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 23 September

Paulina Peters
September 23, 2021

Morning Bell 22 September

Jessica Amir
September 22, 2021

Morning Bell 21 September

Jessica Amir
September 21, 2021

Morning Bell 20 September

Jessica Amir
September 20, 2021

Weekly Wrap 17 September

Jessica Amir
September 17, 2021

Morning Bell 17 September

Paulina Peters
September 17, 2021

Morning Bell 16 September

Jessica Amir
September 16, 2021

Morning Bell 15 September

Jessica Amir
September 15, 2021

Morning Bell 14 September

Sophia Mavridis
September 14, 2021

Morning Bell 13 September

Jessica Amir
September 13, 2021

Weekly Wrap 10 September

Jessica Amir
September 10, 2021

Morning Bell 10 September

Sophia Mavridis
September 10, 2021