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
Trump Trumps The Democrats
5 years ago

Oil's floor is when money losing oil companies stop getting bank bailouts which can't even pay for interest and close up shop, gold and silver will not help oil get a floor in any way. Likewise, OPEC and Russia must further curb their output based on supply and demand.

Kodak Stock Battered After U.S. Puts The Breaks On $765 Million Loan
5 years ago

Even if their actions were regular and legal, their actions seem in extraordinary bad taste. The US should disclose everyone who got Corona loans over $1 million through multiple applications or not. It was our tax money. The media can go from there. I feel this is just the tip of a giant continent of questionable loans and bailouts by the government during this pandemic.

In this article: KODK
Dollar – 2 Reasons Why Friday Is The Big Day
5 years ago

Yes, if people read the Constitution and take the time to understand it, this power grab by the President which clearly undermines states rights, separation of powers, and social security. True Conservative Republicans should be outraged and demand a Supreme court decision on this. In the future any president could use the same Presidential decree to strip all revenue from the states and allocate all your tax money to anything the President wants such as taking the whole budget and giving it all to whomever they want. This is horrific beyond belief if used as a precedent for Executive Power which it is. Dictatorship can easily be established from here. The founding father easily understood this and is why the created the Constitution as is.

Dollar – 2 Reasons Why Friday Is The Big Day
5 years ago

Sadly it's a deal Trump could sacrifice the Constitution and separation of powers for a deal no one wants, now all he has to do is never have an election and get rid of the Constitutional succession clause and he then can declare the US a Dictatorship. These are dangerous times. You must consider evil endgames like these.

The Constitution can't save the Republic if no one opposes its obvious subversion.

President Trump Signs Additional COVID Relief – What To Expect From The Markets
5 years ago

I mean a finding in time. He is barred from co mingling or siphoning funds from accounts not approved by Congress. If this goes through fiscal restraint and Congressional powers go out the door. Also fiscally conservative Republicans and States rights republicans should sue as well.

In this article: GLD, SLV, SPY, TRAN
President Trump Signs Additional COVID Relief – What To Expect From The Markets
5 years ago

Although this is a breach of Congressional powers, it is doubtful the Supreme Court can issue a finding if Congress should attempt to prevent Presidential overreach as he attempts to siphon funds from their respective areas of expenditure and not perform his Executive duty to collect taxes as Congress instructed. I agree there needs to be some sort of stimulus during Covid and to take care of the crisis for those out of work. The issue is the solution is undermining the fabric of our constitutional democracy with little short term concern with delayed ramifications.

To not challenge this would solve the short term conflict while Congress chooses to not defend their Constitutional rights and shirk their duty. To me at least, this is a terrible solution that undermines America worse than the limited way it solves the problem created by the Senate not acting upon this impending crisis in time.

In this article: GLD, SLV, SPY, TRAN
Unlimited Stock Valuation With Low Interest Rates?
5 years ago

Small companies can be more efficient than large ones. The simple fact is big companies tend to have the funding to stay in business, the government tax breaks to survive, and the pricing power to make you pay for it.

Weighing The Week Ahead: Economic Sunrise?
5 years ago

The pundits are upset because earnings are going down as is the economy. They are correct in regards to that and in the fact the country isn't taking the necessary steps to end the Covid crisis preferring to act like a 3rd world country with no central planning and no science based central command. This is decidedly bad.

What is not understood is what is happening. Big companies with access to capital that are profitable or that are the future become more valuable relatively as rates and inflation go down. This accounts for a hefty amount of the appreciation. Or another words, we are seeing asset appreciation that is to be expected and is logical in this environment. The other aspect is the stock market is composed of big companies that survive and grow off of cannibalizing the economy that is doing poorly. It has been doing poorly for decades and looks like it will be doing the same into the future. The fact that small business stimulus mainly went to big businesses is an example that there is only lip service to small businesses in government. In the meantime, expect big businesses to keep growing and capitalize off of whatever crisis ensues.

In this article: SPX, VIX
Unlimited Stock Valuation With Low Interest Rates?
5 years ago

Indeed many of the large companies are thriving off of the dying carcasses of the small. This has been going on for some time now. Realize the stock market doesn't reflect the entire economy which is doing quite poorly despite what you will hear as elections come around.

Be happy you got in early and can afford to buy the healthiest companies on the stock market.

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