Skip to main content

Morning Bell 23 December

Jessica Amir
December 23, 2020

The ASX200 is eyeing a lift of 0.9% at the open, which should recover some of yesterday’s 1.1% loss.

US Congress leaders approved US$900 billion in COVID-19 aid which includes giving $600 to individuals.

Economic growth in the US grew 33.4% last quarter, erasing the prior 31.4% fall in April-June. The UK economy also grew in the third quarter, rising by a record 16%.

All eyes will be on the NSW Premier today with restrictions expected to remain until after Christmas.

Local trading ideas:

  • Janison Education (ASX:JAN) was upgraded as a Bell Potter buy with a new $0.60 price target. This week JAN signed a 5-year $5m deal with Chartered Accountants to deliver an online education program.
  • Youfoodz Holdings (ASX:YFZ) was called out as a Bell Potter buy for the first time with a $1.50 target, implying 57% growth in a year from yesterday’s close
  • LaserBond (ASX:LBL), Kingsrose Mining (ASX:KRM) and Elders (ASX:ELD) are all showing bullish charting signals according to Trading Central.

Market Update 20 July

Julia Lee
July 20, 2016

Technical Insights – Trailing Stops

Bell Direct
July 18, 2016

Market Update 18 July

Julia Lee
July 18, 2016

Market Update 15 July

Julia Lee
July 15, 2016

Market Update 14 July

Julia Lee
July 14, 2016

Market Update 13 July

Julia Lee
July 13, 2016

Market Update

Julia Lee
July 11, 2016

Market Update

Julia Lee
July 8, 2016

Market Update

Julia Lee
July 7, 2016