Shesa's Investment Blog

TIME:   SATURDAY, AUGUST 25, 2.30-4 PM.   Please come on time. VENUE: Wellness By All Means,  5500 Stewart Ave, FREMONT, California 94538. AGENDA: Current Stock Market situations, economy, Stocks, Real Estate etc. We will also discuss on any questions that you may have on any specific Stock, ETF. NOTE: We will have “Samosa" and “Chai" as usual. Thanks to Satheesh and Amiya for volunteering to bring chai and samosa for this investment meet. Update on GERN: Geron Corporation (GERN) which I wrote in my this month's Blog is up 30% as I write this and trading at $5.23 in anticipation of JNJ deal, which I wrote in details in my BLOG. If you have not read yet, I strongly suggest that you do. Today, I took a very small profit today but will keep accumulating, if it comes down. I feel GERN has a great potential.

AUGUST 2018 - INVESTMENT BLOG By Shesa Nayak U.S. Stock Market Update : Q2 earnings season will be concluded in next couple of weeks. Corporate earnings have been nothing less than spectacular. Thus far, 91% of the S&P 500 companies have reported their earnings. Out of which, 79% companies reported positive earnings surprise and 72% companies have reported positive sales surprises. The U.S. Economy remains strong. Second quarter U.S GDP grew 4.1%, a fastest pace in four years. A few weeks ago, president Trump said, “ We are on track to hit the highest annual growth rate in over 13 years”. Time will tell whether we are on tack or not! But Trade war continues and will continue for a foreseeable future. President Trump has recently threatened to impose a new round of tariff on $200 billions of Chinese products unless China changes its intellectual property practices. Obviously, China may try to defend its pride and retaliate by imposing new...