Weekly Update

Week in Review

Equities advanced early in the week as traders awaited comments from Federal Reserve chairman Jerome Powell at the central bank convention in Jackson Hole, Wyoming. Powell stuck to his message to “act as appropriate to sustain the (economic) expansion”. Markets reacted positively until Friday, when the Chinese imposed new tariffs on $75 billion of U.S.… Continue reading Week in Review

Conservative · Stocks to Consider and Updates

Deere Misses Estimates; Cuts Earning’s Outlook

Deere & Co. (NYSE: DE - $148.87) said sales from agricultural equipment fell in its latest quarter, as farmers scale back on major purchases amid concerns over crop conditions, uncertain near-term commodity demand and the trade war between the U.S. and China. Net sales of equipment decreased 3.4% from a year ago to $8.97 billion, pulling… Continue reading Deere Misses Estimates; Cuts Earning’s Outlook

Aggressive · Stocks to Consider and Updates

Applied Materials Beats Forecasts; Growth Prospects Slow

Santa Clara, Californian-based Applied Materials, Inc. (NASDAQ: AMAT - $46.29) a leading supplier of equipment and software for the semiconductor manufacturing industry, said new products under development would deliver growth in the future, after reporting a drop in year-on-year adjusted earnings and sales that was smaller than the market had expected. Net sales fell by… Continue reading Applied Materials Beats Forecasts; Growth Prospects Slow

Income · Stocks to Consider and Updates

Cisco Reports In-line; Outlook Disappoints

Networking equipment and software provider Cisco Systems, Inc. (NASDAQ : CSCO  -$46.55) reported in-line results for the fiscal fourth quarter. However, guidance was below expectations and the shares are down about 8% in response. Total revenue of $13.4 billion matched Street estimates and grew 6% year-over-year, with around 10% of the advance coming from acquisitions.… Continue reading Cisco Reports In-line; Outlook Disappoints

Aggressive · Stocks to Consider and Updates

Aggressive Portfolio – Allocation Update

Following second quarter earnings and management’s outlook for the near term along with macro-economic, trade and global growth headwinds, I'm tweaking the allocation model for the aggressive portfolio.        I am increasing the pie for Applied Materials on valuation and better prospects ahead for the semiconductor industry. The shares have moved up about… Continue reading Aggressive Portfolio – Allocation Update