♟ Guess Who's Buying Ferraris?

Hint: It's not your father or grandfather. [Trade of the Day Logo] [View in browser]( [Ferrari Logo]( ["I don't sell cars. I sell engines. The cars I throw in for free since something has to hold the engines in."]( Enzo Ferrari, Founder, Ferrari [Bryan Bottarelli] I just came across a statistic that I found rather eyebrow-raising... So I thought I'd pass it along to you today. It's about Ferrari (RACE) - the Italian maker of luxury performance super-cars. I'll share the statistic below, but before I do, let me give you some background info on the business... As I'm sure you know, Ferrari's pricing power is like no other carmaker's. The cheapest Ferrari is the stunningly beautiful Roma GT. It'll cost you $222,620. From there, the prices only go up. - Ferrari 296 GTB retail price: $338,255 - Ferrari 296 GTS retail price: $371,139 - Ferrari Purosangue retail price: $398,350 - Ferrari 812 GTS retail price: $429,815 The reason Ferrari can demand such monstrous sticker prices is its stringent exclusivity. In other words, even if you can easily afford a Ferrari, it's still not easy to purchase one. You see, to ensure that demand always exceeds supply, Ferrari limits its sales - in fact, it sold only 13,221 vehicles in 2022. That low volume makes RACE noticeably different from most other car manufacturers. [ChatGPT Creating Chaos for Big Tech Companies Google Declares "CODE RED!"]( [High-tech matrix]( Google is frantically playing catch-up after the latest artificial intelligence breakthrough forced it to declare "Code Red" and bring back its founders. Meanwhile, this expert believes one sub-$10 stock is in PERFECT position to soar as it powers the AI revolution. [Click here to see the urgent details ]( It means Ferrari can operate with a substantially smaller footprint than its rivals. Also, thanks to the company's lucrative sales margins, it has no need to ramp up production to meet demand. Those sales margins have led to consistent growth for the share price: [Ferrari is a Master of Growth]( So, with that in mind... Let's circle back to the eyebrow-raising statistic that I referenced at the top of this article. With Ferraris having such a huge price tag and such limited availability, you have to wonder... Who is actually buying them? Well, according to Ferrari CEO Benedetto Vigna, nearly a third of new buyers are under the age of 40. That blew me away. Despite the waiting lists for some Ferrari models stretching to three years or more, Vigna told CNBC that the company has no plans to supercharge production, saying, "We are a brand that is not looking for volume." [Logo] YOUR ACTION PLAN The big takeaway? If Ferrari (NYSE: RACE) is now attracting the young and rich crowd, it could be set up for a lifetime relationship with one of the most important demographics in the entire world. As a result, inside [The War Room]( I'll now be looking closer at the RACE chart for trading opportunities. [Click here to trade along with me.]( [China's $54 Million Payment to UPenn (Home of the Penn Biden Center) Is Nothing Compared With What's Next...]( [Penn Biden Center]( China was caught giving $54 million to UPenn after the university announced the creation of the Penn Biden Center... But this is NOTHING compared with [China's most sinister plot to hurt America](. [WATCH NOW]( [Chart] MONDAY MARKET MINUTE - A Healthy Way to Invest in Healthcare. The Health Care Select Sector SPDR Fund (XLV) could be a great way to trade the entire healthcare sector, as it holds positions in UNH, JNJ, LLY, MRK, ABBV and others. Support at $133 could trigger a bounce. Tracking. - Climate Woes Weigh on U.S. Extreme heat and the presence of two more tropical storms near the Florida coast mean that Generac Holdings (GNRC) will remain "in play." Chart-wise, it sure looks like the bulls are building a base to rally off of - so we'll see if we can catch an upside bounce this week. - 3M Looking Attractive. As noted in the Wake-Up Watchlist this morning, 3M (MMM) now has a second massive settlement in the works, which could make it an interesting long-term play. These settlements have big top-line numbers, but keep in mind that they'll be paid out over time and not in lump sums. - United Auto Workers Union Approves Potential Strike at Ford. If the autoworkers do end up going on strike, expect a pop in used car prices (which have been falling) and in used-car retailers. 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