Celebrities, athletes, musicians and anyone who has big bucks tend to collect trophies such as mansions, jewelry, jets and cars, as well as supercars, defined as exotic, sports cars.
If history is any guide, there may be trouble ahead for shares of Ferrari (NYSE:RACE). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
The outlook for companies and stocks are mired by numerous uncertainties that are currently at play. Even as investors remained dithery over how the Fed's monetary policy normalization could impact their top- and bottom-lines, the Ukrainian crisis came as an added shock.
An analyst at Morgan Stanley has a couple recommendation for these trying times.