Sunshine Profits

What Are the Main Fundamentals for Crude Oil to Look At? On Thursday (June 2), oil prices rallied more than one percent after US crude reserves dropped more than expected amid higher demand for fuel,...

In yesterday’s intraday Gold & Silver Trading Alert I said:Just a quick note as things are moving quite fast in the PMs. The GDXJ moved sharply higher after the session started, and at the...

Practically nothing changed on the technical side of things in the precious metals market yesterday or in today’s pre-market trading, so everything that I wrote yesterday remains up-to-date.In...

Stock prices are fluctuating following their last week’s rally. Is this just a pause before another leg up or a short-term topping pattern?The S&P 500 index lost 0.75% on Wednesday as it...

Some analogies in the gold market that may be a hint for investors can be seen right now. If there's a 2008 rerun, what could that mean in the near term?The precious metals market declined yesterday,...

After exiting our profitable long position in the VanEck Junior Gold Miners ETF (NYSE:GDXJ), the focus is now squarely on the short side.However, with recession fears decelerating and optimism...

The markets were closed in the U.S., and we normally do not post anything on the non-market days, but I thought that I’ll make an exception to provide you with a quick heads-up before Tuesday's...

A drop in reserves was slightly bigger than expected, however, the crude oil market remains hesitant to break out. What’s holding it back?Crude oil prices have been progressing very slowly...

0.5% rate hikes in June and July are likely settled. However, with inflation at 8%+, calming prices with such little action is completely unrealistic.While investors continue their countdown until the...

Another day, yet another higher close in the junior miners. And yet another day where profits on our long positions in the latter increased.Since the GDXJ is so close to our profit-take level, in...

Signs point to gold's May rally running out of steam as the US dollar index (USDX) reaches its short-term bottom. But how much stamina is left in the yellow metal? Another day, another higher close in...

The cherry-picked narrative that a recession is just around the corner is a little off the mark. Don’t forget the demand side of the inflation equation.As you’ve read in my (extra)...

The medium-term outlook for the precious metals remains bearish, but does this mean we can’t profit on shorter-term moves? Quite the opposite!Precious metals declined yesterday, and so did the...

While the current pull-back on black gold is fundamentally triggered by different forces, where is the prevailing wind coming from that is pushing prices lower?On Wednesday, the day after Fed Chair...

Junior miners are rallying “slowly but surely,” which means that once again practically everything that I wrote on Monday and yesterday either happened in tune with that or it remains...

Practically everything that I wrote on Monday either happened in tune with that or it remains up-to-date, so today’s technical part will be rather brief.In short, gold reversed Monday's decline...