Skip to main content

Morning Bell 15 March

Jessica Amir
March 15, 2021

The futures are suggesting a flat start to the week – as Australian bond yields rose back to two-year highs again. So this week, we’ll likely see companies with higher debt like tech stocks sold down, and investors continuing to back banks, and airlines.

What to watch today:

  • RBA Governor’s speech
  • New home sales data out at 11:30am. That will keep building companies on the pulse – like CSR (ASX:CSR), Boral (ASX:BLD) and Brickworks (ASX:BKW).
  • China’s industrial production data for Feb. Keep an eye on rare earths stocks like Lynas (ASX:LYC), Vital Metals (ASX:VML), Northern Minerals (ASX:NTU) and RareX (ASX:REE).
  • S&P/ASX 200 and 300 changes for 22 March announced on Friday. Why is this important? Stocks added to the indices will now be compulsorily acquired by ETF providers and those that were removed will be sold.
  • Keep a watch on iron ore stocks as the iron ore fines price, the most traded, fell almost 2% taking iron ore to a 15-day low. With China cracking down on steel production to cut pollution.

Trading ideas:

  • Bell Potter reiterated Cyclopharm (ASX:CYC) as a Buy with a $3.79 target. CYC will be added to the All Ordinaries (the top 500) index.
  • Noxopharm (ASX:NOX), Ava Risk Group (ASX:AVA) and Navigator Global Investment (ASX:NGI) are all giving off bullish charting signals according to Trading Central.

Morning Bell 25 September

Grady Wulff
September 25, 2023

Morning Bell 22 September

Sam Kanaan
September 22, 2023

Morning Bell 21 September

Sophia Mavridis
September 21, 2023

Morning Bell 20 September

Sam Kanaan
September 20, 2023

Morning Bell 19 September

Sophia Mavridis
September 19, 2023

Morning Bell 18 September

Sam Kanaan
September 18, 2023

Weekly Wrap 15 September

Grady Wulff
September 15, 2023

Morning Bell 15 September

Sam Kanaan
September 15, 2023

Morning Bell 14 September

Grady Wulff
September 14, 2023

Morning Bell 13 September

Grady Wulff
September 13, 2023

Morning Bell 12 September

Sam Kanaan
September 12, 2023

Morning Bell 11 September

Grady Wulff
September 11, 2023