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.

Weekly Wrap 4 March

Sophia Mavridis
March 4, 2022

Morning Bell 3 March

Sophia Mavridis
March 3, 2022

Morning Bell 2 March

Sophia Mavridis
March 2, 2022

Morning Bell 1 March

Sophia Mavridis
March 1, 2022

Morning Bell 28 February

Sophia Mavridis
February 28, 2022

Weekly Wrap 25 February

Sophia Mavridis
February 25, 2022

Morning Bell 24 February

Paulina Peters
February 24, 2022

Morning Bell 23 February

Sophia Mavridis
February 23, 2022

Morning Bell 22 February

Paulina Peters
February 22, 2022

Morning Bell 21 February

Sophia Mavridis
February 21, 2022