“Lies, Damned Lies and Coronavirus Statistics” is a new video from The Corbett Report that shows how the COVID-19 coronavirus statistics are nothing but “manipulated, phony, hooey.” Methodically, the report explains how health leaders are massaging the numbers as they tally case statistics, deaths and fatality rates. From the way the numbers are reported, to […]
$RACE The Hot automotive market began to cool in November. With good sales, but was down from Y 2018. Hang on, Y 2019 was not all bad for the sector’s Aristocrat, Ferrari. The Maranello Outfit sold and 10,131 cars, and made a record profit on each 1 of them, too, according to a new report […]
$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 […]
$BYND Beyond Meat Inc. (NASDAQ:BYND) is the story stock of the year so far, when it comes to IPOs and the follow-on interest. After pricing its IPO at just 25/share earlier this year, the lowest the stock has traded has been 45, and its high has been nearly 240, it finished at 146.85 in NY […]
$UBS, $CS UBS Group (NYSE:UBS) warned that the worst may not be over after clients pulled $13-B in assets during a market correction in the last 3 months of Y 2018. Increased volatility, rising protectionism and geopolitical tensions are still weighing on investors, which will hit wealth and asset management revenue in Q-1, the Zurich-based […]
Tesla (NASDAQ:TSLA) There is No Clear Evidence that 2018 Production is ‘Sold Out” $TSLA There is no evidence that Y 2018 production has sold out. Norway registrations continue to deteriorate. LIBOR rates are rising again in Q-4. Tesla is a Trap! It has been almost weeks since Tesla (NASDAQ:TSLA) reported its Q-3 earnings, sending the […]
S&P 500 Companies’ Profit Growth Highest Since 2010 $DIA, $SPY, $QQQ, $RUTX, $VXX Still, investors are somewhat cautious with US Congressional midterm elections Tuesday. US earnings growth for S&P 500 companies in Q-3 is on track to be the highest since Y 2010, eclipsing the strong results from earlier this year, according to the data. […]
Tesla (NASDAQ:TSLA) A Lesson in Why Not to Buy the Hype $TSLA Tesla Inc. (NASDAQ:TSLA) said late Monday evening that it expects to report Q-3 earnings after the closing bell Wednesday. Tesla stock was down 0.3% in after hours trading. The company will host a conference call at 5:30p EDT to discuss the Quarter and outlook. […]
Ferrari (NYSE:RACE) Outperforms the Entire Automotive Sector $RACE Ferrari (NYSE:RACE) delivered an ROE of 63.1% over the past 12 months, impressive in the extreme compared to the industry average of 14.0% during the same frame. RACE has made huge profits from little equity capital. Taking a closer look at some factors like financial leverage to […]
Ferrari (NYSE:RACE) Trading Over $125/share $RACE Ferrari (NYSE:RACE) shares have been under some pressure lately after the death of Fiat Chrysler Automobiles (NYSE:FCAU) CEO Sergio Marchionne, who had led Ferrari too. Ferrari’s new CEO Louis Camilleri, 63 anni, at a recent press conference, had described ambitious $2.3-B EBITDA (earnings before interest, taxation, depreciation and amortization) […]
Key Events in the Life of Tesla (NASDAQ:TSLA) $TSLA Here are some of the key events in Tesla Inc’s (NASDAQ:TSLA) turbulent history as a public company. June 29, 2010 – Chief Executive Elon Musk and team ring the Nasdaq opening bell as Tesla becomes the 1st car company to go public in the United States […]
Goldman Sachs Very Bearish Tesla (NASDAQ:TSLA), Musk Bristles… $TSLA Elon Musk says Tesla (NASDAQ:TSLA) bears like Goldman Sachs are in for a ‘rude awakening’ Goldman Sachs raised its Model 3 production estimates Monday, but the bank is Very Bearish Tesla. CEO Elon Musk sent a news article about the analyst note to the entire company. “They […]
