Friday, February 21, 2020

Outside day

Outside day occurs when the low of the day is lower than the previous day’s low and the high of the day is higher than the previous day’s high. Candlestick or OHLC chart displays make it easy to see. Depending on where it occurs on the chart, this may signify a bullish (a) or bearish (b) key technical reversal.

 


(b)

Thursday, February 20, 2020

The U.S. Dollar index reaches 99

The U.S. Dollar Index (DXY) tracks the strength of the dollar against a basket of major currencies. 
DXY originally was developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies.

The following six currencies are used to calculate the index:

  • Euro (EUR) 57.6% weight
  • Japanese yen (JPY) 13.6% 
  • Pound sterling (GBP) 11.9% 
  • Canadian dollar (CAD) 9.1% 
  • Swedish krona (SEK) 4.2% 
  • Swiss franc (CHF) 3.6% 
The DXY index topped at 103.82 in January 2017


 1 year


Japanese yen


Wednesday, February 19, 2020

Apple (AAPL) suppliers

Ticker       Company name Mkt Cap
  1. CRUS     Cirrus Logic   1.93B ; Austin, Texas-based; Apple supplier; makes audio integrated circuits and microphones used in smartphones.  Apple represents 75% of company's revenue. That is the highest percentage among Apple suppliers, according to FactSet.
  2. SWKS    Skyworks Solutions   11.29B : Woburn, Mass.-based; The company makes radio frequency chips used in Apple's iPhone 6, Samsung's Galaxy GS5 as well as many other wireless devices.   Gets 40% of its revenue from Apple.
  3. AVGO    Broadcom  94.9B;  San Jose, California-based; top supplier to both Samsung and Apple.
  4. QRVO   Qorvo 3.72B: North Carolina; radio frequency (RF) solutions for mobile, infrastructure, and aerospace and defense applications.
  5. JBL    Jabil Circuit 3.84B: contract manufacturer; gets about 25% of its revenue from Apple. 
  6. LITE   Lumentum   3.11B
  7. OLED  Universal Display Corp.  4.109B; Ewing, N.J.-based  (Two new iPhones have OLED screens, all three with 3D sensing)
  8. QCOM Qualcomm    67.82B   makes most of its $22.3 billion sales from smartphones
  9. NXPI      NXP Semiconductors N.V.     22.5B: Netherlands-based; the world’s number one supplier for small-signal discretes; will supply the near field communications (NFC) module and secure element NFC booster chip. NFC is a set of standards for smartphones and other devices like the Apple Watch to establish radio communication with each other by touching them together or bringing them into close proximity, usually no more than a few centimeters.
  10. FNSR Finisar  2.52B   Sunnyvale, California
  11. MU  Micron Technology  37.824B  Boise, Idaho; memory and storage solutions
  12. AMAT  Applied Materials   31.55B  Santa Clara, California
  13. XLNX  Xilinx   22.28B  San Jose, California
  14. TXN   Texas Instruments  90.66B Dallas, Texas
  15. STM   STMicroelectronics  11.68B  Geneva, Switzerland
  16. KN Knowles Corporation 1.15B Itasca, Illinois
  17. GLW   Corning   23.59B  Corning, New York
  18. ADI   Analog Devices  31.55B  Norwood, Massachusetts
SMH VanEck Vectors Semiconductor ETF
    Apple suppliers' stocks:  (vol) https://finviz.com/screener.ashx?v=211&t=AAPL,CRUS,SWKS,QRVO,JBL,LITE,OLED,QCOM,NXPI,FNSR,MU,AMAT,XLNX,TXN,STM,KN,GLW,ADI,SMH&ta=0&o=-volume

    Acquisitions
    • InvenSense (traded as NYSE:INVN ) acquired  by TDK Corporation for $13.00/share in cash  Dec. 2016.
    • ARM Holdings  (traded as Nasdaq: ARMH)  United Kingdom; Apple supplier; maker of chips used in smartphones;  acquired by SoftBank Group (SFTBY) for $31.4 bln (July 2016)
    • Broadcom Corp.  (traded as Nasdaq: BRCM) ; California-based; top supplier to both Samsung and Apple. Acquired by Singapore-based Avago Technologies (AVGO) for $37 billion in Feb 2016.  Avago took the Broadcom name after the acquisition. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.

