Sunshine Profits

The Gold Futures contract gained 0.19% on Monday, as it remained close to short-term highs. The market bounced off following the recent decline after Thursday's Fed Chair Powell speech. Gold...

The Fed is adopting a new strategy that opens the door for higher inflationThe change is fundamentally positive for gold prices. So, it happened! In line with market expectations, the Fed has changed...

Higher stock prices every day – or so it seems. And understandably so, given Fed's inflation tolerance, and regardless of consumer confidence taking an earlier hit. With the stimulus bill still...

Jubilant bulls stampede over the Fed's predictably dovish messaging – not that the central bank had (m)any other real options to begin with. The rip-your-face-off rally that I called for a few...

Over the past few months, we have focused—for obvious reasons—on the pandemic and the resulting economic crisis. However, there are other important events that may substantially affect the...

Wednesday was another day of strong gains in stocks. Where is that elusive top? Will there be one? Given the limited manoeuvring room of the Fed and its rising balance sheet, I am not expecting any...

The gold futures contract gained 1.53% on Wednesday, as it retraced most of Monday's-Tuesday's decline. However, the yellow metal continued to trade within a short-term consolidation following...

The epidemiological outlook improves, while the U.S. stock market reaches one record high after another. But the key question today for the gold investors is: what will Powell say?The U.S. stock...

Stocks extended gains on Tuesday, leaving the top-callers frustrated yet again. Just as I wrote yesterday, with new all-time highs being made again, it's hard to turn bearish at this juncture as most...

The gold futures contract lost 0.83% on Tuesday, as it extended its short-term consolidation following recent decline below $2,000 price level. Gold reversed lower on August 7 after much better...

The gold futures contract lost 0.40% on Monday, as yellow metal extended its short-term consolidation following the recent decline below $2,000 price level. Gold reversed lower on August 7 after...

July FOMC minutes hit the gold prices. But what's next for the yellow metal?The key event last week was the publication of the minutes from the FOMC meeting in July. After their release, the U.S....

Friday's upswing took stocks to the all-time highs again, and the tech sector was in the driver's seat. Healthcare and consumer discretionaries also did well, but that's far from enough as the market...

The gold futures contract gained just 0.03% on Friday, as it traded within a short-term consolidation following the recent decline below $2,000 price level. Gold reversed lower on August 7...

In a response to the coronavirus crisis, the Fed has already cut interest rates to zero and implemented quantitative easing. But that’s not enough and the U.S. central bankers are now talking...

Stocks had the perfect excuse to decline based on the Fed's guarded tone and no yield curve control around the corner. But apart from the late Wednesday selloff, they didn't. Yesterday's early U.S....