Skip to main content

Morning Bell 16 April

Jessica Amir
April 16, 2021

US stocks smashed records this morning. The Dow Jones closed over 34,000 points for the first time. The S&P500 was up 1.1% to another new record, while the Nasdaq lifted 1.3%, setting a new record high.

What to watch today:

  • The Aussie market is breathing down the neck of an all-time high – we’re 1.5% away.
  • Afterpay (ASX:APT) is seeing buy orders lining up. Zip (ASX:Z1P) shares are also likely to lift based off early buying, staging it for a rebound following its $400m capital raising.
  • Iron ore giant, Fortescue Metals (ASX:FMG) is moving into the hydrogen sector, building a green-steel plant in Brazil, which will help FMG become carbon neutral by 2030.  So keep an eye on other hydrogen stocks like HZR, QEM, PRL
  • The iron ore price has risen back to a 9.5 year high. Keep an eye on Mineral Resources (ASX:MIN).
  • The most traded stocks from yesterday. For our active trader desk, Bell Direct Advantage they were Magnetite Mines (ASX:MGT) and Volt Resources (ASX:VRC).

Trading ideas:

  • Plenti Group Limited (ASX:PLT) was initiated as a Bell Potter Buy.
  • Access Innovation (ASX:AIM) was re-stamped as Bell Potter Buy. Bell Potter expects AIM shares to jump 47% to $1.35 in a year.
  • Sandfire Resources (ASX:SFR), Redbubble (ASX:RBL) and Calix (ASX:CXL) are all giving off bullish charting signals according to Trading Central.

Morning Bell 9 May

Sophia Mavridis
May 9, 2023

Morning Bell 8 May

Grady Wulff
May 8, 2023

Weekly Wrap 5 May

Sophia Mavridis
May 5, 2023

Morning Bell 4 May

Grady Wulff
May 4, 2023

Morning Bell 3 May

Sophia Mavridis
May 3, 2023

Morning Bell 2 May

Sophia Mavridis
May 2, 2023

Morning Bell 1 May

Sophia Mavridis
May 1, 2023

Weekly Wrap 28 April

Sophia Mavridis
April 28, 2023

Morning Bell 28 April

Sophia Mavridis
April 28, 2023

Morning Bell 27 April

Grady Wulff
April 27, 2023

Morning Bell 26 April

Grady Wulff
April 26, 2023

Morning Bell 24 April

Grady Wulff
April 24, 2023