Sunshine Profits

After flirting with new all-time highs, stocks reversed on the Fed seeing slowing labor market. Volume is slowly returning, prices aren't making material headway, which is lending the stock market a...

CPI rises again in July. But will the inflation dragon take to the air, taking gold with it?The U.S. CPI inflation rate rose 0.6 percent in July, for the second month in a row. The move was driven to...

The gold futures contract gained 0.72% on Tuesday, as yellow metal's price further extended its short-term uptrend after breaking above short-term local highs along $1,970-1,975. It has been...

It could have been. But what is more likely, it could have been the final pre-plunge top in case of the mining stocks. Why? Because the history tends to rhyme, and the verses appear more similar to...

While still trading in a tight range, stock bulls are making steady progress on a daily basis. The slow grind higher just goes on, regardless of a daily weakening in the advance-decline line or...

Trading in a tight range again, stocks are set up for a sizable move – and if you look at the credit markets, I think a break of the February highs is at hand. Don't be taken in by the...

The Gold futures contract gained 2.51% on Monday, as yellow metal's price broke above its short-term local highs along $1,970-1,975. It has been fluctuating following last week's...

Retail sales growth has slowed down. What does it mean for the U.S. economy and the gold market?Retail sales increased 1.2 percent in July. The growth was worse than expected, which hit the U.S. stock...

Refusing to decline or rise intraday, stocks are getting ready for a sizable move. And I think it would be to the upside. But it might not happen without moving lower first, as the flattening VIX...

Everything good comes to an end sooner or later, and no ascent lasts forever as Icarus would confirm. That could very well apply to the current situation around precious metals.Speaking of indications...

The gold futures contract lost 1.05% on Friday, as it fluctuated following Wednesday's-Thursday's bounce from the local low of $1,874.20. The market has retraced some of the recent 10.3% decline off...

Another day, another attempt at the February highs, and the upper knots of S&P 500 candlesticks give the daily chart a bearish look. How justified is that – are stocks about to move...

The disruptions caused by the pandemic of COVID-19 forced people, companies, governments and organizations to challenge their basis assumptions about their ways of life and conduct. Some of them might...

Gold prices plunged on Tuesday. Does it mean the end of the bull market?Tuesday was hot! And I don’t mean the weather. I mean that it was a remarkable day for the precious metals. The price of...

Stocks have yet again approached the all-time highs, but on volume that wasn't this low in months – that's a red flag. The stimulus talks haven't really progressed, but there is no jittery...

From within spitting distance of the all-time highs, stocks forcefully retreated, validating my call of a bear raid being likely to arrive soon. Just as I wrote, the bulls better tread carefully...