Skip to main content

Morning Bell 14 May

Sophia Mavridis
May 14, 2021

Following US equities rise overnight, the Aussie share market is set to open higher, with the futures suggesting a rise of 0.67% or 7021 points.

What to watch:

  • Recce Pharmaceuticals (ASX:RCE) is set to report their 3Q21 Earnings today.
  • The Oil price dropped 3.51%. The decline comes after concerns around the demand from India, amid the current wave of COVID-19 infections, as well as the hacking of the Colonial Pipeline in the US.
  • The Gold price bounced off a one-week low, rising 0.62%, so keep an eye on Gold miners like Newcrest Mining (ASX:NCM) and Resolute Mining (ASX:RSG).
  • Copper is down 1.09% while Iron Ore plunged 2.9% after China cautioned on commodity prices.
  • The most traded stocks by Bell Direct clients yesterday were CSL (ASX:CSL), Telstra (ASX:TLS), and Australia and New Zealand Bank (ASX:ANZ). And for advised clients, the most traded stocks were Xero (ASX:XRO), BetaShares Active Australian Hybrids Fund (ASX:HBRD) and Vanguard Australian Shares Index ETF (ASX:VAS).

Trading ideas:

  • Bell Potter has reiterated their Buy recommendation on GrainCorp (ASX:GNC), maintaining a $6.20 price target. GrainCorp closed yesterday at $5.43, implying a 14.2% share price growth in the year.
  • Alliance Aviation Services (ASX:AQZ), Ava Risk Group (ASX:AVA) and People Infrastructure (ASX:PPE) are all giving off bullish charting signals according to Trading Central.

Morning Bell 23 September

Sophia Mavridis
September 23, 2022

Closing Bell 21 September

Grady Wulff
September 21, 2022

Morning Bell 21 September

Grady Wulff
September 21, 2022

Closing Bell 20 September

Grady Wulff
September 20, 2022

Morning Bell 20 September

Paulina Peters
September 20, 2022

Closing Bell 19 September

Grady Wulff
September 19, 2022

Morning Bell 19 September

Grady Wulff
September 19, 2022

Weekly Wrap 16 September

Grady Wulff
September 16, 2022

Morning Bell 16 September

Sophia Mavridis
September 16, 2022

Morning Bell 15 September

Sophia Mavridis
September 15, 2022

Closing Bell 14 September

Grady Wulff
September 14, 2022

Morning Bell 14 September

Grady Wulff
September 14, 2022