Sunshine Profits

Stocks retraced some of their recent rally yesterday. Was it just a quick downward correction before another leg up?The S&P 500 index lost 0.72% Thursday, as it retraced some of the recent advance...

With the US dollar stuck in consolidation mode, its decline on Dec. 8 may seem material. However, while the greenback cools off after its recent sprint higher, the USD Index's fundamentals are still...

Inflation supports gold, while the expected Fed’s reaction to price pressure doesn't. Since gold ended November with a small gain, what will December bring?I have good and bad news. The good...

The bulls pumped up the market, but with fundamentals deteriorating and corporations largely responsible for the spike, regular investors will be left holding the bag.With investors betting on a Santa...

So, gold miners moved higher Monday. What does this daily rally change? Nothing. There are days when things are particularly interesting and many things change. Yesterday was not one of those days.The...

The November employment report was mixed. Unfortunately for gold, however, it won’t stop the Fed’s hawkish agenda.Nonfarm payrolls disappointed in November. As the chart below shows, the...

The S&P 500 index broke slightly below the 4,500 mark on Friday, but it bounced from that support level again. Is this a bottoming pattern?The broad stock market index lost 0.84% on Friday...

The dollar looks poised for another rally, to gold’s dismay. So, what’s the price target for the greenback over the winter months?While the consensus across the financial markets...

The S&P 500 bounced from the 4,500 level on Thursday as it retraced most of its Wednesday’s sell-off. Was it a reversal or just another upward correction?The broad stock market index gained...

Entry triggered! The price rallies to the moon, but you don’t want to cash out “just yet.” Am I right? So, let’s see how to prevent hard landing.There are obviously several...

After the miners' recent confirmed breakdown, gold is also showing signs of the same. Silver ain’t doing better.Breakdowns are important. Confirmed breakdowns are even more so. Mining stocks...

The hawkish revolution continues. Powell, among the screams of monetary doves, suggested this week that tapering could be accelerated in December.People live unaware that an epic battle between good...

Stock prices were volatile on Tuesday, as the S&P 500 fell to the new local low. But today it may rebound again.Will Downtrend Continue?The S&P 500 index lost 1.90% on Tuesday, Nov. 30. The...

You see a commodity going down, then it reverses and starts teasing you with an upward move, only to end up declining further. Is this the case now?I started my analysis yesterday with a question that...

Let’s start today’s analysis with a question that I just received: "Now that gold, silver and the miners are oversold, what kind of a bounce do you expect? Why not take profits and...

Oops! Gold did it again and declined below $1,800 last week. What’s happening in the gold market?Did you enjoy your roast turkey? I hope so, and I hope that its taste – and Thanksgiving in...