Sunshine Profits

Silver has been a major underperformer in recent months, as the white metal proved no match for higher real yields and a stronger USD Index.With silver gunning for its 2023 lows, the recent...

New yearly low in the GDXJ, plunging silver prices, and louder questions about the upcoming bottom. Let’s start.Yesterday’s session was the first one that we saw this year when the GDXJ...

Despite all of the fundamental components in place for a rally, gold remained relatively weak on Sep. 28. A beautiful setup was wasted on Sep. 28, as gold showed no strength despite weakness from US...

S&P 500 bounced from a new low yesterday, but was it a bottom?The S&P 500 index gained 0.02% on Wednesday, as it went sideways following an intraday rebound from a new medium-term low of...

The precious metals sector was likely to decline, and that’s exactly what it did yesterday. The USD Index soared once again, as we expected.Let’s analyze what happened in gold prices,...

 I warned the miners were weak, and they again buckled under the pressure.As a result, yesterday’s comments remain up to date, and I encourage you to read them to understand what should...

With the fundamental roadblocks adding up, silver confronts a bearish outlook at nearly every turn.With the FOMC’s hawked-up SEP and Powell’s inflation focus upending several risk assets,...

A reversal can be powerful. Two are often a game-changers. We just saw three.I wrote earier: The momentum remains positive, so reaching this target – close to $1,965 – might be what...

Reversals ARE important, especially when confirmed by high volume. Thursday’s reversal in Gold worked – it rallied, just as I had warned.The funniest thing about this rally is that it has...

The S&P 500 index gained 0.84% on Thursday as it broke above the recent local high. The market was advancing after the important Wednesday’s CPI and Thursday’s PPI releases. Recently...

While the crowd believed the Fed when it proclaimed inflation was contained, another mistake is unfolding as we speak. Throughout 2021, investors were soothed by the Fed’s nonchalant...

What a beautiful nothing! Nothing really happened on the markets on Friday, but due to the context of the previous days’ actions, it was profound.The thing is that it was a day when markets took...

Stock prices may extend their two-month-long consolidation The S&P 500 will likely get closer to the 4,400 level again In my opinion, the short-term outlook is still bullish The S&P 500 Index...

The breakdown below the rising trend channel was followed by a decline that was big enough to confirm it, even though it was just the second close below it.That’s right, even though this...

The S&P 500 index gained 0.38% yesterday as it extended its Tuesday’s advance of 1.5%. The market is gaining following worse-than-economic data amidst reduced pressure for further monetary...

The global Oil and Gas markets are experiencing significant fluctuations due to various factors, including production starts, labor strikes, and economic concerns.Eni Starts Production in Côte...