1. Econ Advisory
February 26, | Cam Allan

2. Portfolio Performance
Portfolio Market Value $658,921.68

3. Portfolio Highlights
Nvida (NVDA) and Rockwell Collins Inc. (COL) sales per share are up 41% and 34% over the past year
3M (MMM) set to pay $850MM to settle Minnesota PFC lawsuit
Chevron Corp (CVX) downgraded from perform to underperform by RBC
Veeva Systems Inc. (VEEV) upgraded to overweight by MS
What To Watch For
Vevva Systems Inc. (VEEV) to announce earnings report on Tuesday, February 27
Salesforce.com Inc. (CRM) to announce earnings report on Wednesday, February 28

4. DJIA Performance
Source: Wall Street Journal Advanced Charting.

5. SPX Performance
Source: Wall Street Journal Advanced Charting.

6. Bitcoin Performance
Source: Wall Street Journal Advanced Charting.

7. Market Summary
US Stocks continue to recover from correction; tech stocks surge, rate fears subside
VIX down 57.7% to from on February 5
Despite correction, market outlook is still positive; note profitability across industries
Trump tax cuts yield $29B gain for Berkshire Hathaway in 2017
Multitude of companies distance themselves from the NRA (i.e. UAL and DAL)
Dropbox files for IPO on Friday; share sale could occur by March 19
Tech company worth more than $1B in revenue
However, 11M paying users out of 500M total

8. Micron Technology (NASDAQ: MU)
Source: Wall Street Journal Advanced Charting.

9. Applied Materials (NASDAQ: AMAT)
Source: Wall Street Journal Advanced Charting.

10. MU and AMAT Fundamentals
P/E
PEG
P/S
P/CF
S&P BMI Info Tech
31.20
N/A
4.21
18.77 MU
7.33
0.27
2.32
6.01
AMAT
15.90
0.83
3.88
15.64
Source: Bloomberg Terminal

11. Upcoming Events At Middlebury
GS Diversity Meet & Greet on February 27 at 6pm in Adirondack House
GS Firmwide Info Session on February 27 at 7:15pm in MBH 216
GS Women’s Breakfast on February 28 from 8:30 to 9:30am in Coltrane Lounge
GS Divisional 101 Chats with Alumni on February 28
MS Info Session on March 6 at 6pm in Atwater Dining Hall
Barclays Info Session on March 19 at 6:30pm in Hillcrest 103
Markets
Fed meeting on March 20-21