$RACE Ferrari (NYSE:RACE) F1 Team Boss Mattia Binotto says his team will back a move to delay the Y 2021 rules package for a year, insisting now is not the time to be ‘selfish‘. Earlier this week, 9 of the current 10 racing teams gave their support to a radical plan to hold back on […]
$RACE Ferrari (NYSE:RACE) ownership is different from anything else in the automotive world. There are strict rules when buying a new Ferrari. The Ferrari buying experience is unlike any other car buying experience. You do not walk into a dealership with hundreds of thousands of dollars in your account, pick 1, and drive off in […]
Expect China to push for lasting business environment improvement nation and worldwide on the coming resolution of the US trade dispute. More efforts should be made to promote a continuous improvement in China’s business environment nationwide, an official said Monday. Improving the business environment is an important guarantee for further opening up to the outside […]
$RACE F1 is nearing the end of this season, 4 races remain, in Mexico, the US, Brazil and Abu Dhabi, and there is serious business to decide on and off the race track. Below is a look at the Key issues that will make the most headlines between now and the end of the Y […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 lost 0.4% Tuesday in a newsy session. Company-specific news contributed to outsized stock moves, but overall gainers in broader market had been nominal until a hiccup on the BREXIT issue dragged the major indices into the Red. The benchmark index closed at session lows below the 3000 […]
$XAU, $XAG Special Report: Gold, How To… With gold prices up about 20% YTD signs of a global growth slowdown and geopolitical tensions, precious metals are getting a close look from investors seeking insurance for their individual retirement accounts. That is real, physical gold and silver coins or bars, not the precious-metals ETF’s or mining-company […]
For those of you serious about trading for a living, the following is a list of characteristics found in every highly successful trader. Realize that 1% of the people who play this game take 99% of the profits. That means 99% of people who call themselves “traders” are giving over all their money to the […]
Here are 9 packing mistakes many travelers make and how to avoid them. 1. You pack lots of clothing items, and wear less than 50% of it A bit of self control at the packing stage will pay dividends later. Think about what goes together, the goal is to pack a capsule wardrobe where each […]
Whether you are going on a vacation or headed home after a long business trip, nobody wants to waste time going through airport security. From awkward questions to the time-consuming process of emptying out your bag, nothing about airport security is enjoyable. Plan ahead, as there are multiple steps you can take to make getting […]
As Missouri moves ahead with implementing its voter-approved medical marijuana law, neighboring Iowa sees a bill vetoed by a GOP governor, and more. Alabama Alabama Medical Marijuana Patients Push for Bill Approval. With the House set to vote on a medical marijuana bill today, patients rallied at the state capitol to urge its passage. The […]
Even savvy travelers make mistakes at airport security. The process is daunting and demanding. Below are several mistakes to avoid making so your experience is not as challenging, as follows: Having Your Electronics Scattered While most destinations in the United States only require you to take out your laptop and/or tablet, not every country is […]
$BTC FLASH: President Trump focusing on dark regulation at SEC The Trump Administration issued a memorandum strongly discouraging regulatory dark matter/s. The memo instructs federal agencies to submit all policy-making rules to Congress to be vetted under the Congressional Review Act, even if these rules come in the form of informal guidance. The Trump Memo […]
The pressure at the nation’s southern border has overwhelmed current asylum laws and it is time for lawmakers on both sides to get together and change them, former Senator Joe Lieberman (I-Conn), said Monday. “The asylum system is fundamental to American values,” Senator Lieberman, a one-time vice-presidential candidate, told reporters. “People come here with a […]
FLASH: Florida battle brews over limiting THC in smokable marijuana, Michigan’s unlicensed dispensaries get at least a temporary reprieve, Oregon growers get a heads up from regulators, and more. Arizona Arizona Prosecutor Still Prosecuting Medical Marijuana Patients, ACLU Charges. The Maricopa County Attorney’s Office under ardent marijuana foe Bill Montgomery is continuing to prosecute medical […]
