Five Watch Auctions in Seven Days; Ferrari 599XX Leads Tegernsee at EUR 2.5M

June 4: Five Watch Auctions in Seven Days; Ferrari 599XX Leads Tegernsee at EUR 2.5M============================================================Tonight: auto sector equities, Centre Pompidou Seoul opens, and a packed watch auction calendar ahead.Tickers covered: MC.PA | CFR.SW | UHR.SW | RACE | WOSG.LIn this episode:Auto Sector Equities- BMW, Mercedes-Benz, and Porsche testing technical support levels- Ferrari (RACE): 29.5% operating margin in 2025, up from 28.3% prior year, on revenue of EUR 7.1BRM Sotheby's Tegernsee Consignment (July 4)- 2009 Ferrari 599XX Evo: EUR 2M–2.5M (headline lot)- 2004 Porsche Carrera GT: EUR 1.2M–1.6MCentre Pompidou Seoul- Centre Pompidou Hanwha opened today in Yeouido, Seoul- 10,000 sqm, designed by Jean-Michel Wilmotte- Inaugural exhibition: "The Cubists: Inventing Modern Vision" — Picasso, Kandinsky, Matisse, Chagall- Partnership with Hanwha Foundation (Hanwha Group, publicly traded on Korea Exchange)Watch Auction Season — June 9-15- Sotheby's Magnificent Jewels — June 9, New York- Christie's watches — June 10, New York- Bonhams watches — June 11, London- Phillips watches — June 13-14, New York- Sotheby's watches — June 15, New York- Swiss watch exports to US fell 17% YoY in AprilSector Snapshot at Close- LVMH (MC.PA): EUR 477.10, day range 473–479.75- Richemont (CFR.SW): ~CHF 161.80, near record high- Swatch (UHR.SW): ~CHF 215- Ferrari (RACE): 29.5% operating margin, FY25 revenue EUR 7.1B- Watches of Switzerland (WOSG.L): holding 14% gain from earlier this weekLinks:- ALT/FNDATA: https://www.altfndata.com- RM Sotheby's Tegernsee lots: https://rmsothebys.com/auctions/tc26/lots/- Ferrari 599XX consignment: https://www.magnetomagazine.com/articles/ferrari-599xx-leads-rm-sothebys-coe-germany-supporting-2026-tegernsee-sale/- Centre Pompidou Hanwha: https://www.centrepompidou.fr/en/lieu/centre-pompidou-hanwhaAlso from ALT/FNDATA:- Open Bid — Mon-Fri at 6 AM ET- Auto Market — Thursdays at 8 AM ET- Luxury Spending — Wednesdays at 8 AM ET