Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 9.09. The projected upper bound is: 9.33. The projected lower bound is: 8.77. The projected closing price is: 9.05. SINGAPORE AIRLIN closed up 0.050 at 9.060. Volume was […]
Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 3.25. The projected lower bound is: 3.06. The projected closing price is: 3.16. SINGTEL closed up 0.010 at 3.160. Volume was 43% below average (neutral) and Bollinger Bands were 53% narrower than normal. […]
Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 6.08. The projected upper bound is: 6.15. The projected lower bound is: 5.77. The projected closing price is: 5.96. KEPPEL CORPORATI closed up 0.070 at 5.970. Volume was […]
Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 0.93. The projected lower bound is: 0.89. The projected closing price is: 0.91. GENTING SINGAPOR closed up 0.010 at 0.910. Volume was 107% above average (neutral) and Bollinger Bands were 37% narrower than […]
Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.90. The projected lower bound is: 0.77. The projected closing price is: 0.83. STARHUB LTD closed unchanged at 0.835. Volume was 100% below […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stock market guru, Jim Cramer said President Trump has the upper hand in the China trade distpute because tariffs are hurting the Chinese economy way more than the US economy. “Hate him or like him, he has them where he wants them,” Mr. Cramer said on TV Friday. “I always […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks recover from oversold condition, soft data boosts rate-cut expectations. The recent ADP job numbers suggest that employers are either having difficulty filling positions, are hiring fewer people due to weaker demand, or both. The lowest manufacturing jobs gauge since Y 2016. Slower private hiring. A sharp drop in […]
$DIA, $SPY, $QQQ, $RUTX, $ESDAY, $VXX Wednesday’s US economic data included the ADP Employment Change report for September and the weekly MBA Mortgage Applications Index. The takeaways are as follows: Private-sector payrolls were estimated to have increased by 135,000 in September (consensus 150-K) while the prior month’s print was revised down to 157-K from 195,000. Private-sector […]
$DIA, $SPY, $QQQ, $RUTX, $VXX At the close: DJIA -142.22 at 26807.77, NAS Comp -118.84 at 7993.62, S&P 500 -25.18 at 2966.64 US stocks fell Tuesday, as investors shunned risk following a decline in consumer confidence, and a hard-lined speech from President Trump. The S&P 500 (-0.8%) and DJIA (-0.5%) declined less than 1%, while the NAS Composite (-1.5%) and Russell […]
$RACE Ferrari N.V. (NYSE/MTA: RACE) announces that under the second tranche of the common share buyback program announced on 1 July 2019, the Company has purchased additional common shares – reported in aggregate form, on a daily basis on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows: MTA […]
$RACE Ferrari’s (NYSE:RACE) upcoming SUV will stand out in increasingly crowded segment. Ferrari’s highly controversial SUV is well on its way to production. The Purosangue will not be the firm’s 1st 4-seater, its history is full 2+2s. But it will be the 1st high-riding model with the Prancing Horse emblem on its nose. Conquering this territory is […]
$DIA, $SPY, $QQQ, $RUTX, $OIL, $USO, $VXX Wall Street closed lower, Crude Oil prices spiked after attack in Saudi Arabia The attack knocked about 5.7-M BPD out of production, leading to the biggest 1-day gainer in WTI Crude Oil ($62.88/bbl, +$8.00, +14.6%) since Y 2008. Saudi Arabia expected to restore about 33% of lost production […]
$RACE Ferrari (NYSE:RACE) has introduced several new vehicles in the past 12 months. The Icona cars based on the 812 Superfast, F8 Tributo Berlinetta, SF90 Stradale gas-electric hybrid, and now is the perfect time to introduce not 1, but 2 spiders, the most romantic of all sports car designs. 1st, the central pillar of the […]
$RACE I have been talking and writing about the coming Ferrari UV for that last 3+ years, before it even had a name and it is still 3 yrs years away from production say in Y 2022. The Maranello Outfit’s 1st-ever FUV now officially has a name: Purosangue meaning “pureblood” or “thoroughbred” in Italian. It […]
Attention: Now what really matters is just what the President does and is going to do. President Trump blames the Fed for a slowing US economy, some blame it on him. A survey conducted with YouGov showed 28% of American adults believe the President in general is most responsible for the economy. That surpasses the […]
