Sunshine Profits

Stocks took a downturn on Thursday, with the S&P 500 index closing 0.74% lower after setting a new record high of 4,341.88 early in the day. Initially, the market rallied on Wednesday’s...

The stock market didn’t do much yesterday, with the S&P 500 index extending a consolidation following run-up last week and closing 0.25% higher. Last Thursday, it reached a new record high...

Friday’s trading session wasn’t a game-changer as the S&P 500 index remained within a short-term consolidation, gaining 0.12%. Last Thursday, it reached a new record high of 5,325.49...

The main stock market indices hit new record highs yesterday, buoyed by improved sentiment after a lower-than-expected Consumer Price Index release. The S&P 500 index gained 1.17%, closing above...

Friday’s trading session didn’t change that much, with the S&P 500 index gaining 0.16% and slightly extending its recent advances. The market reached a new local high of 5,239.66 and...

Stock prices didn’t do much yesterday as the S&P 500 index closed flat vs. its Tuesday’s closing price. However, the market managed to retrace losses after a lower open, resulting in a...

Can the HUGE price move from those years really be repeated?Analogous Situations: 2008, 2022, and NowAs gold continues to move back and forth in the same trading range, I decided to dedicate...

Monday’s trading session was bullish, with the S&P 500 index gaining 1.03% and closing the highest since April 11. Last Friday, the index gained 1.3% following a 0.9% advance on Thursday....

Stocks were advancing on Friday, fueled by Thursday’s earnings release from AAPL and the monthly jobs data that was released before the session opened. The S&P 500 index gained 1.26%...

Yesterday’s trading session was quite volatile and it was to be expected given the FOMC Rate Decision and the Fed Chair Powell’s Press Conference. The S&P 500 rallied after 2:00 p.m....

Both key precious metals moved decisively lower today, which is in perfect tune with their recent price patterns.Current Market ObservationsConsolidations, pauses, and breathers are the same thing...

Monday’s trading session didn’t bring much change for the stock market, with the S&P 500 index gaining 0.32% and slightly extending its last week’s rebound. Yesterday, it was the...

Gold slides once again today, proving that yesterday’s $67 slide was not accidental.Recent Trends in Gold and USD IndexAnd it’s happening without a rally in the USD Index. So, yes, the...

Stock prices sold off on Friday on Middle East tensions as markets feared potential retaliation from Israel following Iran’s attack. The S&P 500 index dropped by 0.88%, falling below 5,000...

Who would have thought that those markets are connected? They are.Unexpected ConnectionsAll right, Bitcoin is an alternative to fiat currencies, just like gold and silver are, but what about tech...

Stock prices kept selling off on Wednesday, with the S&P 500 index closing 0.58% lower and getting near the 5,000 level as the daily low fell at 5,007.25. On Monday, a failed rebound led to...