Latest stock market news videos & Morning Bell

Morning Bell 11 January

Bell Direct
January 11, 2021

The Aussie share market is suggesting a 0.1% gain at the open after the market rose 2.6% last week.

What to watch today:

  • If Brisbane will end its 3-day lockdown at 6pm tonight or if it will be extended with a decision to be made this morning.
  • Australian retail sales data, which is expected to show a 7% jump in spending in November.

All eyes will be on commodities:

  • Iron ore stocks could rise as the iron ore price rose to US$169, a new 9-year high.
  • Gold stocks could see some selling after money poured back into equities, pulling gold down $112 in a week to US$1,835.

Local trading ideas:

  • Citi upgraded ARB (ASX:ARB) to a buy with a $34.25 price target.
  • Bapcor (ASX:BAP) is rated as a buy by Citi following cars sales momentum.
  • ASX (ASX:ASX) is a Citi sell with a $68 price target.
  • Accent (ASX:AX1) was rated as a Citi buy as profit margins are expected to increase.
  • Humm Group (ASX:HUM), Harvey Norman (ASX:HVN) and Sonic Healthcare (ASX:SHL) are all giving off strong bullish charting signals according to Trading Central.

Weekly Wrap 14 June

Bell Direct
June 14, 2019

Weekly Wrap 7 June

Bell Direct
June 7, 2019

May Market Overview

Bell Direct
May 30, 2019

Weekly Wrap 24 May

Bell Direct
May 24, 2019

April Market Overview

Bell Direct
April 29, 2019

Weekly Wrap 12 April

Bell Direct
April 12, 2019

Weekly Wrap 5 April

Bell Direct
April 5, 2019

March Market Overview

Bell Direct
March 28, 2019

Weekly Wrap 22 March

Bell Direct
March 22, 2019

Weekly Wrap 15 March

Bell Direct
March 15, 2019

Weekly Wrap 8 March

Bell Direct
March 8, 2019