Skip to main content

Morning Bell 22 April

Jessica Amir
April 22, 2021

The Aussie share market is set to lift at the open, with the futures suggesting a 0.5% gain. US stocks advanced after two days of declines.

What to Watch:

  • The iron ore price fell 1.3% overnight, retreating slightly from its 9.5 year high. Iron ore stocks in uptrend breakouts include Magnetite Mines (ASX:MGT), and Champion Iron (ASX:CIA).
  • The gold price rebounded 1%. Gold stocks in uptrend breakouts include Newcrest Mining (ASX:NCM), St Barbara (ASX:SBM), Evolution Mining (ASX:EVN), OceanaGold (ASX:OGC). Also watch Westgold (ASX:WGX) and Silver Lake (ASX:SLR).
  • The most traded stocks across Bell Direct yesterday: Province Resources (ASX:PRL), Rumble Resources (ASX:RTR) and Alterity Therapeutics (ASX:ATH)

Trading Ideas:

  • Cluey (ASX:CLU) was restamped as a Bell Potter Buy with a $1.80 price target.
  • Bega Cheese Ltd (ASX:BGA) was upgraded as a Buy by Bell Potter with an increased $7.35 price target
  • Brightstar Resources (ASX:BTR), Valmec (ASX:VMX) and Advanced Breaking Technology (ASX:ABV) are all giving off bullish charting signals according to Trading Central.

How to: Bell Direct’s ETF filter

Bell Direct
September 5, 2020

Weekly Wrap 4 September

Jessica Amir
September 4, 2020

How to: Use Bell Direct’s mFund filter

Bell Direct
September 4, 2020

Morning Bell 4 September

Jessica Amir
September 4, 2020

How to: Market Map

Bell Direct
September 3, 2020

Morning Bell 3 September

Jessica Amir
September 3, 2020

How to: Unusual Volume

Bell Direct
September 2, 2020

Morning Bell 2 September

Jessica Amir
September 2, 2020

Morning Bell 1 September

Jessica Amir
September 1, 2020

Morning Bell 31 August

Jessica Amir
August 31, 2020

Weekly Wrap 28 August

Bell Direct
August 28, 2020

Morning Bell 28 August

Jessica Amir
August 28, 2020