$DIA, $SPY, $QQQ, $RUTX, $VXX Risk is on, sidelined money coming back in and the market is posting record highs almost on a daily basis. The earnings news is providing its share of trading catalysts, but the macro news is mattering more as a market driver because the macro connection with the employment report, earnings […]
An earthbound jet known as the Bloodhound became 1 of the world’s 10 fastest cars this week, on target for its goal to set a new land speed record. “The feeling in this car is fantastic,” driver Andy Green, 57 anni, said Friday, days after the Bloodhound hit 501 mph (806 kph) in South Africa’s […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Donald Trump again cheered as all 3 of the major Wall Street’s indexes posted record closing highs Monday, extending a recent run of gainers, on prospects of a US-China trade deal and an improving US economy. It was the 2nd consecutive session of closing records for the S&P 500 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Risk is on, sidelined money coming back in. The earnings news is providing its share of trading catalysts, but the macro news is mattering more as a market driver because the macro connection with the employment report is that it suggests future earnings news may be better than expected. The […]
$DIA, $SPY, $QQQ, $RUTX, $VXX NAS Comp +26.4% YTD S&P 500 +22.3% YTD Russell 2000 +17.9% YTD DJIA +17.2% YTD This Bull may be old but it is not tired. A Bull market that traces its lineage to the depths of the financial crisis has marked its 4th straight weekly gainer and pushing its gain […]
$DIA, $SPY, $QQQ, $RURX, $VXX Investor money coming off of the sidelines as the DJIA rose 300.86 points, or 1.11%, to 27,347.09, the S&P 500 gained 29.36 points, or 0.97%, to 3,066.92 and the NAS Comp added 94.04 points, or 1.13%, to 8,386.40. The DJIA sits less than 12 points from a closing record. President Trump applauded […]
THE BUGATTI CHIRON IS THE FIRST NEAR PRODUCTION CAR TO DRIVE FASTER THAN 300 MPH World record for Bugatti. A pre-production vehicle of a Bugatti Chiron derivative is the first hyper sports car to break the magic 300-mile-per-hour barrier (482.80 km/h). At the same time, Bugatti has set a new TÜV-certified speed record with 304.773 […]
Speed Racer Jessi Combs, host of the television series “All Girls Garage,” was killed in a high-speed crash while trying to set a new land-speed record, her family said Wednesday. Ms. Combs, 36 anni, was attempting to become the fastest woman on Earth when she was killed while racing Tuesday on the Alvord Desert, a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.5%) and NAS Comp (+0.9%) set new records highs on Wednesday, driven by big gainers in semiconductor stocks and by shares of companies that beat earnings estimates, the Russell 2000 rose 1.6%. The DJIA lost 0.3% on losses in Boeing (BA 361.43, -11.54, -3.1%) and Caterpillar (CAT 131.91, -6.19, -4.5%) following disappointing earnings […]
$RACE FLASH: Charles Leclerc determined to win the race after taking Austria Pole Saturday afternoon at the Red Bull Ring. Ferrari’s (NYSE:RACE) Charles Leclerc has called the Red Bull Ring his favorite track. Now he is looking to take the Chequered flag Sunday after taking his 2nd career pole. There were scenes of giubilo in […]
$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 […]
FLASH: Weather forecasters say stage is set for unprecedented major flooding this Spring for most of the nation, US officials said Thursday. More than 200-M Americans are at risk for some kind of flooding, with 13-M of them at risk of major inundation, the National Oceanic and Atmospheric Administration said in its Spring weather outlook […]
FLASH: US construction spending edged down 0.6% in December with declines in residential construction and government projects. On the year, construction spending rose 4.1% to $1.3-T an all-time high, but the 4.1% gain was the weakest performance since spending fell 2.6 % in 2011. Even with the December setback, construction spending for all of Y […]