$RACE Ferrari (NYSE:RACE) say the V12 could be in trouble. In an interview recently Ferrari Chief Technology Officer Michael Leiters said tightening emission regulations and new sound rules are making life difficult for the 12-cylinder engine. However, he says, the company is not abandoning the iconic powertrain yet even though the company is already packing smaller twin-turbo […]
$RACE The Key phrase in Ferrari’s 812 GTS debut announcement is ‘series production’ The words are important when it comes to the new drop-top front-engine V12 Ferrari, as in the recent past, Ferrari has been quick to put a cap on the number of such Supercars it would produce (-1), but that is now changed. The […]
$RACE Ferrari (NYSE:RACE) joined other high-end automakers including Aston Martin, Bentley and Rolls-Royce in skipping this year’s Frankfurt auto show, despite launching 2 new models on the eve of the event. Ferrari chose to launch the F8 spider and 812 GTS in Maranello, Italy, despite the opportunity of an ideal venue in Germany, Europe’s biggest […]
$RACE Ferrari (NYSE:RACE) shares dropped 6% to the bottom of the FTSE MIB index, with investors booking profits after the Supercar maker unveiled 2 new cars Monday at Frankfurt, the stock is up 59% YTD. With a market capitalization of $37-B, Ferrari (NYSE:RACE) is similarly sized to Ford but about 50% the size of GM, and it […]
$RACE The lore is: “I married the 12-cylinder engine and I never divorced it,” once noted Enzo Ferrari. And despite Enzo’s passing away more than 31 years ago, that love affair at Maranello continues, as evidenced by Monday morning’s debut of the Ferrari 812 GTS at the marque’s test track at Fiorano Modenese, Italy. The new convertible is the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, the S&P 500 closed unchanged, as energy, financials outperformed US consumers’ inflation expectations declined in August and workers grew more pessimistic about their job situation, data from the New York Federal Reserve showed Monday, supporting the case for further interest rate cuts. The New York Fed’s monthly survey of consumer […]
$RACE Charles Leclerc and The Scuderia sent the Ferrari (NYSE:RACE) fans wild, as they packed out the Monza circuit in the thousands to watch the Maranello Outfit take the Chequered Flag at this track for the 1st time since Y 2010. This was Charles’ 2nd F1 win, 8ht days after his 1st at Spa. He […]
$RACE The Italian Grand Prix: Pole position to Charles Leclerc at Monza Sunday, Charles Leclerc will start the 90th Italian Grand Prix, the 70th as part of the F1 World Championship, from Pole position, after posting a time of 1’19”307 at the wheel of #16 SF90, beating Lewis Hamilton and Valtteri Bottas into 2nd and […]
$RACE It was a complicated Friday at the Italian Grand Prix for all the teams, as it was a case of keeping an eye on the weather to get as much dry running as possible to prepare for Saturday’s Qualifying, when it is expected to be dry. But, the forecast for the race Sunday is […]
$RACE Those odds will guarantee the grandstands will packed with Ferrari’s Tifosi cheering on Messrs Leclerc and Sebastian Vettel to victory. Charles Leclerc earned his maiden F1 victory in Belgium last Sunday, and the Ferrari driver is 6-4 favorite to go in again in this weekend’s Italian Grand Prix at Monza. Having missed out on […]
$RACE Facts: Ferrari is one of the most valuable brands in the world. Ferrari: the Italian supercar maker and F1 racing operation is worth $30-B at this writing. Unlike many of its rivals, Ferrari is a racing operation 1st and car company 2nd. Ferrari was founded as a racing team with the sale of road cars […]
$RACE The European season draws to a close this weekend with the Italian Grand Prix where Ferrari (NYSE:RACE) puts on the show. Below are the Key reasons going racing at Monza is such a popular event, as follows: Ferrari’s tifosi We mention passionate fans regularly in this section, but the tifosi could have a full […]
$RACE The 2 biggest stock market myths are “stocks that go up must come down,” and “stocks that have deep dived are due to rebound.” The truth is that some stocks deep dive never rebound, and investors are stuck trying to catch a falling knife, as the Wall Street adage goes. Other times stocks can […]
$RACE Ferrari (NYSE:RACE) says it will continue its quick turnaround of new models in a bid to boost engagement with its customer base. The iconic Italian Supercar manufacturer has, in recent years, sped up the life cycle of its models. For example, the F8 Tributo launched just 4 years after the 488 GTB. Ferrari Middle East […]