By Harvey Bezozi Most Americans this year will feel the effect of the new tax law, in one way or another, on their personal financial positions. Some will benefit thanks to lower tax rates, higher alternative minimum tax (AMT) exemptions, and increased deductions. Others will be penalized due to the new restrictions on state and […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Major averages recouped most of their losses and close near session highs The Securities and Exchange Commission (SEC) is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in 15 yrs the head of the agency said Friday. […]
It is busy in state legislatures, the Michigan Court of Appeals rules against workers’ rights, and more. Arizona Arizona House Committee Approves Bill to Protect Edibles, Extracts. The House Committee on Public Safety voted 5-2 Wednesday to approve HB 2149. The measure would specify that the 2010 voter-approved medical marijuana law also includes any products made […]
By Daniel Greenfield The Big Q: Why did the media fall so swiftly for the Jussie Smollett hoax right after falling for the Covington Catholic hoax? The Big As :The easy answer is bias. And that might have even been the right answer a generation ago. but these days the media is not biased, it […]
UK PM Theresa May unveiled her BREXIT Plan Monday, and it looks a lot like Plan A. Mr.s May launched a mission to resuscitate her rejected EU divorce deal, setting out plans to get it approved by Parliament after securing changes from the EU to a contentious Irish border measure. Mrs. May’s opponents expressed incredulity. […]
FDA begins to move on allowing hemp-based CBD products, Florida’s legal battle over medical marijuana takes another twist, and more. National FDA Begins Process of Allowing Hemp-Based CBD Products. After President Trump signed the 2018 farm bill into law late last year, the Food and Drug Administration (FDA) issued a press release pledging to pursue […]
Paris cleaning up after weekend riots and over 1000 arrests Sunday. Workers in Paris swept broken glass and towed away burnt-out cars Sunday after the latest violent “Yellow Vest” protest. The government announced that President Emmanuel Macron, 40 anni, would address the nation sometime this week, he is now under a lot of pressure. “You […]
Trade Deal Will Have Rules China Must Obey President Donald Trump said US-China relations has taken a big step forward at the weekend after he and Chinese President Xi Jinping agreed to hold off on new tariffs, and urged Beijing to finalize a trade deal with Washington within the next 90 days. The trade deal […]
White House Writing Up ‘New Rules’ for Press President Donald Trump says the White House is “writing up rules and regulations” for reporters after a judge ordered the administration to restore credentials for CNN reporter Jim Acosta. President Trump told reporters Friday that “people have to behave.” He added that if journalists “do not listen […]
F1: Liberty Media Fuels a Air of Uncertainty, Stock Tanks $RACE, $FWONK Liberty Media claims that F1 reversing stock price may have been fueled by an air of uncertainty over if it will strike a new deal with the 10 racing Teams before their current contract expires in years. Liberty bought F1 for $4.6-B, and […]
China’s Trade Policy Change “Not Going to Be Easy” Tuesday, US President Donald Trump’s top trade official said that changing China’s economic policies to become more market-oriented “is not going to be easy” even with tariffs now in place on $250-B worth of Chinese goods. US Trade Representative Robert Lighthizer, in rare public remarks at […]
Medical Marijuana Update Oklahoma continues to struggle with its new medical marijuana program, Utah foes try a novel strategy to block a medical marijuana initiative, and more. Louisiana Louisiana Regulators Weight Raising Limit on Number of Patients Doctors Can Treat. The state Board of Medical Examiners is set to boost the number of medical marijuana […]
SEC Inquires into Tesla (NASDAQ:TSLA) about Musk’s ‘420’ Tweet on Taking Company Private $TSLA CEO Musk’s ‘420’ declaration in a nutshell The US SEC has made an inquiry into Tesla (NASDAQ:TSLA) about whether 1 of Elon Musk’s Tweets regarding the possibility of taking the company private was truthful The US SEC is also looking into why Mr. […]
A Medical Marijuana Battle Rages in Oklahoma Medical Marijuana Update A medical marijuana battle royale is raging in Oklahoma, New York will allow medical marijuana as an opioid replacement, and more. HawaiiHawaii Governor Vetoes Bill Allowing Medical Marijuana for Opioid Addiction. Gov. David Ige (D) has vetoed a bill that would have allowed medical marijuana […]
