Joe Biden was sworn in as the 46th US President on Wednesday and Wall Street hit all-time highs.

Meanwhile, tiger wrangler/meth connoisseur Joe Exotic – who ran for President as an independent candidate in 2016 — did not get a last minute pardon from outgoing President Don Trump.

They aren’t friends anymore.

The commodity boom keeps booming.

Global oil prices rose on Wednesday.  At ~$US18,000/t the nickel price dances around six-year highs.

Copper consolidated after pounding through the ~US$8,000/t mark in January – its highest point since February 2013.

Following a manic rally past $US170/t, iron ore pulled back (very slightly) after major miner BHP lifted annual production targets.

Battery metals – graphite, lithium, cobalt – are all turning on the burners.

Even gold surged, with the futures price up by US$26.30 an ounce overnight to US$1,866.50 an ounce.

The ASX 200 index was up 37 points to 6,808 by midday.

WINNERS

CODE NAME PRICE % CHANGE VOLUME MARKET CAP
T3D 333D 0.002 100 48314929 $ 1,065,995.76
RIE Riedel Resources 0.032 60 3506166 $ 16,834,121.24
CLZ Classic Minerals 0.0015 50 162540500 $ 17,034,968.31
CTO Citigold Corp 0.019 46 12254870 $ 35,368,751.72
LCL Los Cerros 0.175 46 69141750 $ 56,253,542.64
ALT Analytica 0.004 33 4305000 $ 10,558,837.00
MOZ Mosaic Brands 1.14 30 1602445 $ 85,063,378.40
GGX Gas2Grid 0.005 25 5036326 $ 5,343,987.94
ELT Elementos 0.011 22 6937108 $ 29,216,937.80
AXE Archer Materials 0.92 22 4532645 $ 169,978,092.23
NVX Novonix 2.5 20 5276375 $ 731,360,524.96
ASP Aspermont 0.018 20 16838434 $ 34,633,350.51
IPT Impact Minerals 0.018 20 9342812 $ 26,713,296.62
SEG Sports Ent Grp 0.24 20 14000 $ 46,220,211.20
AZI Alta Zinc 0.006 20 521674 $ 18,053,495.88
JDR Jadar Resources 0.037 19 39179998 $ 20,103,006.23
ZNC Zenith Minerals 0.14 17 219058 $ 35,323,203.60
VIC Victory Mines 0.0035 17 37445778 $ 14,214,758.31
XST Xstate Resources 0.007 17 1139285 $ 10,867,445.39
RFX Redflow 0.036 16 15395353 $ 37,220,356.65
BRV Big River Gold 0.052 16 1482196 $ 68,171,255.10

A 5000m drilling program will kick off late January at Riedel Resources (ASX:RIE) recently acquired high grade Kingman gold project in Arizona.

Colombian explorer Los Cerros (ASX:LCL) just hit a 320m long “porphyry-style”  intersection at the Tesorito South target grading 1.5g/t gold from surface.

Fashion retailer Mosaic Brands (ASX:MOZ) says half earnings are expected to be between $40 million and $45 million.

It also mentioned that “a large number of our frontline team [will be] vaccinated (against COVID-19) by the middle of the year” which is a weird thing to put in an announcement.

The big boys of BNPL are hot again.  Zip (ASX:Z1P) shares have surged to a three-month high – and Afterpay (ASX:APT) has hit an all-time high – after Zip reported strong second-quarter growth, particularly in the US.

LOSERS:

CODE NAME PRICE % CHANGE VOLUME MARKET CAP
ECT Env Clean Tech 0.001 -33 906498 $ 14,401,549.18
AVW Avira Resources 0.055 -31 49629812 $ 11,000,320.00
CIO Connected Io 0.012 -25 3840981 $ 3,967,104.46
HMX Hammer Metals 0.069 -24 39235959 $ 68,166,898.07
WCN White Cliff Minerals 0.029 -22 15181462 $ 19,133,989.41
VUL Vulcan Energy 7.62 -21 2835923 $ 825,883,380.50
DCX Discovex Resources 0.008 -20 25153626 $ 11,961,640.76
MLS Metals Australia 0.002 -20 4010621 $ 10,477,258.94
TPD Talon Petroleum 0.004 -20 4327023 $ 21,758,947.63
GLV Global Oil & Gas 0.015 -17 9857374 $ 11,765,246.51
KNM Kneomedia 0.017 -15 6680009 $ 19,764,933.20
LSH Lifespot Health 0.12 -14 569639 $ 23,585,373.98
MRD Mount Ridley Mines 0.003 -14 1687000 $ 13,598,245.65
REE Rarex 0.12 -14 12859218 $ 57,210,048.56
TSC Twenty Seven Co. 0.006 -14 1928000 $ 14,884,246.16
SOR Strategic Elements 0.7 -14 32487435 $ 350,001,399.18
ENV Enova Mining 0.052 -13 735279 $ 20,319,530.64
CMD Cassius Mining 0.02 -13 27362 $ 6,606,666.97
GEV Global Ene Ven 0.087 -13 1101962 $ 38,697,822.30
ODM Odin Metals 0.027 -13 875038 $ 8,051,299.39
SYA Sayona Mining 0.041 -13 75431669 $ 167,975,032.47