The latest market news, commentary and strategy by Adrian Rowney
![](https://smartcapitalists.org/wp-content/uploads/2024/06/The-Good-Morning-Report-–-29th-of-May.png)
5 Things that Grabbed my Attention
1. Downgrades keep coming on the ASX…Paul Warren Automotive (PWR) was the latest.
2. The recent surge higher in Chalice (CHN) shares has not been driven by short covering. Hedge funds are actually shorting more into the strength. Over 32 million shares are currently sold short….I like the setup! BUY
3. The ECB may actually CUT interest rates next week….Looks like they want to start pumping up inflation again which is good for metals….European economic data coming through must also be looking terrible.
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The post The Good Morning Report – 29th of May appeared first on SuperEquity.