The Good Morning Report – 17th of May

May 17, 2024

Aussie unemployment rate kicked up to 4.1% from 3.9%….The market loved the negative economic data with the ASX 200 surging 127 points.

The Good Morning Report – 16th of May

May 16, 2024

Michael Bury (made famous from Big Short movie) has bought a position in a PHYSICALLY backed GOLD ETF….He’ll load up on SILVER next….then PLATINUM & PALLADIUM…watch!

The Good Morning Report – 15th of May

May 15, 2024

When delivering the Budget, Chalmers said he is going to turn Australia into a “renewable superpower”….That’s code for “I’m moving us into an era of STAGFLATION

The Good Morning Report – 14th of May

May 14, 2024

Roaring Kitty is back posting on twitter – meme stocks sky rocketed overnight: GameStop + 82% & AMC Entertainment +95%.

The Good Morning Report – 10th of May

May 10, 2024

Mercedes announced it is pivoting back to petrol cars as their move into EVs has been a loss making disaster.

The Good Morning Report – 9th of May

May 9, 2024

Nice 11% short covering rally in Chalice (CHN) yesterday….We’ll see the stock run really hard when the PLATINUM GROUP METALS (PGM) pop! BUY

The Good Morning Report – 8th of May

May 8, 2024

As widely expected the RBA kept interest rates on HOLD @ 4.35%…Looks like they are keen to keep pumping inflation and really soak up what’s left of the working poor.

The Good Morning Report – 7th of May

May 7, 2024

COPPER has rallied about 27% since November last year and is within striking distance of an all time high….China has been stockpiling – no flies on the Xi Man.

The Good Morning Report – 3rd May

May 3, 2024

NAB is still predicting the RBA is going to deliver a stack of rate cuts with the first starting in November. They target rates will fall from 4.35% to 3.1% during 2025….Careful out there – it is very likely to be a trap.

The Good Morning Report – 2nd of May

May 2, 2024

A big intra-day rally on Wall Street faded overnight….The old saying “Sell in May and go away” could play out.