Sunshine Profits

The S&P 500 reached another all-time high yesterday. Is this the final one in that trend?Stocks extended their uptrend on Monday, with the S&P 500 index gaining 0.22%, as investor sentiment...

“Whites lead yellow” is one of the sayings about the precious metals market. And the white – silver – is down.That saying describes one of the rules of thumb for the precious...

Trading position (short-term, my opinion; S&P 500 Futures contract): In my opinion, the short-term outlook is neutral, and no positions are currently justified from the risk/reward point of...

So, it happened. The US Dollar Index verified its breakout in a beautiful style.That’s really important for Gold price. This means that pretty much everything that I wrote about it in...

Stock prices slightly extended their uptrend on Friday, but the S&P 500 index closed just 0.08% higher despite recent inflation data that indicated likelihood of easing monetary policy in the...

On Thursday, the stock market extended its short-term uptrend, with the S&P 500 index gaining 0.57% and getting back closer to its recent highs.As mentioned on December 21, “the likely...

Gold miners just moved to fresh 2024 lows, and we saw additional breakdowns.The decline continues, as expected. In yesterday’s analysis, I wrote about breakdowns in various proxies for the...

The stock market retraced most of last week’s decline yesterday as expectations of monetary policy easing quickly resurfaced following remarks from FOMC Members. Yesterday, I noted that...

In my Friday’s intraday Alert, I wrote that the post nonfarm-payroll rally wasn’t here to stay. It didn’t.As is always the case, it’s a good idea to check for...

The stock market began the year on a very weak note, but currently, it appears to be just a correction of December’s advances. The S&P 500 index may also be entering a consolidation after a...

Silver just completed its head and shoulders pattern, and it has very important implications.Yes, they are bearish. Yesterday, I wrote about silver’s potential head-and-shoulders pattern and...

The stock market began the year on a very weak note, but currently, it appears to be just a correction of December’s advances. The S&P 500 index may also be entering a consolidation after a...

On Friday, the S&P 500 index retreated from its Thursday’s local high of 4,793.30. However, by the end of the day, it rebounded from the daily low of around 4,752 and closed just 0.28%...

In my recent gold price forecast for January 2024, I wrote about the most important of the recent technical events in gold (gold’s weekly reversal), and in today’s free analysis,...

The S&P 500 index reached yet another new local high yesterday, briefly surpassing the 4,785 level. Recently, it retraced all of last Wednesday’s sell-off, and yesterday, it was the highest...

The S&P 500 index retraced most of its Wednesday’s decline on Friday, as it went briefly above 4,770 level following lower-than-expected Core PCE Price Index, one of the key inflation...