Closing Bell 21st February: ASX declines. Woolworths falls as CEO steps down
ASX declines. Woolworths falls as CEO steps down. CTD falls 18%. WTC rises 9%
Closing Bell 20th February: XJO lower. SGR falls on regulatory inquiry. SUN jumps after ANZ takeover allowed
XJO lower. SGR falls on regulatory inquiry. SUN jumps after ANZ takeover allowed
Pre-Market Pulse 20th February – SPI futures flat, US Markets closed. BHP Increases dividend despite lower profits
SPI futures flat, US Markets closed. BHP Increases dividend despite lower profits
Alpha Recommendation: Buy – Super Retail Group (SUL)
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
Closing Bell 19th February: ASX near record. Materials surge, Lithium continues rally
ASX near record. Materials surge, Lithium continues rally. Stokes looks to buy remaining BLD. A2M jumps on results
Closing Bell 14th February: XJO drops 1%. SVW and DOW higher on results
XJO drops nearly 1%. DOW, WES & SVW all rally on strong earnings. GNC hit on last years numbers
Balanced Portfolio Recommendation: Trim Sell Silver (ETPMAG)
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
Closing Bell 13th February: XJO hovers around 7600. MQG, CSL lower on earnings
XJO hovers around 7600. MQG, CSL lower on earnings. CGF, JBH & AD8 boosted by earnings
Alpha Recommendation: Buy – PeopleIn (PPE)
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.
Closing Bell 9th February: XJO slightly higher. Healthcare and Telecoms rally
XJO slightly higher. Healthcare and Telecoms rally. Uranium stocks weaker, Lithium rallies
Pre-Market Pulse 9th February – S&P500 touches 5000 and closes just under
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: 9th February – Fireside with Barry Sternlicht
Traders Thoughts: Fireside with Barry Sternlicht, Chairman & CEO, Starwood Capital Group