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The Good Morning Report

Posted on January 24, 2023

The latest market news, commentary and strategy by Adrian Rowney 

5 Things that Grabbed my Attention

1. The situation in PERU has grown more violent.....PERU's SILVER production is going to take a hit as mines shut....Crazy overnight that on the back of this news the BULLION BANKS shorted the living daylights out of SILVER - it was down 5% at one stage before recovering a bit....We are on the verge of a major SILVER SHORTAGE which will send prices skyrocketing. 

2. RXM is sitting on one of Australia's largest undeveloped copper deposits; when copper prices properly takeoff so should this. SPECULATIVE BUY last sale $0.26....I could easily see RXM trade well north of $1; heck - during the last copper boom back in 2011 it hit $3.00!

3. Canada has now banned foreigners from buying residential property for the next two years.

4. The Winkelvoss twins crypto business filed for bankruptcy....they were running a SCAM from the start; transfer over your crypto to them and get 8% pa for doing nothing. YEAH RIGHT....Crypto world is still the equivalent of the WILD, WILD WEST.

5. Another 2,171 advisers resigned and dropped off the Financial Adviser Register (FAR) last year...The GOVERNMENT has seriously decimated our industry as they bury us under their ridiculously expensive compliance regime.

ASX Market Update

ASX 200 up 5 points to 7457

Not a whole lot of action on our market. We had a mixed bag in resources - lithium plays rallied again, while the iron ore miners dipped....Aussie Tech shares were well supported following on from the strong NASDAQ session; the XIJ (measure of our ASX TECH majors) put on 1.3%.

Random Observation

Got URANIUM???

The Day Ahead

  • Our SPI is up 4 points
  • Bitcoin up 0.2% to $22,841

Movements affecting our resource stocks today (USD)

  • BHP in the US down 0.12%
  • Gold up 0.2% to $1932
  • Paper Silver up down 1.7% to $23.52
  • Copper up 0.14% to $4.25
  • Brent Crude up 0.58% to $88.13
  • $A buys 70.27 US cents

Asian Market Update

China and Hong Kong SHUT, Japan up 1.13%

Hong Kong will be back trading on the 26th of Jan...

Global Market Update

US Market

DOW up 254 points to 33,629

Pfizer and Moderna are screwed - AVOID these shares....ELON has fully opened the information flood gates.

Thousands of Doctors and other health experts are now coming forward with the truth....Vaxx injured need to speak up - those responsible for your suffering need to be accountable....I stand by my call that MODERNA is going to ZERO. This is the greatest medical scandal in all of human history.

European Markets

FTSE up 0.18%, DAX added 0.46% and CAC put on 0.52%

Hard to know how VLAD is going to survive the brutal sanctions imposed on his country...LOL!!

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.

Super Equity Pty Ltd ACN 609 373 202 is a Corporate Authorised Representative 001238425 of ANDIKA Pty Ltd AFSL 297069. It should also be noted that references and hyperlinks to any third party information (including, but not limited to: news articles, blogs, reports, videos or other mediums of information) is not an endorsement of that party or product.

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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.
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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.
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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!!
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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.