Sunshine Profits

Trading position (short-term, my opinion; S&P 500 futures contract): In my opinion, the short-term outlook is neutral, and no positions are currently justified from the risk/reward point of...

Trading position (short-term, my opinion; S&P 500 Futures contract): In my opinion, the short-term outlook is neutral, and no positions are currently justified from the risk/reward point of...

There is a lot more uncertainty in the market right now, and despite reaching a new record, the uptrend is no longer as evident. On Friday, the S&P 500 index set a new all-time high at the level...

Trading position: (short-term, my opinion; S&P 500 futures contract): In my opinion, the short-term outlook is neutral, and no positions are currently justified from the risk/reward point of...

What a beautiful reversal in mining stocks! What a tremendous verification!Head-and-Shoulders Pattern VerifiedI told you that the head-and-shoulders patterns tend to be followed by verifications, and...

The S&P 500 reached another all-time high yesterday. Is this the final one in that trend?Stocks extended their uptrend on Monday, with the S&P 500 index gaining 0.22%, as investor sentiment...

“Whites lead yellow” is one of the sayings about the precious metals market. And the white – silver – is down.That saying describes one of the rules of thumb for the precious...

Trading position (short-term, my opinion; S&P 500 Futures contract): In my opinion, the short-term outlook is neutral, and no positions are currently justified from the risk/reward point of...

So, it happened. The US Dollar Index verified its breakout in a beautiful style.That’s really important for Gold price. This means that pretty much everything that I wrote about it in...

Stock prices slightly extended their uptrend on Friday, but the S&P 500 index closed just 0.08% higher despite recent inflation data that indicated likelihood of easing monetary policy in the...

On Thursday, the stock market extended its short-term uptrend, with the S&P 500 index gaining 0.57% and getting back closer to its recent highs.As mentioned on December 21, “the likely...

Gold miners just moved to fresh 2024 lows, and we saw additional breakdowns.The decline continues, as expected. In yesterday’s analysis, I wrote about breakdowns in various proxies for the...

The stock market retraced most of last week’s decline yesterday as expectations of monetary policy easing quickly resurfaced following remarks from FOMC Members. Yesterday, I noted that...

In my Friday’s intraday Alert, I wrote that the post nonfarm-payroll rally wasn’t here to stay. It didn’t.As is always the case, it’s a good idea to check for...

The stock market began the year on a very weak note, but currently, it appears to be just a correction of December’s advances. The S&P 500 index may also be entering a consolidation after a...

Silver just completed its head and shoulders pattern, and it has very important implications.Yes, they are bearish. Yesterday, I wrote about silver’s potential head-and-shoulders pattern and...