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.

Market Update

Julia Lee
December 11, 2017

Market Update 8 December

Julia Lee
December 8, 2017

Market Update

Julia Lee
December 7, 2017

Market Update 6 Dec

Julia Lee
December 6, 2017

Market Update

Julia Lee
December 5, 2017

Market Update

Julia Lee
December 4, 2017

Market Update

Julia Lee
November 28, 2017

November review & Portfolio strategy

Julia Lee
November 27, 2017

Market Update

Julia Lee
November 23, 2017

Market Update

Julia Lee
November 22, 2017