In January, Australia sweltered through its hottest month on record, and the Summer of extremes continues with wildfires razing the drought-parched south while expanses of the tropical north are flooded. Australia’s Bureau of Meteorology Friday confirmed the record heat during January as parts of the northern hemisphere have recently experienced record cold. Australia’s scorching start […]
‘Black Friday’ Merging with ‘Cyber Monday’ for Record Sales The buying and selling pace that was set Thanksgiving Day carried over into Black Friday as consumers continued to open their wallets at a record-setting rate, according to the latest data. We learned that Friday evening that consumers had spent $4.1-B as of 8:00p ET, which […]
David Hockney’s “Portrait of an Artist (Pool with Two Figures)” Hammered for $90.3-M Thursday evening, an iconic Y 1972 painting by British artist David Hockney, 81 anni, hammered for $90.3-M at Christie’s besting the record for the highest price ever paid at auction for a work by a living artist. With Christie’s commission, “Portrait of […]
Rio’s (NYSE:RIO) Argyle Pink Diamonds Tender Breaks Record $RIO The Argyle mine is the biggest diamond operation in Australia, and the source of rare and prized fancy pink gems. Rio Tinto, (NYSE:RIO) the world’s #2 miner, announced today that it delivered record results at its 2018 Argyle Pink Diamonds Tender, which included 63 rare pink, red […]
DJIA Marks a Record Close $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the DJIA marked a record closing high but the S&P 500 and NAS Comp finished in the Red. The Russell 2000 also struggled Tuesday, losing 1.0% to extend its weekly loss to 2.4%. The small-cap index has been weighed down this week by a […]
Japan Marks a Record with 70,000 People Over 100 Japan has almost 70,000 centenarians and most of them are women, the health ministry said Friday. As of September, the nation’s centenarian population stood at 69,785, which is a new record high, and women accounted for 88.1 percent of the total. The number of male centenarians rose […]
Vintage & Classic Ferrari’s Are in a Bull Market $RACE Last week and just after the S&P 500 posted yet another record high, a vintage Ferrari went under the hammer for the highest price ever for a car at auction, it the latest indicator that while investors may fret about frothy financial asset valuations, specialist […]
S&P 500 Index Marks Longest Bull Run on Record $SPY, $DIA, $QQQ, $RUTX Wednesday, the major US stock indexes paused in trading, as the market marked the longest Bull run in history. Gainers in technology stocks, retailers and energy companies outweighed losses in industrial firms and elsewhere in the market. The S&P 500 held steady, […]
S&P 500 Marked Record High in the Longest Bull Market on Record $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, the benchmark S&P 500 marked a record high, as US stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China. The S&P rose as much as […]
US Stock Broke Out Above Strong Resistances Extending the Longest Bull Run on Record $DIA, $SPY, $QQQ, $RUTX, $VXX HeffX-LTN’s overall out look for the US equities market is Bullish Stocks rallied Thursday, the S&P 500 opened higher and extended gains into the afternoon, the benchmark index finished +0.8% off its session highs. The DJIA […]
California’s Record Fire Season Update It is a record-setting year for wildfires in California. Among 3 major blazes, 1 threatened Yosemite National Park and another became the largest in state history. The Ferguson Fire was centered near Yosemite, which reopened Tuesday, welcome news in a state that generates $132-B in travel spending. Following are updates on three major […]
US Stocks Headed to Record Territory $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, US stocks advanced for a 4th session running, with the S&P 500 climbing 0.3% to 2858. The benchmark index is now within 0.5% of its 26 January record high. The tech-heavy NAS Comp climbed 0.3%, and the DJIA rose 0.5%. The S&P 500 […]
US High School Teacher Rows Solo across Atlantic Ocean in Record Time A high school science teacher from Cincinnati, Ohio, has rowed solo across the Atlantic, setting a record for a West-to-East crossing. Bryce Carlson, 37 anni, arrived at St. Mary in the Scilly Isles, off England’s southwestern tip, late Saturday, 38 days, 6 hours […]
