Super Retail Group Limited (SUL) is the owner of four brands: Supercheap Auto, rebel, BCF and Macpac. These brands have positions in growing high-involvement lifestyle categories of auto, sports and outdoor leisure. SUL provides customers and nine million active loyalty club members with the option to experience brands whenever and however they choose – whether that’s through the network of 716 stores or via digital capabilities
ASX near record. Materials surge, Lithium continues rally. Stokes looks to buy remaining BLD. A2M jumps on results
XJO drops nearly 1%. DOW, WES & SVW all rally on strong earnings. GNC hit on last years numbers
Trim Sell Silver (ETPMAG) US Inflation numbers overnight were higher than expected. Silver does not do well in a higher interest rate environment, so time to trim the ETPMAG position
XJO hovers around 7600. MQG, CSL lower on earnings. CGF, JBH & AD8 boosted by earnings
PeopleIN Limited (PPE) were the provision of staffing, business services and operational services. Services provided by the Group include workforce management, recruiting, onboarding, contracting, rostering, timesheet management, payroll, and workplace health and safety management.
XJO slightly higher. Healthcare and Telecoms rally. Uranium stocks weaker, Lithium rallies
The S&P 500 finished little changed on Thursday after briefly topping the 5,000 milestone for the first time on record.
The broad-based index edged up 0.06% to finish at 4,997.91 after reaching a high of 5,000.40 heading into the close. The Dow Jones Industrial Average rose 48.97 points, or 0.13%, to end at 38,726.33, while the Nasdaq Composite gained 0.24% to close at 15,793.71.
Traders Thoughts: Fireside with Barry Sternlicht, Chairman & CEO, Starwood Capital Group
XJO climbs higher. Financials, REITs and IT lead the way. CSL and AGL both jump on outlooks
Traders Thoughts: Luke maintains his view that ultimately the central banks will print. The path in between is the hard part to navigate
GNC has gone parabolic. Time to trim – take profits on position. Reduce allocation by 1.5% down from 5.5% to 4%
