Sunshine Profits

Holiday-style trade, narrow ranges and low volatility have been this week’s theme in the S&P 500 thus far. What is the slow chug leading up to, with Friday's big jobs number?It seems like we...

June was a terrible month for gold. Without a fresh crisis or a strong dovish signal from the Fed, gold may continue its disappointing performance.As the chart below shows, the yellow metal plunged...

Another day, another all-time high seems to have been the prevailing theme lately. Sticking with working strategies and themes may seem challenging, but fighting the tape is not the answer.It can feel...

When credit spreads narrow, it’s bad for gold. But this time there is a silver lining we can look for, although it’s quite adverse for the economy.There are several important factors...

Just before the hunt begins, the hunter needs to be sure its prey feels safe. Will we see a promising short-term rally in gold?After the USD Index reasserted its dominance once again, its bellowing...

As the S&P 500 marches on, the VIX is trading at pre-pandemic levels. Will the fear index remain subdued all summer? Or, could a return of volatility be in the cards?Last week seemed to be...

Home prices are surging, making some investors worry about the housing market. These fears seem to be exaggerated, but bubble-like conditions are widespread.As the chart below shows, the...

Fed Chair Jerome Powell’s testimony to Congress failed in generating a rebound in gold prices; thus, the bearish trend could continue.On Tuesday (June 22), Powell testified before the Select...

The Fed has pumped so much money into the financial system, that the latter started sending it back. How will this and Fed’s more hawkish tone impact gold?With Jerome Powell, Chairman of the...

The recent Fed’s hawkish turn is fundamentally negative for gold prices but there is still some hope.The hawkish counter-revolution within the Fed continues. On Friday, St. Louis Fed President...

Monday gave us a fast snapback rally in the major US indices, with the S&P 500 adding 1.40% and erasing Friday’s losses. What’s on tap for the remainder of this week?Good morning...

Gold sank profoundly on June 17, taking its crew along. While it has the strength to go up for one more breath, other precious metal assets may not be that tough.The Gold Miners While investors...

Are you as glad to see the pullback in the US equity indices as I am? Yes, rates are going up faster. Inflation has been acknowledged at a higher rate by the Fed. So what?!It was no secret that rates...

The newest Fed statement and dot plot indicated a much more hawkish tone among the FOMC members than the markets expected, and gold dropped.On Wednesday, June 16, the FOMC has published its newest...

U.S. GDP has already recovered from the pandemic recession. What’s next for the economy and the gold market?Ladies and gentlemen, the economic crisis has ended. Actually, not only is the...

Is the Fed moving too quickly? Can the equity markets handle a Fed taper without the tantrum? What about inflation? Yesterday’s FOMC statement creates more questions than answers.So, we now know...