Latest stock market news videos & Morning Bell

Morning Bell 18 November

Bell Direct
November 18, 2020

The ASX200 is eyeing a gain of 0.1% at the open.

Tesla will be welcomed to the S&P500 in December, its shares gained 8% on this news.

What to watch today:

  • Following the rally on Wall Street, you might expect buying today in tech, travel, tourism, gambling and bank stocks.
  • Aristocrat (ASX:ALL), ALS (ASX:ALQ) and United Malt Group (ASX:UMG) report results today.
  • Seven Group Holdings (ASX:SVW) and Cromwell Property Group (ASX:CMW) hold their AGMs today.
  • New home sales data and wage price growth is out today for October.

Local trading ideas:

  • Afterpay (ASX:APT) had its Buy rating upgraded by Bell Potter with a new $140 price target, implying 38% upside in a year from yesterday’s close of $95.93. Afterpay held its AGM yesterday noting November is on track for a record month, without giving any details of what that looked like.
  • Adacel Technologies (ASX:ADA), which controls 21% of the world’s airspace traffic management through their technology, had its Buy rating and price target upgraded by Bell Potter to $1.05, implying 50% upside in a year from yesterday’s close of $0.78.
  • Suncorp (ASX:SUN), Element 25 (ASX:E25) and Jumbo Interactive (ASX:JIN) are all showing bullish charting signals according to Trading Central.

October review

Bell Direct
October 27, 2017

Corporate bonds and low rate environment

Bell Direct
October 27, 2017

Weely Wrap 6 October

Bell Direct
October 6, 2017

The PEAD impact on the market in September

Bell Direct
September 28, 2017

Weekly Wrap 8 September

Bell Direct
September 8, 2017

What we saw this reporting season

Bell Direct
August 29, 2017

Weekly Wrap 25 August

Bell Direct
August 25, 2017

Weekly Wrap 18 August

Bell Direct
August 18, 2017

Market Update

Bell Direct
August 16, 2017

Weekly Wrap 11 August

Bell Direct
August 11, 2017

Weekly Wrap 4 August

Bell Direct
August 8, 2017