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.

Thank you and see you in 2023

Grady Wulff
December 20, 2022

Weekly Wrap 16 December

Grady Wulff
December 16, 2022

Morning Bell 16 December

Bell Direct
December 16, 2022

Closing Bell 15 December

Grady Wulff
December 15, 2022

Morning Bell 15 December

Grady Wulff
December 15, 2022

Closing Bell 14 December

Grady Wulff
December 14, 2022

Morning Bell 14 December

Grady Wulff
December 14, 2022

Closing Bell 13 December

Grady Wulff
December 13, 2022

Morning Bell 13 December

Sophia Mavridis
December 13, 2022

Closing Bell 12 December

Grady Wulff
December 12, 2022

Morning Bell 12 December

Grady Wulff
December 12, 2022

Weekly Wrap 9 December

Grady Wulff
December 9, 2022