The Good Morning Report

The latest market news, commentary and strategy by Adrian Rowney 

5 Things that Grabbed my Attention

1. Inflation is pushing back up in the US: markets fell as a result....Western investors dumped METALS as well (refer to meme); Chinese, Indians and Arabs are loving it - falling supplies and prices rarely occur in tandem, so they will be taking full advantage until the vaults have been sucked dry....The ESTABLISHMENT want you to believe that GOLD, SILVER and PLATINUM are no longer an inflation hedge as the BULLION BANKS continue to blatantly manipulate prices via the SCAM paper futures market.

2.  Whitehaven (WHC) director Raymond Zage bought another 132,000 shares or $1 million worth.

3. There has been some serious carnage in fund managers over the past few years.....Magellan, Platinum Asset, Perpetual, AMP, Aust Etical, Insignia have all tanked....Whilst these stocks offer much better value now, I still see financials trading lower with the coming storm.  MAINTAIN AVOID ON FINANCIALS. 

4.  Westpac are now predicting the RBA will stop raising rates at 4.1%, so that's another 0.75% from here....I think WBC is dreaming - rates are going much higher than that: wait till energy prices skyrocket and central bankers have to start printing money again to fund government....Just like in the 70's we are going to see waves of inflation.

5. There is a stack of countries signing cross border trade deals that bypass the USD.....I'd be surprised if the USD is still the global reserve currency by 2030.

ASX Market Update

ASX 200 up 14 points to 7299

Mixed bag on Friday...Goldies were weaker again, Star Group (SGR) closed flat after coming out of a trading halt, while infrastructure and property plays mostly finished in the GREEN.

Random Observation

Can't happen soon enough...

 

These kind of videos used to get censored immediately on Twitter.

You tell me which side has been spreading misinformation.

The Day Ahead

Reporting today: YAL, TER, SFR, BWX, HLA, HIL, MGF

  • Our SPI is down 51 points
  • Bitcoin down 0.3% to $23,149 (Sunday morning price)

Movements affecting our resource stocks today (USD)

  • BHP in the US was down 3.8%
  • Gold down 0.5% to $1818
  • Paper Silver down 2.6% to $20.74
  • Copper down 2.5% to $3.95
  • Brent Crude up 1.3% to $83.84
  • $A down 1.2% to 67.25 US cents

Asian Market Update

Japan up 1.29%, China down 0.8% and HK fell 1.68%

Here is the shocking footage of the major coal mine disaster in China. I've watched it 10 times - it doesn't even look real, but it is...Being a miner in China is a super dangerous profession.

The price of coal has pushed higher since the incident.

Global Market Update

US Market

DOW down 336 points to 32,816

Another RED FLAG.... 

I made the grave mistake back in 2007 of trusting the ESTABLISHMENT when they said everything was fine....Never again will I believe anything from these pathological liars.

European Markets

DAX down 1.7%, FTSE off 0.37% and CAC fell 1.78%

Hey Adrian, where is the energy crisis in Europe? Putin is losing badly...The Germans don't need plentiful/reliable/cheap RUSSIAN GAS.

Ok - then this is nothing....

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.

TERRY CONWAY
TERRY CONWAY
July 9, 2024.
I've been receiving Tracy and Adrian's Good Morning Report for about 5 years now. Apart from it being my fav email to read each morning, it's given me good knowledge and tips leading to great investments. This proof in their expertise lead me to put my super with them 3 years ago and I'm pleased I did. Their easy going attitude and values align with me and they are a pleasure to deal with. Thanks Super Equity!
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.