Skip to main content

Morning Bell 20 January

Jessica Amir
January 20, 2021

The ASX200 is eyeing a 0.2% lift at the open following the 1.2% gain yesterday.

US equities lifted higher overnight, resuming trade after the Martin Luther King public holiday. This saw the S&P500 and NASDAQ gain 0.8% and 1.5% respectively.

What to watch today:

  • Tech stocks are likely to follow the US moving higher. All eyes will be on Afterpay (ASX:APT) and Sezzle (ASX:SZL).
  • Sydney Airport (ASX:SYD) will report December numbers.
  • Australian Pharmaceuticals Industries (ASX:API) holds its AGM.
  • Monthly consumer confidence data will be released with confidence levels at a decade high.

Local trading ideas:

  • TechnologyOne (ASX:TNE) was upgraded to a buy by Bell Potter with a $9.25 price target.
  • Liontown Resources (ASX:LTR) was upgraded to a speculative buy by Bell Potter with a $0.55 price target.
  • Technology Metals (ASX:TMT), SG Fleet (ASX:SGF) and IDP Education (ASX:IEL) are giving off bullish charting signals according to Trading Central.

Weekly Wrap 27 May

Sophia Mavridis
May 27, 2022

Morning Bell 26 May

Paulina Peters
May 26, 2022

Morning Bell 25 May

Paulina Peters
May 25, 2022

Morning Bell 24 May

Sophia Mavridis
May 24, 2022

Morning Bell 23 May

Sophia Mavridis
May 23, 2022

Weekly Wrap 20 May

Sophia Mavridis
May 20, 2022

Morning Bell 19 May

Paulina Peters
May 19, 2022

Morning Bell 18 May

Sophia Mavridis
May 18, 2022

Morning Bell 17 May

Sophia Mavridis
May 17, 2022

Morning Bell 16 May

Paulina Peters
May 16, 2022

Weekly Wrap 13 May

Sophia Mavridis
May 13, 2022