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

On Stockhead today, is uranium our only hope now, how to not get sucked into a bear market rally, and biotechs with billionaire VCs watching them.

But first, the day ahead.

Local shares are set to open higher today. At 8am AEDT, the ASX 200 July futures is pointing up by 0.55%.

TRADING HALTS

CFOAM Limited (ASX:CFO) – On hold because the company is busy being blown onto the beaches of Australia’s east coast. (Just kidding – there’s news about a corporate transaction and ASX price query).

Lumos Diagnostics Holdings Limited (ASX:LDX) – Announcement about a regulatory update pending.

Kyckr Limited (ASX:KYK) – Response to a general query about how to say the company name (“It’s Kicker. K-Y-C-K-R, Kicker”), plus there’s a corporate transaction looming.

Pancontinental Energy NL (ASX:PCL) – Capital raising.

Estrella Resources (ASX:ESR) – Capital raising.

MARKETS

Gold: $US1,738.12 (-1.49%)

Silver: $US19.18 (-0.06%)

Nickel (3mth): $US21,580/t (+0.67%)

Copper (3mth): $US7,596/t (-0.38%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, June 30): $US69,750/t (0.0% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 30): $US70,875/t (0.0% weekly)

Oil (WTI): $US97.75 (-1.76%)

Oil (Brent): $US99.83 (-2.86%)

Iron 62pc Fe: $US112.38(-1.08%)

AUD/USD: 0.6783 (-0.06%)

Bitcoin: $US20,330  (+0.20%)

WHAT GOT YOU TALKING YESTERDAY?

Well, this is depressing. Barely a like on any of our high quality tweets. We’ll just assume you had a cake in the oven, or was enjoying a nice lie-in.

Bonus – that makes it our choice, and we choose this best stock image from today:

Meeka Gold is striking ‘bonanza’ gold grades in drilling at its Murchison gold project, which is looking very robust heading into a major pre-feasibility study.https://t.co/deh60qKkEj #ad #ASX $MEK

— Stockhead (@StockheadAU) July 6, 2022

Dollar Store Indiana Jones, we salute you and your unsexy rope.

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 at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

YESTERDAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

The Kraken snoozing inside the IT sector rolled on to its side on Wednesday, finding about 3.5% on the back of good money for biggies Megaport  13.5% and Xero which is up about 6%.

But thanks largely to articulate and timely analysis from Eddy ‘Work Now Play Later’ Sunarto, the BNPL people have done pretty well out there.

Sezzle (ASX:SZL), is one tech stock on the grill, salted with a seasonally staggering 35% in the wake of an upgrade from UBS for the entire BNPL sector earlier this week.

And thus swimming up stream, so to speak, is Zip Co (ASX:ZIP) performing like a well-fed, highly motivated salmon with a bladder full of baby BNPLs –  up almost 16%, and hot on the heels of the other 85% it’s lost since the year started.

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Southern Cross Gold (ASX: SXG) really merits heading this list. The explorer has shed more than a quarter of its value after reporting some high-grade hits near-surface as well as some lateral extensions of the Apollo structure at Sunday Creek.

SXG told the market, the high-grade, vein-hosted hits really demonstrate the straight-shooting, horizontal continuity of what SXG reckons is a steeply-plunging shoot. Down 26%.