Sunshine Profits

Don't be deceived by the lack of sizable moves in the currencies. They just want to lull you to sleep as they set sail on their next moves. By then, it could be too late to catch them. Doing so would...

Crude oil had an eventful session on Monday. It closed the opening gap and bulls built on their gains till the session’s close. On Tuesday, however, the price rolled over and headed south. Is...

The U.S. unemployment rate dropped in April to 3.6 percent, a level not seen since December 1969. So, everything must be great. With the exception of the renewed worries about the U.S.-China trade...

Yes, you have read that right. Rallies are not necessarily bullish, and declines are not necessarily bearish. If it was the case, it would be possible to make a living by going long every time a...

“The US dollar will collapse or it will be replaced by another currency” – we hear such statements all the time. Are they true? We decided to check these claims – so we invite...

Just before Friday's close, crude oil was poised for a sizable weekly decline. Yet after Thursday's plunge, WTI seemed to have stabilized. But did it really? In this analysis we're going to take a...

Yesterday's much-awaited FOMC day didn't bring much of a surprise in terms of Fed policy changes. However, one has to look at the charts, not just at the news. The USD certainly reversed higher...

The May FOMC statement didn't bring much of a surprise. Fed Chair Powell remained upbeat in his assessment of the U.S. economy while dismissing low inflation as transitory. Gold has initially jumped,...

We've raised some doubts about the bulls' power to succeed yesterday. Indeed, they gave up most of their gains before the closing bell. Today, we haven't seen even an upswing attempt that would fizzle...

U.S. economic growth in Q1 2019 positively surprised. Indeed, on the upside. The doubting Thomases were proven wrong. And the Socialist Party just won the snap elections in Spain. Is the left back in...

The U.S. stock market indexes gained 0.3-0.5% on Friday, slightly extending the uptrend, as investors' sentiment remained bullish following the quarterly earnings releases. The S&P 500 index...

The Beige Book is published eight times per year by the Fed and its printed version has – surprise, surprise – a beige cover. The Summary of Commentary on Current Economic Conditions by...

s always, most analysts focus not on what they really should. After March FOMC meeting, everyone was talking about the more dovish dot-plot. But the Fed also announced that it will end the unwinding...

Last month, Trump said that he considered Herman Cain and Stephen Moore as his picks to the Federal Reserve Board. As the former had withdrawn his name from consideration, the focus shifted to the...

The broad stock market retraced all of its December sell-off and it broke above the medium-term resistance level of around 2,900 recently. So is it still just a correction or a new medium-term...

The U.S. stock market indexes lost 0.2% on Wednesday, as investors took some short-term profits off the table following Tuesday's rally. The S&P 500 index retraced almost all of its medium-term...