Skip to main content

Morning Bell 2 October

Jessica Amir
October 2, 2020

The Aussie share market is eyeing a fall of 0.5% at the open.

For the first day of October in the U.S. it was a bumpy one, with equities briefly dipping into the red after a U.S. stimulus vote was delayed to next Thursday, with traders hoping it would be done sooner.

What to watch today:

  • On the economic side, retail sales are out today and are expected to fall 4.2%.
  • The oil price has fallen 4% to US$38.
  • Gold rebounded, lifting 0.9% to US$1,912.
  • The iron ore price lifted 2%.

Trading ideas:

  • Alumina (ASX:AWC) was upgraded by Citi as a buy with a new $1.80 target.
  • SSR Mining (ASX:SSR) was initiated as a UBS buy with a $33 target, following its merger with Alacer.
  • Sezzle (ASX:SZL), Netwealth (ASX:NWL) and Paradigm Biopharmaceuticals (ASX:PAR) are all showing bullish charting signals according to Trading Central.

Closing Bell 18 January

Grady Wulff
January 18, 2023

Morning Bell 18 January

Grady Wulff
January 18, 2023

Closing Bell 17 January

Grady Wulff
January 17, 2023

Morning Bell 17 January

Sophia Mavridis
January 17, 2023

Closing Bell 16 January

Grady Wulff
January 16, 2023

Morning Bell 16 January

Grady Wulff
January 16, 2023

Thank you and see you in 2023

Grady Wulff
December 20, 2022

Weekly Wrap 16 December

Grady Wulff
December 16, 2022

Morning Bell 16 December

Bell Direct
December 16, 2022

Closing Bell 15 December

Grady Wulff
December 15, 2022

Morning Bell 15 December

Grady Wulff
December 15, 2022

Closing Bell 14 December

Grady Wulff
December 14, 2022