Medical Marijuana Update Arkansas finally issued some cultivation licenses, Maine legislators override a gubernatorial veto to expand medical marijuana, Michigan adds more qualifying conditions, and more. Arkansas Arkansas Issues Cultivator Licenses. The state Medical Marijuana Commission has awarded cultivation licenses to five medical marijuana businesses. The move comes after an injunction blocking the move was […]
Expat Americans Continue to Renounce Citizenship A steady stream of American citizens reportedly have renounced their citizenship since the implementation of stricter tax rules. Many Americans who live in other countries face higher tax bills, difficulty in obtaining and keeping financial accounts and complex retirement savings rules Some advocates urge the US government to tax […]
Thailand Has New Pioneering Rules Covering Cryptocurrencies $BTC, $ETH Thailand’s leadership, innovation and clear rules has it right in the middle of the Cryptocurrency market Regulators around the world have grappled with the issue of what category digital currencies and assets fall into, Thailand has skipped that debate. Instead, Thai authorities wrote a new law to cover […]
Ferrari (NYSE:RACE), Some Details on the New Hypercars $RACE, $F Last week we learned that Le Mans will have a new Top Class in Y 2020, with prototype design and road car looks, but the degree to which the class would balance was not unclear. Today, we have more details on how this will look […]
President Trump Influenced NFL’s New Rules on National Anthem President Trump spoke, the NFL Owners Listened National Football League team owners admit that President Donald Trump’s position on players kneeling during the National Anthem made an impact on how they decided to respond Several NFL team owners acknowledged that President Trump’s coming out against the protests […]
F1: Ferrari (NYSE:RACE) Votes in Favor of Aero Changes $RACE F1’s governing body the FIA has approved rule changes designed to increase overtaking and promote closer racing in as part of an ongoing initiative to win back fans. From next year, F1 aerodynamics will be simplified. The racing cars will have a front wing with […]
Senate GOP to Change Rules Speeding Up President Trump’s Nominees Momentum is building for a change in the Senate rules that would shorten the time allowed for lawmakers to debate each of President Donald Trump’s judicial and executive branch nominees, Republican senators told the press. The GOP lawmakers explained that their desire to quicken the […]
Trading: Master Your Emotions or They Will Master You These day in financial markets dominated by huge data, sophisticated analytical programs and quantitative strategies, concerns about the psychological aspect of trading may seem very strange. But, in reality a clear understanding of trading psychology very important. As it is when people forget to question motivations […]
EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards $RACE, $GM, $F, $FCAU, $TM, $VLKAY The Trump Administration is expected to launch an effort to weaken greenhouse gas emissions and fuel economy standards for automobiles, handing a victory to car manufacturers and giving them reasons to roll back restrictive industry standards worldwide. The EPA’s […]
Medical Marijuana Update State legislatures are in session and things are getting busy on the medical marijuana front, from CBD bills in Iowa to employment protection bills in California. California Last Wednesday, a bill that would provide employment protections for medical marijuana patients was filed. Assemblymen Rob Bonta (D-Oakland) and Bill Quirk (D-Hayward) have filed Assembly Bill […]
F1 Ends Without Ferrari (NYSE:RACE) on the Grid $RACE F1 absolutely cannot do without Ferrari; that’s the verdict from Nigel Mansell who feels the sports needs to hold onto its manufacturer teams. Last year Liberty Media’s (NASDAQ:LMCA ) blueprint for the way forward for F1 engines caused an uproar with the manufacturers, so much so […]
The Big Q: What Determines the Price of Bitcoin? $BTCUSD The Big A: Bitcoin is a cryptocurrency based on specifications outlined by Satoshi Nakamoto in Y 2009. Transactions are recorded in a blockchain, which shows the entire transaction history for each unit and is used to prove ownership. Processing transactions requires miners using computers to process blocks of […]
F1: Liberty Media Must Take Ferrari’s (NYSE:RACE) Boss at His Word $RACE Ferrari is Formula 1, and Formula 1 is Ferrari John Malone, the chief of Liberty Media (BE:LM09) must take Ferrari Boss Sergio Marchionne at his word, when he declares, “I am prepared to quit F1, and start an alternative Tier 1 motorsport series…” […]
