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.

Morning Bell 24 March

Jessica Amir
March 24, 2021

Morning Bell 23 March

Jessica Amir
March 23, 2021

Morning Bell 22 March

Jessica Amir
March 22, 2021

Weekly Wrap 19 March

Jessica Amir
March 19, 2021

Morning Bell 19 March

Jessica Amir
March 19, 2021

Morning Bell 18 March

Jessica Amir
March 18, 2021

Morning Bell 17 March

Jessica Amir
March 17, 2021

Morning Bell 16 March

Jessica Amir
March 16, 2021

Morning Bell 15 March

Jessica Amir
March 15, 2021

Weekly Wrap 12 March

Jessica Amir
March 12, 2021

Morning Bell 12 March

Jessica Amir
March 12, 2021

Morning Bell 11 March

Bell Direct
March 11, 2021