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 4 February

Jessica Amir
February 4, 2021

Morning Bell 3 February

Jessica Amir
February 3, 2021

Morning Bell 2 February

Jessica Amir
February 2, 2021

Morning Bell 1 February

Jessica Amir
February 1, 2021

Morning Bell 29 January

Jessica Amir
January 29, 2021

Morning Bell 28 January

Paulina Peters
January 28, 2021

Morning Bell 27 January

Paulina Peters
January 27, 2021

Weekly Wrap 22 January

Jessica Amir
January 22, 2021

Morning Bell 22 January

Jessica Amir
January 22, 2021

Morning Bell 21 January

Jessica Amir
January 21, 2021