Ending Net Neutrality Means Restoring ‘Free and Open’ Internet $FB, $NFLX, $AMZN, $GOOGL Friday, Federal Communication Commission Chairman Ajit Pai defended the vote to end net neutrality, saying critics are getting “everything wrong” about the decision when they say it will ruin the internet. “The free and open internet we had prior to 2015 is the one […]
Oregon Initiative Would Legalize ‘Magic Mushrooms’ for Medical Use North American Marijuana Sales to Top $10-B This Year A proposed Oregon initiative would legalize Psilocybin, aka Magic Mushrooms, for medicinal use Michigan regulators release emergency medical marijuana rules Wisconsin takes another step toward drug testing welfare and job training participants Medical Marijuana Michigan Releases Medical Marijuana […]
F1: Ferrari (NYSE:RACE) Demands Approval of Any Rule Changes $RACE Ferrari entered F1 in Y 1950 at the Monaco Grand Prix and have been synonymous with the motorsport since. Ferrari’s boss Sergio Marchionnesaid the Scuderia could quit F1 if they do not approve the direction taken by Liberty Media. The Ferrari President pinpointed proposals for […]
President Trump to Roll Back Barack Obamacare Rules Next week US President Donald Trump will sign an executive order to loosen Barack Obamacare rules Recently President Trump was told by the Democratic leadership that lawmakers were willing to work with him on making necessary fixes to the Affordable Care Act (ACA), but that repeal of […]
President Trump’s Market ‘Rules’ Revamp Coming Real Soon The Trump Administration is set to release its road map for overhauling regulation of US markets It will be an expansive list of priorities that touches on the stock, bond and derivatives trading. The Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act of 2010 are the focus The […]
No Holds Barred: The Swamp Offensive Every board game has rules, every card game has rules, every athletic competition has rules, every election has rules, and every society has rules. Why? Rules establish the object of the game and provide the organizing principle for fair play – rules establish what is and what is not […]
What to Expect When, Not If, Recreational Marijuana is Legal in California With the perfected idea of California on Recreational Marijuana (RM) is less than a year away, state lawmakers approved legislation that illustrates what that may look like, think: Marijuana samples at the county fair, home delivery, Organic label regulations and an industry a […]
President Trump Tightens Rules on Americans Traveling to Cuba and More Friday, expect US President Donald Trump to tighten rules on Americans traveling to Cuba and significantly restrict US companies from doing business with Cuban enterprises controlled by the military. President Trump will lay out his new Cuba policy in a speech in Miami that […]
Some Key Rules When Trading the Markets $DIA, $SPY, $QQQ, $VXX “The investor’s chief problem, and even his worst enemy, is likely to be himself.” – Benjamin Graham Below is a list of the Key stock trading rules when the markets are trading at highs, they are not new. Successful investor use them daily, the […]
US Congress Suffering From Common Sense Deficiency The Big Q: Why is Congress so up and at it over Russian interference in the past Presidential election? There is incontrovertible evidence that Hillary Clinton’s e-Mails showed that she was using The Clinton Foundation to funnel bribes in return for special favors while she was Secretary of […]
American’s ‘Fired” Hussein Obama, Trump Shreds His Legacy After the November election, President Donald Trump’s Key objective was to beginning to shred former President Barack Hussein Obama’s anti-America, anti-business legacy as he vowed in his winning campaign. For 100-days after his Inaugural President Trump would have the power to wipe away some of Mr. Hussein […]
President Trump Continues to Unwind Barack Obama’s Legacy US President Donald Trump signed bills Monday that roll back regulations implemented by former President Barack Hussein Obama. Monday President Trump scaled back federal control on lands managed by the Bureau of Land Management, stopped government contractors from having to report labor law violations, voided rules that […]
Some Secrets to Success From Ferrari (NYSE:RACE) Collector David Lee $RACE Ferrari collector David Lee is a man who understands the secrets to success. The Big Q’s: How much of these are actually secrets? The Big A: The secrets to success are not actually secrets at all. Mr. Lee was recently interview by author R.L. Adams […]
President Trump Owns the Media, He Does Not Play by Its Rules US President Donald Trump does not play by the media’s rules, hence, he is getting under the mainstream media’s skin. Donald Trump owns the forum because he goes direct to The People. They now know they are unwitting players in his new reality […]
