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 29 June

Sophia Mavridis
June 29, 2022

Morning Bell 28 June

Paulina Peters
June 28, 2022

Morning Bell 27 June

Sophia Mavridis
June 27, 2022

Weekly Wrap 24 June

Sophia Mavridis
June 24, 2022

Morning Bell 23 June

Paulina Peters
June 23, 2022

Morning Bell 22 June

Sophia Mavridis
June 22, 2022

Morning Bell 21 June

Paulina Peters
June 21, 2022

Morning Bell 20 June

Sophia Mavridis
June 20, 2022

Weekly Wrap 17 June

Sophia Mavridis
June 17, 2022

Morning Bell 16 June

Paulina Peters
June 16, 2022