Factory Orders Off, as Shipments Post Largest Decline in 2 Years

Factory Orders Off, as Shipments Post Largest Decline in 2 Years

FLASH: New orders for US made goods fell in April and shipments dropped by the most in 2 years, indicating continued weakness in manufacturing activity that could undercut the broader economy. Factory goods orders declined 0.8%, pulled down by soft demand for transportation equipment, computers and electronic orders, and primary metals, the Commerce Department said Tuesday.  […]

F1: Ferrari’s (NYSE:RACE) China ‘Team Orders’ Set a Complex Precedent

F1: Ferrari’s (NYSE:RACE) China ‘Team Orders’ Set a Complex Precedent

$RACE FLASH: We had to do whatever we could’ – Ferrari said as why they switched Charles Leclerc and Sebastian Vettel in China Last weekend Ferrari (NYSE:RACE) issued team orders in China, with Charles Leclerc instructed to move over for Sebastian Vettel during the Chinese Grand Prix. It was the 3rd race running that The […]

Is Bitcoin (BTC) Ready to Breakout?

Is Bitcoin (BTC) Ready to Breakout?

$BTCUSD Bitcoin (BTC) has held its market cap above $90-B as the markets look to be winding up for another attempt to break through the next Key overhead resistance psych mark at $6,000. Bitcoin is currently trading at $5,025.6602 off 139.85 on the day, If the market can establish support above $5,000, then another Bullish […]

Ferrari 2018 (NYSE:RACE) Core Q-3 Earnings Unchanged

Ferrari 2018 (NYSE:RACE) Core Q-3 Earnings Unchanged

$RACE Ferrari’s (NYSE:RACE) sales mix trended toward its “entry-level” Portofino Supercar in the Q-3 rather than its high-margin Limited-Edition models. The iconic Italian Supercar maker has had a run of record earnings, helped by its higher-margin Special Edition models and a “customisations programme’. Investors have been looking for reassurance that new CEO Louis Camilleri can […]

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace $SOY, $UNG, $USD US manufacturers expanded at a faster pace in November as new orders surged, a positive sign for domestic economic growth heading into Y 2019. The Institute for Supply Management, an association of purchasing managers, said Monday its manufacturing index rose to 59.3 last month from 57.7 in […]

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing

The Trump Effect: Americans Working, Higher Wages, Booming Manufacturing The Trump Effect has Made America Great Again, and Is Keeping America Great! The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which continues to underpin economic growth. The labor market, which is […]

Tesla (NASDAQ:TSLA) Demanding More Deposit Money on M3 Orders

Tesla (NASDAQ:TSLA) Demanding More Deposit Money on M3 Orders

Tesla (NASDAQ:TSLA) Demanding More Deposit Money on M3 Orders $TSLA This week, nascent EV maker, Tesla (NASDAQ:TSLA) sent out e-Mails to all reservation holders of its M3 sedan to confirm their orders and configure their vehicles and send in another $2,500. This comes as CEO Elon Musk is scrambling to drive up production of the […]

The Trump Effect: Global Growth, USD, Drive Durable Goods Orders Up

The Trump Effect: Global Growth, USD, Drive Durable Goods Orders Up

The Trump Effect: Global Growth, USD, Drive Durable Goods Orders Up Orders for long-lasting manufactured goods rose 2.9% in December, the fastest pace since June and another sign of strength for American industry under President Trump’s policies, the Commerce Department said Friday. Orders were lifted by a 15.9% spike in demand for civilian aircraft and […]

Trump Rally Extends to Record Highs on Wall Street

Trump Rally Extends to Record Highs on Wall Street

Trump Rally Extends to Record Highs on Wall Street $DIA, $SPY, $QQQ, $VXX No one is interested in selling this market, signaling that America’s investors are polling Very Positive for President Donald Trump, no matter what the left press is broadcasting, aka Fake News.  Again Thursday, the major US stock market indexes rose to record […]

F1: Ferrari (NYSE:RACE) Team Orders Have Changed

F1:  Ferrari (NYSE:RACE) Team Orders Have Changed

F1: Ferrari (NYSE:RACE) Team Orders Have Changed $RACE Ferrari’s (NYSE:RACE) ‘May the Best Man Win’ driver policy died with Enzo Ferrari If The Old Man, a autocratic and irascible team owner, was still around, it is unlikely he would have allowed an internal policy that clearly favors Sebastian Vettel over Kimi Räikkönen. The Ferrari management […]

Tesla’s (NASDAQ:TSLA) Losses Mount as Claims Broaden

Tesla’s (NASDAQ:TSLA) Losses Mount as Claims Broaden

Tesla’s (NASDAQ:TSLA) Losses Mount as Claims Broaden $TSLA Wednesday, Tesla’s (NASDAQ:TSLA) CEO Elon Musk, pulled back on estimates of Model 3 reservations, even as the company reported stronger than expected losing results. The fledgling EV maker continues to lose money, although it cited growing excitement and profit margins for its vehicles. Tesla reported a real […]

