Sunday October 17, 2021, 13:39:28
By Chris D. Olin
Tower… Requesting permission to release Buzzing The Tower… Proceed with caution. Those words came to mind after we completed full review of proprietary research, survey quotes, industry data points, and macro headlines. The monthly index score hit a CY21 low point, which could be interpreted as a negative NT leading indicator for our coverage group and peers. Shoot, now it looks like we are in trouble with Viper after today’s unauthorized fly-by. The anger index is almost bright red – another way for us to communicate the negative catalysts looming over the aero supply chain and materials group. Against this backdrop, Haynes International (HAYN) looks like the best-positioned name (considering overlap with favorable data points), while Carpenter Tech (CRS) is at the bottom of the list. Continue reading
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Tuesday July 20, 2021, 05:45:47
By Chris D. Olin
Tower… Requesting permission to release Buzzing The Tower… Yikes! Trading days like yesterday are the reason Jester decided to retire early and begin his new career as a bounty hunter and the eventual antagonist to Douglass Quaid while he was on a Mars vacation. But we digress… Investors seem to be reacting to heightened concerns about an economic slowdown, trade tensions, and COVID-19 outbreaks, but we see opportunity. Given the renewed upstream aero channel strength, identification of potential catalysts, and survey data points, we would be inclined to start positions at these lower price points, focusing on companies tied to jet engine market, premium alloys, or stainless steel production (areas of survey strength). The top-of-mind names include General Electric (GE), Carpenter Tech (CRS) and Haynes International (HAYN). Normally, we would blame an intern for another late release of the bi-monthly review, but this one is on Quato. The little guy insisted on jumping in one of our backpacks so he could wait in-line with us for Top Gun 2 movie tickets Continue reading
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Monday June 28, 2021, 11:43:20
By Chris D. Olin
Tower… Requesting permission to release Buzzing The Tower – A high-speed flyby fully armed with research note summaries, a sampling of interesting quotes collected from the channel, and industry headlines that can be enjoyed with a morning coffee. Continue reading
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