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.

Weekly Wrap 7 August

Bell Direct
August 7, 2020

Morning Bell 7 August

Bell Direct
August 7, 2020

Morning Bell 6 August

Bell Direct
August 6, 2020

Morning Bell 5 August

Bell Direct
August 5, 2020

Morning Bell 4 August

Bell Direct
August 4, 2020

Morning Bell 3 August

Bell Direct
August 3, 2020

Monthly Wrap July 2020

Bell Direct
July 31, 2020

Morning Bell 31 July

Bell Direct
July 31, 2020

Morning Bell 30 July

Bell Direct
July 30, 2020

Morning Bell 29 July

Bell Direct
July 29, 2020

Morning Bell 28 July

Bell Direct
July 28, 2020

Morning Bell 27 July

Bell Direct
July 27, 2020