Fed Upbeat on US Economy, the NAS Marks Another Record High $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday the NASDAQ marked a fresh record, as the Fed Chief, Jay Powell, offered an upbeat appraisal of the US economy. The tech-rich NAS Comp gained 0.6% to 7,855.12, 30 pts above the record set on 13 July . […]
F1: MercedesAMG’s Valtteri Bottas on the Pole for the Austrian Grand Prix $RACE FLASH: Sebastian Vettel has felt the heavy hand of the F1 race stewards for a 2nd week running after being hit with a 3-place grid penalty for blocking Carlos Sainz during qualifying for the Austrian Grand Prix Saturday. The 2018 Formula 1 World Championship is a […]
NASDAQ Marks Record High Close $QQQ, $AAPL, $MSFT, $AMZN Wall Street’s 3 major indexes rose Monday, led by a rally in tech stocks, pushing the NASDAQ to a record closing high as investors bet on a continuation of strong economic growth. Apple (NASDAQ:AAPL) shares rose to their highest ever on investor bets on its annual […]
Ferrari 250 GTO Sets World Record Sale at $69.43-M $RACE Vintage and Classic Ferraris are holy grail of collector cars, and the 250GTO’s are the most sought after and revered. The 250GTO is a 174mph road-legal racing car and just 36 built between Ys 1962 and 1964. For years the Ferrari has been and continues to […]
Nothing Compares to Rare, Fine, Old Scotch Whisky A rare 60-year-old Macallan whisky fetched $1.01-M at Bonhams Hong Kong Friday, smashing the record for the most expensive bottle ever sold at auction. The record lasted barely a dram, as 2nd bottle, also from the 1926 vintage, went for $1.1- a few hours later at the […]
Box Office: “Avengers: Infinity Wars” Debuts at $250-M, a Record High Domestic Open! $DIS, $IMAX, $VIA “Avengers: Infinity Wars” opened with a $250-M box office at the weekend and edging past “Star Wars: The Force Awakens” to set the highest opening weekend of all-time. “Infinity War,” brings together about 24 superheroes in the 10-year culmination […]
3.47 Carat Blue Diamond Breaks World Record $BID A cut-cornered rectangular step-cut fancy intense blue diamond weighing 3.47 carats set a price-per-carat world record for a blue diamond after it sold for $1.9-M/carat to reach almost $6.7-M at Sotheby’s Magnificent Jewels Auction. The gem’s final price nearly 3X’d Sotheby’s (NYSE:BID) pre-sale estimate of between $2 and 2.5-M […]
US New Home Sales Up 4%, West Marks 11-Year Highs Sales of new US single-family homes increased in March as sales in the West rose to their highest marks in more than 11 years. The Commerce Department said on Tuesday new home sales increased 4.0% to a seasonally adjusted annual rate of 694,000 units last month. February’s […]
F1: Ferrari’s (NYSE:RACE) Sebastian Vettel On the Pole at Bahrain $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel’s engine problems that surfaced at the end of FP 3 did not carry into qualifying where he pushed through to Q3, taking Pole position, and setting the lap record at Bahrain International Circuit with a 1:27.958. Teammate, Kimi Räikkönen came 2nd fasted […]
Spotify’s Direct Listing Makes It a $30-B Company $SPOT Spotify Technology SA (NYSE:SPOT) shares surged following the largest-ever direct listing (non-IPO) Tuesday, giving the world’s leading streaming music service a market value of nearly $30-B. Spotify shares opened at 165.90, up nearly 26% from a reference price of 132 a share set by the on the […]
F1: Australian GP, Hamilton on the Pole, Ferrari’s Raikkonen, Vettel 2nd & 3rd $RACE Current world champion Lewis Hamilton (MBZAMG) took the Pole position for the Australian Grand Prix in Melbourne at record speed. The Mr. Hamilton posted a lap record 1 min, 21.16 secs for the Top Spot on the grid ahead of Ferrari […]
Gem Diamonds Ltd (OTCMKT:GMDMF) Sold the Lesotho Legend for $40-M $GMDMF Last Tuesday, the 910-carat Diamond, dubbed the Lesotho Legend was sold in a tender in Antwerp, Gem Diamonds Ltd. said in a press release Gem Diamonds (OTCMKT:GMDMF) found the huge gem stone at its Letseng mine early this year. To date it is the […]
