Skip to main content

Latest stock market podcasts

Morning Bell 16 September

Bell Direct
September 16, 2020

The Aussie share market futures are suggesting the market will lift 0.8% following Wall Street’s gain, which was led by tech stocks bounding ahead. In afterhours trade – better than expected earnings results came through from FedEx and Adobe which lifted their shares by 9% and 2% respectively. However – the U.S. futures are flat as investors are awaiting comments from the US Federal Reserve.

– Oil gained 3% US$38.39
– Gold is US$4 less than it was yesterday, now at US$1,961.
– The Aussie dollar just nudged over 73 US cents, which is its highest level in three weeks, as the safe haven US dollar continues to come under pressure.

What to watch today?
– New home sales for August. The previous reading showed home sales fell almost 11% in July, but today’s read is not expected to be that stark. So keep an eye on building material construction firms like Brickworks (ASX:BKW) CSR (ASX:CSR) and Boral (ASX:BLD).
– Costa Group (ASX:CGC) and Supply Network (ASX:SNL) go ex-dividend today.

Trading ideas that may be worth a look:
– After Citadel’s (ASX:CGL) incredible 40% rally on Monday after receiving a takeover offer for $5.70 valuing the business at $449 million, Bell Potter downgraded the stock to a hold.
– Bell Potter had a look back at the August 2020 reporting results. Of its coverage, they upgraded MyState (ASX:MYS) but called Macquarie Group (ASX:MQG) as its top banking pick. ANZ is its preferred big four bank, while Suncorp Group (ASX:SUN) is their preferred regional/diversified play.
– Gold Road Resources (ASX:GOR) and NRW Holdings (ASX:NWH) are giving off bullish signals according to Trading Central’s data. Take NRW for example, it’s indicated their shares may rise from yesterday’s close of $2.15 to $2.56 – $2.66 over the next 15 days, according to standard technical analysis.

Morning Bell 5 March

Bell Direct
March 5, 2024

Morning Bell 4 March

Bell Direct
March 4, 2024

Weekly Wrap 1 March

Bell Direct
March 1, 2024

Morning Bell 1 March

Bell Direct
March 1, 2024

Morning Bell 29 February

Bell Direct
February 29, 2024

Morning Bell 28 February

Bell Direct
February 28, 2024

Morning Bell 27 February

Bell Direct
February 27, 2024

Morning Bell 26 February

Bell Direct
February 26, 2024

Weekly Wrap 23 February

Bell Direct
February 23, 2024

Morning Bell 22 February

Bell Direct
February 22, 2024

Morning Bell 21 February

Bell Direct
February 21, 2024

Morning Bell 20 February

Bell Direct
February 20, 2024