Skip to main content

Morning Bell 22 July

Jessica Amir
July 22, 2021

This morning the futures are suggesting the Aussie share market will rise 0.9%.

What to watch today:

  • It’s confirmed that Brisbane will host the Olympics in 2032. This means infrastructure will be built over the next 11 years to cater for the Olympic Games. Investors should watch engineering stocks such as Cimic (ASX:CIM) and Downer (ASX:DOW). Also watch construction stocks including Brickworks (ASX:BKW), Adelaide Brighton (ABC) and Boral (ASX:BLD).
  • The oil price jumped 4% overnight, trading above US$70 – and likely to push higher.
  • The iron ore price fell 0.5%, copper rose 0.4% and the coal price eased from its decade high, falling 1.3%.

Trading Ideas:

  • Beach Energy (ASX:BPT) was upgraded by Bell Potter with a new $1.85 price target, implying 52% share price growth in a year. BPT is a BUY stock for Bell Potter, Macquarie and Credit Suisse.
  • James Hardie (ASX:JHX), Redbubble (ASX:RBL) and Coda Minerals (ASX:COD) are all giving off bullish charting signals, according to Trading Central.

Thank you and see you in 2023

Grady Wulff
December 20, 2022

Weekly Wrap 16 December

Grady Wulff
December 16, 2022

Morning Bell 16 December

Bell Direct
December 16, 2022

Closing Bell 15 December

Grady Wulff
December 15, 2022

Morning Bell 15 December

Grady Wulff
December 15, 2022

Closing Bell 14 December

Grady Wulff
December 14, 2022

Morning Bell 14 December

Grady Wulff
December 14, 2022

Closing Bell 13 December

Grady Wulff
December 13, 2022

Morning Bell 13 December

Sophia Mavridis
December 13, 2022

Closing Bell 12 December

Grady Wulff
December 12, 2022

Morning Bell 12 December

Grady Wulff
December 12, 2022

Weekly Wrap 9 December

Grady Wulff
December 9, 2022