ASX markets are holding steady in Thursday trade, with steady gains and no major (new) catalysts as at 12pm EST.

But first, to the Global Vision church in Tennessee, where Reverend Greg Locke is on a witch hunt.

The firebrand preacher (who divorced his wife and married his secretary in 2018), went off in a recent sermon where he flagged personal conversations with “demons” had revealed the existence of six witches in the church congregation.

Adding to the drama last Sunday, he said three of those witches were “in this room right now”.

Here’s Locke saying stuff like, “look me in my eyeballs we ain’t afraid of you, you stinkin’ witch”, if you’re into that sort of thing:

Back in the real world on markets, local stocks pushed higher on Thursday with stronger gains at the big end of town.

Gold stocks caught a bid as the precious metal pushes towards US$1,900 an ounce, while the iron ore majors also gained ground.

Overnight in the US, tech heavyweight Nvidia beat analyst expectations on revenues and earnings per share.

Elsewhere on local markets, Wesfarmers tumbled after cutting its dividend following an earnings drop.

But bookmaker Tabcorp jumped to a four-year high after reporting a strong rebound in trading activity.

In both the US and Australia, February reporting season is giving investors an opportunity to gauge the strength of company earnings in a rising inflation environment.

And still lingering just below surface level is Uncle Vlad, with geo-political fears of a Ukraine invasion by Russia still high on the investor agenda:

https://twitter.com/mnskymoment/status/1493875196771581955

ASX SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for February 17 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Market Cap
LKO Lakes Blue Energy 0.0015 50% $43,270,176
BNR Bulletin Res Ltd 0.16 39% $31,919,121
BBL Brisbane Broncos 0.805 28% $61,520,496
CCE Carnegie Cln Energy 0.0025 25% $30,205,147
TMX Terrain Minerals 0.0085 21% $5,150,327
AD1 AD1 Holdings Limited 0.023 21% $12,840,473
VPR Volt Power Group 0.003 20% $23,361,334
GL1 Globallith 1.55 17% $179,679,158
9SP 9 Spokes Int Limited 0.007 17% $8,960,023
ARE Argonaut Resources 0.0035 17% $10,818,614
RIM Rimfire Pacific 0.007 17% $10,837,468
X2M X2M Connect Limited 0.15 15% $9,189,746
MGL Magontec Limited 0.45 14% $30,308,038
SLM Solismineralsltd 0.35 13% $9,785,150
CTO Citigold Corp Ltd 0.009 13% $22,669,273
TSC Twenty Seven Co. Ltd 0.0045 13% $10,643,256
SRI Sipa Resources Ltd 0.055 12% $10,046,215
NWH NRW Holdings Limited 1.935 12% $787,235,697
BRV Big River Gold Ltd 0.3 11% $59,457,150
DOU Douugh Limited 0.05 11% $24,357,008
RBR RBR Group Ltd 0.005 11% $5,768,910
RC1 Redcastle Resources 0.021 11% $5,429,899
TYM Tymlez Group 0.042 11% $37,500,358
SIS Simble Solutions 0.032 10% $9,859,179
DAL Dalaroometalsltd 0.16 10% $3,944,000
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Australia’s only listed sporting team took centre stage this morning, as shares in the Brisbane Broncos (ASX:BBL) ripped higher by almost 30% on no news.

It marks a notable move for the NRL team, which was struggling for traction following the release of a profit guidance statement of February 8.

Among stocks with news, gains were led by yet another lithium play as Bulletin Resources (ASX:BNR) leapt higher after flagging high-grade lithium mineralisation at its Ravensthorpe project.

Get the full resources wrap here.

Outside of mining news, software company AD1 Holdings (ASX:AD1) led the pack, after announcing its US subsidiary had signed a “12-month pilot with the US Department of Labor that represents a potential lifetime value of approximately $250,000”

The company said it also has a US sales pipeline “comprising 10+prospects concentrated primarily in the corporate and government space”.

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for February 17 [intraday]:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Market Cap
OMX Orangeminerals 0.14 -20.0% $7,213,500
AO1 Assetowl Limited 0.004 -20.0% $4,623,912
CUP Countplus Limited 0.75 -14.8% $100,515,852
ARO Astro Resources NL 0.006 -14.3% $32,936,689
SOP Synertec Corporation 0.055 -14.1% $22,871,076
GMN Gold Mountain Ltd 0.013 -13.3% $16,052,238
PRX Prodigy Gold NL 0.026 -13.3% $17,478,828
TD1 Tali Digital Limited 0.023 -11.5% $24,229,551
KFE Kogi Iron Ltd 0.008 -11.1% $11,858,200
MEB Medibio Limited 0.004 -11.1% $9,274,730
OEX Oilex Ltd 0.004 -11.1% $32,008,282
BCB Bowen Coal Limited 0.205 -10.9% $301,960,362
MSI Multistack Internat. 0.041 -10.9% $6,269,981
ITM Itech Minerals Ltd 0.52 -10.3% $51,329,998
QFE Quickfee Limited 0.13 -10.3% $32,219,180
AGS Alliance Resources 0.135 -10.0% $31,202,570
DUN Dundasminerals 0.18 -10.0% $7,222,730
NCR Nucoal Resources Ltd 0.009 -10.0% $7,686,124
RR1 Reach Resources Ltd 0.009 -10.0% $15,940,125
UCM Uscom Limited 0.099 -10.0% $21,611,517
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