Sunshine Profits

The S&P 500 index broke slightly below the 4,500 mark on Friday, but it bounced from that support level again. Is this a bottoming pattern?The broad stock market index lost 0.84% on Friday...

The dollar looks poised for another rally, to gold’s dismay. So, what’s the price target for the greenback over the winter months?While the consensus across the financial markets...

The S&P 500 bounced from the 4,500 level on Thursday as it retraced most of its Wednesday’s sell-off. Was it a reversal or just another upward correction?The broad stock market index gained...

Entry triggered! The price rallies to the moon, but you don’t want to cash out “just yet.” Am I right? So, let’s see how to prevent hard landing.There are obviously several...

After the miners' recent confirmed breakdown, gold is also showing signs of the same. Silver ain’t doing better.Breakdowns are important. Confirmed breakdowns are even more so. Mining stocks...

The hawkish revolution continues. Powell, among the screams of monetary doves, suggested this week that tapering could be accelerated in December.People live unaware that an epic battle between good...

Stock prices were volatile on Tuesday, as the S&P 500 fell to the new local low. But today it may rebound again.Will Downtrend Continue?The S&P 500 index lost 1.90% on Tuesday, Nov. 30. The...

You see a commodity going down, then it reverses and starts teasing you with an upward move, only to end up declining further. Is this the case now?I started my analysis yesterday with a question that...

Let’s start today’s analysis with a question that I just received: "Now that gold, silver and the miners are oversold, what kind of a bounce do you expect? Why not take profits and...

Oops! Gold did it again and declined below $1,800 last week. What’s happening in the gold market?Did you enjoy your roast turkey? I hope so, and I hope that its taste – and Thanksgiving in...

Even though the technicals have been predicting this for several months, people were still taken aback by gold’s fall — that’s why they are booing.While the precious metals received...

The S&P 500 sold off on Friday after news about the new COVID variant. Today, we will likely see a rebound, but the short-term picture remains bearish.The S&P 500 index lost 2.27% on Friday,...

It appears that the U.S. markets didn’t find the Thanksgiving turkey very tasty this year. CBOE Volatility S&P 500 Index (VIX) Futures (daily chart) With the “indicator of fear”...

The S&P 500 continues to fluctuate along the 4,700 level. So is this a topping pattern or just a flat correction before another leg up?The S&P 500 index extended its Monday’s decline...

As expected, after the applauded increase, gold fell. But will it manage to bounce off the bottom or rather slide lower?Today’s analysis is going to be all about gold, and for a good reason....

With Fed Chairman Jerome Powell officially reappointed for a second term and Fed Governor Lael Brainard promoted to Vice-Chair, the chess pieces are now in place atop the FOMC. However, with inflation...