Skip to main content

Morning Bell 20 January

Jessica Amir
January 20, 2021

The ASX200 is eyeing a 0.2% lift at the open following the 1.2% gain yesterday.

US equities lifted higher overnight, resuming trade after the Martin Luther King public holiday. This saw the S&P500 and NASDAQ gain 0.8% and 1.5% respectively.

What to watch today:

  • Tech stocks are likely to follow the US moving higher. All eyes will be on Afterpay (ASX:APT) and Sezzle (ASX:SZL).
  • Sydney Airport (ASX:SYD) will report December numbers.
  • Australian Pharmaceuticals Industries (ASX:API) holds its AGM.
  • Monthly consumer confidence data will be released with confidence levels at a decade high.

Local trading ideas:

  • TechnologyOne (ASX:TNE) was upgraded to a buy by Bell Potter with a $9.25 price target.
  • Liontown Resources (ASX:LTR) was upgraded to a speculative buy by Bell Potter with a $0.55 price target.
  • Technology Metals (ASX:TMT), SG Fleet (ASX:SGF) and IDP Education (ASX:IEL) are giving off bullish charting signals according to Trading Central.

Morning Bell 27 January

Paulina Peters
January 27, 2021

Weekly Wrap 22 January

Jessica Amir
January 22, 2021

Morning Bell 22 January

Jessica Amir
January 22, 2021

Morning Bell 21 January

Jessica Amir
January 21, 2021

Morning Bell 19 January

Jessica Amir
January 19, 2021

Morning Bell 18 January

Jessica Amir
January 18, 2021

How to: Open a trading account

Bell Direct
January 15, 2021

Weekly Wrap 15 January

Jessica Amir
January 15, 2021

Morning Bell 15 January

Jessica Amir
January 15, 2021

Morning Bell 14 January

Jessica Amir
January 14, 2021