On Stockhead today, how to pick a multi-bagger, why stocks are unhinged from economic reality, and the world’s first hydrogen-carrying ship powered by hydrogen.

But first…

The day ahead

There’s no key data of note in the Asian session. Later tonight, US traders will be watching for a number of indicators including September retail sales, and the latest University of Michigan consumer confidence survey.

The following companies are in trading halts and are expected to exit in the next couple of days:

Friday:
WhiteHawk (ASX:WHK) – legal orders
Pureprofile (ASX:PPL) – capital raising and debt restructure
Medical Developments International (ASX:MVP) – personnel changes
Recce Pharmaceuticals (ASX:RCE) – human ethics research approval

Monday:

Dubber (ASX:DUB) – capital raising
Perpetual Resources (ASX:PEC) – capital raising
Adriatic Metals (ASX:ADT) – PFS release

Markets

Gold: $US1,907.32 ($2,689.32) (+0.34%)

Silver: $US24.27 ($34.22) (-0.06%)

Oil (WTI): $US40.98 (-0.15%)

Oil (Brent): $US43.17 (-0.35%)

Coal: $US55.77 (+3.28%)

Iron 62pc Fe: $US121.48 (-0.78%)

AUD/USD: $US0.7092 (-0.98%)

Bitcoin: $US11,555.39 (+1.65%)

What got you talking yesterday

Kiwis are about to have their moment of truth when it comes to legal weed, and Stockhead’s Derek Rose provided the full rundown on how ASX cannabis stocks could be affected.

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

Also, be sure to check in at 10.15am each day for our daily 10 at 10 column — a summary of the top winners & losers at the ASX opening using live data.

Yesterday’s winners

Note: Stocks in yellow made market-moving announcements yesterday
Ticker Name Price % Chg Volume
TIG Tigers Realm Coal 0.022 214% 29432572
DME Dome Gold Mines Ltd 0.19 52% 17684
ALT Analytica Limited 0.003 50% 100000
PCL Pancontinental Oil 0.0015 50% 750000
UUV UUV Aquabotix Ltd 0.0015 50% 750000
CWL Consol Financial Hld 0.025 39% 28643161
DOU Douugh Limited 0.22 38% 175388293
MLM Metallica Minerals 0.026 37% 6215373
PM1 Pure Minerals Ltd 0.041 37% 109450486
ARR American Rare Earths 0.135 35% 40062992
ANL Amani Gold Ltd 0.002 33% 3009003
CLZ Classic Min Ltd 0.002 33% 4728334
FPL Fremont Petroleum 0.004 33% 13059498
KP2 Kore Potash PLC 0.016 33% 6723674
HCD Hydrocarbon Dynamic 0.036 33% 4557397
SHO Sportshero Ltd 0.027 29% 1057248
SRN Surefire Rescs NL 0.03 25% 47858323
DAU Dampier Gold Ltd 0.042 24% 17538052
SRZ Stellar Resources 0.018 20% 572000
EFE Eastern Iron 0.012 20% 31278017
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Yesterday’s losers

Note: Stocks in yellow made market-moving announcements yesterday
Code Name Price % Chg Volume
CRM Carbon Minerals Ltd 0.305 -39% 2600
MRD Mount Ridley Mines 0.003 -25% 5928400
NWE Norwest Energy NL 0.003 -25% 4076786
KIS King Island 0.058 -23% 672193
IDZ Indoor Skydive Aust 0.014 -22% 14437538
VPR Volt Power Group 0.002 -20% 1405000
SCU Stemcell United Ltd 0.017 -19% 12201409
AGE Alligator Energy 0.005 -17% 15881675
SAN Sagalio Energy Ltd 0.016 -16% 13395
WEC White Energy Company 0.11 -15% 844
DRX Diatreme Resources 0.011 -15% 10280490
FMS Flinders Mines Ltd 0.041 -15% 1058057
ACW Actinogen Medical 0.024 -14% 11250326
CZN Corazon Ltd 0.003 -14% 182905032
NPM Newpeak Metals 0.003 -14% 2537928
BKY Berkeley Energia Ltd 0.6 -14% 211067
BRU Buru Energy 0.087 -13% 895470
ARE Argonaut Resources 0.007 -13% 56102955
ARO Astro Resources NL 0.007 -13% 7765987
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