$RACE On 4 September in Milan’s Piazza Duomo come to celebrate the 90th Italian Grand Prix to be held at the Monza circuit and 90 years of The Scuderia The 2 names that have made history in the motoring world, the Automobile Club d’Italia (ACI) and Scuderia Ferrari are getting together for 2 important anniversaries. […]
$RACE Sebastian Vettel was told to move aside for his team mate, Charles Leclerc during the Belgian Grand Prix. And so when he knew a win was not on the cards, he says his focus switched to racing for the Team. Ferrari’s Charles Leclerc was very impressive throughout the Belgian Grand Prix weekend continuing that super pace […]
$RACE Ferrari’s (NYSE:RACE) Charles Leclerc and Sebastian Vettel will line up on the front row of the grid for the 64th Belgian Grand Prix, having dominated Qualifying Saturday at the Spa-Francorchamps track. “Come on baby!” said Charles Leclerc as took a stunning pole position for Sunday’s Belgium Grand Prix, the Monegasque a staggering 3 quarters […]
$RACE On the 1st following this Summer’s break we saw all go off smoothly for Scuderia Ferrari (NYSE:RACE), as the team got through its planned program over the course of the FP’s for the Belgian Grand Prix, the 13th round of the season. Charles Leclerc and Sebastian Vettel completed 98 laps between them over the […]
Again Friday, President Trump hammered the Fed in 3 Tweets; declaring in 1 that the US economy does not “have a tariff problem, we have a Fed problem.” “The Euro is dropping against the dollar ‘like crazy,’ giving them a big export and manufacturing advantage … and the Fed does NOTHING!” President Trump said in 1 […]
$RACE F1 is back for 2-H of the season today at the Spa-Francorchamps circuit in Belgium, which hosts the 13th round of the season Sunday. Sebastian Vettel returns to the scene of his last F1 victory in Belgium this weekend, with Ferrari (NYSE:RACE) well-placed to take the chequered flag Sunday. During the mid-Summer break Scuderia […]
$RACE F1 is back now for a run of 9 races in 14 weeks all around the globe. This racing starts at this weekend’s Belgian Grand Prix and takes the season to its conclusion in Abu Dhabi on 1 December. In that frame there is a lot to sort out; some scores to settle, recoveries […]
$XAU $GLD $GDX, $GOLD, $NEM, $USD Investor doubts about the economic outlook and especially a Dovish Fed drove a gold price run in 1-H of Y 2019, sparking burst of interest in gold investing and gold stocks. The escalating China trade dispute has provided the fuel since 1 August, and a day earlier, the Fed […]
$RACE 2-H of the Summer season kicks off with Spa and Monza, the 2 most extreme tracks on the F1 calendar in terms of their reward for horsepower and low drag. In terms of wing choices, the teams will generally opt for their low-downforce packages at Spa, but then an even lower 1-off package for […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised recession worries again, and uncertainty over the progress in trade negotiations between the United States and China. A deepening of the inversion in the yield curve between the 2-year and 10-year […]
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 […]
$RACE On 4 September in Milan’s Piazza Duomo come to celebrate the 90th Italian Grand Prix to be held at the Monza circuit and 90 years of The Scuderia The 2 names that have made history in the motoring world, the Automobile Club d’Italia (ACI) and Scuderia Ferrari are getting together for 2 important anniversaries. […]
$RACE Last year Ferrari (NYSE:RACE) finally opened its own design centre, having for years seen outside Italian design houses lead the styling of its models. Ferrari head of design Flavio Manzoni says that a large in-house team is now essential due to the complexity of the design process and the need for multiple designs to be integrated […]
$SPY China’s announcement that it will impose new tariffs on $75-B worth of US goods is not something that should worry the stock market, but the announcement will boost support for President Trump, White House trade adviser Peter Navarro said Friday. “I think the risk here for China when it does things like this is simply to […]
$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX Wall Street closed mixed following weak data, and 2 Fed commentors from Jackson Hole China bought a small volume of US soybean last week after pledging on 5 August to halt purchases of American farm products due to the escalating trade dispute, the US Department of Agriculture data showed […]
Fed Chairman Powell comes to this year’s meeting of central bankers in Jackson Hole, WY, wedged between discord within the FOMC over appropriate monetary policy and mounting market pressure for more interest rate cuts. In navigating that gap, Chairman Powell is unlikely to use his Keynote speech Friday at the Kansas City Fed’s annual economic […]
