Sunshine Profits

The bulls opened on a strong note Monday, and relentlessly headed higher since. As such a strong showing has changed the stock landscape, let’s examine the current balance of forces and the...

The gold futures contract extended its uptrend yesterday, as it gained 2.93%. The market has reached the highest since December of 2012 following breaking above $1,700 mark. However, the daily...

The economic data releases are starting to show coronavirus crisis impact on the economy. Last week’s Thursday’s Unemployment Claims number has reached almost 7 million. And we will likely...

While last Friday’s session turned out kind of undecided, it was still a down session with the bears bringing home the bacon. Can the same conclusion be reached when examining the weekly...

The gold futures contract gained 0.49% on Friday, as it retraced more of the short-term decline following bouncing off $1,700 level in late March. The yellow metal is slowly getting back to the...

After Wednesday’s slide, the S&P 500 moved higher yesterday. While the move itself hadn’t surprised us as we’ve earlier called for a pause in the downswing, the question is...

The gold futures lost 0.33% on Wednesday, as it slightly extended its Tuesday’s decline. The market has retraced some more of last week’s Monday’s – Tuesday’s rally...

This week, the US scored a sad record. The number of deaths related to the coronavirus in the US surpassed the death toll in China. What does it imply for the US economy and the gold market?US...

The broad stock market has been in a rebound mode last week (March 25-31). On Monday, March 23, it sold off to the new medium-term low of 2,191.86. It was a stunning 35.4% below February 19 record...

The quarter-end window dressing is over, and with it goes also the treading of water in stocks. Not that the signs of deterioration wouldn’t have been apparent already yesterday. In...

Gold Daily News: Wednesday, April 1The Gold Futures lost 2.84% on Tuesday, as it broke below its short-term consolidation. The market has retraced more of last week’s Monday’s –...

It’s 2008 all over again, only much worse. And just like back then, PMs are likely to slide very fast, very far and then recover in a big way. A lot of money is likely to be made by those, who...

The gold futures contract lost 0.66% on Monday, as it continued to fluctuate following last week's Monday-Tuesday rally. The market reacted to the previous Sunday's Fed unlimited Quantitative Easing...

Gold Daily News: Tuesday, March 31The gold futures contract lost 0.66% on Monday, as it continued to fluctuate following last week’s Monday’s – Tuesday’s rally. The market...

Mark Twain said that history does not repeat itself, but it rhymes. It's certainly true in both life and financial markets. Let's explore how the recent history lessons apply to the precious...

The S&P 500 upswing just couldn’t carry on. Friday’s action marks an inside bar as neither the daily high or low exceeded that of Thursday’s session. That’s a textbook...