Ferrari (NYSE:RACE) Stock Seeking All Time Highs

Ferrari (NYSE:RACE) Stock Seeking All Time Highs

$RACE Ferrari (NYSE:RACE) gaped open higher and held the 4.06% gainer Tuesday, as the broad market got hammered, with all of the major US stock indexes down more than 1% on the day, and all 11 S&P 500 sectors finishing in the Red. The stock rose after the iconic Italian luxury Supercar maker beat earnings […]

Ferrari (NYSE:RACE) Reports Earnings Tuesday

Ferrari (NYSE:RACE) Reports Earnings Tuesday

$RACE Ferrari (NYSE:RACE) will report earnings Tuesday and the stock is very oversold in here. Shares finished Monday at:132.33-1.81 (-1.35%) in New York. After hitting resistance in mid-April, Ferrari lost the 20-Day MA support which turned to resistance. Monday, the stock gaped below the 50-Day MA, and failed to close above it, as buyers bought […]

China Working to Resolve Trade Differences ‘Quickly’

China Working to Resolve Trade Differences ‘Quickly’

China Working to Resolve Trade Differences ‘Quickly’ China is confidence that it can reach a trade deal with the United States very timely. Tuesday, US President Donald Trump warned that he would revert to more tariffs if the 2 sides cannot resolve their differences within the time frame set out Saturday. The Chinese Commerce Ministry […]

US Wants to Reach Canada Trade Deal ‘Quickly’

US Wants to Reach Canada Trade Deal ‘Quickly’

US Wants to Reach Canada Trade Deal ‘Quickly’ The United States want strike a quick trade with Canada after reaching an agreement with Mexico this week on continent-wide trade, US Treasury Secretary Steven Mnuchin said Tuesday. Canada’s Foreign Minister Chrystia Freeland traveled to Washington to begin talks later Tuesday, 1 day after US President Donald […]