On Stockhead today, how to trade and profit from volatility, should we worry about low metals inventories, and four key investing principles for long-term success.

But first, the day ahead. And we’ll be waking up to some goodies:

  • EU’s European Central Bank interest rates decision
  • US GDP for Q3
  • US initial jobless claims
  • US real consumer spending

That lot could go anywhere.

 

TRADING HALTS

The following companies went into trading halts yesterday and are expected out in the next few days:

Cobre (ASX:CBE) – Cobre’s got some new results from its Ngami Copper Project in the Kalahari Copper Belt in Botswana.

Red River Resources (ASX:RVR) – Material update from Thalanga Operations and news of a review of company finances.

Brightstar Resources (ASX:BTR) – Capital raise via a placement to sophisticated investors.

Eureka Group Holdings (ASX: EGH) – Capital raise and a material acquisition.

Argent Minerals (ASX:ARD) – Capital raise and a material acquisition.

Ookami (ASX:OOK) – Capital raise and a project acquisition.

Albion Resources (ASX:ALB) – Capital raise.

Polymetals Resources (ASX:POL) – Capital raise.

Emyria (ASX:EMD) – Capital raise.

Botanix Pharmaceuticals (ASX:BOT) – Capital raise.

EQ Resources (ASX:EQR) – Capital raise.

Okapi Resources (ASX:OKR) – Capital raise.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,670.67 (+1.15%)

Silver: $US19.62 (+1.45%)

Nickel (3mth): $US22,322/t (+0.33%)

Copper (3mth): $US7,523/t (-0.44%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, OCT 19): $US72,875/t (+111.6% year-to-date)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, OCT 19): $US71,900/t (+151.9% year-to-date)

Oil (WTI): $US85.45 (+0.14%)

Oil (Brent): $US93.71 (+0.25%)

Iron 62pc Fe: $US94.00 (-1.57%)

AUD/USD: 0.64758 (+1.47%)

Bitcoin: $US20,684.50 (+2.46%)

 

WHAT GOT YOU TALKING YESTERDAY?

Something about web3, something about flying cars. We’re in:

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.

 

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks

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

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Koba Resources (ASX:KOB), which announced that it’s staked a high-quality lithium-pegmatite project along strike from Canada’s fabulous Tanco Mine, where lithium reserves comprise 7.3Mt @ 2.76% Li2O1.

KOB’s Whitlock Project is also close to three other solid holes with lithium in them. KOB announced it had staked Whitlock shortly after 9:10am, it’s price went bananas-ballistic for 90 minutes, before trading was paused and eventually halted altogether by the company.

But in the short time, KOB climbed $0.15% to $0.26, 136.36% higher than it was at breakfast.

 

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks

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

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