Sunshine Profits

Stocks closed at a local low yesterday, but today the market will likely be trying to retrace the decline. So, is the S&P 500heading lower soon?The broad stock market index lost 0.46% yesterday as...

Easy come, easy go. The yellow metal rallied on Friday just to plunge on Tuesday. What’s your next move, Mr. Gold?Ugh, the recent rally in gold prices was really short lived. As the chart below...

As signs point toward a recovering US economy, Fed Chair Powell is still pushing his transitory narrative. Is high inflation temporary?With inflation burning throughout the U.S. economy and the Fed...

Stocks backed off from last week’s high yesterday, as investor sentiment worsened following Friday’s jobs data. But more downside may be coming.The broad stock market index lost 0.34% on...

“I’ve got you in my sights.” The USDX heard that a lot over the last two weeks. While it was bullish for gold, the dollar might take revenge soon.With Fed Chairman Jerome Powell...

After a disappointing nonfarm payrolls report if the Fed postpones the tapering announcement considerably, gold might be able to rally for longer.They say that September is a good time for gold....

Inflation has risen, but bond yields have declined. Such a divergence is strange — beware gold bulls!Would you like to see something mysterious? If yes, please look at the chart below. It shows...

If the USDX and U.S. Treasury Yields benefit from disappointing payrolls, what will that bode for gold and the rest of the precious metals?With the Delta variant upending global economic activity, the...

The U.S. Labor Day is almost here, and thus the time for gold’s rally is running out. Tick-tock, tick-tock…and then the party stops.Chart analysis is a very interesting activity. You need...

In yesterday’s analysis, I emphasized that Friday’s event-driven news was… well, exactly that. And nothing more than that. As such, it was unlikely to be a beginning of a new...

Jackson Hole is over—we left it in the rearview mirror. Gold moved higher in an immediate reaction, but bullish joy may be premature.The 2021 Jackson Hole Economic Symposium “Macroeconomic...

When the Fed entices grown up kids with sweet words, they hit the candy store and stock up on gold, silver, and stocks. A sugar hangover follows.Beware of the candyman!With Fed Chairman Jerome Powell...

August marks the 50th anniversary of Nixon’s closure of the gold window, the end of the gold standard that still affects the global economy.It’s been 50 years since one of the most...

The best gamer always emerges victorious from a duel, racking up his win streak. However, being this conspicuous – who doesn’t want to take him down?The same is the case with the S&P...

Gold prices fluctuate around $1,800, waiting for signals from the Fed at Jackson Hole. Which way will we go after the conference?Finally! The price of gold returned above $1,800 this week, as the...

Stocks changed little on Tuesday, but the S&P 500 reached a new record high. Is the market able to break above 4,500? Or, is it running low on fuel?The S&P 500 index gained 0.15% on Tuesday,...