Skip to main content

Latest stock market podcasts

Morning Bell 24 March

Bell Direct
March 24, 2021

Given the pullback overseas, the Aussie market is likely to see a pull back, but the futures are suggesting a flat open at this stage.

 

What to watch today:

  1. Airlines, travel and tourism stocks are expected to retreat from their buoyed levels. But keep in mind, Australia is in a different situation to overseas. Plus our government is offering half price airlines to some Aussie regions. This supports our services sector.
  2. Moving to commodities – expect scattered showers in some stocks today especially oil stocks.
  3. Iron ore fines (the most traded iron ore) rebounded 3.1% to US$162 and the iron ore futures are up 0.5% suggesting iron ore prices are attempting to lift further
  4. Palladium rose 1% overnight – so keep an eye on Chalice (ASX:CHN), DevEx (ASX:DEV) and Linton Resources (ASX:LTR)
  5. Keep an eye on some of the most traded stocks from yesterday for our active trader desk, Bell Direct Advantage they were: Airtasker (ASX:ART) which rose 61% from its IPO price of $0.60, QEM (ASX:QEM) which rose over 6.5% and 88 Energy (ASX:88E) was the third most traded stock, falling 10%.

 

Trading ideas:

  • Citi reiterated Afterpay (ASX:APT) as high risk but, but downgraded its price target to $21. Citi expects the stock will be pressured over the next 3-6 months, expecting consumer discretionary to pull back from its high. Át the same time, Morgan Stanley recently reiterated APT as a Buy with a $159 target.
  • Bell Potter initiated coverage of Imricor Medical Systems (ASX:IMR) as a Speculative Buy with a $2.85 target.
  • Hearts and Minds Investments (ASX:HM1), Cettire (ASX:CTT) and Fortescue Metals (ASX:FMG) are all giving off bullish charting signals according to Trading Central.

Morning Bell 7 April

Bell Direct
April 7, 2020

Morning Bell 6 April

Bell Direct
April 6, 2020

Weekly Wrap 3 April

Bell Direct
April 3, 2020

Market Update 2 April

Bell Direct
April 2, 2020

Market Update 1 April

Bell Direct
April 1, 2020

March Market Overview

Bell Direct
March 31, 2020

Market Update 31 March

Bell Direct
March 31, 2020

Weekly Wrap 27 March

Bell Direct
March 27, 2020

Morning Bell 24 March

Bell Direct
March 24, 2020

Morning Bell 23 March

Bell Direct
March 23, 2020

Market Update 20 March

Bell Direct
March 20, 2020