Skip to main content

Morning Bell 8 February

Jessica Amir
February 8, 2021

The ASX200 is eyeing a lift of 0.1% at the open.

The US unemployment rate fell to 6.3% in January, this was better than the projected 6.7% as Americans continue to head back to work. The US Democrats moved forward in the process of passing a $1.9 trillion COVID-19 relief bill without Republican votes.

Imdex (ASX:IMD) and Charter Hall Long WALE REIT (ASX:CLW) report results today.

Local trading ideas:

  • UBS marked Cochlear (ASX:COH) as a sell, forecasting revenue and sales to decline in the half year.
  • Bell Potter increased Cyclopharm’s (ASX:CYC) speculative buy rating with a new price target of $3.40.
  • Immutep (ASX:IMM) had its speculative buy rating upgraded with a new $0.65 target by Bell Potter.
  • Andromeda Metals (ASX:AND), Reckon (ASX:RKN) and Kingston Resources (ASX:KSN) are giving off bullish charting signals according to Trading Central.

Morning Bell 19 August

Jessica Amir
August 19, 2020

Morning Bell 18 August

Jessica Amir
August 18, 2020

Morning Bell 17 August

Paulina Peters
August 17, 2020

Weekly Wrap 14 August

Bell Direct
August 14, 2020

Morning Bell 14 August

Jessica Amir
August 14, 2020

Morning Bell 13 August

Bell Direct
August 13, 2020