Bell Direct

19/05/2026

Wall St extended its losing streak to a third straight session overnight as rising bond yields weighed on investor sentiment 📉

🔻 S&P500: -0.67%
🔻 Dow Jones: -0.65%
🔻 Nasdaq: -0.84%

The ASX looks set to follow suit, with SPI futures pointing to a 0.5% decline at the open.

In commodities:

🛢 Crude Oil: US$104/bbl
🥇 Gold: -1.8%
🥈 Silver: -4.5%
⛏ Iron Ore: US$110/t

Stock in focus: Temple & Webster (ASX:TPW)
Bell Potter maintained a Buy rating with a $7 price target, citing near-term risks but continued long-term valuation support.

18/05/2026

Wall St hit the brakes overnight as tech stocks led a pullback 📉

🔹 S&P 500 slipped 0.07%
🔹 Nasdaq fell 0.51%
🔹 Dow Jones edged 0.32% higher

Meanwhile, the ASX looks set for a strong rebound, with SPI futures pointing to a 1.1% jump at the open 🇦🇺📈

Commodities stayed active overnight:
🛢️ Oil +1.5%
🥇 Gold +0.8%
🥈 Silver +4.0%

💡 Bell Potter Trading Idea:

ALS (ASX: ALQ) — Buy
🎯 12-month price target: $26

Bell Potter maintained its Buy rating after strong FY26 results, including:

✔️ 19.3% YoY uEBIT growth
✔️ 8.4% organic revenue growth

Markets Finance BellPot

17/05/2026

Wall St closed lower to finish the week as investors took profits from the record-breaking chip rally, while the US-China summit delivered little fresh momentum 📉

🔻 S&P500 -1.24%
🔻 Nasdaq -1.54%
🔻 Dow Jones -1.04%

Locally, the ASX looks set for a weaker start, with SPI futures pointing to a 0.4% fall at the open.

Meanwhile, Bell Potter has maintained a Buy rating on TechnologyOne (ASX:TNE) and lifted its 12-month price target to $32.25 ahead of next week’s 1HFY26 results, with ARR growth expected to outperform forecasts.

Commodities snapshot:
🛢 Oil: US$106.40 (+1.0%)
🥇 Gold: US$4,547 (+0.0%)
🥈 Silver: US$76.75 (+1.3%)
⛏ Iron Ore: US$110.80 (-0.3%)

Markets Finance Trading

15/05/2026

Markets moved in two directions this week as Australia’s federal budget pressured banks and property-linked stocks, while strong US earnings and accelerating AI demand drove global markets higher.

In this week’s Weekly Wrap, Bell Financial Group (ASX:BFG) CIO Will Riggall joins Bell Potter Lead Strategist Rob Crookston to discuss:

• Key federal budget changes and investor implications
• The shift toward income and defensive sectors
• Strong US earnings and ongoing AI momentum
• Commodity strength led by copper and BHP
• The outlook for banks, CSL and opportunities heading into FY26

Watch the full discussion for insights into the key themes shaping markets and portfolios.

https://www.youtube.com/watch?v=pBS3O7KGaP8

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10/05/2026

Wall St finished the week strong 📈

The S&P 500 (+0.84%) and Nasdaq (+1.71%) both closed at fresh record highs after April’s jobs report came in stronger than expected, while the Dow also edged higher.

Locally, the ASX is set for a softer start, with SPI futures pointing to a 0.5% drop at the open 🇦🇺

👀 Stocks on watch:

• ASX:REA — Bell Potter maintains a Buy rating, lifting its price target to $217 after a resilient Q3 update

• ASX:CYC — Bell Potter reiterates Buy following bullish CY26 guidance

Commodities snapshot:
🛢 Oil +3.1%
🥇 Gold -0.6%
⛏ Iron Ore flat

Finance MarketUpdate Trading AustralianShares

08/05/2026

Weekly Wrap 8 May:

Where Bell Potter Securities sees opportunity right now. The RBA's rate increase and how the ASX responded. Plus, how the Aussie economy bounced back from the ongoing oil price volatility.

