Between the Bells

The Aussie share market is eyeing a muted start with the futures suggesting a 0.1% fall at the open to kick off the new financial year and quarter. Yesterday the ASX200 ended the second quarter of the year up 16.7%, the best quarterly rise since 2009.  Wall Street wrapped up the June quarter on a high with the Dow Jones gaining 17.8%, the best quarterly gain since 1987. What to watch today: Manufa...

The Aussie futures are eyeing a 1.2% lift at the open. Today is the end of financial year, so it could be a volatile day. Wall Street clawed back half of its prior day’s losses on stronger than expected economic data.  After close of trade, Bank of America, Citi, and Goldman announced they’ll keep their dividends the same, following the Fed’s new stress test, while Wells Fargo will have to cut its...

The Aussie futures are suggesting a fall of 1.6% at the open, with the U.S. futures currently down 0.5%. There’s just one more sleep until the end of the financial year, with ASX portfolio adjustments to continue today and tomorrow. Local traders and investors will also be factoring in the poor finish in the U.S. on Friday. The overarching concern is COVID-19 cases are spiking with fears of mandat...

As major developed countries see debt-to-GDP soar 24% in just two months, the true impact of COVID-19 it seems is finally becoming clear. It's not all doom and gloom however, as opportunities are presenting themselves in the seemingly most unlikely of places - Tech. In this month's wrap, Jessica covers: The economic snapshot reflects the grim reality of COVID-19 - (0:11)  Sectors: Tech u...

The Aussie futures are eyeing a 1.2% charge at the open, but local end of financial year selling and the U.S. Fed’s big announcement will keep gains in check, with the U.S. futures already suggesting a hesitant open on Friday. The U.S. Fed made a huge announcement that big banks will have to suspend share buybacks and cap dividend payments at their current level for the quarter. Dividends will onl...

The Aussie share market is eyeing a 1.6% fall at the open. It’s the final countdown, just four trading days remains until the end of the financial year, so tax loss selling of those underperforming stocks is expected to continue. What to watch today: CSL (ASX:CSL) announced it will buy an exclusive global license rights to commercialise an adeno-associated virus (AAV) gene therapy program.  Qantas...

The Aussie share market is eyeing a 3rd day of gains with the futures suggesting a 0.2% lift at the open after global equities charged and ratings agency Moody’s affirmed Australia’s AAA rating. What to watch today: CSR (ASX:CSR) holds its AGM. Following the gold rush, keep an eye on gold companies like Gold Road Resources (ASX:GOR), Newcrest Mining (ASX:NCM), Northern Star Resources (ASX:NST), Ev...

The Aussie share market is eyeing a 0.6% gain at the open after new records were made overnight with the oil price jumping over US$40 for the first time since March.  Investors will be watching: Energy companies like Santos (ASX:STO) which has lower debt than most of its peers, as well as Woodside (ASX:WPL) which has a lot of head room for an acquisition down the track. With copper moving higher,...

State and Federal Governments are divided over reopening the Australian economy with the World Health Organisation warning the pandemic is accelerating. This explains why the Aussie share market futures are suggesting a 1.3% fall at the open. Today, investors will be watching: BHP (ASX:BHP) & Whitehaven Coal (ASX:WHC) following the coal price gain of 1.6%; and New Century Resources (ASX:NCZ) f...

The ASX200 rose 1.5% this week (Mon-Thur), continuing the COVID-19 claw back. With massive infrastructure investment planned in both Australia and the U.S., and global oil prices recovering from their virus induced hangover, investing and trading ideas continue to emerge from the woodwork. In this week’s wrap, Jessica covers: Compare the pair: the U.S. vs the Australian outlook (0:11) High sentime...

The Aussie share market is set for a hesitant start with the futures eyeing a dip of 0.1% at the open.  Investors will be watching:  Splitit (ASX:SPT) rose over 100% after inking a deal with Mastercard. Pre-market trade suggests it could rally 8% at the open.  Afterpay (ASX:APT) became the 22nd biggest company on the ASX, following the RBA announcement that cash payments continued to fall on the b...

The Aussie share market futures are suggesting a 0.6% fall at the open. This means we are likely to trim off the week-to-date gain of 2.53%. COVID-19 cases continued to rise overnight in U.S. states like Arizona and Texas, some of the first to re-open. China has shut down all schools in Beijing and cancelled several domestic flights to slow down the spread of the second wave. Investors will be wat...

The Aussie futures are suggesting a 0.5% gain at the open following yesterday’s gain of 3.9%, the best daily gain in 10 weeks.  U.S. Retail sales skyrocketed 17.5%, 10% more than expected in May. Plus, U.S. President Trump is tipped to be drafting up a $1 trillion infrastructure plan for roads, rail and 5G, which will create jobs for the economy as well.  In Europe, a drug called dexamethasone has...

