Sunshine Profits

Tuesday's trading session was mixed; stock prices bounced, but they closed well below the daily highs. The S&P 500 reached a local high of 5,312.34 but closed more than 70 points below that...

The stock market suffered significant declines on Thursday and Friday, and this morning, expectations are very negative after an overnight sell-off in global markets, fueled by turmoil in the Yen and...

It’s the Fed’s interest rate day and the Bank of Japan has just hiked its rates. What’s next?The key thing to remember is that gold (and the rest of the precious metals sector) tends to move...

Stock prices fluctuated yesterday, with the S&P 500 index closing 0.50% lower, extending a short-term consolidation after recent declines. The index approached last week’s local low of 5,390.95...

Stock prices were rebounding on Friday, with the S&P 500 index closing 1.11% higher. However, it closed well below the daily high of 5,488.32, indicating consolidation rather than a change in the...

Stocks fluctuated on Thursday in a big way, with the daily trading range of the S&P 500 index exceeding 100 points. It closed 0.51% lower, indicating ongoing uncertainty and a generally bearish...

What? Shouldn’t gold decline after the rates are lowered? It can, but it can also decline, and the latter is actually more likely. What a crazy idea, right? With the lower cost of money (interest...

Stocks rebounded on Tuesday, with the S&P 500 index reaching a local high of around 5,585 but ultimately closing 0.16% lower after retracing the intraday advance. On Friday, the market set a...

Friday’s trading session was another bearish one, with the S&P 500 index retracing more of its early July advances and closing 0.71% lower. The market kept selling off despite an overnight...

Every now and then, something unlikely happens – but not right now. I wrote that given gold’s high-volume shooting star reversal, it was likely to invalidate its recent breakout any day (or hour)...

Wednesday’s trading session was bearish, with the S&P 500 index closing 1.39% lower after breaking below the 5,600 level. It was led by declines in the tech sector; however, there was a rotation...

Monday’s trading session wasn’t a game-changer, with the S&P 500 index gaining 0.28% after reaching a new record high of 5,666.94. The market essentially kept extending its short-term...

Thursday’s trading session brought declines for the stock market, with the S&P 500 index closing 0.88% lower. It was a typical sell-the-news price action following lower-than-expected consumer...

Stock prices remained unchanged yesterday, with the S&P 500 index gaining 0.07%. However, the broad stock market gauge reached yet another new record high at 5,590.75. Is it getting closer to a...

Friday brought another record-breaking advance for the S&P 500 index as it closed 0.54% higher after reaching a new all-time high of 5,570.33. The stock market is in full bull-run mode ahead of...

Monday’s trading session didn’t change much, with the S&P 500 index gaining 0.27% and extending a short-term consolidation, remaining relatively close to a new record high reached on Friday at...