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The Good Morning Report

Posted on January 16, 2023

The latest market news, commentary and strategy by Adrian Rowney 

5 Things that Grabbed my Attention

1.The Bank of Japan (BOJ) has digitally printed $150bn over the past few weeks to support its bond market....going to end in tears.

2. Thanks to weaker OIL prices we are seeing a pullback in inflation in many parts of the world...but just like in the 70's, inflation will go in waves - so don't be fooled into believing things will revert back to normal and stay there,  because its WON'T.....I predict an era of STAGFLATION.

3. Elon Musk tweeted the “S” in ESG stands for SATANIC….By that logic - I wonder if the 28,000 Christians that just moved their Super to Australian Ethical (heavy promoter of ESG investing) actually understand they may have signed their money over to the DEVIL?!?.....As I have highlighted from the start:  ESG is PURE EVIL.

4. Violence in PERU continues...Glencore was forced to shut its giant Antapaccay copper mine and evacuate its workers after cars were burnt and dongers were hit...GOT COPPER?

5.  YanCoal (YAL) is going to announce a whopping dividend when it reports next month. Could be over $1.50 per share! BUY last sale $6.28

ASX Market Update

ASX 200 up 60 points to 7388

Super Retail (SUL) rallied 7.6% after posting a very impressive trading update. I am surprised at how strong retail sales have been considering we are being hit with rising interest rates and negative real wages....Anyway - Aussies have been going nuts in shops; question is - how long will the party last? Buying SUL close to a record high is not something I am recommending.

Random Observation

This is HUGE...the squeeze must be getting close!

What I find remarkable is just how few people are aware of the SILVER shortage. This very important nugget of information has only 5,408 views.....RISK/REWARD on SILVER is SENSATIONAL - this setup has been in the making for 40 years; we won't get another one like it.

The Day Ahead

  • Our SPI is down 18 points
  • Bitcoin up 0.5% to $21,061

Movements affecting our resource stocks today (USD)

  • BHP in the US - SHUT
  • Gold down 0.18% to $19.18
  • Paper Silver up 0.32% to $24.45
  • Copper down 1.8% to $4.14
  • Brent Crude down 1.2% to $84.24
  • $A buys 69.52 US cents

Asian Market Update

China up 1.5%, Hong Kong FLAT and Japan dipped 1.14%

 

While SILVER and PLATINUM offer the BEST RISK/REWARD....10 year Japanese government bonds (JGBs) @ a yield of 0.5% offers the WORST RISK/REWARD. Check out how precarious the Japan's financial situation is;

Global Market Update

US Market

NYSE is SHUT for MLK Jr day.

Wonder what Marty would think of this statue that has just been made in his honor in Boston?.....What is that!??!!

European Markets

FTSE up 0.2%, DAX up 0.31% and CAC put on 0.28%

The World Economic Forum (WEF) in the Swiss ski town of DAVOS is kicking off....This year the ELITES that run the world, need an army of 5000 men to guard over them.

Key Market Summary

General Advice Warning
The information provided in this post is general information only. Unless otherwise stated the information is not designed for the purpose of providing personal, financial or investment advice. Any examples are presented for illustration purposes and past performance is not a reliable indicator of future performance. The information provided does not take into account your particular investment objectives, financial situation or investment needs.

Without limiting the generality of the above paragraph no person, persons or organisation should invest monies or take action on the reliance of the material contained in this post, but instead should satisfy themselves independently (whether by expert advice or otherwise) of the appropriateness of any such action. Unless otherwise stated the information presented is not a recommendation to invest in any investments, securities or financial products.

This service, like all other financial services, is subject to market forces and unpredictable events that may adversely affect its future performance. Whilst all care has been taken in compiling information in this post, and is provided in good faith, it is not to be relied upon as a substitute for professional advice. The views expressed are commentary only and the writer accepts no responsibility for the accuracy, completeness or timeliness of the information.

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Stephen Hall
Stephen Hall
September 21, 2023.
Tracy & Adrian's knowledge/experience with financial markets, greater global & domestic political/economic impacts & individual companies/stocks is not just unique & refreshing, but also gives great peace of mind. Having a team this capable taking care of your hard earned to help avoid knowable negative impacts, and/or take advantage of opportunities well ahead of time is like nothing I've experienced before. Could not recommend highly enough. Subscribe to Adrian's newsletter too if you want a no B.S. commentary that is unlike the sanitised drivel coming from mainstream financial reporting.
jeff allott
jeff allott
June 22, 2023.
Sound knowledgeable and friendly service with advise tailored to my requirements
Natalie Gaby
Natalie Gaby
January 12, 2023.
I highly recommend Super Equity to anyone needing assistance or guidance with their Super. Tracy was very thorough and clearly explained how Super works and why she made particular recommendations for us. Her (and the team's) customer service is outstanding with being very personalised, and we look forward to a long working relationship with them.
Charlie Gimblett
Charlie Gimblett
August 8, 2022.
A huge thanks To Tracy And Adrian from Super Equity for sharing their knowledge on the recent Introduction To The Stock market Course I attended. The course was fabulous and gave a great insight on how the world operates from Share Markets, to Economic Cycles, World Currencies and great tips on how to look for opportunities on how and where to invest based on local news and world events along with overseas markets and indicators. Also thanks again Adrian for the Silver coin for 1st prize as part of the demo share market game we played over the duration of the course. Would thoroughly recommend the Stock Market course as well Tracy and Adrian's knowledge on our own investments. Cheers Charlie
Leigh P
Leigh P
April 29, 2022.
Tracy has been a pleasure to deal with. Found her very approachable and patient. She is very knowledgeable in super funds and I would highly recommend her to anyone who needs more education on how to make their super work for them.
Lena Diez
Lena Diez
February 25, 2022.
My husband and I have had the privilege of receiving the guidance, services and support from Tracy for over 5 years. Having joined Super Equity has been one of the best financial decisions we have made to date. Tracy's extensive experience and knowledge has guided and helped us improve in our financial journey. No question is to silly, Tracy is always available for any query you have and gives us the time to explain our portfolio and investments. Receiving the daily morning reports has been helpful to understand and learn the market. We have always highly recommended and will not hesitate to recommend Tracy and team for any and all financial guidance. Thank you Tracy and look forward to your continual support.
Tessa Daal
Tessa Daal
October 13, 2016.
Tracy has been an amazing teacher. I have gone from having no idea about what my super was doing and feeling really overwhelmed by the thought of all that it involved, to now being in control and understanding. Through super equity's I have a transparent, easy to understand managed fund. Tracy has even put me into contact with advisors specialised in life insurance and income protection. I cannot thank Tracy enough for empowering me and helping me organise all my affairs. If you need someone patient an knowledgeable to organise your super and investment portfolio, Tracy is the best!!
Dianne Bentley
Dianne Bentley
July 8, 2016.
The service and support received from Super Equity has reached and surpassed all our expectations. Having previous experience with stock brokering firms over an 11 year period has highlighted to me how superior the service and support received from Tracy Askew at Super Equity is. For myself and for my clients. Tracy's in depth fundamental and technical knowledge in all areas of the market reduces many hours of my time in the research needed to be successful and profitable for myself and my clients.