DJIA Posted a New Record High, S&P 500 Flat, NAS Underpreforms $DIA, $SPY, $QQQ, $VXX Wednesday, the DJIA marked to a new all-time high, but NAS Comp retreated from records on weakness in Apple (NASDAQ:AAPL) shares. US stocks have rallied in recent weeks as enthusiasm about US tax cuts adds to optimism at improving […]
US Stock Market Behind President Trump on Government Shutdown $DIA, $SPY, $QQQ, $VXX US stocks rose to new records Friday, as the pending government shutdown proved No Match for the New Year Extension of The Trump Rally. Trading ranges were pretty narrow for most of the day, but a late wave of buying has the […]
America’s Confident Consumers Post Record Breaking Holiday Spending $AMZN, $M, $MA, $TGT, $FDX, $UPS The US Holiday shopping season is on track to break sales records on the back of rising consumer confidence presenting an unexpected “boom” for retailers and the delivery companies they rely on. The Christmas Holiday shopping season, a Key period for […]
President Trump Predicts ‘Monumental’ Tax Bill Will Pass $DIA, $SPY, $QQQ, $VXX US Stocks Hit New Records As Tax Reform Looks Likely Friday, President Donald Trump says he has seen the latest version of the $1.5-T tax overhaul package moving through Congress and he predicts it will do “very, very well.” The President told reporters […]
US Stocks at Record Highs as Fed Hikes Rates $DIA, $SPY, $QQQ, $VXX The Trump Rally Extends The Fed followed through on an expected interest-rate increase and raised their forecast for economic growth in Y 2018. “Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further,” the Federal Open Market […]
President Trump’s Tax Cuts Promote Growth, Reduce Deficit $DIA, $SPY, $QQQ, $VXX Market Notes Stocks rose to new all-time highs with technology and energy shares pacing the advance as The Trump Rally extends The CBOE launched Bitcoin (BTCUSD)futures trading Sunday evening. The 1-month futures contract was trading at around $18,600 at the stock market’s closing bell. […]
World’s Most Expensive Painting to be Displayed at Louvre Abu Dhabi The Christ by the Renaissance master smashed artwork auction records last month The world’s most expensive painting Leonardo da Vinci’s Salvator Mundi is to be displayed at the newly opened Louvre Abu Dhabi, the museum announced on Wednesday. In a Tweet the Louvre confirmed […]
Bitcoin Speculation Running to $15,000 This Month, Limits Off… $BTCUSD, $CBOE, $CME Bitcoin Bulls Running on Full Psych Steam Bitcoin climbed as much as 8.9% Thursday as it surged $14,925.3730, extending this month’s advance to more than 45%. The price of the cryptocurrency touched $14,925.3730, a record, according to LTN data. ASX Ltd., the main exchange […]
DJIA Post Another Record, Investors See Tax Cuts Ahead $DIA, $SPY, $QQQ, $VXX The DJIA marked aother record high Monday, with banks and retailers surging and tech falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts. The S&P 500 ended with a small loss after hitting an intra-day all-time […]
Rare Pink Diamond Hammered for $32-M in Hong Kong Tuesday, a large oval-shaped diamond known as the “Pink Promise” was sold to an anonymous buyer for $32-M in Hong Kong, just shy of shattering a world auction record. The 14.93-carat vivid pink diamond went for a final price of HK$249,850,000, which comes to $2.14 -M/carat, […]
Sotheby’s Contemporary Art Evening Auction Totals $310.3-M $BID, $RACE Notably, the Y 2001 Ferrari F2001 sold for $7.5-M against a high estimate of $4-M, Michael Schumacher’s Monaco Grand Prix-Winning Ferrari F2001 broke the auction record for a modern era F1 car following a 6-min battle between 8 bidders represented by both Sotheby’s and Sotheby’s specialists. This is […]
Homeownership Does Not Build Wealth Like Other Investments $DIA, $SPY, $QQQ, $VXX A home is a place to live, raise ad family and thrive, if it goes up in value it is a lucky extra Homeownership is necessarily better than paying rent, according to a study Florida Atlantic University, Florida International University and the University […]
