Skip to main content

Morning Bell 3 March

Jessica Amir
March 3, 2021

The futures are suggesting the Aussie share market will lift 0.2% thanks to commodities charging.

What to watch today  

  • Gold stocks like Newcrest Mining (ASX:NCM) and St Barbara (ASX:SBM), which are both are in downtrends and momentum is building in a southern direction. So, it could be worth waiting if you are looking at buying into these stocks.
  • Keep an eye on Copper stocks with strong share price and earnings momentum: Oz Minerals (ASX:OZL) and Sandfire Resources (ASX:SFR).
  • In smaller caps, keep an eye on Aeris Resources (ASX:AIS) and Copper Mountain Mining Corporation (ASX:C6C).
  • Keep an eye on some of the most traded stocks from yesterday for our active trader desk, Bell Direct Advantage. They were Peppermint Innovation (ASX:PIL) and Cannindah Resources (ASX:CAE).
  • Economic data out today: economic growth data for the last quarter of 2020.

Trading ideas:

  • BCI Minerals Ltd (ASX:BCI) was given a little upgrade overnight. Bell Potter maintained its Buy rating in BCI, increasing its target to $0.50, implying 64% upside.
  • UBS reiterated its Buy recommendations on CSL (ASX:CSL) overnight with a $330 target.
  • Suncorp (ASX:SUN), Deep Yellow (ASX:DYL) and JB Hi Fi (ASX:JBH) are giving off bullish charting signals according to Trading Central.

Weekly Wrap 20 March

Bell Direct
March 20, 2020

Market Update 20 March

Jessica Amir
March 20, 2020

Market Update 19 March

Jessica Amir
March 19, 2020

Morning Bell 18 March

Jessica Amir
March 18, 2020

Morning Bell 17 March

Jessica Amir
March 17, 2020

Market Update 16 March

Bell Direct
March 16, 2020

Weekly Wrap 13 March

Jessica Amir
March 13, 2020

Market Update 12 March

Paulina Peters
March 12, 2020

Morning Bell 11 March

Jessica Amir
March 11, 2020

ETF mini-series 3/3: Top ETF picks

Jessica Amir
March 10, 2020