$RACE Ferrari’s (NYSE:RACE) team manager Mattia Binotto says there is no reason to change Ferrari drivers. Mattia Binotto says Ferrari will head into Y 2020 with an unchanged driver lineup. There has been high speculation about the future of Sebastian Vettel, with the latest theory being that he could return to Red Bull Racing next […]
$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rallied Tuesday after the White House announced that it will delay the 10% tariff rate for some items imported from China until 15 December. President Trump told reporters he wanted to delay the tariffs so consumers would not be hurt during the Christmas shopping season and said he […]
$XAU, $GLD, $GLX, $IAU, $GLDM, $BAR, $GS For investors seeking a safe-haven from the volatile stock market as trade disputes and global growth concerns persist are chasing the latest gold rush, growth is one of the most important factors to consider Gold prices last week topped $1,500 oz for the 1st time in 6 years, […]
$RACE Picturing and Specking the 250 GTO to the SF90 Stradale from the Maranello Outfit over 60 Yrs. Here is a Ferrari (NYSE:RACE) evolution video of some of the greatest cars ever made anywhere, they are all Italian Supercars. Few brands can rival the performance or pedigree of Ferrari, whether it’s a front-engined GT machine or […]
$RACE With its Q-2 Y 2019 release, Ferrari (NYSE:RACE) delivered another strong Quarter of financial results. The company met Quarterly expectations and confirmed its financial guidance for the year. The strong results were overshadowed by the discussion of Ferrari’s 2 new models on the call, including the company’s 1st hybrid Supercar. Ferrari’s Q-2 Y 2019 numbers: […]
$RACE Ferrari (NYSE;RACE) CEO Louis Camilleri has confirmed that the luxury Supercar maker will unveil 3 new models yet this year as part of its business plan targeting revenues of around $5.6-B by Y 2022. CEO Camilleri did not give any hints about the new models, 2 of which will be unveiled at an event […]
$RACE Sebastian Vettel believes his Ferrari F1 team is “quite far” from its ambition of being able to control races given its performance is so track dependent this season. Ferrari (NYSE:RACE) has shown enough pace to be in contention at several races this season but goes into the summer break without a victory in 12 […]
$RACE, The Ferrari 812 Superfast lives up to its name and all of the talk about it. The Supercar is a mix of raw power and technology that keeps it on the road and it looks good both inside and out. Like most supercars, the infotainment system is lacking and it cost a lot of […]
$RACE Ferrari (NYSE:RACE) cars are not easy to buy, command a high price and there is a waiting list. Ferrari needs no introduction, its brand perhaps the most recognizable in the world, it is synonymous with professional motor-sports racing and an upscale lifestyle. Ferrari defines its own category of luxury sports cars and does not compete […]
$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump said Wednesday the Fed must cut rates “bigger and faster” for the United States to be competitive against other countries. “Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They […]
$RACE Ferrari’s (NYSE:RACE) lead driver, Sebastian Vettel will have gone a year without a win by the time F1 arrives at Spa in Belgium at the end of this month. Mr. Vettel is a 4X world champion, last won at Spa-Francorchamps on 26 August last year, this year’s race there is on 1 September. Mr. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Notably, over this past year, each time there was a public dust-up between the US and Chinese on the trade issues the market reacted negatively, and then resumed the rally. Early Tuesday, President Trump dismissed concerns over a protracted trade war with China, saying the United States was “in a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week the market was in consolidation mode and tested the 50-Day MA’s and bounced and… Employment report showed solid jobs growth in July Major averages found buying support at 50-Day MAs INDUSTRY WATCH Strong: Real Estate, Utilities, Consumer Staples Weak: Information Technology, Energy, Materials The CBOE Volatility Index has […]
$RACE Ferrari (NYSE:RACE) picked up its 11th podium of the season thanks to a 33rd place finish for Sebastian Vettel in Sunday’s Hungarian Grand Prix, held at the Hungaroring. Charles Leclerc came 4th right behind his team-mate. Start. The 2 SF90s got away cleanly when the lights went out and, on the short uphill straight prior […]
Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged as an investment holding company. Its primary activities include cultivating and harvesting oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), refining CPO into industrial and consumer products, as well as merchandising palm products […]
United Overseas Bank Limited is a bank in Asia. The Company provides financial services across the globe through its segments, which include Group Retail (GR), Group Wholesale Banking (GWB), Global Markets (GM) and Others. GR segment covers personal and small enterprise customers. GWB encompasses corporate and institutional client segments, which include medium and large enterprises, […]
StarHub Ltd is a Singapore-based info-communications company. The Company engaged in operation and provision of telecommunications services and other businesses relating to the info-communications industry. The Company offers a range of information, communications and entertainment services for both consumer and corporate markets. It delivers Mobile, Pay television, Broadband, Fixed network services and equipment sales on […]
Singapore Telecommunications Limited is a communications company. The Company is engaged in the operation and provision of telecommunications systems and services, and investment holding. In addition, it offers Internet services and also holds frequency spectrum and license rights to install, operate and maintain mobile communication systems and services, including wireless broadband systems and services. It […]
Singapore Airlines Limited is engaged in passenger and cargo air transportation, engineering services, training of pilots, air charters and tour wholesaling and related activities. The Company’s segments include airline operations, engineering services, cargo operations and Others. The airline operations segment provides passenger air transportation. The engineering services segment is in the business of providing airframe […]
Genting Singapore Ltd is an investment holding company. The Company, through its subsidiaries, is engaged in the development and operation of integrated resort, operation of casinos, provision of sales and marketing support services to leisure and hospitality related businesses and investments. It operates through leisure and hospitality operations segment within Singapore. The operations in other […]
Keppel Corporation Limited is an investment holding and management company. The Company, through its subsidiaries, is engaged in offshore oil-rig construction, shipbuilding, and ship repair and conversion; environmental engineering, power generation, logistics and data centers; property development and investment, and property fund management, and investments. The Company operates in four segments: Offshore & Marine, Infrastructure, […]
$RACE Ferrari’s (NYSE:RACE) drivers will start the 34th Hungarian Grand Prix from the 2nd and 3rd rows of the grid, when the race gets underway at 15.10 CET Sunday. Charles Leclerc was 4th fastest in 1’15”043 and Sebastian Vettel was 5th with a lap that was just 28 thousandths of a sec slower than his […]
$RACE Friday’s FP sessions for the Hungarian Grand Prix were not the most productive for Sebastian Vettel and Charles Leclerc. The 1st session was affected by light rain, but heavier wet weather was a feature of the 90 mins of afternoon FP2 track time. In the morning session, the 2 Ferrari drivers ran Pirelli Softs […]
$RACE Ferrari (NYSE:RACE) is winless in Y 2019, but Team Principal Mattia Binotto is focused on the positives after a German Grand Prix that began with disaster and ended in a celebration. After both Sebastian Vettel and Charles Leclerc were out of Qualifying runs with mechanical issues, it looked like another grim weekend for Ferrari […]
$RACE Ferrari (NYSE:RACE) is scheduled to announce Q-2 earnings results on Friday, 2 August before market open. The consensus EPS Estimate is €0.94 (+11.9% Y-Y) and the consensus Revenue Estimate is €962.73 (+6.2% Y-Y). Over the last 3 months, EPS estimates have seen 4 upward revisions and 0 downward. Revenue estimates have seen 4 upward revisions and 3 downward. The […]
$RACE Ferrari (NYSE:RACE) has a history of strong earnings beats and the stock has blown away the competition. Now, investors are now looking for another successful Quarterly report from Ferrari that is due out before the market opens Friday, 2 August. The stock is +9.4% YTD. Ferrari is The Aristocrat, most respected and storied auto […]