Leonardo Da Vinci’s Christ Hammers for $450-M A painting of Christ by the Renaissance Master Leonardo da Vinci sold for a record $450-M at auction Wednesday evening in NYC, surpassing prior records for artworks sold at auction or privately. The painting, called “Salvator Mundi,” Italian for “Savior of the World,” is 1 of fewer than […]
The Trump Rally: DJIA Up 29%, as Banks, Tech Shares Soar $DIA, $SPY, $QQQ, $VXX Just 1 year ago, when it was not clear that Republican Donald Trump had upset and defeated Democrat Hillary Clinton to the US Presidency, futures in the DJIA dove nearly 900 points. However, at the close of trading of that […]
The Trump Rally is Almost 1 Year Old $DIA, $SPY, $QQQ, $VXX, $AAPL Friday, the US major stock market indexes finished the longest string of weekly gainers since Y 2013 as Apple Inc. (NASDAQ:AAPL) results and strong services sector data added to the continuing and growing optimism in the economy. US Dollar (.DXY) index rose, […]
DJIA Rises to Record Highs, S&P 500 & NAS Comp Lag $DIA, $SPY, $QQQ, $VXX Thursday, the DJIA climbed to record highs, while losses in Facebook (NASDAQ:FB) kept the S&P 500 and the NAS Comp flat. US investors are now seeing the tax cut plan unveiled by President Donald Trump and the GOP Congress. Market […]
Bitcoin Marks Another Record High, Topping $6000 Each $BTCUSD The most widely used digital currency will now cost you about $6,092.71 apiece after blowing past the $5,000 and $6,000 for the 1st time earlier this month. Bitcoin’s total value is just over $100-B, meaning it makes up more than 50% of the overall cryptocurrency market. […]
US Stock Indexes “Pause to Refresh” After Record Runs $DIA, $SPY, $QQQ, $VXX US stocks paused to refresh Monday as each of the major Wall Street indexes retreated from record highs General Electric (NYSE:GE) down 6.3%, saw its biggest 1-day percentage decliner in more than 6 years after a host of brokerages cut their price […]
Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B The landmark building owned by Hong Kong’s richest man Li Ka-shing has been sold to a consortium led by a Chinese energy firm. A landmark building owned by Hong Kong’s richest man Li Ka-shing, 89 anni, has sold for a record price a report said last week, […]
The Trump Rally Drives DJIA to Record 23,157.60 $DIA, $SPY, $QQQ, $VXX The DJIA marked 23,002 Tuesday intra-day, but closed just below the ’round’ mark. This latest 1,000-point increase was covered in half the time it took the index to move from 21,000 to 22,000. Wednesday, the US major stock market indexes finished at: DJIA +160.16 at 23157.60, […]
The Trump Rally Extends, Autos, Airlines Advance $DIA, $SPY, $QQQ, $VXX US economy growing under US President Trump’s developing economic policies. The major US stock indexes posted record high closes Tuesday, helped by gains in airlines and as carmakers rose after strong September vehicle sales. Major automakers posted higher US new vehicle sales in September […]
US Household Wealth Up $1.7-T, Another Record Under President Trump $SPY The wealth of US households rose to $96.2-T in Q-2 of this year, as US stock prices hit record highs and home values continued to climb, a report by the Fed showed Thursday. That compares to a downwardly revised $94.5-T tally for household net […]
Dow Jones Industrial Average Marks Another Record High $DIA, $SPY, $QQQ, $VXX The Trump Effect is preventing a US stock market crash Robert Shiller is warning investors that just 1 aspect is keeping today’s high-flying stock market from crashing like it did in Y 1929. The Yale University economics professor explained that there’s one vital […]
US Job Openings (JOLTS)Hit Record High, Qualified Workers Scarce $DIA, $SPY, $QQQ, $VXX The Trump Rally extends, US stocks mark record high, again, led by financials, Apple sags. US job openings aka JOLTS, rose to a record high in July, suggesting a slowdown in job growth in August was an aberration and that the labor market […]
US Stocks to Record Highs, Rate Hikes, NKorea, Irma Fears Fade $DIA, $SPY, $QQQ, $VXX The Trump Rally extends, as President Trump’s approval ratings soar. Monday, the S&P 500 rose 1%+ to a record high close, as Fed rate hike fear abated, Irma caused less damage than expected in Florida, and NKorea decided not to […]
