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:

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: