Sunshine Profits

On Tuesday, President Trump threatened to shut down the government. What does it imply for the gold market?Speaking at rally in Phoenix, Arizona, on Tuesday night, President Donald Trump threatened to...

Although everyone agrees that the electric revolution is looming, there is no consensus about the pace and the detailed form of the upcoming shifts in the automotive industry. In particular, some...

On Wednesday, light crude gained 1.21% after the EIA weekly report showed declines in crude oil and gasoline inventories. As a result, the black gold came back above the lower border of the trend...

Last week, gold failed to effectively breach the $1,300 level. What does it mean for the gold market?On Friday, gold hit intraday $1,306 at Comex, a level not reached since the election. However, the...

Briefly:Intraday trade: The S&P 500 may continue to retrace its Tuesday's move up today. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,460 or 5 points above...

The 2017 Economic Symposium in Jackson Hole, Wyoming, is set to start on Friday. How can it affect the gold market?This week is rather light in terms of incoming economic data. Instead, investors...

Earlier today, the British pound extended losses against the greenback, which pushed GBP/USD to a fresh multi-month low. How low could the exchange rate go in the coming days?EUR/USD Looking at the...

The fact that Bitcoin has recently hit an all-time high has already fueled wild speculation in the market and we are now seeing increased interest in the currency. The mainstream media are now full of...

Last week, the counter-rally against the far-right protest in Charlottesville turned into tragedy. What does it mean for the gold market?As both the Fed and the ECB released the minutes of their last...

Briefly:Intraday trade: Our Friday's neutral intraday outlook has proved accurate. The S&P 500 Index fluctuated within a relatively narrow trading range, following Thursday's sell-off. Thursday's...

Yesterday, the minutes of the ECB’s July meeting were released. What do they say about the ECB stance and what do they mean for the gold market?On Wednesday, the FOMC released minutes from its...

Everyone has probably heard about the upcoming electric car revolution whose vanguard is Tesla Motors (NASDAQ:TSLA) led by Elon Musk. The electric car is actually nothing new – the first...

Although the EIA weekly report showed a larger-than-expected decline in crude oil inventories, the price of the commodity declined sharply after news that U.S. crude oil production increased. Thanks...

On a weak equity tape today one stock that is popping after their quarterly earnings release is China based Alibaba Group Holdings Ltd. (NYSE:BABA).The company, which was founded in 1999 debuted on...

Yesterday, the minutes of the Federal Reserve’s June meeting were released. What do they say about the Fed’s stance and what do they mean for the gold market?How can we summarize the...

The last couple of years and – in particular – the last couple of months were very difficult for gold traders – i.e. they were boring. Despite several huge daily price swings, the...