Overnight – Silver busts to fresh highs as US closed for Labor day
US stocks were closed overnight. There was little news apart from the precious metals rally
ASX SPI 8886 (-0.01%)
It will be a quiet day for the ASX until the China open around 11am when the materials sector may make a move.
Gold and silver stocks should be well supported
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Is OpenAI the Poster-Child of AI, or the AI Bubble?
You would think that the company that brought us ChatGPT – the one that supposedly aces every math test thrown at it – would be able to do the math on its own business model and cash-flow forecasts. But apparently not.
7 Candlestick Patterns Every Investor Should Know
Candlestick charts, invented by Japanese rice trader Munehisa Homma in the 18th century, are a powerful tool for visualizing price movements and market sentiment. Each candlestick shows an asset’s open, high, low, and close prices for a period, revealing the battle between buyers (bulls) and sellers (bears). Green or white candles indicate bullish closes (close > open), while red or black signal bearish ones (close < open). Understanding these patterns can help predict short-term reversals or continuations, but always confirm with other tools like support/resistance or volume.