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The Good Morning Report

Posted on March 29, 2023

The latest market news, commentary and strategy by Adrian Rowney 

5 Things that Grabbed my Attention

1. Lithium giant Albemarle lobbed a $5.5bn takeover bid for Liontown Resources (LTR)....The move put a rocket under the entire sector.

2. Consider this - Lynas (LYC) a globally strategic and significant miner of rare earths has a market cap of $5.9bn - just slightly more than what Albemarle is wanting to buy LTR for!.....I think LYC is set for a big run - maybe RIO TINTO, BHP or GLENCORE could make a bid @ $10+. BUY

3. Short sellers got absolutely smoked on LTR: An eye popping 195 million shares were short sold before the stock popped 68%

4. The ABS will release inflation data today @ 11:30 AEDT....Likely to come in around 7.1%.

5. NAB said they are seeing early signs of stress in its mortgage book....The GREAT RESET SQUEEZE is coming.

ASX Market Update

ASX 200 up 72 points to 7034

After the snooze fest on Monday we got an action packed Tuesday!!! Holy dooley!!!.....Albemarle basically got out in front of the global auto makers by lobbing a whopping $5.5bn bid for Liontown (LTR) which is currently constructing a lithium mine in WA - first production set for mid 2024. The takeover bid sent a stack of other lithium miners surging higher. CXO rallied 15%,  IGO put on 7% and PLS jumped 11%....We may get a short term breather after that huge session, but battery metal stocks are likely to trend higher from here.

Random Observation

BUY shares in cattle farmer, Australia Agriculture (AAC) and also COAL stocks as the GLOBALIST are going to ensure prices stay high as they stand in the way of new supply....

Hope you realize they want us weak and poor....How are people fooled by this nonsense? Co2 is the basis of all life on earth!! (fact check that until the cows come home)

The Day Ahead

  • Our SPI is down 31 points
  • Bitcoin down 2.8% to $27,083

Movements affecting our resource stocks today (USD)

  • BHP in the US up 2.13%
  • Gold up 1.1% to $1975
  • Paper Silver up 1.43% to $23.47
  • Platinum down 0.74% to $974
  • Copper FLAT @ $4.08
  • Brent Crude up 0.78% to $78.68
  • Iron ore up 1.9% to $122.85

Asian Market Update

Gobble Gobble....

And once it goes into China, the GOLD is not allowed out!....Not like us dumbos down under - we can't get it on the plane out of here fast enough.

Global Market Update

US Market

DOW down 83 points to 32,350 (30 minutes to go)

Bonds and stocks down while OIL, GOLD & SILVER up.....Just what we want!!

European Markets

Germans FLAT, Brits up 0.17% and Frenchies added 0.14%

This guy is at the complete opposite of the spectrum to me as he recommends a ZERO allocation to commodities....Good luck with your fuguzi fagazi financial hullabaloo Pauly!!

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
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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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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.
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