Sunshine Profits

The gold futures contract lost 0.05% on Wednesday, as it extended its short-term consolidation above the price level of $1,700. Gold has been breaking slightly above $1,750 mark recently. Butit came...

Retail sales came in really strong in May, which could boost risk appetite, but a more dovish Fed should support gold.As the chart below shows, retail sales surged 17.7 percent in May, as the US...

With yesterday's hefty gains taken off the table, and a new profitable position that has them secured already, will the S&P 500 let me add to the tally some more still today?Given yesterday's...

Which stocks could magnify S&P's gains in case it rallies? Take a look at a part of our Stock Pick Update. We have included Industrials, Real Estate and Financials stocks this time.The broad stock...

Just as I called for, there wasn't much S&P 500 downside left, and I am hugely profitable on the upside reversal from near yesterday's premarket lows. That's quite a turn in momentum, isn't it?...

The Gold Futures contract lost 0.14% on Friday, as it remained within its Thursday’s daily trading range. The price broke above $1,750 mark once again before closing below that resistance...

It seems that global stock markets have disconnected from the fundamental reality. They have been rising since the end of March despite the collapsing economies and soaring unemployment. Why? And what...

After Thursday's blood bath, Friday's recovery fizzled out, new weekly lows were made and as well rejected - where next in this correction? Given the preceding momentum, I would look for some more...

Post-Fed selling took on a life of its own yesterday. So far so good, but isn't the downswing getting a little ahead of itself?Today, it's primarily the credit and debt markets that will shed more...

Gold gained 1.11% on Thursday, as it slightly extended its short-term uptrend. The price broke above $1,750 mark yesterday before closing below that resistance level. Global markets went risk-on and...

Yesterday, the Fed issued the statement from the FOMC meeting on June 9-10. The statement is little changed from the April edition. Nevertheless, there are two important differences.First, the members...

The gold futures contract lost 0.07% on Wednesday following an intraday advance to $1,750 price level. Global markets went risk-on and gold has been selling off as a safe-haven asset recently....

Stocks indeed experienced a down day yesterday, and the credit markets say it might not be over just yet. With today's premarket upswing rejected at recent highs, will the bears smell an opportunity?...

The gold futures contract gained 0.99% on Tuesday, as it retraced its Friday’s decline following much better than expected U.S. monthly jobs data release. Global markets went risk-on...

Stock Pick Update: June 10 – June 16, 2020The broad stock market has accelerated its uptrend in the last five trading days (June 3 – June 9). More than two months ago on March 23, the...

Going from strength to strength, but isn't a soft patch in stocks drawing near? Or, better yet, aren't we entering it with today's premarket action? The bulls have shaken off anything coming their way...