Between the Bells

A busy week is on the cards for Australian investors. The RBA is meeting tomorrow with rates to remain on hold, while on Wednesday, first quarter economic data is out for the first time this year, with the market pricing 1.4% growth for the quarter. The Aussie share market is eyeing a subdued start to June, suggesting a 0.4% fall at the open following a cracking close for May, with the ASX200 up 4...

The Aussie share market moves out of bear market territory, hitting a 12-week high on news of further government stimulus and COVID-19 human trials kicking off. The Australian government downgraded JobKeeper dependency, seeing UBS increase its economic forecasts. In this month's wrap, Jessica covers: The three key themes that evolved this month (0:52) COVID-19's worst performer now shine...

Today the Aussie share market is eyeing a 0.3% fall at the open. The ASX200 closed at a 12 week high yesterday, only 18% off its all time February high. What to watch today: Machine learning & voice recognition company, Appen (ASX:APX) holds its AGM today Fruit & vegetable company, Costa Group (ASX:CGC) holds its AGM too Private capital borrowing numbers for April U.S President Trump'...

Aussie share market futures are eyeing a 0.9% lift at the open, following global equities.  U.S and European markets rallied ahead overnight, despite Hong Kong being threatened as a financial hub and now no longer being autonomous from China. Trading ideas for today: Bell Potter upgraded PointsBet (ASX:PBH) as a speculative buy, with a target of $7.00, implying a 31% share price growth from $5.35....

This week, the ASX200 has gained 5.1% and is now 19% off from the February all-time high. But today, the ASX futures point to some profit taking, suggesting a 1.1% fall at the open. What to watch today: ALS (ASX: ALQ) - hands down its full year results AGMS: AMA Group (ASX:AMA) & Spark Infrastructure (ASX:SKI) Amcor (ASX:AMC) goes ex-dividend Aged care companu, Japara Healthcare (ASX:JHC) anno...

Aussie investors will be looking to see if we can extend our rally with the ASX200 set to rise 0.8% today at the open. If we do, we will technically be almost out of a bear market, as the market would be 20% off its all-time February high.  Trading ideas for today: Bell Potter upgraded City Chic Collective’s (ASX:CCX) price target to $3.40, implying a 21% growth from its $2.82 close price yesterda...

Aussies shares are eyeing a 1.2% rise at the open going by the futures, despite global equities closing mixed on Friday amid simmering China-U.S tension.  Two trading ideas for today: Bell Potter upgraded NAB (ASX:NAB) from a hold to a buy with a price target of $17.30, implying 12% yearly growth from its $15.32 close price on Friday.  Australian Finance Group (AFG) issued over 12 million new shar...

As global COVID-19 restrictions ease, the Aussie share market sees a continuation of its April-May bounce back. The oil price climbs to a 10-week high as drivers once again fire up their engines. Lastly, both U.S and Aussie equities enjoy 10-week highs, rising 3% and 2.7% respectively (Mon-Thu). In this week’s wrap, Jessica covers: Energy sector charges up 8%, while Utilities drag 2% (0:44) NRW Ho...

Aussies shares are eyeing a hesitant start today after U.S equities ended lower on Thursday, with investors taking profits and Amazon shares falling 2% after hitting an all-time high in the previous session.  Two trading ideas for today: Bell Potter upgraded Afterpay (ASX:APT) with a $51.50 price target after it announced it surpassed 5 million active U.S customers. AMA Group (AMA) was reiterated...

Aussie shares are eyeing a 0.6% gain at the open, which means we could rise for the 5th straight day extending that new 6-week high set yesterday. Records have been broken on Wall Street with Facebook and Amazon shares soaring to all-time highs.  A trading idea for today, Bell Potter has Australian Agricultural Co (ASX:AAC), as a buy with a price target of $1.40, implying a 26% share price growth...

Aussie equities yesterday popped to a 6-week high after gaining 1.8%, which saw the ASX200 settle 22% up from its March low. But today it looks like some of those profits will be trimmed as Aussie futures suggest a 1.5% fall at the open. It comes as US shares fell into the red in the final hour of trade on the back of news reports that raised concerns about a potential COVID-19 vaccine from Modern...

Aussie equities are set to set for a cracking trading day if you go by the futures, which are suggesting a 2% lift at the open. The three keys reasons are: Moderna, another U.S company, is close to a COVID-19 vaccine after its trial treated 45 people. The U.S central bank chair said he was “highly confident” the economy will claw back from its pullback, but warned it may not fully recover until a...

