Skip to main content

Morning Bell 29 April

Paulina Peters
April 29, 2021

The Aussie share market is set to open 0.26% higher amid optimism for commodity prices. Apple and Facebook exceeded revenue expectations.

What to watch today:

  • The Oil price rose more than 1% off the back of fuel demand optimism.
  • The Gold price gained as the US dollar and US Treasury yields eased following the Fed keeping rates unchanged.
  • The Copper price hit an all-time high on China demand. Keep an eye on Copper stocks like OZ Minerals (ASX:OZL), and Sandfire Resources (ASX:SFR).
  • Iron ore is trading 0.11% lower but still near the 10-year high while the Nickel price is trading 1.8% higher.
  • Today, both Woolworths (ASX:WOW) and Newcrest Mining (ASX:NCM) are set to release their third quarter updates.
  • Most traded stocks for Bell Direct clients yesterday: CSL (ASX:CSL), Corporate Travel Management (ASX:CTD) and National Australia Bank (ASX:NAB).

 Trading ideas:

  • IT company, Life360 (ASX:360) was reiterated as a Bell Potter BUY, with a $7 price target. This comes off the back of a strong March quarter.
  • Bell Potter also has a BUY rating on health informatics business, Alcidion (ASX:ALC), with an upgraded price target of $0.45, that’s a huge 50% increase
  • RMA Global Holdings (ASX:RMY) is giving off bullish charting signals according to Trading Central.

Weekly Wrap 29 July

Sophia Mavridis
July 29, 2022

Morning Bell 28 July

Paulina Peters
July 28, 2022

Morning Bell 27 July

Paulina Peters
July 27, 2022

Morning Bell 26 July

Sophia Mavridis
July 26, 2022

Morning Bell 25 July

Sophia Mavridis
July 25, 2022

Weekly Wrap 22 July

Sophia Mavridis
July 22, 2022

Morning Bell 21 July

Paulina Peters
July 21, 2022

Morning Bell 20 July

Sophia Mavridis
July 20, 2022

Morning Bell 19 July

Paulina Peters
July 19, 2022

Morning Bell 18 July

Sophia Mavridis
July 18, 2022

Weekly Wrap 15 July

Sophia Mavridis
July 15, 2022

Morning Bell 14 July

Paulina Peters
July 14, 2022