Desktop Broker TV

The Aussie share market is eyeing a lift of 0.3% at the open.

U.S. equities rallied for the third straight day, looking past the idea that the Presidential election result could be contested, while Trump’s campaign has taken legal action to halt the counting of the ballots in Michigan and Pennsylvania.

What to watch today:

• The NSW border opens to Victoria on November 23, this could support Qantas’ (ASX:QAN) recovery.
• The Australian Government has secured two more potential COVID-19 vaccines, with 40 million doses being developed by biotechnology company Novavax, and 10 million doses being produced by Pfizer and BioNTech. Both vaccines are in stage three trials.
• National Australia Bank (ASX:NAB), Goodman (ASX:GMG) and GWA Group (ASX:GWA) report results today.
• Amcor (ASX:AMC), Ansell (ASX:ANN), Coles (ASX:COL), Downer EDI (ASX:DOW) and Estia Health (ASX:EHE) hold their AGMs today.
• All eyes will be on Flight Centre Travel (ASX:FLT) as travel restriction ease and Treasury Wine Estates (ASX:TWE) on the back of China’s import ban.

Local trading ideas:

• Bell Potter increased Domino's Pizza (ASX:DMP) to a Buy with a price target of $99.30, implying 14% upside.
• Bell Potter upgraded Imdex (ASX:IMD) from a Hold to a Buy, and increased its price target to $1.45, implying 20% upside in a year.
• Keep an eye on Qantas (ASX:QAN) today. UBS has the stock as a Buy with a $5.25 target.
• Pact Group (ASX:PGH), Frontier Digital Ventures (ASX:FDV) and Red 5 (ASX:RED) are all showing bullish charting signals according to Trading Central.