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

On Stockhead today, renowned investor Tolga Kumova’s exclusive insights into which ASX stocks could be potential life-changers in 2021, the ASX stocks working for Wilson Asset Management, and heavy earths are already moving as the EV sector lifts.

But first…

The day ahead

Investors will be wanting to hear the details of President-Elect Joe Biden’s proposed ‘economic rescue package’ for the American economy.

The package is set to be delivered to the US Congress on Thursday evening, US time, and there is speculation the amount involved could add up to $US2 trillion ($2.5 trillion).

Bond yields, the effective rate of interest, on 10-year US Treasuries went up to 1.1 per cent ahead of Biden’s speech, and were trading at 0.9 per cent last week.

Higher bond rates could start to impact prices for alternative assets such as gold or cryptocurrencies which have already been unsettled this week.

TRADING HALTS

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

Friday:

Sagalio Energy (ASX:SAN) – price query
Prominence Energy (ASX:PRM) – capital raising
Global Oil & Gas (ASX:GLV) – capital raising
Whitebark Energy (ASX:WBE) – investment outcome
DiscovEx Resources (ASX:DCX) – capital raising & acquisition
Galileo Mining (ASX:GAL) – price query

Monday:

Shekel Brainweigh (ASX:SBW) – capital raising

MARKETS

Gold: $US1,855.01 ($2,387.40) (+0.56%)

Silver: $US25.60 ($32.95) (+2.70%)

Oil (WTI): $US53.14 (+1.70%)

Oil (Brent): $US56.53 (+1.56%)

Coal: $US85.00 (+0.00%)

Iron 62pc Fe: $US169.33 (+0.20%)

AUD/USD: $US0.7772 (+0.97%)

Bitcoin: $US34,304.29 (+9.00%)

What got you talking yesterday

Readers were discussing Strike Energy’s (ASX:STX) production suspension of its West Erregulla-3 gas well in the Perth Basin and its implications for the company, and they liked another gas story, this time on the boost to revenue for Australian gas companies from 11-year high LNG prices.

Monday’s upcoming float of CAR T cell therapy company Chimeric Therapeutics (ASX:CHM) after its $35m IPO is keenly awaited by ASX investors.

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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 winners

Stocks highlighted in yellow made market moving announcements

Code	Company	Price	%	Volume	Mkt Cap
YPB	YPB Group	0.004	100	234834638	8456717.958
NC6	Nanollose	0.135	75	23477423	9143680.315
ODY	Odyssey Gold	0.069	60	32414114	19458809.57
SHE	Stonehorse Energy	0.025	39	36762931	7108016.148
ASN	Anson Resources	0.061	30	84818870	40865543.17
AVA	AVA Risk Group	0.645	29	6306707	120689701
OCC	Orthocell	0.585	27	15170380	85278000.22
RFN	Reffind	0.0025	25	27040221	3364873.406
SRZ	Stellar Resources	0.021	24	1309855	11185693.46
SYA	Sayona Mining	0.044	22	313709219	122257106.6
REZ	Resourc & En Grp	0.057	21	16672304	20288997.08
PRL	Province Resources	0.019	19	10779324	10736305.86
VMT	Vmoto	0.485	18	2819380	113712481.2
HLX	Helix Resources	0.013	18	16144644	8735319.208
ATH	Alterity Therap	0.04	18	60611239	69052299.25
PF1	Pathfinder Resources	0.335	18	1068798	14171394.15
SOR	Strategic Elements	0.475	17	34203981	153243855.9
PEC	Perpetual Res	0.069	17	4723974	26433675.78
RHI	Red Hill Iron	0.35	17	11428	17963444.7
DLC	Delecta Limited	0.007	17	11931106	6051727.23

Yesterday’s losers

Code	Company	Price	%	Volume
ANL	Amani Gold Ltd	0.001	-33	12908267
CCE	Carnegie Cln Energy	0.001	-33	26622
PCL	Pancontinental Oil	0.001	-33	100000
RMX	Red Mount Min Ltd	0.013	-28	25072308
DTR	Dateline Resources	0.002	-20	1035000
MXR	Maximus Resources	0.155	-16	3981476
AVW	Avira Resources Ltd	0.007	-13	10238
MAY	Melbana Energy Ltd	0.011	-8	207268
PIN	Pinchme.Com	0.04	-7	80000
LCT	Living Cell Tech.	0.014	-7	356378