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.

Equity Investor

Julia Lee
March 6, 2018

Market Update

Julia Lee
March 6, 2018

Market Update

Julia Lee
March 6, 2018

Market Update

Julia Lee
March 2, 2018

Equity Investor

Julia Lee
February 27, 2018

Market Update

Julia Lee
February 21, 2018

Equity Investor 19 February

Julia Lee
February 20, 2018

Market Update

Julia Lee
February 19, 2018

Weekly Wrap 16 February

Julia Lee
February 16, 2018

Market Update

Julia Lee
February 14, 2018

Equity Investor 12 February

Julia Lee
February 13, 2018

Weekly Wrap 9 February

Julia Lee
February 9, 2018