California Seeks Advisers on Marijuana Rules $SLTK, $GWPH The Bureau of Medical Cannabis Regulation is now accepting applications for a marijuana advisory committee to help inform the agency as the state sets up rules governing the new industry. Medical cannabis laws passed by the Legislature in 2015 and the recreational legalization measure voters approved in […]
Medical Marijuana Update Arkansas legislators are trying to ban medical marijuana smoking and edibles, a new Florida bill seeks to revamp that state’s medical marijuana system, and more. Arkansas On January 25,a lawmaker filed a bill to ignore the voters’ will until federal law changes State Sen. Jason Rapert (R-District 18) filed a bill that […]
US Congress Setting Up to Ease Several Wall Street “Rules” The Republican leader of the House Financial Services Committee plans to scale back banking reforms, curb the consumer finance agency and ease regulations on financial institutions and companies looking to raise capital, according to a proposal seen Thursday. In a memo on the legislation he […]
Medical Marijuana Update The Hemp Industries Association takes on the DEA over its new coding rule for CBDs, state legislators are busily messing with successful medical marijuana initiatives, and more. National Last Friday, the HIA sued the DEA over CBD. The Hemp Industries Association filed a judicial review action against the DEA last Friday over […]
Congress Has Started Undoing Obama Era Regulations Republican lawmakers will begin voiding hundreds of US regulations at the end of the month to fulfill their promise to undo Democratic President Barack Hussein Obama’s legacy, focusing on environmental and labor rules. House Majority Leader Kevin McCarthy (R-CA) said the Republicans who will shortly control both Congress […]
Congress Giving President Donald Trump Tools “to wipe out abusive regulation” Wednesday, Republicans passed a bill in the House of Representatives that touched on nearly every step US agencies take in creating and applying new rules, continuing their blitz to radically reform “abusive” federal regulation of areas from the environment to the workplace. In a […]
The Margin Account Explained: Opportunity, Risk/Reward The Margin Account is a type of brokerage account that allows its holder to buy stock on margin by borrowing money through the broker. There is an application process that has to be approved by the broker to ensure the applicant is eligible for a margin account. Generally, for […]
F1: Ferrari (NYSE:RACE) Team Management at Fault for Poor 2016 Season $RACE Ferrari (NYSE:RACE) management is at fault for champion Sebastian Vettel’s recent Formula 1 performance and needs “fresh blood” in order to return to winning ways, according to the Bernie Ecclestone. Mr. Vettel won three races during his 1st F1 season with The Scuderia in […]
Medical Marijuana Update The DEA has clarified that it still considers CBD to be illegal, Arkansas moves forward on implementation of its new program, Michigan gets legal dispensaries and a favorable court ruling, and more. National Last Wednesday, DEA clarified that, yes, it still considers CBD to be illegal. The DEA added a new code […]
Ferrari’s GT Racing Director, “It was a very tough season” $RACE Ferrari GT Racing director Antonello Coletta has argued that the Italian marque’s Balance of Performance did not allow it to fairly fight for the FIA WEC GTE-Pro class drivers’ title with Aston Martin. The AF Corse squad took 3 wins in 2016, triumphing at […]
OCC Clamps Down Further on Well Fargo & Company (NYSE:WFC) $WFC Friday, the Key US bank regulator reversed course and revoked Wells Fargo & Co.’s (NYSE:WFC) right to shield the pay of former executives after a phony-accounts scandal. The lender also must now seek prior approval before naming new bank leadership, said the Office of […]
Many Wall Street Regulations to Fall, as SEC Chairwoman Steps Down Barack Hussein Obama once said, “You don’t want to ‘mess’ with Mary Jo.” American voters said, “You do not want to ‘mess’ with Donald Trump.” Mary Jo White, the Head of the Securities and Exchange Commission, announced Monday that she will step down 2 […]
Power Makes an Organisation Function Being powerful enables you to get things done. It encourages people to do what you want them to do, often without you even asking. Generally, people like to please powerful people because of what they may gain, or because they do not want to lose something. Below are some Key ways […]
