Billings were down significantly and that matters not a whit. Bookings jumped and so did the ratio, which of this occasion is indicative of a good report. From SEMI's mouthpiece:…
Last week when I was not doing my own market positioning or writing subscriber updates, I was bringing Biiwii back to life, so on Friday I skipped the entirety of…
A short wrap up to the employment situation from NFTRH 385... Hourly wages eased and this, along with the quality (or lack thereof) of jobs created has given the bears…
Ref. BLS Employment Situation (+242,000, unemployment @ 4.9%) for February. The theme remains unchanged as the relatively strong dollar continued to pressure people who make things and mine things and…
I actually saw some cheering of the 'not quite as bad as expected' ISM report yesterday. It bounced all the way up to a contraction level of 49.5. Full ISM…
The Semi equipment book-to-bill ratio jumped all the way to 1.08! Can you believe that? Well unfortunately, what matters is nominal bookings and billings. Bookings eased a bit from December's…
Actually, respondents are not that dour. I would expect Medical Devices to be relatively strong; they always were at economic weak patches when I was in the business. "Huge roll…
I used to get freely distributed emails (i.e. non-premium) from a well regarded service based in the UK. They struck me as very smart and very buttoned down. What they…
We had been reserving the SEMI data for private posts when we were scouting for changes to the previous trend, but since we noted the trend change in real time…
If you've followed my occasional SEMI book-to-bill data posts here at NFTRH.com or in NFTRH, you know how much of a geek-like fascination I have with the Semiconductor Equipment sector…
It is important to distinguish the 'back end' from the 'front end' of the economy or else all you end up with hype emanating from the financial sphere every time…
We are not breaking any news here as we did in July with the shocking (well, if you're a geek like me) news about Mori Seiki's machine tool blow out;…
I see analysis out there discussing the Semiconductor sector as a whole as being under valued relative to other stock market sectors. This seems to be based on the fact…
It is no secret that US credit markets have been increasingly stressed lately. Junk bonds are tanking and junk's ratios to the relative quality of Investment Grade and Treasury have…