OSHO.JP – WILLIAM O'NEIL+CO

Global Laggards

Posted on April 8, 2020April 8, 2020 by Cornelio Ash

Highlighted Charts

U.S.: Kennametal (KMT), News Corporation (NWSA), Sanderson Farms (SAFM), Cosan Ltd Cl A (CZZ), Everest RE (RE), Avanos Medical (AVNS), Echostar Corp (SATS), Appian Corp (APPN).

Developed: Nitto Denko (IF@N.JP; 6988 JP), Sandvik (SAND.SE; SAND SS), Relo Group (RESE.JP; 8876 JP), Beirsdorf (BEIX.DE; BEI.GR), Citic Securities (CSCY.HK; 6030 HK), H Lundbeck (LUN.DK; LUN DC), Ohsho Food Service (OSHO.JP; 9936 JP), Ibiden (IBIN.JP; 4062 JP), Telstra (TLS.AU; TLS AU).

Emerging: LG Household & Healthcare (LHH.KR; 051900 KR), Hua Nan Financial (HNB.TW; 2880 TT), Telekomunikasi Indonesia (RLK.ID; TLKM IJ).

APAC Weekly Summary

Posted on January 23, 2019January 31, 2019 by Derek Higa

MSCI Asia ex. Japan is at 100-DMA resistance. This is the second attempt since pulling back in December. It remains in a downward channel since the 50-DMA fell below the 200-DMA in June 2018.

Overall, the index remains constructive as long as it holds above the 50-DMA (~$65 for the AAXJ). The higher low in October was an encouraging sign of bottoming.

In similar fashion, major APAC markets have also risen to resistance levels. Distribution days are currently low. To remain bullish, support levels (generally the 50-DMA) must hold should distribution rise again in the short term.

Taking a look at our APAC Sector Heat Map, we focus in on Consumer Discretionary Sectors (Cyclical and Retail). In the past four weeks, Cyclical ideas are among the top performing while Retail ideas are among the weakest.

Although Cyclical and Retail hold the lowest percent of stocks above the 200-DMA, those trading above it have the highest RS Ratings and in Retail, the highest RS Ratings and EPS Rankings among sectors.

We provided the best Consumer Discretionary Ideas to keep on radar.

APAC Weekly Summary

Posted on October 31, 2018February 1, 2019 by Derek Higa

All 13 APAC markets continue to trade below their 200-DMA, but many have avoided making new lows over the past three days, which leaves open the possibility of a follow-through day. Considering the amount of overhead supply created over the past week, we remain skeptical and cautious but are sticking to our discipline nonetheless, as follow-through days often happen when least expected and when bearish sentiment is at its hightest.

Like the U.S. market, the MSCI Asia has found support the past two days, but we believe it is still too early to be aggressive overall, especially when it comes to buying growth ideas that have yet to form constructive bases. We recommend staying patient and looking for a follow-through day to provide an initial signal. That being said, we have screened for growth ideas that are trading constructively and could provide leadership should a new rally begin. Lastly, in this note, we highlight two Focus List ideas, Divis Labs ( DVL.IN; DIVI: IN ) and new addition Makalot ( MIK.TW; 1477: TT ).

APAC Weekly Summary

Posted on October 24, 2018February 1, 2019 by Derek Higa

APAC continues to be very weak with all 13 markets under their 200‐DMA. Broadly, the MSCI Asia has made new 52‐week lows.
Next support could be 3‐5% lower. As of Wednesday, Japan is still Under Pressure, but treading on thin ice as broad sector
weakness does not paint a positive picture. Our APAC Focus List is now at historical lows as technical deterioration has resulted in
constant removals since September. We remain extremely cautious and continue to recommend a defensive approach if raising
cash is not possible.
For a second consecutive week, we are providing low beta ideas with improving Relative Strength for those who must allocate
capital.

Global Retail Sector

Posted on June 27, 2018June 27, 2018 by Heetae Kim

Some highlights from the report:

U.S. Retail – Restaurants

The restaurant industry has been through better times of late. Increased consumption on account of a strong economy and lower taxes has given a boost to the industry.
Longer-term trends are still sluggish for the industry and we expect the industry group to continue to trade sideways on the chart.
The only Focus List stock from the Restaurant group is Wingstop ( WING ). We expect the stock to consolidate in the near term.
Long idea: TXRH; Short idea: JACK

International Retail – Restaurants

In the APAC region, we see bullish trends in Xiabuxiabu ( XIAB.HK ), Jubilant Foodworks ( JF1.IN ), and Domino’s Pizza Enterprises ( DMP.AU ).
We see a shorting opportunity with Saizeriya ( SAIZ.JP ) in Japan.

Top Focus List picks for the Retail Sector: LULU, OLLI, HOME, AMP.IT, AS.IN, BAP.AU