Retail Stocks

[KW]

DId it all go to Retail? ......

https://www.nzherald.co.nz/nz/winston-peters-what-happened-to-the-14-billion-covid-recovery-money/K4TWPEB75JASBFOFY3SNI2BUJI/

Mahuta's mates.  And Stuff.

[KW]

I can hear Basil breathing a sigh of relief  ....

"Australian retail sales rose 1.9 per cent in January, from December, beating forecasts of a gain of 1.5 per cent, data from the Australian Bureau of Statistics (ABS) showed.
This follows a 4 per cent fall in December. The figure was revised from a drop of 3.9 per cent initially reported."

[Waltzing]

"Harvey Norman NZ saes down 12% in December quarter"

yep...  maybe just HN thing.. someone else had better sales discounts.

a very good indian investor analyst thinks SP 500 down 20 percent over the next 24 months...

Cripes...

[winner (n)]

I can hear Basil breathing a sigh of relief  ....

"Australian retail sales rose 1.9 per cent in January, from December, beating forecasts of a gain of 1.5 per cent, data from the Australian Bureau of Statistics (ABS) showed.
This follows a 4 per cent fall in December. The figure was revised from a drop of 3.9 per cent initially reported."

And punters are loving buying new clothes .....must look nice eh

From that ABS stuff
Clothing, footwear and personal accessory retailing rose 6.5% ($181.0m) in January, in seasonally adjusted terms.

And I reckon the momentum will continue through winter

[Waltzing]

China manufacturing index out its outpacing pre  bug levels.

Indicators are for a glut of product by year end.

Some discussion of disinflationary pressure building for 2024.

These SP handles this year could be bargain lows and the rest of the decade is as DR S has said. A New bull market as in 2013 to 2020.

[winner (n)]

Tony Alexander says -

Consumes back into their shells

My second survey this year of people's spending intentions for the coming 3-6 months has revealed a fresh retreat. A net 37% of people plan cutting spending (except on groceries) from 30% last month. The result may be biased downward by the continuing strong focus on devastation from the recent flooding events and implications for people's lives and locations. Nonetheless, prospects for retailers remain poor. But there is still clearly a "revenge travel" factor in play for heading offshore, whereas domestic travelling intentions have reached a record low.

https://www.tonyalexander.nz/wp-content/uploads/TV-Spending-Plans-Survey-March-2023.pdf

[Whome]

Winner, I presume a good portion of that 37% are homeowners with a mortgage due for renewal this year, and who have a young family that have to be fed no matter what. I feel for those people. Food and groceries have to be the priority. Clothing needs can be stretched out a bit.

[winner (n)]

Retail Watch sales data for February out

Feb sales 6% up Feb last year and year to Feb +7% v pcp

Just as well for hospitality, fun and travel stuff otherwise a lot of red numbers - and thats in $ terms and not 'volume'

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[Waltzing]

Top retailers.

https://www.nzherald.co.nz/business/appliance-shops-big-winners-in-consumer-group-peoples-choice-awards/TX2CRCBAANDKLIUWG3CCPEG55M/

[Waltzing]

Everyone travelling Winner()... wonder what AUS travel is.

AUS travel stocks are up.

WHS got a  shellacking..

[Waltzing]

Hey Winner()  MS office Word opens and converts PDF documents into the Word VBA model.

Now this may sound a little bit abstract but CHAT AI does have a future but not being your best buddy which we can see doesnt not work.

But CHAT AI base source code is being moved into Office.

Potential here there will be a case where financial statement documents once converted into VBA Word object structures can be fed to OPEN AI for stats processing.

There is something to be explored here .

For example we are going to try this for Dividend statements with VBA WORD,

We already process the very very basic OMC files turning them into full trial balances that are perfectly balanced..

when you trading volume your back ends need to be fully automated.
 

[Waltzing]

Come on Winner() its all about retail and the detail...

https://www.nzherald.co.nz/business/gdp-data-expected-to-show-economy-in-reverse/2TULEGCPYBGQBK3UXVNVEJAVCY/

https://www.youtube.com/watch?v=U3KaI5QYPjE

[KW]

Aussie, but good for NZ stocks with Aussie market

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[Basil]

Clothing and soft goods up a whopping 41.4% on pre-pandemic level's of February 2020.
WOW, aren't we supposed to be in a recession 
Glassons Au must be trucking along very nicely indeed.  No wonder they are concentrating their capex on expansion of that division.

[Waltzing]

Interesting that these big retailers dont know what in their stock control in store ..

https://www.cnbc.com/2023/04/22/how-ai-powered-robots-are-changing-retail.html

looks like there is a delay in whats in store and whats in the warehouses.

turns out Chocolate and lipstick stocks were defensive in the US... well who would have thought....

next time... buy that hershey bar...