Between the Bells

Yesterday, the ASX200 closed at a new record high for the first time in history, at a 1.1% gain.  Overnight, all three US indices moved up modestly by 0.1%.  This morning the Aussie share market is set to reach a brand new record high, with the futures suggesting the market will rise 0.2%.  What to watch today:  In economic news, Retail Trade Data is out today for April.   Balance of Trade data se...

The Aussie share market is set to open higher, with the futures suggesting the market will rise 0.2%.    What to watch today:  The 15 day moving average has just nudged above the 30 day moving average. This indicates a technical uptrend is forming. But, as the moving averages lines are virtually on top of each other, the market could go either way from here.  In economic news, GDP data will be rel...

Aussie equities managed to extend their monthly run of gains to 8 months in May. That’s the longest stretch in 14 years, despite yesterday’s slight dip given Melbourne’s COVID-19 outbreak spread, as well as Nuix (ASX:NXL) shares tumbling 17.8%.  The Aussie share market looks set to open 0.43% lower, amid a lack of direction from overseas, with both the US and UK markets closed for holidays. Watch...

The Aussie share market hit a record high last Friday closing at 7,179 points, beating the record set back in February 2020.  Today, the Aussie share market is set to follow Wall Street’s lead with the futures suggesting the market will lift 0.08% to 7,181. Melbourne’s virus outbreak could cast a shadow however.  What to watch: Economic news out this week: RBA meeting tomorrow, economic growth for...

The Aussie share market defied the odds this month, rising 1% so far. Lithium stocks are back in full focus, as governments draw new environmental battle lines, and key car manufacturers like VW, GM, BMW and Tesla scale up electric vehicle (EV) operations.    In this week’s wrap, Jessica covers:   (0:33) What we can expect for June based on historical trends (1:05) Investors buying the Tech stock...

US equities advanced overnight following better than expected jobs data.  Yesterday, the major miners pushed the Aussie share market higher, managing to close with a gain, amid Victoria going back into a snap 7-day lockdown.  Today following the US overnight, the Aussie share market is set to open higher this morning, with the futures suggesting the market will rise 0.82% to 7,148 points.  What to...

All three US benchmarks rose slightly overnight following US shares linked to the economic reopening lifting.    The Aussie share market is set to follow Wall Street’s lead with the futures suggesting the market will lift 0.04% to 7,093.     What to watch: Private Capital Expenditure data will be released today at 11:30am.  Fisher & Paykel Healthcare (ASX:FPH) released its full year results th...

The Aussie share market is set to open lower, with the futures suggesting a 0.5% fall.    What to watch today:  The iron ore price fell from US$217 to US$200. Watch Fortescue Metals (ASX:FMG), Mineral Resources (ASX:MIN) and Magnetite Mines (ASX:MGT).  Whitefield Areas (ASX:WHF) goes ex- dividend today.  Aristocrat Leisure (ASX:ALL) and CSL Limited (ASX:CSL) set to go ex- dividend on Friday. Brain...

The Aussie share market is set to open higher, with the futures suggesting a rise of 0.3%.    What to watch toady:  Tech stocks are expected to rise for the 4th day, continuing on an uptrend. Watch Afterpay (ASX:APT). Copper price rose 1%. Coal stocks are back in focus, as the coal price is at a 3 year high.  Amcor (ASX:AMC) to go ex- dividend.  Technology One (ASX:TNE) set to report company resul...

The Aussie share market is set to fall, with the futures suggesting the market will open 0.1% lower.    What to watch today:  Coal futures are trading at their highest levels since 2018, so keep an eye on Coronado Global Resources (ASX:CRN).  Oil stocks will be in focus, gaining 3% to $63.72 a barrel, as a storm in the Gulf of Mexico is expected to restrict supply.  Gold stocks are in focus, tradi...

With the end of financial year (EOFY) approaching, investors are rebalancing their portfolios. Quantitative traders watch on as the market teeters on a technical sell signal, which could pull the market back further if activated.  In this week’s wrap, Jessica covers:  (0:25) Two key EOFY considerations (1:47) Investors buying the dip, into Tech  (2:02) Artificial intelligence giant Appen (ASX:APX)...

