Moon Kil Woong - Comments
Executive Officer at SME
Moon Kil Woong is currently a VP at a SME. Previously he was a tech stock consultant, VP of Research at ING, and sell side Director at Crédit Agricole Indosuez. Moon Kil Woong has a Masters in Public Administration from SJSU. He contributes to both TalkMarkets and Seeking Alpha. You ...more
Latest Comments
Tesla Motors Inc. Changes Bylaws To Avert SolarCity Corp Shareholder Fight
9 years ago

So much for keeping shareholders' interests in mind.

In this article: TSLA, SCTY
England Knocks Itself Out Of The Euros With Spectacular Own Goal In Extra Time
9 years ago

Congratulation to democracy in action. Who knows what the future will bring either way with the vote. Clearly the EU is not going a good direction regardless of Brexit, so I understand those who voted for it. If you're going to face a grim future, it's best done by your own hands because at least you have the power to stop before something bad happens rather than depending on the EU to manage immigration of Greece to become magically fiscally conservative and solvent.

The Brexit Carnage From A Trader's Perspective
9 years ago

LOL to traders who lost the most making very short term bets. Gambling is gambling, pay up and be glad the immediate downside wasn't that much more than the fake upside the market took before the vote. Also, no the government or Federal Reserve won't pay for your losses. Move to Russia if you want socialist corruption please.

In this video: GBBEF, OIL, USO
Today's Trading Plan: Brexit Wins
9 years ago

It is amazing how much whining there is over indexes backtracking from assumptions that Brexit would not happen. The reaction is exactly proof of the dumb hand holding the market wants and demands after giving up on the free market and depending on central banks and government to change their diapers.

The market is a kitchen. There is fire. If you can't handle it go sit in the dining room and hope someone is still in the kitchen making the economy for you. Rather than cooks they are called capitalists, the one the Federal Reserve derides for not spending money and borrowing from banks to make them all powerful.

In this article: VVC, SPXU, SPY, SPX, VIX
Is It Time To Buy This Fast Food Chain?
9 years ago

Even if profits rise, softer sales at fast food stores tend to lower stock prices rather than raise them and are not a positive sign. Higher prices to offset such declines may help a quarter but tend to create a vicious cycle that ends badly. I think the company and analysts have overestimated its growth in the coming quarter being the company is indicating a miss. The stock should suffer.

In the long run, I hope the company does well, I like their burgers and will keep an eye on it. The fast food business is really getting brutal. Too much competition.

In this article: SONC
Why The SolarCity Offer Is A Bad Deal For Tesla Shareholders
9 years ago

If Musk really cared about Tesla shareholders he would have waited a year and bought Solar City for 1/10th the price or lower before it filed for bankruptcy. Shareholders have a right to be upset.

In this article: TSLA, SCTY
Greenspan To Yellen; Incoherence The Common Theme But Vastly Different Receptions
9 years ago

Enjoyable read. I wished more people read your article.

Central Bankers Believe That They Can Provide Free Lunches
9 years ago

Perhaps that is too strong of a word. After all, the Federal Reserve is a private company run by bankers largely for bankers. However, in the scope of things, given the Federal Reserve's actions are suppose to be modeled for the good of American's and the fact they say they are, doing the opposite is nefarious at best.

Personally, I think throwing away the rate safety blanket to protect us from downturns and undermining capitalism alone is corruption. However, I am a strong believer in a free market. Perhaps, if I was a managed economy socialist, I'd feel it was not corrupt. However, either way, the US economy is not healthier due to their actions, it is a lot more fragile.

McDonald's Downgraded As U.S. Restaurant Trends Seen Slowing
9 years ago

Well I'd like to think it also has to do with Americans being more health conscience. Ugghh, what am I saying? That is a big hope, however, I don't actually see a lot of follow through. The good news is soda sales growth is also going flat, so maybe there is hope after all.

In this article: MCD
How To Interpret The Fed’s Warning On Stock Valuations
9 years ago

First stock prices are not the major concern or drag on the economy, home and rental price inflation is. Second, the Federal Reserve can not hope to manipulate stock prices down when they keep rates at zirp and near zirp for the whole cycle and imply it will remain that way. It's like arguing that a fire shouldn't be so hot as you pump in extra oxygen in physics. The Federal Reserve should be talking to themselves not trying to jawbone the stock market.

Likewise, since a huge percent of trading is TBTF banks and financial institutions, why not simply tell them to stop assuming the Federal reserve will bail them out if things go south. That would end the run up really fast given this is also a major premise behind the run up.

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