Skip to main content

Latest stock market podcasts

Morning Bell 31 August

Bell Direct
August 31, 2020

The Aussie futures are suggesting a 0.7% fall at the open despite U.S. stocks shining on Friday. This really reflects how differently we have been performing to the U.S. market of late, given their market is mainly tech stocks and ours is heavily made up of banks and miners.

The Australian dollar has scaled to its highest level in two-years to US$0.736, with the U.S. dollar continuing to fall. It has continued to drop since the U.S. Federal Reserve said it would let inflation rise to over 2% and keep interest rates at record levels.

What to watch today:

  • The market looks like it will close higher for August, its fifth positive month.
  • Economic data will come back into focus this week with the RBA meeting tomorrow and GDP data out on Wednesday, with Australia to officially enter a recession for the first time in almost 30 years.
  • Bubs Australia (ASX:BUB) reports results today and Zip Co (ASX:Z1P) holds it AGM.

Local trading ideas:

  • Intellectual property business, QANTM Intellectual Property (ASX:QIP) was reiterated as a Bell Potter buy, while the broker decreased QIP’s target price to $1.60, implying 44% share price growth from Friday’s close.
  • Buy now pay later group Spilitit (ASX:SPT) is giving off a bullish trend according to Trading Central’s standard technical analysis principals. Keep in mind SPT is not yet covered by a lot of brokers. However according to Trading Central analysis, SPT shares may rise from $1.83 to $2.35 – $2.45 over the next 50 days.

Morning Bell 4 December

Sophia Mavridis
December 4, 2024

Morning Bell 3 December

Sophia Mavridis
December 3, 2024

Morning Bell 2 December

Bell Direct
December 2, 2024

Weekly Wrap 29 November

Bell Direct
November 29, 2024

Morning Bell 28 November

Bell Direct
November 28, 2024

Morning Bell 27 November

Bell Direct
November 27, 2024

Bell Direct
November 26, 2024

Morning Bell 25 November

Bell Direct
November 25, 2024

Morning Bell 21 November

Bell Direct
November 21, 2024

Morning Bell 20 November

Bell Direct
November 20, 2024

Morning Bell 19 November

Bell Direct
November 19, 2024

Morning Bell 18 November

Bell Direct
November 18, 2024