Donald Trump Scaling Back Hussein-Obama’s Business Regulatory System

Donald Trump Scaling Back Hussein-Obama’s Business Regulatory System

Donald Trump Scaling Back Hussein-Obama’s Business Regulatory System $DIA, $SPY, $QQQ US President Donald Trump orders a sweeping review of the Dodd-Frank Act rules enacted in response to the Y 2008 financial crisis, signing an executive action Friday designed to significantly scale back the overburdening business regulatory system put in place in Y 2010. President […]

Stock Trading Terminology: After-Hours Trading

Stock Trading Terminology: After-Hours Trading

Stock Trading Terminology: After-Hours Trading Most people trade during normal trading hours, which is 9:30a ET to 4:00p ET for the US markets. But, trading happens outside these hours and is known as the after-market session or extended trading. After-hours trading is done through electronic communication networks (ECNs) that are programmed to match buyers and sellers […]

Donald Trump Will ‘Vaporize’ Barack Hussein Obama’s Legacy Fast

Donald Trump Will ‘Vaporize’ Barack Hussein Obama’s Legacy Fast

Donald Trump Will ‘Vaporize’ Barack Hussein Obama’s Legacy Fast Newt Gingrich warns that the majority of US President Barack Hussein Obama’s legacy will soon be wiped out by the Trump Administration. The former House speaker made the remarks Wednesday after he was shown a clip of Mr. Obama’s recent NPR interview where he advised Donald […]

Business Spending Dives, Durable Goods Orders Fall, Recession Looms

Business Spending Dives, Durable Goods Orders Fall, Recession Looms

Business Spending Dives, Durable Goods Orders Fall, Recession Looms $DIA, $SPY, $QQQ, $VXX Orders for big-ticket manufactured goods dipped in September as a Key category that tracks business investment fell by the largest amount in 7 months. Orders for durable goods edged down 0.1% in September after gains of 0.3% in August and 3.6% in […]

Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7

Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7

Apple (NASDAQ:AAPL) has Limited Supply of New iPhone7 $AAPL If you are looking to buy Apple’s (NASDAQ:AAPL) new iPhone7 smartphones Friday you has better have ordered ahead. As some stores sold out, leaving those who purchased online with the best chance to get the latest models. Apple stores around the world turned away customers who […]

The Week Ahead on Wall Street

The Week Ahead on Wall Street

The Week Ahead on Wall Street $BF.B, $CRM, $AVGO, $CPB, $HRB There are only 5 members of the S&P 500 scheduled to report earnings this week, they are: Brown-Forman Corp. (NYSE:BF.B) and Salesforce.com (NYSE:CRM) Wednesday, and Broadcom (NASDAQ:AVGO), Campbell Soup Co. (NYSE:CPB) and H&R Block (NYSE:HRB) Thursday. Economic reports The week’s 1st notable economic report […]

Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’ $DIA, $SPY, $QQQ, $VXX July New Home Sales and August Philadelphia Fed NonManufacturing Survey Home Sales: +12.4%/ Philly Fed: -4 points; Orders: -14.9 points The Big Q: With housing and hiring looking really good, where is the economic disaster we keep hearing about? The notion that the […]

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June

US Manufacturing Pressured By Strong USD Fell in June $DIA, $SPY, $QQQ, $VXX New orders for US factory goods fell for a 2nd month running in June on weak demand for transportation equipment and capital goods The US Commerce Department said  Thursday that new orders for manufactured goods declined 1.5% after a Southwardly revised 1.2% […]

Ominous Business Indicator, Machinery Orders Soft

Ominous Business Indicator, Machinery Orders Soft

Ominous Business Indicator, Machinery Orders Soft $DIA, $SPY, $QQQ, $VXX US business spending intentions weakened in April for a 3rd month running on soft demand for machinery, but a surge in contracts to purchase previously owned homes to a 10-year high supported views economic growth was gaining speed. The growth picture was further boosted by […]

Ferrari F12Berlinetta Production Comes to an End, No More Orders

Ferrari F12Berlinetta Production Comes to an End, No More Orders

Ferrari F12Berlinetta Production Comes to an End, No More Orders $RACE The “Can not order new F12 anymore” thread is exactly what it sounds like. Several members of the “chat” have posted about how their local Ferrari dealership cannot take any more F12Berlinetta  orders, this word is coming directly from the factory in Maranello. Now […]

The Week Ahead On Wall Street

The Week Ahead On Wall Street

The Week Ahead On Wall Street $AAPL, $BA, $CVX, $DD, $MMM, $PG, $UTX, $XOM This week about 200 members of the S&P 500 will report earnings to Wall Street. Included are DJIA components: Apple (NASDAQ:AAPL) on Monday; 3M (NYSE:MMM), Du Pont (NYSE:DD) and Procter & Gamble (NYSE:PG) Tuesday On Wednesday, Boeing Co. (NYSE:BA) and United […]