor and Trump supporter James Woods has been banned from Twitter for sharing a meme trolling the Democrats. Woods hit back, accusing Twitter of being in the “censorship business.” Conservative Twitter users have been quick to come to Woods’ defense, echoing his claim that Twitter is engaging in politically-motivated […]

Aurora Cannabis Plans US Stock Listing in October

Aurora Cannabis Plans US Stock Listing in October

Aurora Cannabis Plans US Stock Listing in October $ACBFF, $TLRY, $KO, $SZT Canada’s Aurora Cannabis Inc. (TSX:ABC) said Thursday it planned a US listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis […]

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022”

Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced  plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]

The Coca-Cola Company (NYSE:KO) Cannabis Deal Coming?

The Coca-Cola Company (NYSE:KO) Cannabis Deal Coming?

The Coca-Cola Company (NYSE:KO) Cannabis Deal Coming? This brings us to the Rumor of the Day in the cannabis market: a potential deal between Coca Cola Co. and Aurora Cannabis Inc. (TSX: ACB). While a Coca Cola official has issued a statement saying that management “have no interest in marijuana or cannabis”, this news is […]

The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4%

The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4%

The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4% $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, the S&P 500 finished with a gainer of 0.1%, driven by financial shares, which rallied on another rise in interest rates. The blue-chip DJIA outperformed, adding 0.6%, the NAS Comp  lagged, closing lower by 0.1%, and the small-cap Russell […]

SunTrust Banks, Inc. (NYSE:STI) Buy on Dips

SunTrust Banks, Inc. (NYSE:STI) Buy on Dips

SunTrust Banks, Inc. (NYSE:STI) Buy on Dips The stock has current RSI value of 30.79. Wilder believed that when prices rose very rapidly and therefore momentum was high enough, that the underlying financial instrument/commodity would have to eventually be considered overbought and a selling opportunity was possibly at hand. Likewise, when prices dropped rapidly and […]

Ferrari’s (NYSE:RACE) ‘Icona’ Project Focused Boosting Profit Margins

Ferrari’s (NYSE:RACE) ‘Icona’ Project Focused Boosting Profit Margins

Ferrari’s (NYSE:RACE) ‘Icona’ Project Focused Boosting Profit Margins $RACE Ferrari (NYSE:RACE) is set to unveil a Special Edition Supercar that will form an integral part of CEO Louis Camilleri’s highly-anticipated 5-year strategy plan. The “Icona” project, hinted to customers last month in an invitation, will broaden Ferrari’s offering of Limited Edition Super and HyperSuper cars, a […]

salesforce.com, inc. (NYSE:CRM) Time magazine will have a new home

salesforce.com, inc. (NYSE:CRM) Time magazine will have a new home

salesforce.com, inc. (NYSE:CRM) Time magazine will have a new home Nearly eight months after Meredith Corp. MDP, -0.57% completed its purchase of Time Inc., the publisher has agreed to sell Time magazine for $190 million to Marc Benioff, co-founder of Salesforce.com CRM, -0.44% , and his wife Lynne Benioff. The proposed sale is expected to […]

Ford Motor Company (NYSE:F) faced potential insolvency during the last financial crisis

Ford Motor Company (NYSE:F) faced potential insolvency during the last financial crisis

Ford Motor Company (NYSE:F) faced potential insolvency during the last financial crisis Ten years ago, amidst the worst financial crises since the Great Depression, the American auto industry almost died. By Fall 2008, the “Big Three” US car companies of General Motors, Chrysler, and Ford faced potential insolvency, and without swift government intervention, their futures were […]

1 2 3 18