Author Archive: Jeremy Parkinson
Kulicke & Soffa For Semiconductor Equipment & Packaging
Today I’m reviewing a small-cap semiconductor equipment & materials firm by the name of Kulicke and Soffa Industries, Inc. Its trading ticker symbol is KLIC. Kulicke & Soffa Industries Inc is engaged in the semiconductor industry. It manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices. It operates in two segments, […]
America’s Indo-Pacific Economic Vision Is Merely Geopolitical Maneuvering
The Trump administration’s Indo-Pacific Vision is not an alternative to Chinese and other development initiatives in the Asia Pacific. It is a geopolitical play that is likely to benefit mainly advanced economies. What the Asia Pacific needs is a sustainable, long-term plan for accelerated economic development – not new geopolitical divisions. On July 30, U.S. […]
The World Is Drowning In Debt
The U.S. economy grew by 4.1 percent during the past quarter, and that’s good news. All the economic signs are positive. Or are they? There is much less discussion about debt, which has hit another record high. The global debt just reached $247 trillion for the first quarter of this year. That is $29 trillion […]
USDCAD Daily Analysis – Wednesday, August 15
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3170 already. Further decline is still possible and next target would be at 1.2961 support. Resistance is at 1.3170, only a beak of this level could trigger another rise towards 1.3300.
Good Growth Trend At Indonesian Tech Retailer Erajaya Swasembada
Background Established in 1996, PT Erajaya Swasembada Tbk is an importer, distributor, and retailer of telecommunication devices. ERAA has built strategic partnerships with 14 reputable product brands and collaborated with leading network providers in Indonesia for their distribution channels. Business Description The group operates mainly through its many subsidiaries, most of which are fully owned. […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, August 15
WTI Crude Oil The WTI Crude Oil market has been very noisy during the trading session on Tuesday, initially trying to reach towards the $68 level and beyond, but we did turn around of form a bit of shooting star. The market looks as if it doesn’t know where to go next, so therefore I […]
Can Sterling Fall Further?
Brexit headlines continue to overshadow UK’s economic data, Short GBP/USD? UK’s unemployment rate fell to 4% yesterday which is a 43-year low. Wage growth slowed slightly but jobless claim increased lesser than expected. Sterling rose on the initial jobs data released, but gave up gains as Brexit headlines, market sentiment and risk appetite continue to […]
Tesla’s Hail Mary Play And Convertible Bond Hokey Pokey
Elon Musk’s Tweet about going private was likely an act of desperation. Tesla will not meet stated profitability goals. It’s looking increasingly likely that Musk’s August 7 Tweet about taking the company private was a purposeful distraction as well as a violation of security laws. Here is the Tweet once again. Am considering taking Tesla […]
The U.S. Is Unhealthy
With the CPI showing only 1.9% year over year inflation in medical costs, it’s easy to forget about the extremely high costs Americans pay if you are an economist only looking at the government inflation metrics. If you speak with most Americans, they will laugh at the idea that medical costs have only gone up […]
Stocks Outlook – Wednesday, August 15
Thoughts SKEW is going up. Not consistently bearish for the stock market Total Household Debt is rising. Not bearish for the stock market Delinquency Rate is trending downwards. Medium-long term bullish for the stock market 1 am: SKEW is going up. Not consistently bearish for the stock market SKEW represents the willingness of stock market traders […]
