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

On Stockhead today, medtech stocks are on the radar and one analyst thinks there’s plenty more to come, the competition watchdog says Australia needs more gas and Medusa struggles but it has cash in the bank and a plan to grow.

But first…

The day ahead

Today in economic data keep an eye out for the Westpac Leading Index, monthly skilled vacancies and the Wage Price Index for the December quarter. Thursday is one of the biggest days all month with jobs data including the unemployment rate.

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

Wednesday:

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

Thursday:

Odin Metals (ASX:ODM) – transaction
Citadel Group (ASX:CGL) – capital raising and acquisition
Magnetic Resources (ASX:MAU) – capital raising
Kingwest Resources (ASX:KWR) – capital raising

Markets

Gold: $US1,603.52 ($2,398.33) (+1.16%)

Silver: $US18.23 (+2.99%)

Oil (WTI): $US52.16 (+0.04%)

Oil (Brent): $US57.79 (+0.66%)

Coal: $US68.52 (-3.29%)

Iron 62pc Fe: $US84.86 (-0.33%)

AUD/USD: $US0.6685 (-0.43%)

Bitcoin: $US10,160.91 (+4.96%)

What got you talking yesterday

Yesterday on Twitter and in our Facebook Small and Micro Cap Chat Group it was all about whether the solid run of US-focused betting stocks would continue.

“Both PointsBet and Betmakers should continue to benefit as investors understand the US market is an enormous and emerging opportunity in the making.” $PBH $BET https://t.co/15BRtlNu6J

— Stockhead (@StockheadAU) February 17, 2020

These were the 10 most tipped stocks (weekly) on Stocks in Play:

Yesterday’s winners

Yesterday’s losers