Medical Marijuana Update No medical cannabis for Missouri this year, polling looks good for the Florida initiative and tense for competing Arkansas initiatives, Colorado moves toward adding PTSD as a qualifying condition, and more. Arkansas Last Thursday, the state’s highest court threw out a challenge to a medical marijuana initiative. The state Supreme Court has […]
Medical Marijuana Update In a surprise move, the conservative American Legion comes out for cannabis rescheduling, Arkansas medical marijuana initiatives see lawsuits fly, Ohio is now a medical marijuana state, and more. NationalAt the end of August, the American Legion called for marijuana to be rescheduled. The nation’s largest veterans’ organization has passed a resolution […]
Goldman Sachs Bans Partners From Making Campaign Contributions GS Goldman Sachs (NYSE:GS) banned all of its partners from making campaign contributions to state and local candidates running for office, as well as state or local officials running for federal office. As of 1 September every partner is considered a “restricted person” prohibited from engaging in […]
F1: “Be patient as Ferrari Formula One builds back up to winning form” $RACE Sebastian Vettel says he remains patient as Ferrari Formula 1 builds back up to winning form. Before the Summer break, Red Bull overtook Ferrari as the 2nd-fastest team behind Mercedes, just as news was confirmed that technical boss James Allison had left. […]
F1: Ferrari (NYSE:RACE) Qualified 3rd and 4th on the Grid at Spa $RACE FLASH Update: Nico Rosberg MercedeaAMG on the Pole, 2nd Red Bull Max Verstappen, 3rd Ferrari Kimi Raikkonen and Ferrari Sebastian Vettel 4th Ferrari has a new engine specification for this weekend in Belgium. The development follows a less than impressive mid-season period for […]
DO YOU HAVE WHAT IT TAKES TO BE AN ENTREPRENEUR? Working for yourself is not for everyone, but for some it is the only thing. Having the courage and determination to go it alone requires certain traits and a serious commitment. Not every one has what it takes to be an entrepreneur, below are some […]
SEC Accounting Scrutiny Could End Bull Market $DIA, $SPY, $QQQ, $VXX The SEC appears to be ready to put a end to aggressive accounting methods. The US Securities and Exchange Commission is finally setting out to put a stop to the accounting methods that artificially inflates profits. According to media reports, the SEC is getting […]
New EPA Rules Target Methane Leaks, Flaring & Venting Following US President Barack Obama’s promise to cut toxic methane leaks at Oil & Gas facilities, the US Environmental Protection Agency (EPA) on Thursday, 12 May announced the US government’s “1st-ever” set of standards to reduce such emissions. The new regulations were criticized by environmentalist critics as not far-reaching enough. The […]
Bear Market “Radar” on High Alert $DIA, $SPY, $QQQ, $VXX The US Securities and Exchange Commission is set on putting a stop to the accounting methods that artificially inflate company profits. According to an industry notice he SEC is getting ready to step up its scrutiny of companies’ “homegrown earnings measures,” signaling it plans to […]
New Crowdfunding Rules Effective Now New rules crowdfunding rules effective Monday, 16 May allow Americans earning less than $100-K a year to invest in small businesses and startups. Investors can now risk $2,000 a year or more investing in small companies in exchange for a stake in the business. Companies can raise up to $1-M […]
Wall Street is on “Parade” 4 Time a Year, Is It Time to Change? $DIA, $SPY, $QQQ, $VXX As it is now 4X a year there is a “parade” on Wall Street, wherein companies announce their Quarterly earnings, all in a row. The banks lead, then the tech companies, the retailers bringing up the rear. […]
Donald Trump Moving to Unite the GOP Republican National Committee Chairman Reince Priebus struck back at the “Never Trump” movement Friday by calling for party unity, saying that it is “essential to victory” that the party rally around the eventual nominee. “This goes for everyone, whether you’re a county party chairman, an RNC member, or […]
Donald Trump Will “Clean House” At The RNC, Yes! Republican National Committee Chairman Reince Priebus’ job is in extreme jeopardy if Donald Trump wins the GOP presidential nomination. AS the nominee he will take back power vacuum cause by weakling candidates, George W. Bush, John McCain & Mitt Romney Although Reince Priebus was elected unanimously […]
China Continuing To Upgrade It Foreign Trade China will continue to transform and upgrade its foreign trade in accordance with World Trade Organization (WTO) rules, an official from the Ministry of Commerce (MOC) said. The statement, published on the MOC website, was made by an official in charge of the MOC’s department of treaty and […]