We saw another week of major moves on the market last week, as continuing volatility in oil prices and the RBA’s 25 basis point rate increase dominated the h...

06/05/2026

Wall St ripped higher overnight after reports the US and Iran are nearing a resolution deal. 📈

🚀 S&P 500 +1.46% — fresh record high
💻 Nasdaq +2.02% — all-time high
🏦 Dow Jones +1.24%

The ASX looks set to follow suit, with SPI futures pointing to a 1.1% gain at the open.

Meanwhile:

🛢 Oil tumbled 6.1%
🥇 Gold jumped 3.0%
⛏ Iron ore climbed 2.1%

Stock watch:
👀 McMillan Shakespeare (ASX:MMS) — Bell Potter Buy, PT $19.90
👀 Life360 (ASX:360) — Bell Potter Buy ahead of next week’s results

05/05/2026

Wall Street rallied overnight as falling oil prices fuelled fresh record highs 📈

🇺🇸 S&P 500 +0.81%
🇺🇸 Nasdaq +1.03%
🇺🇸 Dow Jones +0.73%

Meanwhile, the ASX looks set to rebound at the open, with SPI futures pointing higher after recent losses.

Markets in focus:

🛢 Oil slid 5.0%
🥇 Gold climbed 0.8%
⛏ Iron ore edged higher

Stocks on watch 👀

📌 WiseTech Global (ASX:WTC) — Bell Potter maintains a Buy rating with a $78.75 target

📌 Universal Store Holdings (ASX:UNI) — Buy maintained despite softer consumer conditions

Trading Finance MarketUpdate WTC UNI Nasdaq SP500

04/05/2026

Market update: A rocky start to the week as geopolitical tensions keep the bulls at bay. 📉🔥

Here is what you need to know before the opening bell:

The Global Picture 🌎
Wall Street kicked off the week in the red as escalating Middle East tensions pushed oil prices higher, sparking fresh inflation fears.

Dow Jones: 📉 Down 1.13%
S&P 500: 📉 Down 0.41%
Nasdaq: 📉 Down 0.19%

The Local Outlook 🇦🇺
The ASX is bracing for a tough session. SPI futures are pointing to a 0.8% drop at the open, suggesting our local losing streak isn’t over just yet.

On the Radar: Bell Potter’s Top Picks 🎯

🚗 Eagers Automotive (ASX:APE)
Rating: BUY
Price Target: $29.25
The Scoop: Strategic moves in Canada and a potential surge in BYD and Toyota sales keep the outlook bright.

✨ Minerals 260 (ASX:MI6)
Rating: BUY
Price Target: $1.35
The Scoop: Drilling results at the Bullabulling Gold project are consistently hitting (or beating!) expectations.

Gold Automotive TradingUpdate WealthManagement

03/05/2026

The S&P 500 and Nasdaq just smashed fresh record highs, coming off their best month since 2020. 🚀

Back home, the ASX is looking at a softer start, with futures suggesting a 0.3% dip at the open. 📉

Trading ideas from Bell Potter:

Develop Global (ASX:DVP)
Rating: Buy
Target: $6.60
The Play: All eyes on the upcoming mining operations at Pioneer Dome. Bell Potter is staying bullish on the ex*****on.

Gentrack Group (ASX:GTK)
Rating: Buy
Target: $8.80
The Play: Their acquisition of Dubai Technology Partners is a game-changer, giving them a massive platform for optimisation in aviation tech.

SP500 FinanceNews Wealth

01/05/2026

Weekly Wrap 1 May

US strength continues to lead, but Australia is feeling the pressure.

Strong earnings and a resilient US economy have lifted Wall Street, with mega-cap reporting driving momentum. Meanwhile, local markets softened in April as rising interest rates and persistent inflation weigh on sentiment.

Weekly Wrap 1 May