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…
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…
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…
Another quick snapshot of the US market. It was a perfect hit of the channel bottoms and support levels. While I remain intermediate-term bearish the markets that stance only firms…
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…
First of all I want to wish you a happy new year. I for one am looking forward. Speaking personally, the market has been pretty difficult to deal with. I…
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…
Here is the latest 'units sold' data for the Machine Tool industry. New equipment sales continue to decline and used equipment kicked up a bit. We are once again at…
Note: This article assumes the reader knows the reasons we are now bearish on the Semiconductor Equipment sector. NFTRH subscribers definitely do and NFTRH.com/Biiwii.com readers should as well. Readers who…
While it seems to take forever for the S&P 500 to choose a plan (correction/bear market or resumed bull) some behind the scenes discussion can be helpful. The market seems…
We reviewed some preliminary negative economic implications from the fundamental side of the Semiconductor sector in an NFTRH update yesterday. As you may remember, the Semi sector compelled me to…
In the worst kept secret in macro economics US manufacturing continues to be pressured under the weight of a strong currency. The New York Fed's Empire index declined for the…
Following is a combo of an excerpt from the November 8 edition of Notes From the Rabbit Hole (NFTRH 368) and new material... Payrolls +271,000; Is the Game Changing? I…