#Ferrari #SF90 #Stradale #Spider $RACE “The new Ferrari SF90 Stradale Spider is said to be taking driving to a positively stratospheric level“– Paul Ebeling To drive any Ferrari (NYSE:RACE) is to take a journey into an intensely emotional landscape. And with the new SF90 Spider, passion for driving reaches heights that are very nearly beyond […]
#Ferrari #StradaleSpider $RACE “I have heard on the ‘jungle telegraph’ that the official reveal is coming later this week, possibly on Thursday, 12 November“– Paul Ebeling Ferrari (NYSE:RACE) fans have something special to look forward. The SF90 Stradale has already been heralded as a great car from Maranello, 1 of the company’s best cars of this […]
#Ferrari $RACE Ferrari (NYSE:RACE) the iconic Italian sports-car maker produced another stellar financial report this wk, the share price broke the Strong overhead resistance at 200 and long investors are happy. Ferrari’s share price says it is classed as a luxury goods purveyor, rather than a car company, and involvement in F1 racing does not […]
#Ferrari #earnings #Aristocrat $RACE $UBS UBS (NYSE:UBS) reiterated is high conviction Buy rating on Ferrari (NYSE:RACE) after Tuesday’s earnings smasher. “Ferrari’s unparalleled earnings and cash flow visibility should be even better appreciated during times of uncertainty, with FY guidance now raised to the Top end of the range. Management flagged strong order book and long […]
#WallStreet #Bullishishness #VIX #coronavirus $DIA $SPY $QQQ $RUTX $VXX The fear on Wall Street is fading, as stocks continue their unprecedented Bull run in the midst of the global coronavirus chaos. The Cboe Volatility Index (VIX), or “fear gauge,” is near its lowest mark since late February and options markets are showing diminishing concerns of […]
$GLD, $XAU, $SLV, $USD, $JPM, $GS, $UBS Gold rose for a 4th session running, topping 1,500 oz and on pace for its best annual gainer since Y 2010. The precious Yellow metal marked a 7-wk high on the breakout as investors positioned for Y 2020, with post-Christmas gains coming even as global equities inched higher and US-China […]
$SPY, $RUTX, $USD Last Christmas, the longest Bull market in our lifetime came within points of dying as the Fed raised interest rates. Some pundits say that every 3 years or so something pushes the Bull market to the brink of extinction, before a last-minute escape, that there is a record of support that underpins […]
$UBS, $CS UBS Group (NYSE:UBS) warned that the worst may not be over after clients pulled $13-B in assets during a market correction in the last 3 months of Y 2018. Increased volatility, rising protectionism and geopolitical tensions are still weighing on investors, which will hit wealth and asset management revenue in Q-1, the Zurich-based […]
Swiss Bankers Raise $104-M to Establish Crypto Financial Services Company $BTC, $ETH Seba Crypto AG, a Swiss financial services company run by ex-UBS Group AG bankers, said it raised money as it seeks to become 1 of the world’s 1st regulated banks to let consumers trade paper (fiat) money into cryptocurrency. The Zug HQ’d company […]
Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]
Financial Advisors Have to Take Notice of Cryprocurrency Investments $BTCUSD, $ETHUSD Perhaps the most interest among everyday investors in several years are cryptocurrencies like Bitcoin or Ethereum. But, the majority of financial planners are less excited. Wirehouses including: UBS (NYSE:UBS), Merrill Lynch Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) have forbidden their advisors from buying and selling […]
Survey: Majority of Wealthy Investors Expect to Live to 100 anni $UBS More than 50% of the world’s wealthy investors expect to live to the age of 100, with nearly 67% planning to work longer in life to afford a comfortable retirement, according to a survey released Thursday. The UBS Investor Watch, which tracks the sentiments of […]
President Trump Deserves ‘High Marks’ for Economic Policies $UBS President Donald Trump earned “high marks” from Swiss bank UBS for his economic achievements. “I think prior to his election, the prospects of tax reform, of regulatory relief, or any sort of sensible approach to infrastructure were off the table,” said Mike Ryan, UBS Wealth Management […]
