Between the Bells

 The Aussie share market is set to pull back 0.4% at the open if you go by the futures, with Tech stocks likely to pull back the most.    What to watch today: Australia and New Zealand Bank (ASX:ANZ) reported results, with shares likely to lift 0.6%. ANZ half year profits rose 45% to $2.9 billion, supported by an improving economic outlook and an increase in loans. The UK Government are planning o...

The Aussie share market is likely to trade 0.2% higher today with Hydrogen stocks in the limelight.    What to watch today: Australia and New Zealand Bank (ASX:ANZ) is set to report earnings tomorrow, National Australia Bank (ASX:NAB) to report later this week and Commonwealth Bank (ASX:CBA) to report next week.  The RBA meets today with the focus on bond buying as interest rates are expected to r...

The Aussie share market is set to open lower with the futures suggesting a 0.1% slip. It’s a big week for economic news with banks set to report earnings results.    What to watch today: Westpac (ASX:WBC) reported their half year results this morning with statutory net profit of $3.4 billion.  ANZ Bank (ASX:ANZ) reports on Wednesday and National Australia Bank (ASX:NAB) reports on Thursday.  Commo...

 The Aussie share market hit a 14-month high this week and is just 1.3% off its all-time high. With new key themes and opportunities emerging in this bullish market, it's a good time to re-examine the fundamentals. In this week’s wrap, Jessica covers:  (0:23) Why investors are finding the most value in Energy (1:24) What's fuelling mining stocks: record highs and electric vehicle demand...

US equities had a positive night, with all three of the major indices increasing, with the Dow Jones rising 0.7%.  It comes as better than expected economic news came through, as the US economy grew 6.4% in the first quarter, surpassing expectations of 6.1% growth.  Amazon reported that its profits tripled to $8.1 billion.    What to watch today: Despite US equities closing higher, the Aussie shar...

The Aussie share market is set to open 0.26% higher amid optimism for commodity prices. Apple and Facebook exceeded revenue expectations.   What to watch today: The Oil price rose more than 1% off the back of fuel demand optimism. The Gold price gained as the US dollar and US Treasury yields eased following the Fed keeping rates unchanged.  The Copper price hit an all-time high on China demand. Ke...

The futures are suggesting a 0.24% gain today for the Aussie share market – moving past two days of selling.  What to watch today: The Aussie dollar has fallen ever so slightly from its three-year high – making our exports slightly cheaper. The iron ore price rose 0.8% overnight to an almost ten-year high. So in theory it should be a good day for iron ore majors, Fortescue Metals (ASX:FMG), BHP (A...

The Aussie market is set to open 0.1% higher. For the month of April, the Tech sector is up the most while Energy underperforms.    What to watch:  South32 (ASX:S32) doubled its cash in the March quarter while it reported record alumina from Brazil and Australian Manganese year to date.  Bingo (ASX:BIN) agreed to a takeover by Macquarie (ASX:MGQ) for $3.45 per year, minus a $11.70 dividend.  Perth...

The Aussie share market is set to open higher with the futures suggesting a 0.1% lift. Tech and airline stocks will be in focus today.   What to watch:  The Aussie tech sector is up 10% this month, Industrials is 6% and Materials is up 7.2%. Iron ore price continued to increase 0.4% overnight chasing down a new 10-year high. Watch Fortescue Metals Group (ASX:FMG), Magnetite Mines (ASX:MGT) and Min...

The Aussie share market is on pace for its best monthly gain in 6-months. And market volatility is at a 14-month low, as vaccine rollouts ramp up. In this week’s wrap, Jessica covers:  Healthcare & Industrials continuing to see respite after a poor 2020 Champion Iron (ASX:CIA) outperforming the market, rising 8% Freelancer (ASX:FLN) shining, up 29% Why clean energy investments are in full focu...

The Aussie share market is set to open lower, with the futures suggesting a 0.2% pull back. US equities fell into the red overnight.    What to watch:  Gold price moved 0.1% to US$1,784 Stocks and securities with a green focus as the Global Climate Action summit wraps up. Keep an eye on Hydrogen stocks like Fortescue Metals (ASX:FMG), Province Resource (ASX:PRL), Hazer (ASX:HZR), and QEM Limited (...

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 bre...

The Aussie share market is set to open lower, with the futures suggesting the market will fall about 1.23%, to 6911 points. This mirrors Wall Street overnight as US equities fell.  What to watch: There are concerns for the Trans-Tasman travel bubble after an Auckland airport employee who worked cleaning planes, has tested positive for COVID- 19, despite being fully vaccinated. Amid concerns, keep...

