Retail Sales Fall in December, page-9

Excellent earnings results published this week, very strong considering the state of retail sales that were published by the ABS.

A comment on TRS SP action, we may see another dip heading towards August and the full year earnings report, as a result of people within the market predicting failure. Have a look at the SP action around January 2012, conditions were similar back then as they are today. A dip in July could represent another excellent buying opportunity as long as the FY18 earnings report is strong!