Morning Bell 22 July

Jessica Amir
July 22, 2021

This morning the futures are suggesting the Aussie share market will rise 0.9%.

 

What to watch today:

  • It’s confirmed that Brisbane will host the Olympics in 2032. This means infrastructure will be built over the next 11 years to cater for the Olympic Games. Investors should watch engineering stocks such as Cimic (ASX:CIM) and Downer (ASX:DOW). Also watch construction stocks including Brickworks (ASX:BKW), Adelaide Brighton (ABC) and Boral (ASX:BLD).
  • The oil price jumped 4% overnight, trading above US$70 – and likely to push higher.
  • The iron ore price fell 0.5%, copper rose 0.4% and the coal price eased from its decade high, falling 1.3%.

 

Trading Ideas:

  • Beach Energy (ASX:BPT) was upgraded by Bell Potter with a new $1.85 price target, implying 52% share price growth in a year. BPT is a BUY stock for Bell Potter, Macquarie and Credit Suisse.
  • James Hardie (ASX:JHX), Redbubble (ASX:RBL) and Coda Minerals (ASX:COD) are all giving off bullish charting signals, according to Trading Central.

 

Morning Bell 6 September

Jessica Amir
September 6, 2021

Weekly Wrap 3 September

Jessica Amir
September 3, 2021

Morning Bell 3 September

Sophia Mavridis
September 3, 2021

Morning Bell 2 September

Paulina Peters
September 2, 2021

Morning Bell 1 September

Jessica Amir
September 1, 2021

Morning Bell 31 August

Jessica Amir
August 31, 2021

Morning Bell 30 August

Jessica Amir
August 30, 2021

Weekly Wrap 27 August

Jessica Amir
August 27, 2021

Morning Bell 27 August

Sophia Mavridis
August 27, 2021

Morning Bell 26 August

Paulina Peters
August 26, 2021

Morning Bell 25 August

Jessica Amir
August 25, 2021