$RACE Sunday, Sebastian Vettel had lots to celebrate on the Hockenheim podium. After problems in qualifying meant he had to start last grid, then he raced his way all the way up to 2nd place, with a great climb up the order that had his home fans in the Motodrom on their feet, roaring him […]
$RACE Ferrari (NYSE:RACE) is expected to deliver a Y-Y increase in earnings on lower revenues when it report s results for Q-2. This widely thought consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. […]
$RACE Ferrari’s (NYSE:RACE) lead shoe, Sebastian Vettel, is confident his thrilling drive from last to 2nd position at the German Grand Prix can help trigger a turnaround in Ferrari’s season. Ferrari had looked set for another disappointment Saturday when Mr. Vettel’s turbo saw some trouble ahead of Qualifying. But Mr. Vettel was a Star performer in Sunday’s Wet & […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Positive finish to a positive week. Again, the longest Bull market in history has relied on low interest rates, and weakness in jobs. So, if everyone else is worried about stocks, capitalize on the fear and make a a lot of money as the market climes the wall of worry, fear […]
$RACE Red Bull Racing’s Max Verstappen won the German Grand Prix that has Ferrari’s (NYSE:RACE) Sebastian Vettel race from last of the grid to a landmark 2nd and a step on the podium. Mr. Verstappen claimed his 2nd win of the season in some of the most exciting racing of the season, much of it […]
Investment thoughts FLASH: President Trump continues to hammer the Fed, and the market smells the cheap money coming. Pundits are calling for the Fed to stick to its mandate and ignore the usual election cycle games. A broadside about the ineffective trade policies and the damage that is doing to growth, employment and price stability […]
$RACE Ferrari (NYSE:RACE) topped both Friday practice sessions at the F1 German Grand Prix with Sebastian Vettel and Charles Leclerc claiming a session each, as MercedesAMG struggled at a very hot Hockenheim track Europe is in the middle of a Saharan heatwave, with temperatures far warmer than normal, and this is proving to be a difficult problem for […]
$RACE FLASH: It could be some party for The Vettel Family should Seb win Sunday Ferrari’s (NYSE:RACE) lead shoe, Sebastian Vettel insists it is no burden to race for Ferrari, though acknowledged the team are still missing “the final step” to be able to compete with MercedesAMG. Mr. Vettel stands 4th in the F1 standings […]
$RACE FLASH: Sebastian Vettel an outstanding F1 Champion driver was once dubbed “The Crash Kid” but he will go down in history as 1 of the F1 great champions. Mr. Vettel collected 4 world titles in a row achieving a aura of dominance that only Juan Manuel Fangio and Michael Schumacher managed. And now this […]
$RACE FLASH: Momentum investing means “buying high, but hoping to sell even higher.” Ferrari (NYSE:RACE) is a company that is an momentum investment, we have seen high price change and earnings estimate revisions, 2 Key elements of momentum scoring. Ferrari currently has a Strong Buy ranking here at HeffX-LTN, as it has been outperforming the market […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Wall Street Liked the Trade News and Earnings Reports Moving this Market S&P 500 closes above 3000, boosted by encouraging trade news and positive earnings, guidance from widely-held companies High-level trade talks will reportedly continue in China next week from Monday to Wednesday 10 of 11 S&P 500 sectors […]
$RACE FlASH: Ferrari (NYSE:RACE) will expand its product line-up through diversifying the types of models it offers, according to commercial and marketing chief Enrico Galliera. Rather than focus on traditional replacements and variants of existing models, Mr. Galliera will transform Ferrari by introducing new segments to the line-up – and he’s not just talking about […]
$RACE Piero Ferrari, 74 anni, is the son and only living heir of Enzo Ferrari founder of the iconic Italian Supercar maker that bears his name. When he was a boy, Enzo did not want him to get into the F1 or sports car racing business. Young Piero was never allowed to even sit in […]
$GOLD, $NEM, $XAU, $GDX, $NUGT, $GLD, $USD FLASH: Gold prices are up, Bullion and Miners are in favor, here is why. Gold prices hit their highest marks since Y 2013 this past week, an indication that investors increasingly view the precious Yellow metal as a good alternative to paper money and government bonds at a […]
$RACE Hot Rodding a Ferrari is like planning the space program. Even if you found the smartest people and had plenty of ready cash, you could still end up flat broke and wondering what you did it for. Anyone who would take on such an ambitious project would be advised to understand the intricacies of […]