America’s Manufacturers Are Thriving Under President Trump $DIA, $SPY, $QQQ, $VXX America’s manufacturers are showing signs of fabricating some genuine momentum. The NAS Comp (QQQ) moved back into record territory, climbing 2.7% to close the week at a new all-time high Add to that, improvement among US builders and miners and the US is finally […]
Strong US Economy, Strong US Stock Market =Trump Wins Again $DIA, $SPY, $QQQ, $HD, $AAPL Business guru Ken Langone says that President Donald Trump will easily be re-elected to a 2nd term if the US economy continues to strengthen and the US stock market surges to record highs on a daily basis, this latest streak […]
Record High Heat in SoCal, Wildfire Destroys Homes A fast-moving wildfire in the Sierra Nevada foothills destroyed 10 structures, including homes, and led to several minor injuries, fire officials said Saturday as blazes threatened homes around California during a heat wave. The fire South of Oroville was one of more than a dozen burning in […]
Phoenix, AZ Hits 117f Friday, Breaks 1905 Record Phoenix has broken a 112-yr record for Heat. National Weather Service meteorologists say the Arizona city had a high of 117 degrees on Friday. That broke the previous mark of 115f dating back to Y 1905. Meteorologists say the normal high temperature for 7 July in Phoenix […]
US Automakers Outsell June Estimates, End Anemic 1-H $F, $GM, $FCAU, $TM, $HMC, $VLKAY Demand for light trucks gave FoMoCo (NYSE:F). and top Japanese automakers better sales than analysts had estimated for June following a 5-month streak of industry declines. Toyota Motor Corp.’s (NYSE:TM) deliveries rose 2.1% June, while Honda Motor Co (NYSE:HMC) sales rose […]
US Pulls Out of Paris Climate Accord, Stocks Soar to Record Highs $DIA, $SPY, $QQQ, $VXX Our President choose to put American citizens, American energy and American industry 1st, as he promised, Yes! Thursday, President Donald Trump said that he will withdraw the United States from the Paris climate accord, “vowing to fulfill my solemn […]
Hermes Birkin Handbag Hammers for $380,000 at Christie’s HK Christie’s announced a luxury handbag has shattered the world auction record in Hong Kong. The UK auction house did not identify the buyer of the matte White Crocodile skin Hermes Birkin bag with 18 karat Gold and Diamond hardware at Wednesday’s sale. It fetched 2.94-M Hong […]
The Trillion Dollar Trump Rally Extends for 6th Day Running, $DIA, $SPY, $QQQ, $VXX The S&P 500 and NAS Comp marked record closing highs Thursday, with the market propped up by gains in the consumer discretionary sector after strong reports from retailers. The discretionary index gained 0.9%, while the S&P 500 retail index was up 1.6%, […]
Large Heart-shaped Diamond Breaks Record at Christie’s Geneva Sale The largest D flawless heart-shaped Diamond was sold last Wednesday in Geneva for $14.9-M. The gem, which is called La Légende and was created by Boehmer et Bassenge, broke a world record in its category. According to auction house Christie’s, the 92-carat Diamond forms the centerpiece […]
The Bitcoin Bonanza, the Cryptocurrency Marks a Record High $GLD, $BTCUSD $100’s worth of Bitcoins 7 years ago are now valued at nearly $80-M Bitcoin has more than 2X’d this year compared against the USD, reaching a record high of $2,190.45/each Monday, the 7-year anni of Bitcoin Pizza Day. The Day commemorates the time a […]
The Technical’s Stand Out in This Bull Market $DIA, $SPY, $QQQ, $VXX This, the strongest earnings season since Y 2011, is coming to a close, and with the S&P 500 and NAS Comp and DJIA at or near record highs, the biggest concern for some market analysts is why there is so little concern up […]
The Trump Effect: NAS Comp Finished Above 6,000 for 1st Time $DIA, $SPY, $QQQ, $VXX Tuesday, the Nasdaq Composite index hit a record high, the DJIA and S&P 500 tapped recent highs, as strong earnings underscored the health of corporate America. The NAS Comp closed above 6,000 for the 1st time, more than 17 yrs […]
Box Office: ‘Fate of the Furious’ Clocks $100.2-M in US & $532.5-M Globally $CMCSA, $AMZN, $FOX, $DWA, $DIS, $SNE The 8th installment in the franchise surpassed the previous worldwide record launch of ‘Star Wars: The Force Awakens.’ Universal’s Fast and the Furious, aka Furious 8, franchise is showing no signs of running out of gas […]