Aussie equities are set to start the trading week in the right direction, with the futures eyeing a 0.6% lift at the open. A trading idea for today, Bell Potter reiterated Cyclopharm (ASX:CYC) as a buy with a $1.77 price target, implying a 31% share price growth in a year from Friday's close of $1.35.  Investors will be watching Auckland International Airport (ASX:AIA) & Ramsay Health Car...

The Aussie share market was eyeing a 0.9% gain at the open, but will need to rise 1.2% to claw back Monday to Thursday’s fall. Milestones were reached overnight as the oil price saw its biggest jump in 2-weeks with U.S stockpiles falling while demand creeps ahead. A trading idea for today, Bell Potter rose GrainCorp's (ASX:GNC) price target to $4.20, implying a 14% share price growth in a yea...

The Aussie share market futures are suggesting a fall of 1% at the open. Traders will absorb U.S and European equities pairing back and falling into the red, while the oil and gold price pushed ahead overnight. A trading idea for today, Bell Potter rose Emeco's (ASX:EHL) price target to $1.40, implying a 37% share price growth in a year from yesterday’s close of $1.03.  Investors will be watc...

All eyes today are on CBA’s financial results and the unfolding tension between China and Australia, after Beijing banned importing beef from 4 Aussie abattoirs. Looking at the futures, the Australian share market is set for a fall of 1.3% at the open. A trading idea for today: Bell Potter rose Premier Investments' (ASX:PMV) price target to $18.50, implying a 21% share price growth in a year...

The Australian share market is now officially back in bull market territory, after rising 1.3% yesterday, which takes the total rally from the March low to 20%. Today, the futures are suggesting that the market will fall around 0.4% at the open following a mixed session on global markets. What to watch today: Packaging company, Amcor (ASX:AMC) just reported quarterly results noting its integration...

A very busy week is on the cards for Aussie investors this week, awaiting local business and consumer confidence, and unemployment numbers for April. Kicking the week off, the Australian share market futures are eyeing a lift of 0.1% at the open. It comes as global markets pushed higher on Friday as the US unemployment numbers were better than economists expected with 20.5 million Americans losing...

The Australian share market is tipped to nudge 0.1% higher at the open going by the futures. From Monday to Thursday the ASX200 gained 2.3%, so if the market holds these levels, the ASX200 will have made its best weekly gain in 5 weeks. A trading idea for today, IPH (ASX:IPH) was reiterated as a Buy by Bell Potter, expecting share price growth of 17% to $8.50 in a year.  Investors will be watching...

The Aussie share market sees its best weekly gain in five weeks, with the ASX200 gaining 2.3%, the All Ordinaries rising 2.4%, and the Small Ordinaries soaring 3.2% (Monday to Thursday). With the curve flattening, people are taking to the road, steadily increasing both oil demand and the oil price. In this week’s wrap, Jessica covers: I.T leads the charge, up 10% in this week's sectors report...

The Australian share market is sitting with a weekly gain of 2.6% as at Thursday morning before trade, however profits are expected to fall as the futures suggest a 0.9% drop at the open.  A trading idea for today is Altium (ASX:ALU). It had its price target lifted by Bell Potter to $37.50, which implies that the share price will grow 6.2% in a year. Investors will be watching Rio Tinto (ASX:RIO),...

The Australian share market is eyeing a fall of 0.2% at the open going by the futures, with traders awaiting local retail data out today. On overnight markets, global equities, oil and gold all gaining ground. A trading idea for today, A.P Eagers (ASX:APE) was reiterated as a Buy by Bell Potter. Bell Potter says we could see a behavioural shift as consumers are less likely to catch general public...

The Australian share market is set to rise for the second straight day this week, with the futures suggesting a 0.3% gain at the open. This comes as Italy, Finland and some U.S States have eased their lockdowns, fuelling the oil price back above $21 a barrel.  Trading Idea: Westpac (ASX:WBC) was reiterated as a Buy by Bell Potter overnight following the bank's half year results yesterday. Inv...

The Australian share market is eyeing a soft start to the week with the futures suggesting a 0.1% fall at the open. It comes as US equities ended lower on Friday despite Gilead’s COVID-19 vaccine being approved by the US FDA and rolled out to patients in America.  Today investors will be watching Westpac (ASX:WBC), Afterpay (ASX:APT) and Fortescue Metals (ASX:FMG). Building Permits/approvals are o...

The Australian share market is set for a breather today with the futures suggesting the ASX200 could fall 2.2% at the open following global equities. Wall Street investors trimmed profits overnight as weaker economic data came out, while hopes are still high for a COVID-19 vaccine.  Today, investors will be watching Origin Energy (ASX:ORG), Austal (ASX:ASB), ResMed (ASX:RMD) & new home sales f...