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 23 November

Grady Wulff
November 23, 2022

Closing Bell 22 November

Grady Wulff
November 22, 2022

Morning Bell 22 November

Sophia Mavridis
November 22, 2022

Closing Bell 21 November

Grady Wulff
November 21, 2022

Morning Bell 21 November

Grady Wulff
November 21, 2022

Weekly Wrap 18 November

Sophia Mavridis
November 18, 2022

Morning Bell 18 November

Sophia Mavridis
November 18, 2022

Closing Bell 17 November

Sophia Mavridis
November 17, 2022

Morning Bell 17 November

Grady Wulff
November 17, 2022

Closing Bell 16 November

Grady Wulff
November 16, 2022

Morning Bell 16 November

Grady Wulff
November 16, 2022

Closing Bell 15 November

Grady Wulff
November 15, 2022