    Saturday, February 15, 2020

    Solar stocks

    ETF
    • TAN  Invesco Solar ETF 

    (by market cap)                

    Ticker       Company name Mkt Cap
    1. FSLR  First Solar   5.825B
    2. SEDG  Solaredge Technologies  5.406B
    3. ENPH  Enphase Energy  5.029B
    4. TERP   TerraForm Power  4.668B
    5. ORA  Ormat Technologies   4.374B
    6. RUN  Sunrun  2.529B
    7. SPWR  SunPower 1.4B
    8. CSIQ   Canadian Solar   1.382B
    9. VSLR  Vivint Solar 1.332B
    10. JKS   JinkoSolar  1.119B
    11. DQ   Daqo New Energy   963.684M; Chinese company
    12. AZRE Azure Power Global 652.615M; Indian company
    13. SOL  ReneSola Ltd. (ADR) 71.108M
    Others:
    • OTCMKTS: YGEHY    Yingli Green Energy  2.9M  (formerly NYSE:YGE)
    • OTCMKTS: RGSE Real Goods Solar  527,406
    • CSUN China Sunergy; delisted Mar 09, 2016
    • GT Advanced Technologies (NASDAQ: GTAT); delisted 2015
     Acquisitions:
    • HSOL Hanwha Solarone –  taken private in 2018 (formerly NASDAQ:HSOL)
    • TSL   Trina Solar –  taken private (8/1/16)
    • SCTY  SolarCity  –  acquired by Tesla (TSLA)  (6/21/16)
    • SUNE Sunedison   –  taken private
    • JASO JA Solar    –  taken private
    finviz charts:  (vol) https://finviz.com/screener.ashx?v=211&t=TAN,FSLR,SEDG,ENPH,TERP,ORA,RUN,SPWR,CSIQ,VSLR,JKS,DQ,AZRE,SOL&ta=0&o=-volume

    charts - avg vol (3 months)

                 
    ©Artremis (2/15/20)

    Thursday, February 6, 2020

    3D printer stocks

    3D printer companies:
    • 3D Systems (DDD)
    • Stratasys (SSYS)
    • ExOne (XONE)
    • Voxeljet (VJET)

    Related stock: Proto Labs (PRLB)

    ave vol - 30 days

      

    Friday, January 31, 2020

    Market update (31 January 20)

    The stock market sold off to end the week, and month, on growing concerns about the coronavirus and the negative effect it could have on economic growth.  

    The coronavirus angst was exacerbated by increasing reports of worldwide cases; Delta Air Lines (DAL), United Airlines (UAL), and American Airlines (AAL) suspending U.S.-China flights; and the White House declaring a public health emergency in addition to announcing some travel restrictions. 

     
    Fri, Jan 31, 20

    Worried by the mounting death toll from the coronavirus and drastic efforts to contain it, investors dashed for the exits,

    coronavirus-related stocks on Fri Jan 31, 20

    S&P 500, 14 months

    YTD
    Nasdaq Composite +2.0% 
    S&P 500 -0.2%  
    Dow Jones Industrial Average -1.0%  
    Russell 2000 -3.3%  

    GSG commodity index, renko chart


     
    The Economist, Bloomberg Businessweek covers

    sold out masks at CVS

    Latest coronavirus news:  
    - Chinese authorities have reported more than 350 fatalities
    - China has banned burials or funerals for virus victims
    - There are over 14,000 confirmed cases worldwide
    - Hong Kong, Japan, Singapore, UAE and the US have confirmed more infections
    - The outbreak has reached more than two dozen countries and regions globally
    - Several countries are halting flights to and from China
    - WHO declared the virus was a public health emergency of international concern