US Wealth Report: 10.8-M Households Worth at Least $1-M There were nearly 11-M households in the United States last year worth more than $1-M, a record. According to the results of a study conducted by the Spectrem Group, the number of households in the group increased by 400,000 and stood at 10.8-M by year’s end. […]
Hermes (HRMS:PA) Record Profits Signal Recovery in Luxury Sector French luxury goods group Hermes (HRMS.PA) said it started this year on a solid ground after announcing record Y 2016 profits Wednesday, providing further evidence of a broader recovery in the luxury goods industry. Hermes, known for its $10,000 Birkin bags and $400 printed silk scarves, […]
Christie’s Dubai Auction Fetches Record Setting $13. 43-M Christie’s Dubai March auctions of modern and contemporary Middle Eastern art and important watches realized a total of $13.43-M, setting new records. The Modern and Contemporary Middle Eastern Art sale held during the evening of 17 March concluded Dubai Art Week and achieved a total of $8,079,375, […]
RM Sotheby’s (NYSE:BID) Amelia Island Classic Car Auction Report $BID At the weekend, the RM Sotheby’s Amelia Island Concours d’Elegance sale posts a record $70.9-M in sales, the highest in its history RM Sotheby’s, the world’s largest auction house for investment-quality vehicles, reinforced its clear market leadership this past weekend by generating an outstanding $70.9% […]
A Klimt Sells for $59-M at Record-breaking London Art Auction $BID A painting of flowers by Gustav Klimt sold in London for GBP48-M (US$59-M), a record for a work by the Austrian artist and the 3rd-highest price for any work sold at auction in Europe, Sotheby’s (NYSE:BID) said Thursday. Described in the auction catalog as […]
Market Paused, President Trump Spoke, Unprecedented Rally Extends $DIA, $SPY, $QQQ, $VXX, $SNAP Investors piled into US stocks Wednesday, giving the market its biggest single-day gainer in 3 months, driving the major indexes to record highs again as The Trump Rally extends.. This Bull Market is being lead by the Big Banks on expectations that an […]
The Trump Rally Extends, Driven by Energy and Jobs Creation Vow $DIA, $SPY, $QQQ, $VXX Thursday, US stocks indexes finished higher driven by energy stocks and a renewed pledge by President Donald Trump to CEOs of 25 of major US companies to bring millions of jobs home to the United States. The S&P 500 posted […]
The Trump Rally Extends, S&P 500 Posts Another Record High $DIA, $SPY, $QQQ, $VXX Along with the S&P, the DJIA posted its 4th straight record close, the NAS Comp closed at a high for a sixth day running. MSCI’s all-country world index edged up 0.08%. Europe’s broad FTSEurofirst 300 index slipped 0.04%to snap a 5-session […]
Trump Rally Extends, Driving S&P 500 Market Value to $20-T + $DIA, $SPY, $QQQ, $VXX America First taking a firm hold on the business and consumer sentiment nation wide. Monday, the major US stock indexes hit record highs, with the benchmark S&P 500’s market value topping $20-T as investors see tax cuts promised by President Donald Trump coming […]
The Trump Rally Extends to Record Highs on Tax Talk $DIA, $SPY, $QQQ, $VXX Thursday, the 3 major US stock market indexes rallied to record highs after US President Donald Trump said he would make a major tax announcement very soon. DJIA +118.06 at 20172.40, NAS Comp +32.73 at 5715.19, S&P 500 +13.20 at 2307.87 […]
Trump Rally Extends, DJIA, S&P 500 & NAS Comp at Record Highs $DIA, $SPY, $QQQ, $VXX Wednesday, US stocks climbed into record territory, as the DJIA closed over the 20,000 mark for the 1st time as solid earnings and optimism over US President Donald Trump’s pro-growth initiatives extend the post-Election Trump Rally. President Trump has […]
The DJIA Tapped at the 20,000 Mark Friday $DIA, $SPY, $QQQ, $VXX The DJIA tapped at the 20,000 mark Friday, as US stock indexes close in on all-time highs as The Trump Rally extends. The US December jobs situation report showed that wages jumped by the largest amount in 7 years, though hiring was weaker […]
