Skip to main content

Morning Bell 17 May

Jessica Amir
May 17, 2021

The Aussie share market is set to open higher, with the futures suggesting a 0.7% gain.

Investors continue to buy into tech stocks, after last weeks pull back.

What to watch today:

  • Watch Tech stocks: Afterpay (ASX:APT), Xero (ASX:XRO) and Seek (ASX:SEK).
  • The Iron Ore price continues to pull back. Watch Fortescue Metals Group (ASX:FMG), Magnetite Mines (ASX:MGT), Mineral Resources (ASX:MIN), BCI Minerals (ASX:BCI), and Champion Iron (ASX:CIA).
  • Incitec Pivot Limited (ASX:IPL), Temple & Webster Group  (ASX:TPW) and Elders (ASX:ELD) are set to report today.
  • This week: RBA meeting minutes to be released on Tuesday and Consumer Confidence released on Wednesday. Watch JB Hi-Fi (ASX:JBH), Afterpay (ASX:APT), Harvey Norman (ASX:HVN) and Breville Group (ASX:BRG). In addition, unemployment data will be released on Thursday and April retail sales will be released on Friday.
  • Most traded stocks from Friday included Xero (ASX:XRO) and Woodside Petroleum (ASX:WPL).

Trading Ideas:

  • Bell Potter have reiterated a speculative Buy recommendation on Avita Medical (ASX:AVH), dropping their price target to $10.50.
  • Nick Scali (ASX:NCK), Ansell (ASX:ANN) and Integral Diagnostics (ASX:IDX) are all giving off bullish charting signals according to Trading Central.

Morning Bell 12 January

Jessica Amir
January 12, 2021

Morning Bell 11 January

Jessica Amir
January 11, 2021

Morning Bell 8 January

Paulina Peters
January 8, 2021

Morning Bell 7 January

Paulina Peters
January 7, 2021

Morning Bell 6 January

Paulina Peters
January 6, 2021

Morning Bell 5 January

Jessica Amir
January 5, 2021

Morning Bell 4 January

Jessica Amir
January 4, 2021

Morning Bell 30 December

Jessica Amir
December 30, 2020

Morning Bell 29 December

Jessica Amir
December 29, 2020

Morning Bell 24 December

Jessica Amir
December 24, 2020

Morning Bell 23 December

Jessica Amir
December 23, 2020