    Update Tue Feb 4, 20: China injects $57 billion into banks

    Thursday, January 23, 2020

    Coronavirus-related stocks


    Cases of a novel pneumonia-like viral illness that originated in Wuhan, China in December have now been confirmed in South Korea, Thailand, Japan, Taiwan, Macau, and the U.S.
    The genetic sequence of the new coronavirus, 2019-nCoV, is at least 70% similar to SARS-CoV.
    1. Inovio Pharma (INO) received new funding from the Coalition for Epidemic Preparedness Innovations or CEPI to develop vaccine against new coronavirus.  Collaborating with Beijing Advaccine Biotechnology Co. to advance the development in China of INO-4800 against the coronavirus and has already started preclinical testing and preparations for clinical product manufacturing.
    2. Moderna (MRNA) and CEPI, today announced a new collaboration to develop an mRNA vaccine against the novel coronavirus (2019-nCoV). 
    3. Alpha Pro Tech (APT) Canadian co. that manufactures masks and protective apparel 
    4. Lakeland Industries (LAKE) also produces protective clothes for high-risk workers,
    5. Co-Diagnostics (CODX) Utah company developing a test for the new coronavirus strain. 
    6. Vir Biotechnology (VIR) - Portfolio includes an antibody for another coronavirus strain. Company is in discussions with manufacturers and regulators regarding expediting the manufacture and regulatory pathway for any potential therapy,
    7. BioCryst (BCRX) - has a candidate in a Phase 1 study for a range of viruses
    8. Novavax (NVAX) - has launched a program for the Wuhan-coronavirus vaccine. It already boasts success in vaccine development for the MERS and SARS strains.
    9. NanoViricides (NNVC) - produces nan-medicines to fight virus such as swine flu and bird flu. It also has early-stage programs for Dengue viruses and Ebola and once dabbled in a MERS candidate.
    10. Cleveland BioLabs (CBLI) - develops immune-receptor activators.
    11. Cerus (CERS) - uses proprietary technology to inactivate the SARS strain.
    12. Aethlon Medical (AEMD) -  treats viral infections with its hemopurifier.
    13. AstraZeneca (AZN) - awaits direction from the World Health Organization before acting.
    14. Meridian Bioscience (VIVO) - diagnostic laboratories in China are using Meridian's Lyo-Ready 1-Step RT-qPCR Mix to develop fast and accurate screening. 
    15. AbbVie (ABBV) - China is using AbbVie’s HIV drugs to treat coronavirus A combination of lopinavir and ritonavir, sold under the brand name Kaletra. In some countries, Kaletra is sold as Aluvia.
    16. Gilead Sciences (GILD) - Feb. 3:  Company formalized an agreement with Chinese authorities to study the effectiveness of an experimental Ebola and SARS treatment. Feb. 1, 20: Gilead Sciences said it is sending an experimental antiviral drug to China for emergency treatment of coronavirus patients as well as testing to see if it works against the virus. There was an earlier report suggesting Gilead Sciences (GILD) is assessing using an Ebola drug for treatment of the coronavirus.
    17. Johnson & Johnson (JNJ) - Announced launch of multi-pronged response to the coronavirus outbreak:  JNJ is mobilizing resources at its Janssen Pharmaceutical Companies to launch a multi-pronged response to the coronavirus outbreak. The company has initiated efforts to develop a vaccine candidate against 2019-nCoV and broadly collaborate with others to screen a library of antiviral therapies.
    18. Sorrento Therapeutics (SRNE) - Announced manufacturing collaboration with Celularity to initiate emergency allogeneic NK cell therapy development for coronavirus infection.
    19. ImmuCell (ICCC)
    20. Nabriva Therapeutics (NBRV)
    21. iBio (IBIO)
    +Allied Healthcare Products (AHPI) - manufactures and markets respiratory products, including croup tents, respiratory disposable products, such as oxygen tubing products, facemasks, cannulas, and ventilator circuits.

    (by avg vol - 3 months)
                        

    Wuhan seafood market pricelist where the virus reportedly originated

    The first known cases in December 2019 were traced to an animal market in the Chinese city of Wuhan and are believed to have come from contact with live animals that were infected.
    • The Wuhan virus (officially referred to as 2019-nCoV) belongs to the coronavirus family, a category that includes Severe Acute Respiratory Syndrome (SARS) and Middle East Respiratory Syndrome (MERS) and that typically results in respiratory illnesses. While SARS and the new coronavirus are not identical, their similarities could make it easier to “cannibalize” prior research and start developing vaccines and therapeutics on an accelerated timeline.
    • Coronaviruses originate in animals — like camels, civets and bats — and are usually not transmissible to humans. But occasionally a coronavirus mutates and can pass from animals to humans and then from human to human, as was the case with the SARS epidemic in the early 2000s. 
    • SARS, which showed up in the early 2000s, infected more than 8,000 people and resulted in nearly 800 deaths. MERS, which appeared in the early 2010s, infected almost 2,500 people and led to more than 850 deaths.
    • Coronaviruses belong to a family known as Coronaviridae, and under an electron microscope they look like spiked rings. They're named for these spikes, which form a halo around their viral envelope.  
    Coronavirus

    China’s place in the global supply chain and concerns involving the coronavirus & the adverse impact it will have on economic growth and earnings growth.
    The impact of the Wuhan coronavirus on China and perhaps the global economy will be a major focus as more updates pour in. The outbreak has already negatively impacted companies like IMAX (NYSE:IMAX), Yum China (NYSE:YUMC), Disney (NYSE:DIS), McDonald's (MCD), Luckin Coffee (NASDAQ:LK), China Eastern Airlines (NYSE:CEA), China Southern Airlines (NYSE:ZNH) and a large number of energy and travel stocks.

    Efforts to contain the Wuhan virus are overlapping the important Chinese New Year holiday period, which means Macau casinos could see reduced traffic and lower gross gaming revenue for Wynn Resorts (NASDAQ:WYNN), MGM Resorts (NYSE:MGM), Galaxy Entertainment (OTCPK:GXYEF), SJM Holdings (OTCPK:SJMHF), Melco Resorts & Entertainment (NASDAQ:MLCO) and Studio City International (NYSE:MSC).