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 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 can see his articles on TalkMarkets
here, and on Seeking Alpha
here.
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Latest Comments
Market Technicals: Five Key Levels On Verge Of Breakdown
The market should hold up as the Federal reserve will keep pumping dollars in an election cycle. Covid is unknown although people are working hard on a treatment to keep people from dying. A vaccine that is tested for safety the same way other vaccines are is unlikely by the end of the year. However, they may get one out if you want to be a guinea pig. Hopefully, the FDA will have tested the basics and the rest may be up to luck.
US Dollar Weakness To Linger As Fed Extends USD Swap Lines
If you want to see the US go lower cut out stimulus checks and watch the economy sink. It may happen with the Republicans and Trump trying to get a gold bug in the Federal Reserve. I guess he's not planning on winning.
How Low Can Yields Go?
LOL, buy companies like Exxon that pay dividends.
The Markets Are Sending Confounding Messages
In this case to deal with the pandemic, I think the market and people in general agree to try to ease fears and prevent panic. I can't disagree. However, as a general statement, the long term trend doesn't look good if this becomes a regular issue. The point is, we need to deal with Covid. The longer we dither around without dealing with it on a national level the more it will spread and grow in the States with the worst records in dealing with it keeping the infections going.
Pending Home Sales Rise 16.6% In June
There is clearly pent up demand, however, I'd be careful reading too much into this.
Are Asset Class Correlations At A New Permanently High Plateau?
If the US goes the way of Japan he answer will be yes. Hopefully, the economy will recover and growth will resume from where it left off pre-pandemic or even pre-Obama and Trump.
Coming Soon: The HEALS Act
Payments directly to consumers and taxpayers is much better than pork.
HIV Cure Challenger CytoDyn Takes On Gilead Sciences
Here is a recent article on the results.
seekingalpha.com/.../4360887-interpretation-of-cytodyns-mild-to-moderate-covidminus-19-results
Weighing The Week Ahead: Time For A Look Under The Hood Of The Economic Engine
It is too early to say short term. Any new drug that prevents deaths in Covid patients will help the market. As for the economy, the US is already expecting another low quarter, anything that points to a brighter future will be well received.
Tainted Tech Infects Stocks
I am hopeful that a viable drug will help people from dying in the near future. This and only this will help us get over Covid problems because our national response is clearly inadequate and a vaccine is a while off and official FDA verified safety is a long time off and everyone knows it. Tell me you have a Covid Vaccine and I know you are a long ways off of most everything. Covid Vaccine applications are the new give me free government money and wait for negative results game.
Look to drugs that can cure existing patients and can be tested this year. As I disclosed I'm hoping CYDY pulls through. you can bet on whichever solution you feel can do the trick, just hope that they work out. The rest of the stock market hinges on these whether or not you know it. Now more than ever.