Bitcoin Leads to ‘Revolution’ in Commodity Trading $BTCUSD, $IBM, $UBS The rise of Bitcoin is amazing the world’s financial gurus, and now blockchain, the digital-ledger system is set to do the same in Y 2018 for trading in raw materials commodities, as it is being adapted to streamline physical transactions. Two months ago 4 banks joined […]
China’s $38-T Off-Balance Sheet Items Poses Little Risk $CNY, $UBS, $MCO The Chinese finance sector’s RMB 253-T ($38-T) of off-balance sheet items pose little risk because more than two-thirds of them are relatively harmless components such as custodial funds and untapped credit-card limits, said UBS Group AG (NYSE:UBS). Despite the size of the number, a […]
Asia Billionaires Overtake US for 1st Time, Led by Chinese Asia leads the world with billionaires, China leads the Asians Peer networks are playing an increasingly important role for billionaires when it comes to making, spending and giving away money Billionaire wealth increased 17% to $6-T in Y 2016, after a decline the prioryear, UBS […]
Paul Newman’s ‘Paul Newman’ Rolex Daytona Coming to Auction $RACE, $UBS Actor Paul Newman”s Rolex Daytona reference 6239 is coming to auction in October at Phillip’s It is said that among vintage watch collectors, certain ones are known as Holy Grail watches. They are the ones that inspire spirited bidding and the winner’s bragging rights. […]
George Soros is Shorting The Trump Rally $SPY Recent SEC filings reveal that George Soros has placed big bets against the stock market. The position is costly, the S&P 500 index is up 9.4% since the November election of President Donald Trump, whom Mr. Soros strongly opposes. Mr. Soros’ bets Vs stocks came in the […]
Abu Dhabi in Talks to Invest in $100-B SoftBank’s Vision Fund $SFTBY, $AAPL, $ORCL, $DB, $UBS Saudi Arabia’s Public Investment Fund is a major backer of the fund Abu Dhabi’s sovereign wealth fund is said to be among the parties in talks to invest in Japanese telecoms group SoftBank’s (OTCMKT:SFTBY)$100-B technology fund. The FT cited people […]
Confidence Has Returned To Investors in Wake of Trump’s Election $SPY, $DIA, $UBS Just 2 weeks before the US Presidential election, 50% of wealthy investors were fearful of turmoil in the stock markets. Many either pulled some of their money out or moved it into more conservative investments, according to a survey by UBS Wealth […]
WikiLeaks: Clinton Foundation and Billy Got Paid $KO, $UBS WikiLeaks released an internal Clinton memo Wednesday reveals how a longtime Clinton confidant played an “unorthodox” dual rolem raising money for the Clinton Foundation and finding paid work for former US President Bill Clinton. The 12-page document written in 2011 by Doug Band of Teneo, a […]
Canada’s Bank of Nova Scotia Under-fire for Manipulating Gold Prices $BKSHF, $DB, $HBSC, $UBS, $GLD, $SLV Canada’s Bank of Nova Scotia(OTCMKT:BKSHF) 1 of the 5 big banks said to have manipulated the Gold market, which is worth trillions of dollars in trading value per year, will have to turn over internal e-Mails and other correspondence […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $AVGO, $FLEX, $MU, $CRM, $UBS, $WMT Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets top analysts upgrades, downgrades […]
China: Supply-side Reforms to Help Expand the Economy China’s supply-side reform will unlock new sources of growth to help the economy fend off downward pressures amid a fading global economic recovery, Swiss bank UBS said. China’s economy expanded 6.7% Y-Y in Q-1, slowing further from the previous Quarter. Despite the downward trend, the government is […]
UBS Bullish Ferrari (NYSE:RACE) Ups Price Target $RACE, $UBS UBS (NYSE:UBS) analysts reiterated its Buy rating on Ferrari (NYSE:RACE), and raised the price target to 50.00 from 48.00, following the company’s Q-1 earnings report. Monday UBS Analyst Michael Binetti noted: “Despite beating Q-1 estimates and raising 2016 guidance, RACE’s stock has pulled back slightly due to: […]
Succession Plans Key to Family Businesses Family firms advised to separate family assets from business assets Just 30% of the world’s family businesses are passing the reins onto the next generation and the problem is endemic in the Middle East, according to financial services provider UBS AG (NYSE:UBS). The Swiss company has found that only […]