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.

Morning Bell 25 May

Jessica Amir
May 25, 2020

Weekly Wrap 22 May

Jessica Amir
May 22, 2020

Morning Bell 22 May

Jessica Amir
May 22, 2020

Morning Bell 21 May

Jessica Amir
May 21, 2020

Morning Bell 20 May

Jessica Amir
May 20, 2020

Morning Bell 19 May

Jessica Amir
May 19, 2020

Morning Bell 18 May

Jessica Amir
May 18, 2020

Weekly Wrap 15 May

Jessica Amir
May 15, 2020

Morning Bell 15 May

Jessica Amir
May 15, 2020

Morning Bell 14 May

Jessica Amir
May 14, 2020

Morning Bell 13 May

Jessica Amir
May 13, 2020