Machine Tools Down in February

The Machine Tool industry had a bump at the end of the year, which we set our watches by every December.  But it was very moderate.  Now as of February, despite a weaker US dollar, new lows are being made with just a little over 900 new equipment units being sold.  A decent month is around 1600-1800 units.

Fyi for anyone who cares.  I care because I have given the sector the benefit of the doubt in being long a couple of higher end related items, Faro and Stratasys.  From EDA

machinetools

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com. Also, you can follow via Twitter @BiiwiiNFTRH.