Chances are.... Your just burning off old oil and coolant that spilled on your block/exhaust from removing the head.
When dropping the exhaust you could've cracked/bent your bolts to the cat. These bolts are held on by springs where rust is fairly common, weakening the bolts. You could have an exhaust leak by just dropping your exhaust manifold.
When replacing your headgasket, coolant must be flushed immediately before removing the head. Coolant will pour into the crankcase. Causing your radiator cap to collect milk.
Oil must be flushed immediately after a headgasket job, change the filter while your at it.
Arp studs must be installed in correct order. Moly lube on threads > hand tighten > install gasket and dowel pins > then install head > torque arp studs in sequence according to factory specs followed by arp specs.
Arp studs have a recommended 3 torque sequence. An example is 10 in oem pattern, then 20 in oem pattern and then 30 in and then 30 in oem pattern. Remember, this is an example.
Arp studs are one of the great but just like regular head bolts. They can only be retorqued so many times before they need to be replaced. Please refer to arp specs.
Whole your head is off if you wish to reinstall another new headgasket, change your valve stem seals whole the head is off. This will make for a more pleasant experience.
Please purchase a helms/chilton manual for reference or download it off the internet doesn't really matter.
Installing valve stem seals requires a lot of know how and patience. Installing them wrong will warrant removing your cams and springs again because you will be pouring oil into your cylinders if you fucked up.
Let us know how your adventure goes. Good luck.