Skip to main content

Morning Bell 23 October

Jessica Amir
October 23, 2020

The ASX200 is eyeing a flat open today with all eyes and ears on the U.S. presidential debate kicking off at 11am AEDT.

The first COVID-19 treatment was approved by the U.S. FDA, giving Gilead Sciences’ drug, Remdesivir, formal approval to treat COVID-19.

What to watch today:

  • Restaurants, cafes, pubs and clubs will be able to take group bookings of up to 30 people.
  • Flash PMI numbers for October are out, they are a preview of what to expect ahead of official numbers.

Trading ideas:

  • Citi reiterated Aristocrat Leisure (ASX:ALL) as a buy with a $34.60 price target.
  • Bell Potter upgraded Laybuy Group Holdings (ASX:LBY) as a speculative buy, increasing its price target to $3.00. This implies 76% upside on its rapid and record growth.
  • Bell Potter upgraded Aeris Resources Ltd (ASX:AIS) as a buy, increasing its target to $0.109, implying 79% upside.
  • Navigator Global Investments (ASX:NGI), MyFiziq (ASX:MYQ) and Tesoro Resources (ASX:TSO) are all showing bullish charting signals according to Trading Central.

Equity Investor

Julia Lee
July 31, 2018

Equity Investor

Julia Lee
July 24, 2018

Market Update

Julia Lee
July 23, 2018

10 favoured stocks

Bell Direct
July 17, 2018

Market Update

Julia Lee
June 21, 2018

Equity Investor 18 June

Julia Lee
June 19, 2018

Market Update

Julia Lee
June 7, 2018

Market Update

Julia Lee
June 6, 2018

Equity Investor

Julia Lee
June 5, 2018

Equity Investor 28 May

Julia Lee
May 29, 2018