Skip to main content

Morning Bell 22 January

Jessica Amir
January 22, 2021

The ASX200 is eyeing a fall of 0.3% at the open.

A day under US President Biden’s leadership and he’s kicked the focus to renewable energy, by re-joining the Paris Climate agreement and re-engaging with the World Health Organisation.

What to watch today:

  • Energy stocks could see another pull back today after the oil price fell 0.5% with Biden planning to roll back oil and gas infrastructure projects.
  • The Federal and South Australian Government announced SA will receive a $45 million handout to expand its recycling infrastructure.
  • Keep an eye on travel stocks like Flight Centre (ASX:FLT) and Webjet (ASX:WEB) as Emirates will resume flights on Monday to Sydney, Melbourne and Brisbane.
  • Preliminary retail sales data is out today and is expected to show sales cooled in December after November sales grew 7.1%, which was the biggest jump in sales in six months.

Local trading ideas:

  • Cluey (ASX:CLU) was given a speculative buy rating by Bell Potter.
  • Coronado Global Resources (ASX:CRN) was upgraded by Bell Potter with a new $1.55 target.
  • BetMakers Technology (ASX:BET), Bellevue Gold (ASX:BGL) & Trek Metals (ASX:TKM) are giving off bullish charting signals according to Trading Central.

Market Update

Bell Direct
April 11, 2017

Market Update

Bell Direct
April 10, 2017

Market Update

Julia Lee
April 7, 2017

Market Update

Julia Lee
April 6, 2017

Market Update

Julia Lee
April 5, 2017

Market Update

Julia Lee
April 4, 2017

Market Update

Julia Lee
April 3, 2017

Market Update

Julia Lee
March 31, 2017

Market Update

Julia Lee
March 30, 2017

March Overview

Julia Lee
March 28, 2017

Market Update

Julia Lee
March 27, 2017