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.

Morning Bell 5 December

Grady Wulff
December 5, 2022

Weekly Wrap 2 December

Sophia Mavridis
December 2, 2022

Morning Bell 2 December

Sophia Mavridis
December 2, 2022

Closing Bell 1 December

Sophia Mavridis
December 1, 2022

Morning Bell 1 December

Sophia Mavridis
December 1, 2022

Closing Bell 30 November

Sophia Mavridis
November 30, 2022

Morning Bell 30 November

Grady Wulff
November 30, 2022

Closing Bell 29 November

Sophia Mavridis
November 29, 2022

Morning Bell 29 November

Sophia Mavridis
November 29, 2022

Closing Bell 28 November

Grady Wulff
November 28, 2022

Morning Bell 28 November

Grady Wulff
November 28, 2022

Weekly Wrap 25 November

Grady Wulff
November 25, 2022