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 23 December

Jessica Amir
December 23, 2020

Morning Bell 22 December

Jessica Amir
December 22, 2020

Morning Bell 21 December

Jessica Amir
December 21, 2020

Weekly Wrap 18 December

Jessica Amir
December 18, 2020

Morning Bell 18 December

Jessica Amir
December 18, 2020

Morning Bell 17 December

Jessica Amir
December 17, 2020

Morning Bell 16 December

Jessica Amir
December 16, 2020

Morning Bell 15 December

Jessica Amir
December 15, 2020

Morning Bell 14 December

Jessica Amir
December 14, 2020

Weekly Wrap 11 December

Jessica Amir
December 11, 2020