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

Julia Lee
April 28, 2016

Under the Radar Report: Blue sky stocks

Richard Hemming
April 22, 2016

Three Quintessential Stocks

Bell Direct
April 13, 2016

Bell Potter Yield Stocks

Bell Direct
April 12, 2016

Market Open

Julia Lee
April 11, 2016

Small cap CEO interview: CV Check

Bell Direct
March 23, 2016

Market Update 14 March 2016

Julia Lee
March 14, 2016

Bell Potter banks march

Bell Direct
March 11, 2016

Portfolio Strategy Builder

Bell Direct
March 7, 2016