$GOLD, $NEM, $XAU, $GDX, $NUGT, $GLD, $USD FLASH: Gold prices have reversed to the Northside in the last several weeks. The SPDR Gold Shares ETF (GLD) gained 8.0% in June, higher than the gainers of 6.4% and 7.1%, respectively, in the S&P 500 and the DJIA. The VanEck Vectors Gold Miners ETF (GDX) amplified the […]
$DIS FLASH: This live action film is expected to be another winner for Disney (NYSE:DIS), which has captured about 35% of YTD market share, and the east-coast heat wave may boost attendance. “The Lion King,” Disney’s live-action version of the animated film from Y 1994 and long-running Broadway hit, will roar into theaters this weekend. […]
$RACE FLASH: The Ferrari (NYSE:RACE) SF90 Stradale transfers recent advances of Scuderia Ferrari competition cars to the road. Ferrari’s CTO, Michael Leiters, who was joined by Vittorio Dini, Head of Powertrain, and Matteo Biancalana, Ferrari’s aerodynamics chief to tell us how it works. Ferrari road cars have always been the embodiment of the transfer of […]
$RACE FLASH: The pace continues 1 year after the death of CEO and Chairman Sergio Marchionne Ferrari is highly and increasingly profitable. Under the new leadership margins continue to improve. The company is on track to reach its target of being net industrial debt-free ahead of schedule. Strong resale values and auction results underline the […]
$RACE FLASH: Ferrari sentiment running high, The Bulls are in-charge Ferrari (NYSE:RACE) is not your typical car company, and analyzing the stock is not a typical process, most sector analysts do not understand it and how it works, the iconic Italian Supercar maker is The Aristocrat of the Automotive sector. I have been a fan […]
$DIA, $QQQ, $SPY, $RUTX, $VXX FLASH: Stocks gained as investors interpret Fed Chairman Powell’s testimony before the House indicated a rate cut soon. Wednesday, US stocks finished higher on hopes of an interest rate cut later this month were signaled by Fed Chairman Powell’s commen to Congress that the central bank would “act as appropriate” […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The US stock market began the week higher. The S&P 500 gained 0.8% after being up 1.0% at the start while the tech-heavy NAS Comp rose 1.1% after starting the session with a 1.7% gainer. The US and China agreed Saturday to resume trade talks and President Trump also […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Every time a significant transaction tax has been tried, it has either been gutted or eliminated due to its failure to collect anything close to projected revenue and its impact on capital markets. Got that Bernie? American Communist Presidential hopeful, Senator Bernie Sancers (I-VT) proposed a plan Monday to […]
$LGF The Hollywood studio that brought us “The Hunger Games,’’ “Mad Men’’ and “John Wick’’ is now facing an existential Question. Lions Gate Entertainment Corp.(NYSE:LGF) has lost more than 60 % its market value over the last year as the once-idolized filmmaker struggles to find new mega-hits and tentpoles. On Top of that, recent mergers […]
$RACE FLASH: Ferrari Denied Review of Controversial Penalty That Undid Its Canadian Grand Prix Win Ferrari (NYSE:RACE) primed to win at France GP this weekend. The FIA-appointed stewards held a hearing for Ferrari’s request to review the penalty given to Sebastian Vettel at the Canadian Grand Prix that cost him the race win. The team was represented […]
$PM We have told our managed money clients that a recent dip in Philip Morris (NYSE:PM) stock is a Golden buying opportunity. Shares of Philip Morris (NYSE:PM) have rebounded after a difficult year in US 2018. “Part of that is the result of the Food and Drug Administration’s approval of Philip Morris’s application to sell […]
$RACE FLASH: As I wrote last December, Ferrari is the auto stock to watch in Y 2019 as the iconic Italian luxury Supercar maker plans to significantly expand its production over the next 7 years. Ferrari (NYSE:RACE) shares Thursday marked another all-time high at $163.64 and finished at $161.16 on the day. All of our […]
$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 […]
$RACE Ferrari (NYSE:RACE) is celebrating its 90th anni in racing with a special exhibition at the Ferrari Museum in Maranello, Italy opened on 5 June and will be welcoming visitors until May 2020. The Ferrari you are likely most familiar with celebrated its 70th anniversary back in Y 2017, but the Scuderia Ferrari racing outfit actually predates […]