Ferrari’s (NYSE:RACE) Profit Soars, Declares Dividend $RACE Aristocrat automotive sector leader Ferrari (NYSE:RACE) said Thursday that its net profit rose 24% in Q-4 Y 2017, and that it declared a dividend for the year. Net profit rose to $169.1-M (EUR 136-M) in the Quarter, up significantly from the same frame a year earlier, the iconic Italian […]
DJIA Dips, as Market Bulls ‘Pause to Refresh’ $DIA, $SPY, $QQQ, $VXX The DJIA – 1.4% to 26076.89, the S&P 500 – 1.1% to 2822.43, and the NAS Comp – 0.9% to 7402.48. Rising bond yields profit taking in healthcare shares pushed the DJIA due South Tuesday tapping the Key support zone, its biggest 1-day decliner […]
GM Challenges Tesla’s (NASDAQ:TSLA) Electric Cars $GM, $TSLA, $F General Motors (NYSE:GM) plans to launch a new family of EVs in Y 2021 that will cost less to build and make a profit for the US #1 automaker, CEO Mary Barra told investors Wednesday. Her plans represent a direct challenge to money-losing electric vehicle specialist […]
Ferrari’s (NYSE:RACE) Stock Rally Not Over $RACE Ferrari (NYSE:RACE) stock continued in consolidation mode last week, finishing at 110.74, +0.6% on the week. The company’s stock has risen 90% YTD, falling about 3.% in September, after marking an all-time high a 118.10 on 6 September, but was turned back at the major resistance where profit […]
Ferrari (NYSE:RACE) Dips on Profit Taking, Maserati IPO Speculation. $RACE Note: The short interest is extremely low for RACE with fewer than 1% of shares on loan, indicating that investors who seek to profit from falling equity prices are not currently targeting Ferrari. Ferrari (NYSE:RACE) shares gaped lower at the open Thursday as an analyst […]
The Suncorp Group Ltd (ASX: SUN) share price fell 6% to $13.63 this morning, after the company released its full year results. Here’s what you need to know: Revenues rose 12% to $17.4 billion Profit rose 4% to $1.07 billion Dividends of 73 cents up from 68 cents previously Insurance gross written premium (GWP) up by 4% Cash […]
Altria, the largest tobacco company in the US, reported a 20 per cent increase in net earnings on Wednesday as growth in its smokeless products continued to take off while higher Marlboro cigarette prices also padded profits. Net income rose to $1.99bn, or $1.03 per share, compared to $1.65bn, or 84 cents per share in […]
Ferrari (NYSE:RACE) Shares Gained 19% Over the Past Month or So $RACE A strong increase in Q-1 profits and a good month of F1 racing drove Ferrari’s stock higher in and the 1st 2 days in June. Shares of Supercar and HyperSupercar maker Ferrari N.V. (NYSE:RACE) are rallying and racing higher, finishing Friday at 90.59. […]
Starting Up: Passion is the Goal, Profit is the Means Deferred living is a mistake As Founders we’ve all more or less come to the conclusion that if we work really hard and make lots of sacrifices, one day we’ll actually be able to pursue our real passions. We’re willing to trade a painful now for […]
Ferrari (NYSE:RACE) Beat the Street, Stock Spikes $RACE, $FCAU Thursday, the iconic Italian luxury carmaker reported a 38% rise in Q-4 adjusted core earnings and gave a strong guidance for Y 2017, driving its NYSE listed shares us more than 4% on the day. Ferrari was spun off from Fiat-Chrysler (NYSE:FCAU) in October 2015, said adjusted EBITDA […]
LTN Favorite Ferrari (NYSE:RACE) Above Key Resistance Turned Support $RACE Ferrari (NYSE:RACE) with a market cap near 12-B has been on the stock market since its IPO date on the 21 October 2015. Ferrari is in the Auto Manufacturers – Major industry and Consumer Goods sector and trade as a Luxury brand. Average volume for Ferrari […]
LTN’s Feature Stock of the Day: Statoil ASA (NYSE:STO) $STO Statoil ASA, (NYSE: STO) has a market cap of 60,190.19-B. It is in the Major Integrated Oil & Gas and sector Basic Materials. STO’s home country is Norway, and was 1st put on the stock market with an IPO date, 18 June 2001. Symbol Last […]
