Sunshine Profits

Gold’s huge-volume reversal is definitely THE news that got the spotlight last week. What does it mean?Gold’s Final Top?It most likely means that “this is it”. This was the...

The stock market reacted negatively to the latest Consumer Price Index release yesterday, with the S&P 500 index dropping 0.95% and breaking the 5,200 level again. The CPI has been higher than...

We’ve got it! We have the breakout in the USD/JPY pair, and gold – in a completely unsurprising way – declined.And that IS a game-changer, even if many people fail to view it as...

Stock prices kept going sideways yesterday, with the S&P 500 index gaining 0.14% after an intraday dip, followed by a rebound from 5,160 level. The market awaited today’s Consumer Price...

Stock prices were rebounding on Friday, with the S&P 500 index gaining 1.11% and closing above the 5,200 level. The sentiment improved after a better-than-expected monthly jobs data. The market...

Stocks sold off on Thursday, with the S&P 500 index closing 1.23% lower. The intraday decline was quite significant, as the market opened 0.6% above Wednesday’s closing price. The sentiment...

Stocks prices went down on Tuesday as some more pronounced profit-taking action occurred after a relatively flat Monday. The S&P 500 index lost 0.72% yesterday, closing slightly above the 5,200...

After a few years of having no trading positions in gold, I opened a long one.Gold Could Reach $2,300This might seem perplexing for those who read only free analyses from me and didn’t have the...

Stock prices broke their short-term losing streak yesterday, as the S&P 500 index gained 0.86%. Earlier this week, the market kept retracing its last week’s record-breaking rally; however,...

Another attempt, another failure. Let’s start today’s analysis by quoting the last article on black gold: (…) light crude climbed to an intraday high of $82.48 and approached the...

The recent two tops in gold were 9 trading days apart. Just like in 2011, the similarity doesn’t end there.Patterns RepeatingThe shape of the price moves that preceded the 2011 top, as well as...

Friday’s trading session saw little change, with the S&P 500 index remaining near its Thursday closing price (-0.14%). Although the market hit a new record high of 5,261.10 on Thursday, it...

Yesterday’s FOMC Rate Decision release has been a game-changer for the stock market, at least for the short-term. The S&P 500 index has reached a new record high at the level of 5,226.19,...

On Tuesday, crude oil extended gains, but are the bulls strong enough to test higher levels?Technical Picture of Crude Oil Let’s start today’s analysis with the quotes from...

On Friday, the S&P 500 lost almost 0.7%, and yesterday, it gained 0.63%. The market basically continued to trade within a two-week-long consolidation below the previous Friday’s new record...

We could summarize the recent price action in crude oil in one word: tests. What’s next?Technical Picture of Crude OilCrude oil closed last week above the previously broken Dec. 2023 peak and...