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