Eagers Automotive Ltd Stock Forum

Car dealer $Eagers Automotive Ltd (APE.AU)$ was the latest and warned about “softness” in Sydney.
That to me was definitely an eye opener because if Sydney siders are feeling the squeeze then every other capital city can’t be too far behind.
I maintain my AVOID on consumer discretionary stocks – I just see no reason to be in the sector.
You’ll have opportunities galore down the track.

• Top gainers: $Webjet Ltd (WEB.AU)$, $Technology One Ltd (TNE.AU)$, $GQG Partners Inc (GQG.AU)$
• Top losers: $Eagers Automotive Ltd (APE.AU)$, $Genesis Energy Ltd (GNE.AU)$, $Life360 Inc (360.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed less than 0.1% lower at 7848.1, giving back early gains after hawkish interest-rate comments from neighboring New Zealand's central bank. The benchmark index was 0.4% higher but fell away after...

May 22, 2024 - On Wednesday, shares of Australia’s largest car dealership group $Eagers Automotive Ltd (APE.AU)$ plunged by 13.54% following its warning that profits for 2024H1 are anticipated to be 15 per cent lower compared to the previous year.
According to the announcement, the total revenue of $Eagers Automotive Ltd (APE.AU)$ is up 18.3% for the first four months in 2024, and they are well on track to deliver over A$11 billion...

Here are the levels to watch after the dip. Consolidating at 1.28 support for now.
Larger Image: tradingview.com...
$Eagers Automotive Ltd (APE.AU)$

G'day, mooers! Check out the latest news on today's stock market!
• S&P 500 retreats from record high
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Wall Street Summary
On Wednesday, the US stock market experienced mixed results as some tech giants saw their stocks retreat, causing the $S&P 500 Index (.SPX.US)$'s record-setting run to pause.
The S&P 500 index decreased by about 0.2%, while the $Dow Jones Industrial Average (.DJI.US)$ rose by 0...

• Top gainers: $Yancoal Australia Ltd (YAL.AU)$, $Whitehaven Coal Ltd (WHC.AU)$, $Champion Iron Ltd (CIA.AU)$
• Top losers: $Bapcor Ltd (BAP.AU)$, $BWP Trust (BWP.AU)$, $Insurance Australia Group Ltd (IAG.AU)$
$S&P/ASX 200 (.XJO.AU)$ ended 0.5% higher at 7627.8 in the first trading session of 2024, edging toward its record close set in August 2021. All sectors except property trusts finished the day in the green.
Energy was the best-perfor...

G'day, mooers! Check out the latest news on today's stock market!
• Wall Street shut
• ASX flat in first trading session of 2024
- Moomoo News AU
Wall Street Summary
Over on Wall Street, the rally that pushed the $S&P/ASX 200 (.XJO.AU)$ within just a few points for resetting its record in the last week of 2023, finished off the year, out of momentum. Wall Street was closed on Monday, New Year's Day.
AU Market Watch
Austra...

• Top gainers: $Mercury NZ Ltd (MCY.AU)$, $Meridian Energy Ltd (MEZ.AU)$, $Champion Iron Ltd (CIA.AU)$
• Top losers: $Zimplats Holdings Ltd (ZIM.AU)$, $Paladin Energy Ltd (PDN.AU)$, $IDP Education Ltd (IEL.AU)$
$S&P/ASX 200 (.XJO.AU)$ closed 0.7% higher at 7614.3, driven by broad-based strength across the benchmark index. Most sectors finished in the green in the second-last session of 2023, led by technology, consumer-di...

G'day, mooers! Check out the latest news on today's stock market!
• Top gainers: $Ebos Group Ltd (EBO.AU)$, $Coronado Global Resources Inc (CRN.AU)$, $Bapcor Ltd (BAP.AU)$
• Top losers: $Novonix (NVX.AU)$, $APM Human Services International Pty (APM.AU)$, $Eagers Automotive Ltd (APE.AU)$
- moomoo News AU
A tech rout pushed the ASX lower on Wednesday, ahead of key US inflation data expected later tonight.
The $S&P 500 Index (.SPX.US)$ closed 53...