Skip to main content

Latest stock market podcasts

Morning Bell 29 September

Jessica Amir
September 29, 2021

The US 10-year bond yield continued to climb overnight, hitting 1.5%, its highest level since June. As a result, an interest rate sell off was reignited.

 

The Aussie share market is set to open lower, with the futures suggesting a fall of 1.1%.

 

What to watch today:

  • Keep an eye on retail stocks, after data released yesterday saw retail sales in August fell 1.7%. In addition, the Federal Government announced it will stop the $750 per week payments, once the country reaches 80% double dose vaccinations.
  • Also keep a look out for long-term potential buying opportunities in clean energy and lithium stocks, as the NSW Government has committed to reducing emissions by 50% by 2030.
  • The oil price fell 0.2% overnight to US$75.29, nearing October 2018 levels, amid restricted supply. Meanwhile, the coal price rose to a brand new record high overnight, taking its monthly gain to 20%. This is again amid tighter supply as China cut back on coal production in a bid to be carbon neutral by 2060.
  • There are over 40 listed stocks and ETFs going ex-dividend today, transferring dividend rights to shareholders, which often causes shares to fall amid profit taking. Companies going ex-dividend today include: TPG Telcom (ASX:TPG), Centuria Industrial REIT (ASX:CIP), and Charter Hall (ASX:CLW), as well as ETFs including the ASX200 ETF (ASX:STW) and fixed income ETFs Australian Bond (ASX:BOND) and Australian Government Bond (ASX:GOVT).

 

Trading Ideas:

  • Bell Potter have increased its price target on oil producer Beach Energy, (ASX:BPT) from $1.60 to $1.62, implying 19% share price growth in a year. Yesterday BPT upgraded its production by 13%, and Bell Potter believes the company has a strong, fully funded energy production growth outlook, while production growth is diversified across five energy basins and four separate gas markets, including global LNG trade.
  • Bullish charting signals have been seen in Aeris Resources (ASX:AIS), Gale Pacific (ASX:GAP), and Ambertech (ASX:AMO), according to Trading Central

Weekly Wrap 4 September

Bell Direct
September 4, 2020

Morning Bell 4 September

Bell Direct
September 4, 2020

Morning Bell 3 September

Bell Direct
September 3, 2020

Morning Bell 2 September

Bell Direct
September 2, 2020

Morning Bell 1 September

Bell Direct
September 1, 2020

Morning Bell 31 August

Bell Direct
August 31, 2020

Weekly Wrap 28 August

Bell Direct
August 28, 2020

Morning Bell 28 August

Bell Direct
August 28, 2020

Morning Bell 27 August

Bell Direct
August 27, 2020

Morning Bell 26 August

Bell Direct
August 27, 2020

Morning Bell 25 August

Bell Direct
August 25, 2020