The Aussie share market futures are suggesting a gain of 2.5% at the open, which will rub out yesterday’s fall of 2.2% and take the ASX200 out of bear market territory which it re-entered yesterday. The Government says we will have to wait two years before the economy is back at preCOVID-19 levels. In that time, the Prime Minister says he’s targeting 3.75% annual economic growth until 2025. Despit...

The Aussie share market is eyeing a lift of 0.4% at the open following commodities rallying on Friday. The Australia Prime Minister is expected to outline details of the Government's JobMaker plan, as well as increased spending on infrastructure projects including the expansion of BHP’s Olympic Dam in South Australia. Investors will be watching Healius (ASX:HLS) and Select Harvest (ASX:SHV)....

With Australian and U.S economic data exceeding expectations, the Aussie share market found itself amidst a 3-month high mid-week. However, a second wave of COVID-19 cases emerging in the U.S has swung the market lower on Thursday and Friday. In this week’s wrap, Jessica covers:  COVID-19 in the U.S: Texas, Florida & Arizona report spikes in hospitalisation (0:33) Three standout stocks (1:22)...

The ASX200 is tipped to see heavy selling today, with the futures suggesting a 3% fall at the open. The second COVID-19 wave hit with the first US states to reopen from lockdown reporting a surge in hospitalisations including Texas, Florida and Arizona.  Local trading ideas: Investors have been lining up to buy two Aussie short ASX ETFs before the open, (ASX:BEAR) and (ASX:BBOZ). Car dealership co...

Aussie equities have gained for 7 straight days and closed at a new 3-month high yesterday, but the futures are suggesting a fall of 1% at the open following the S&P500 and the Dow losing 0.5% and 1% respectively overnight. What to watch today: Kathmandu Holdings (ASX:KMD) received some heavy weight buy in, with fund managers Harbour Asset Management buying 8.3% of its shares. Newcrest Mining...

The ASX200 is eyeing a fall of 1.6% at the open following yesterday's gain of 2.4%, taking the total gain from the March lows to 36%. Trading ideas for today: CSL (ASX:CSL) was reiterated by Citi as a buy with a price target of $334, while UBS targets $335. CSL’s recent success has been in 1- the acquisition of kidney treatment company Vitaeris, 2-the results of phase 2 clinical trial of for...

Aussie equites are eyeing another stellar start to the week, and the 6th straight day of gains with the futures suggesting a 0.7% lift at the open. This lift will push the ASX200 above the 6,000-point milestone. In other smashing news, the Aussie dollar soared to a 11-month high, 70.17 US cents. What to watch today: Air New Zealand (ASX:AIZ) announced plan to start earning healthy profits again, e...

The Aussie share market touches the 6,000pt milestone, hits a 13-week high, and collects a 32% gain from its COVID-19 bottom. Technical trend lines show that significant growth for the ASX200 could be around the corner. In this week’s wrap, Jessica covers: The comeback from COVID-19 (0:15) All sectors rise, iron ore hits a 10-month high, pushing up Aussie export revenue & shares in the iron or...

Investors are tipped to lock in fresh profits with the futures eyeing a dip of 0.2% today after the ASX200 has gained 4% so far this week. The oil price nudged ahead to US$37.41 a barrel with OPEC mulling over extending their production cuts to boost the oil price. The gold price lost $5.90 in value, falling to $1,722. an ounce. Iron ore fell 1.6%, but the price of ore has gone up by 9.4% compared...

The ASX200 is eyeing a lift of 1.2% at the open. This week the Aussie share market has gained 3.2% so far and yesterday closed 31% up from its bear market bottom.  Trading ideas: Metals and mining company South32 (ASX:S32) was upgraded by UBS from a hold to a buy as the company is restarting its share-buy-back, returning money to shareholders.  Citi reiterated Aurizon Holdings (ASX:AZJ) estimating...

Aussie shares look set to rise for the third straight day with the ASX200 expected to lift 0.5% at the open, ahead of Australia’s economic data being released. Trading ideas for today: Following Zip Co’s (ASX:Z1P) 39% gain yesterday after announcing a 90% acquisition of a New York buy now pay later group, as well as raising capital with a major U.S firm, UBS rated Zip Co as a buy. Following Virgin...

The Aussie share market is eyeing a 0.2% gain at the open as investors continue to focus on positivity and global economies reopening. In the U.S, travel and tourism stocks charged, helping the U.S benchmark indices kick off June on a high.  Trading ideas for today: Bell Potter upgraded Agribusiness Elders' (ASX:ELD) price target to $11.85, after the agriculture reporting season was better th...