Skip to main content

Morning Bell 22 April

Jessica Amir
April 22, 2021

The Aussie share market is set to lift at the open, with the futures suggesting a 0.5% gain. US stocks advanced after two days of declines.

What to Watch:

  • The iron ore price fell 1.3% overnight, retreating slightly from its 9.5 year high. Iron ore stocks in uptrend breakouts include Magnetite Mines (ASX:MGT), and Champion Iron (ASX:CIA).
  • The gold price rebounded 1%. Gold stocks in uptrend breakouts include Newcrest Mining (ASX:NCM), St Barbara (ASX:SBM), Evolution Mining (ASX:EVN), OceanaGold (ASX:OGC). Also watch Westgold (ASX:WGX) and Silver Lake (ASX:SLR).
  • The most traded stocks across Bell Direct yesterday: Province Resources (ASX:PRL), Rumble Resources (ASX:RTR) and Alterity Therapeutics (ASX:ATH)

Trading Ideas:

  • Cluey (ASX:CLU) was restamped as a Bell Potter Buy with a $1.80 price target.
  • Bega Cheese Ltd (ASX:BGA) was upgraded as a Buy by Bell Potter with an increased $7.35 price target
  • Brightstar Resources (ASX:BTR), Valmec (ASX:VMX) and Advanced Breaking Technology (ASX:ABV) are all giving off bullish charting signals according to Trading Central.

Morning Bell 14 November

Bell Direct
November 14, 2019

Morning Bell 12 November

Bell Direct
November 12, 2019

Morning Bell 11 November

Bell Direct
November 11, 2019

Morning Bell 8 November

Bell Direct
November 8, 2019

Morning Bell 4 November

Bell Direct
November 4, 2019

Morning Bell 1 November

Bell Direct
November 1, 2019

Morning Bell 1 November

Bell Direct
November 1, 2019

ETF series: S&P Dow Jones Indices

Bell Direct
October 31, 2019

Morning Bell 30 October

Bell Direct
October 30, 2019

Morning Bell 29 October

Bell Direct
October 29, 2019

Morning Bell 28 October

Bell Direct
October 28, 2019