The Aussie share market is set to open lower this morning, with the futures suggesting the market will fall 0.45% to 7,018 points.  This comes as US equities slipped from their record levels after the tech sector weighed on the broader market.  US investors remain cautious given the large amount of corporate earnings ahead this week as well as the ongoing vaccine rollout in the US. What to watch t...

The Aussie share market is set to extend last week’s advance and start the week higher, with the futures suggesting the market will lift 0.5% to 7,071 points. This takes the market just 1% away from the record set before the pandemic.    What to watch today: The country’s leaders will be discussing today a reset of the vaccination program, which could lead to people aged over 50 being vaccinated s...

The Aussie share market gained momentum this week, and is within a whisker of the February 2020 all-time high. Could the market hit a new high next week?    In this week’s wrap, Jessica covers:   (0:38) The Tech sector's continued bounce back as bond yields fall (1:05) The trifecta of better than expected economic news (1:36) Mineral Resources (ASX:MIN) rising 10%, following iron ore & li...

US stocks smashed records this morning. The Dow Jones closed over 34,000 points for the first time. The S&P500 was up 1.1% to another new record, while the Nasdaq lifted 1.3%, setting a new record high.    What to watch today: The Aussie market is breathing down the neck of an all-time high - we’re 1.5% away.  Afterpay (ASX:APT) is seeing buy orders lining up. Zip (ASX:Z1P) shares are also lik...

Aussie share market is in an uptrend, hitting a new 13 month high yesterday. All eyes will be on tech stocks today.    What to watch today:   Zip (ASX:Z1P) is one to watch today as yesterday Citi stamped the stock as buy with a $11.30 target. The company entered into trading halt pending a capital raising. Qantas (ASX:QAN) to get back to 90% capacity in fourth quarter of this year, compared to 25%...

  US stocks closed mostly higher as bond yields fell, which is supportive of equities. The Aussie market is expected to lift 0.3% or 19 points at the open.    What to watch today:   Tech stocks are expected to shine the most as bonds yield fell from their 12-month high to 1.71%, making tech stocks look far more attractive. Zip (ASX:Z1P) will be traded a lot today, as it jumped 17% yesterday after...

Vaccine talks will dominate local headlines today for two reasons - the Federal government has taken the J&J vaccine off the table and ScoMo has said that Aussies will likely not receive a vaccine by the end of year.    This means travel and tourism stocks will be back in focus, in particular Qantas (ASX:QAN), as the company planned to initially resume international flights in October as Austr...

The Aussie share market is set to start the week higher. The futures are suggesting a gain of 0.1% which will rub out Friday’s fall.    US equities closed at new records at the weekend with almost half of the US population receiving their first vaccine.   What to watch today: Vaccine news – Pressure has been put on ScoMo for when Australians will receive their first dose.  Economic news: New home...

After three straight weeks of growth, the Aussie share market hit its highest level in 13 months.    In this week’s wrap, Jessica covers:   (0:40) Why the bulls are back (1:05) The Tech sector's 7% rise; Afterpay (ASX:APT) & Zip (ASX:Z1P) post strong gains (1:30) Why bank stocks got a boost this week (2:03) Whether EML Payments (ASX:EML) and Afterpay (ASX:APT) have more room to grow (3:50...

The Aussie share market is in a bullish breakout uptrend, just a 3% puff away from the record high – hit in February 2020.    Overnight US tech stocks put their foot on the gas – with investors buying back into stay at home economy stocks .    What to watch today:  Local stay at home economy tech stocks are set to thrive. Keep a watch on EML Payments (ASX:EML) which has already gained 17% this wee...

Yesterday the Aussie share market rose for the 4th day, closing at its highest level since the pandemic – 6,928 points. Today, the futures are suggesting we’ll get closer to that all-time high of over 7,000 points, and lift 0.5%.   Of significance overnight, the US Federal Reserve reflected on the improved economic outlook, and also that the US Central Bank would continue to buy bonds until employ...

Yesterday we saw the Aussie market hit a 6-week high after rising for three days and lifting 0.8% - attempting to play catch up with global equities. Today, the futures are suggesting a small lift of 0.04%. The IMF raised global growth forecasts from 5.2% to 6%. That’s the quickest growth rate since 1980. For Australia it sees our economy growing at 4.5%. What to watch today Today traders and inve...