Skip to main content

Morning Bell 15 March

Jessica Amir
March 15, 2021

The futures are suggesting a flat start to the week – as Australian bond yields rose back to two-year highs again. So this week, we’ll likely see companies with higher debt like tech stocks sold down, and investors continuing to back banks, and airlines.

What to watch today:

  • RBA Governor’s speech
  • New home sales data out at 11:30am. That will keep building companies on the pulse – like CSR (ASX:CSR), Boral (ASX:BLD) and Brickworks (ASX:BKW).
  • China’s industrial production data for Feb. Keep an eye on rare earths stocks like Lynas (ASX:LYC), Vital Metals (ASX:VML), Northern Minerals (ASX:NTU) and RareX (ASX:REE).
  • S&P/ASX 200 and 300 changes for 22 March announced on Friday. Why is this important? Stocks added to the indices will now be compulsorily acquired by ETF providers and those that were removed will be sold.
  • Keep a watch on iron ore stocks as the iron ore fines price, the most traded, fell almost 2% taking iron ore to a 15-day low. With China cracking down on steel production to cut pollution.

Trading ideas:

  • Bell Potter reiterated Cyclopharm (ASX:CYC) as a Buy with a $3.79 target. CYC will be added to the All Ordinaries (the top 500) index.
  • Noxopharm (ASX:NOX), Ava Risk Group (ASX:AVA) and Navigator Global Investment (ASX:NGI) are all giving off bullish charting signals according to Trading Central.

Weekly Wrap 23 October

Jessica Amir
October 23, 2020

Morning Bell 23 October

Jessica Amir
October 23, 2020

Morning Bell 22 October

Jessica Amir
October 22, 2020

Morning Bell 21 October

Jessica Amir
October 21, 2020

Morning Bell 20 October

Jessica Amir
October 20, 2020

Morning Bell 19 October

Jessica Amir
October 19, 2020

Weekly Wrap 16 October

Jessica Amir
October 16, 2020

Morning Bell 16 October

Jessica Amir
October 16, 2020

Morning Bell 15 October

Jessica Amir
October 15, 2020

Morning Bell 14 October

Jessica Amir
October 14, 2020

Morning Bell 13 October

Jessica Amir
October 13, 2020