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

On Stockhead today, the US sports betting market has made these small caps multi-baggers, gold continued its surge back towards record highs and will China’s post-virus stimulus help or hurt your stock?

But first…

The day ahead

In economic data, keep your eye out for the ANZ-Roy Morgan weekly consumer confidence index. Also the RBA will formally release the minutes of its board meeting a fortnight ago.

The following ASX companies are in trading halts and are expected to exit in the next two trading days:

Tuesday:

Collection House (ASX:CLH) – strategic review
ParaZero (ASX:PRZ) – acquisition
American Pacific Borate (ASX:ABR) – capital raising

Wednesday:

AVZ Minerals (ASX:AVZ) – Special Economic Zone update
Alice Queen (ASX:AQX) – capital raising
Zelira Therapeutics (ASX:ZLD) – capital raising
Vital Metals (ASX:VML) – exploration results
Impact Minerals (ASX:IPT) – capital raising
Pioneer Resources (ASX:PIO) – price and volume query

Markets

Gold: $US1,578.85 ($2,350.28) (-0.20%)

Silver: $US17.81 (+0.53%)

Oil (WTI): $US52.42 (+0.54%)

Oil (Brent): $US57.58 (+0.63%)

Coal: $US70.85 (-0.11%)

Iron 62pc Fe: $US84.86 (-0.33%)

AUD/USD: $US0.6717 (+0.04%)

Bitcoin: $US9,666.30 (-0.92%)

What got you talking yesterday

Our readers like experts’ stock tips. Yesterday we covered a report by Independent Investment Research (IRR) about Pure Minerals (ASX: PM1). The company is seeking to build a battery metals refinery in North Queensland.

Pure Minerals stands a strong chance of attracting a heavyweight financial partner for its Townsville battery metals refinery. 💋https://t.co/bGr2AOh0nD #ad #ASX $PM1

— Stockhead (@StockheadAU) February 17, 2020

These were the most tipped stocks (weekly) on Stocks in Play:

Yesterday’s winners

Yesterday’s losers