LTN’s Stock of the Day: Ferrari NV (NYSE:RACE) $RACE, $FCAU LTN’s stock of the day is Ferrari NV, (NYSE: RACE), with a market cap of US$11212.49-B. Italy and the world’s premier automaker, Ferrari, is in the industry Auto Manufacturers, Major and Consumer Goods sectors. Once a unit of Fiat-Chrysler (NYSE:FCAU) Ferrari shares were 1st put […]
Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) grains futures fell Thursday, retreating from early advances as gains in the USD and profit-taking by traders. The most active Corn contract for December delivery fell 6.5 cents, or 1.82%, to 3.51 bu. December Wheat delivery dropped 3.25 cents, or 0.77%, to […]
Reform, Innovation Driving Chinese Economy When Shanghai INESA held its first technology meeting in Y 2010, a board erected at the door of the meeting room had almost nothing to display as there were no “decent” quality products at that time. But things became different when the instruments and electronics products manufacturer held its second […]
Americans are Getting Heavier and Heavier Since the late 1980’s and early 1990’s, the average American has put on 15 or more additional pounds without getting any taller. Even 11-year-old kids aren’t immune from this weight plague, the study found. Girls are more than 7 pounds heavier even though their height is the same. Boys […]
Ferrari (NYSE:RACE) Beat Analysts Expectations $RACE Ferrari NV’s (NYSE:RACE) Q-2 profit beat expectations as Supercar sales in China rose along with plans to boost margins with more Special-Edition vehicles. Adjusted earnings before interest and taxes jumped 26% to EUR 156-M ($175-M), beating an average estimate of EUR 134.9-M from 7 analysts surveyed. Revenue increased 5.9% to […]
Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn, Wheat, and Soybean all retreated Thursday capping a 6 day run-up, as the USD rallied Vs most major currencies. The most active Corn contract for Jul delivery shed 4.75 cents, or 1.10%, to close at 4.265 bu. Jul Wheat delivery declined […]
Wanda City Opening to Rival to Shanghai Disney (NYSE:DIS) $DIS China’s Wanda Group on Saturday opened a RMB 40-B (US$6.1-B) theme park in the eastern city of Nanchang, capital of Jiangxi Province. Wanda Cultural Tourism City (Wanda City), is the latest rival to Shanghai Disney (NYSE:DIS) opening to the public in June. At the opening […]
GAWK, Inc. Files Form 10K, Reports Company Revenue Up 984% Los Angeles, CA…May 25, 2016 – GAWK Inc. (OTC PINK: GAWK) today announced that on May 24, 2016, the Company filed its Annual Report on Form 10-K for the year ended January 31, 2016 with the U.S. Securities and Exchange Commission. In the filing, the […]
Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn and Wheat fell sharply Tuesday, Soybeans also retreated after its 2-day gainer. The most active Corn contract for July delivery declined 12 cents, or 3.06%, to close at 3.7975 bu. July Wheat delivery declined 17 cents, or 3.49%, to close at […]
Play God With Nature, Get Burned GMO food has been touted as the savior of the world; feed the hungry, make farming more profitable and minimize the use of pesticides, and it is safe. Lots of scientists have confirmed that GMO food is safe for consumption despite the public’s support for restrictions on such food […]
Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn and Wheat finished higher Monday, Soybean fell on profit taking to open this week. The most active Corn contract for May delivery added 2.50 cents, or 0.66%, to close at 3.81 bu. May Wheat delivery advanced 13 cents, or 2.83%, to […]
Disney Sacks Staff At HK Disneyland, Attendance Tumbles $DIS Hong Kong Disneyland cut jobs after sustaining its first loss in four years amid a slump in mainland visitors to the city. Friday, Hong Kong media reported that The Walt Disney Co.’s (NYSE:DIS) theme park sacked about 100 workers. Hong Kong Disneyland reviews operational needs from […]