Rise and Shine: Everything you need to know before the ASX opens

On Stockhead today, Emma writes that while helium’s had a bad run, its balloon might not burst at all… it could even just keep rising…

Aussie ETFs did better last year than privately run fundies to the tune of more than $40 billion. Nadine has the scoop.

Also, XM’s Pete McGuire: Goldman thinks it’s a sure thing, but oil is looking very slippery in the coming months. Welcome back Pete.

And welcome back Peter Farquhar.

And now, the day ahead…

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1920.29 (+1.24%)

Silver: $US24.26 (-2.04%)

Nickel (3mth): $US21,900/t (-0.85%)

Copper (3mth): $US7,850/t (+2.98%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, DEC 28): $US82,075/t (+114.4% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, DEC 28): $US80,650/t (+164.4% year-to-date)

Oil (WTI): $US79.86 (+1.9%)

Oil (Brent): $US85.28  (+1.5%)

Iron 62pc Fe: $US127.00 (+2.42%)

AUD/USD: 0.6976 (+0.06%)

Bitcoin: $US20,863 (+5.31%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND?

Some solid investing tips from Kevin Bambrough, former boss and stock picker at Sprott.

When I get asked for #investing #advice from young people in their 20’s and what they should read etc. Here’s how I typically respond in a thread:

— Kevin Bambrough (@BambroughKevin) January 14, 2023

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

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

WordPress Table

Greenwing Resources (ASX:GW1) cleaned up, Friday.

GW1 are cashed up and there’s a big commitment coming out of a big name in China….

Greenwing says it’s hitting outstanding option payments and can now pay its part in the dev stage of the San Jorge lithium project in Argentina after completing a placement of 21.8 million shares worth $12m to Chinese EV maker NIO.

The lithium brine project consists of 15 granted exploration licences covering 38,000 hectares.

Geophysics has indicated a basin depth of up to 600m while brine samples have returned results of up to 285mg/l lithium.

The project is located in close proximity to large third party resources and mines. It may also be suitable for direct lithium extraction to produce lithium hydroxide.

 

ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

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

WordPress Table