With the Semiconductor sector below but hailing its all-time highs, a lot of images come to mind; chief among them the 1999-2000 stock market bubble... In early 2013 we noted…
I am posting this article written pre-NFTRH, in 2004 (but since destroyed on the server when I accidentally blew up Biiwii.com's database last year).* This is the version from my…
ISM is not going to move many needles one way or the other with this report. I've highlighted the important items. New orders eased but are still in growth mode…
The weak ISM headline number (PMI) was an excuse for bonds and precious metals to bounce and the US dollar to drop today. It evidently inspired wild eyed casino patrons…
The ISM RoB continues on our theme of inflationary growth, as first indicated in the Semiconductor Equipment sector while everyone was freaking out about the backward looking employment situation. Full…
[edit] Yikes... a blogger's worst nightmare. I had 'Dallas Fed' on the brain due to publishing a post by former Dallas Fed associate Danielle DiMartino Booth at Biiwii and mistakenly…
A fairly level ISM RoB for May. I've highlighted a couple notables. New orders are healthy and price creep is in effect, which would dovetail with our would-be Semiconductor related…
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…
[edit] Ha ha ha, MarketWatch has substituted this headline for the one linked lower on the page, re-writing the whole damned article but keeping the link. Goofy. Maybe a couple of suits actually read this website, eh? Hey guys (and ladies), you know I just have fun with this stuff. Many NFTRH subscribers are said “suits” and I respect the hell out of them too. ;-)
3D Systems’ stock downgraded after ‘excessive’ rally
In a recent white paper, however, Ark Invest analyst Tasha Keeney predicted that the tide would start to change in 2016 as new industrial applications for the technology were uncovered.
“Similar to other disruptive innovations, 3D printing experienced a period of hype ‘before its time’ and has gone through a period of restructuring,” said Keeney. “While 2015 was a turbulent year for 3D-printing companies and their stocks, the long-term prospects are intact and profound.”
Well Tasha, maybe investors in the right companies can make a buck in the right companies, but industrial applications are not going to keep up with competition and cost pressures. It’ll be great for buyers of the technology, but not for investors in most of these companies.
***Original post follows***
On February 25, 2014 with DDD stock price at $76/share I, a former manufacturing guy, wrote this article…
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…
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…
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;…
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…