After a three-day losing streak, US equities made a comeback. Today, following the US, the Aussie share market is set to open higher, with the futures suggesting the market will rise 0.38% to 7,042 points.   What to watch: New data from the ABS shows that the Australian economy is in a better than expected economic position post the pandemic, as the unemployment rate fell 5.5%.  Results of the Mar...

It was a wild session overnight on Wall Street after the Bitcoin price plunged causing Tech shares to come under pressure.  Despite Wall Street’s fall, the Aussie share market is set to open slightly higher, with the futures suggesting the market will lift 0.06%.   What to watch today: Unemployment data will be released this morning, with the market expecting the unemployment rate to hold at 5.6%,...

 The Aussie share market is set to open 1.1% lower, following Wall Street overnight.  The Australia government pushes for reusable, recyclable and compostable plastics.  What to watch today:  Resolute Mining (ASX:RSG) is the best performer in the ASX200 this month, up 29%. Watch iron ore as China plans to set up exploration and production facilities. Iron ore stocks have been trading at a record h...

The Aussie share market is set to open higher, the futures suggesting a 0.2% gain.  End of financial year adjustments continue to take place, as investors are moving out of tech and into banking and mining. What to watch today:  The Oil price rose 1%, Gold rose 1.3% and Copper gained 1.3%, while Iron Ore rebounded 2.3%. Watch Aeris Resources (ASX:AIS), BCI Minerals (ASX:BCI) and Zeta Resources (AS...

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),...

Despite the Aussie share market falling 1.4% Monday to Thursday, the market is trading 7% higher so far this year. As the economy shifts further into expansion phase, interest rate fears have seen investors continue to rotate out of Tech and hunt for new opportunities.     In this week’s wrap, Jessica covers:   (0:40) Why investors may continue to move out of Tech (1:18) What to expect in this eco...

Following US equities rise overnight, the Aussie share market is set to open higher, with the futures suggesting a rise of 0.67% or 7021 points.  What to watch: Recce Pharmaceuticals (ASX:RCE) is set to report their 3Q21 Earnings today.  The Oil price dropped 3.51%. The decline comes after concerns around the demand from India, amid the current wave of COVID-19 infections, as well as the hacking o...

The Aussie share market is set to open lower, with the futures suggesting a 0.4% fall. The Aussie tech sector is following the US.  What to watch today : The iron ore price surged 1.4% overnight to US$218. NAB (ASX:NAB) and Westpac (ASX:WBC) go ex-dividend today, along with Pendal (ASX:PDL). New home sale data is out today for April from the Housing Industry Association (HIA). The most traded stoc...

The Federal Government released its 2021-2022 recovery budget, unveiling funding for infrastructure projects, aged care and defence and intelligence agencies.   Following the US, he Aussie share market is set to drop, with the futures a 0.64% fall.  What to watch today: The Federal Government unveiled its 2021-2022 “recovery budget”. There are three key considerations for ASX investors and compani...

US equities fell overnight with all three benchmarks closing lower, as tech stocks dragged down the market.  Following the US, the Aussie share market is set to drop, with the futures suggesting a 0.73% fall.  What to watch today : New home sales will be released this morning, currently at their highest since 2004.  The Australian budget will be released tonight. Federal Treasurer Josh Frydenberg...

On the eve of the Australian Federal Budget being handed down tomorrow night - with a massive $4 billion injection into infrastructure expected – the Aussie share market futures suggest the market will get off to a slow start this week – the futures suggesting a dip of 0.1%.  What to watch:  Iron ore surged over 3% taking the key steel ingredient off the charts to US$204. Morgan Stanley expects th...

All three US benchmarks rallied on Thursday and US stock futures have opened slightly higher ahead of key April jobs report data.  Given this, the Aussie share market is set to open higher, mirroring US gains with the futures are suggesting a 0.28% rise at the open. What to watch: Australia will publish the April AIG Performance of Services Index, which was previously at 58.7, while the RBA will u...

Aussie share market set to open higher following US equities strong earnings results, with the futures suggesting 0.07% lift.    What to watch today: National Australia Bank (ASX:NAB) reported its H12021 results today. It reported cash earnings of $3.343 billion, which is 35.1% higher compared with H12020. Vehicle mobility solutions business Eclipx Group (ASX:ECX) to report today. The Oil price di...