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Day: 2 May 2024

Starbucks Corp (SBUX)

Starbucks Corp (SBUX) shares dropped nearly 16% yesterday following their earnings release for fiscal Q2. Starbucks was already in the Unfavored zone of the SIA S&P 100 Index Report and fell 7 more spots yesterday to the 100th ranking out of 103 investments. Starbucks has been in the Unfavored zone since June of last year and is down around -25% during this time period. SIACharts’ RS rankings can help investors steer clear of earnings misses like Starbucks experienced yesterday.

Sprott Physical Uranium Trust (U.UN.TO)  & iShares S&P/TSX Completion Index ETF (XMD.TO)

In this edition of the Equity Leaders Weekly, we will examine Uranium by looking at the Sprott Physical Uranium Trust (U.UN.TO) as well as review the TSX Completion Index (by looking at the iShares S&P/TSX Completion Index ETF) which is essentially the TSX Composite Index minus the TSX 60 index reflecting more of a mid cap nature within the Canadian stock market.

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