Skip to main content

Latest stock market podcasts

Morning Bell 21 May

Bell Direct
May 21, 2021

After a three-day losing streak, US equities made a comeback. Today, following the US, the Aussie share market is set to open higher, with the futures suggesting the market will rise 0.38% to 7,042 points.

 

What to watch:

  • New data from the ABS shows that the Australian economy is in a better than expected economic position post the pandemic, as the unemployment rate fell 5.5%.
  • Results of the Markit Manufacturing PMI and Australian Retail Sales will be released.
  • Qantas Airways (ASX:QAN) has announced two year wage freezes and that they’re offering redundancies to their international cabin crew. A few hundred jobs will be cut from Qantas’ international workforce in the hope of recovering from a $16 billion deficit caused my travel restrictions.
  • Adelaide Brighton Cement (ASX:ABC), Sydney Airport (ASX:SYD) and Dicker Data (ASX:DDR) hold their AGMs today.
  • The most traded stocks by Bell Direct clients yesterday were: Australia and New Zealand Bank (ASX:ANZ), Macquarie Group (ASX:MQG), and National Australia Bank (ASX:NAB).
  • The Oil price dropped again, it fell 2.24%. So keep an eye on energy producers such as Santos (ASX:STO). The fall comes as traders have been selling oil amid the news of the potential removal of Iranian sanctions on crude oil exports.
  • The Gold price rose 0.41%, Copper is down 1.12% and Iron Ore is down 0.38%.

 

Trading ideas:

  • Bell Potter has maintained its BUY recommendation on Australian Pharmaceutical Industries (ASX:API), following Pfizer’s decision to revert back to a wholesaler distribution model later this year, with an unchanged price target of $1.50.
  • Codan (ASX:CDA), Cash Converters International (ASX:CCV) and Shaver Shop Group (ASX:SSG) are all giving off bullish charting signals, according to Trading Central.

Morning Bell 14 December

Paulina Peters
December 14, 2021

Morning Bell 13 December

Sophia Mavridis
December 13, 2021

Weekly Wrap 10 December

Sophia Mavridis
December 10, 2021

Morning Bell 9 December

Paulina Peters
December 9, 2021

Morning Bell 8 December

Sophia Mavridis
December 8, 2021

Morning Bell 7 December

Paulina Peters
December 7, 2021

Morning Bell 6 December

Sophia Mavridis
December 6, 2021

Weekly Wrap 3 December

Sophia Mavridis
December 3, 2021

Morning Bell 2 November

Paulina Peters
December 2, 2021

Morning Bell 1 December

Sophia Mavridis
December 1, 2021

Morning Bell 30 November

Paulina Peters
November 30, 2021

Morning Bell 29 November

Sophia Mavridis
November 29, 2021