North American Box Office Posts Record $11.4-B in 2016 $DIS, $CMCSA, $FOXA, $TWX Animated family films played a huge part in the NA Box Office boom in Y 2016, Deadpool’ was the top-grossing Superhero film of the year domestically. Revenue at the North American box office came in at $11.36-B in Y 2016, setting a […]
Real Estate News: Penthouse in Aspen Sells For $16 Million Dancing Bear Aspen announced today the $16,000,000 sale of the penthouse residence within its newly opened Mountainside building, setting a new price per square foot record in the Aspen real estate market. At a price of $5,427 per square foot, the sale tops the previous […]
Donald Trump Leads Media to Record Ratings $FOX, $CMCSA, $TWX US President Elect Donald Trump’s candidacy gave Fox News, CNN and MSNBC their best ratings year ever, with each outlet posting record-breaking numbers Fox News (NASDAQ:FoX) topped its cable rivals in Y 2016, finishing as the most-watched basic cable network in both primetime and total […]
The Trump Rally Extends, DJIA and S&P 500 at Record Highs $DIA, $SPY, $QQQ, $VXX Wednesday, DJIA and the Standard & Poor’s 500 finished at record highs, the NAS Comp fell, dragged down by declines in big tech names. Trading was quiet ahead of the Thanksgiving Holiday weekend in the USA. Small-company stocks continued to […]
Penthouse at Sydney Tower Breaks Record with $26-M Sale Unidentified buyer purchases 4-bedroom apartment at Opera Residences Sales of Sydney’s 20-story, yet-to-be-built luxury development Opera Residences have reportedly kicked off with a record. The four-bedroom penthouse was purchased for A$26-M (US$19-M), an Australian record for an apartment, according to Domain Australia. The unidentified buyer, a […]
Eric Trump, “My Dad Will Prosecute a Case Against Hillary Clinton” Hillary Clinton cannot stand on her track record. Wednesday, Eric Trump promised his father will “prosecute the case” against rival nominee Hillary Clinton during the upcoming final Presidential debate. “Believe me, he will prosecute the case,” Eric Trump said on TV. “He can prosecute […]
Gooding & Company Posts Record Results at Pebble Beach Auction Record results, including 4 $10-M+ lots and 26 cars fetching $1-M+, made for Gooding & Co’s most successful 2-day auction ever. Sales at the weekend totaled $129.8-M, with 115 of the 138 (83%) cars offered selling . 4 cars hammered above $10-M mark, the top […]
In an Uncertain World S&P 500 Post Record Highs $DIA, $SPY, $QQQ, $VXX Friday the S&P 500 Index marked a new record, as investors showed confidence corporate earnings will not derail a rally that finished its 4th week running. The S&P 500 rose 0.5 percent to 2,175.03 at 4:30p in New York, its 7th all-time […]
David Copperfield Buys Home in Las Vegas for Record Price Local Las Vegas news sources reported that David Copperfield just closed on a luxury home in the Las Vegas Valley for the stunning price of $17.55-M the highest price ever paid for a Las Vegas residence on record. The 4-story home hadn’t been publicly listed. […]
Donald Trump Pointing a 50MM Howitzer at Hillary Clinton Donald Trump is releasing a 35-pg document that takes down Hillary Clinton’s foreign policy and economic stances. The 50MM attack pulls together news articles, documents and speeches critical of the former Secretary of State, US Senator from New York, and 1st Lady. Donald Trump made the […]
The ‘Cullinan Dream’ Blue Diamond Hammered for $25.4-M The successful auction price makes it the most expensive fancy intense Blue Diamond ever sold at auction. A 24.18-carat intense blue known as The Cullinan Dream has just sold for $25.4-M at Christie’s Magnificent Jewels auction in New York, breaking all records and becoming the most expensive […]
“Oppenheimer Blue” Diamond Hammered for $57.5-M at Christie’s A 14.6-carat blue diamond auctioned at Christie’s in Geneva for $57.5-M, including fees, becoming the most expensive diamond ever auctioned. Christie’s amended the final sale price late Wednesday night. The stone, called the “Oppenheimer Blue,” followed a record-high jewelry sale by Sotheby’s (NYSE:BID) Tuesday, which totaled $175-M, the […]
