Sunshine Profits

On Friday, the S&P 500 index retreated from its Thursday’s local high of 4,793.30. However, by the end of the day, it rebounded from the daily low of around 4,752 and closed just 0.28%...

In my recent gold price forecast for January 2024, I wrote about the most important of the recent technical events in gold (gold’s weekly reversal), and in today’s free analysis,...

The S&P 500 index reached yet another new local high yesterday, briefly surpassing the 4,785 level. Recently, it retraced all of last Wednesday’s sell-off, and yesterday, it was the highest...

The S&P 500 index retraced most of its Wednesday’s decline on Friday, as it went briefly above 4,770 level following lower-than-expected Core PCE Price Index, one of the key inflation...

Stock prices bounced back after Wednesday’s rout, and they may see more volatility.The S&P 500 index remained above the 4,700 level yesterday and retraced a large part of its Wednesday...

Stocks sold off yesterday, but maintaining a bullish bias is still justified, and the market may have another opportunity to reach new highs. However, it’s crucial to pay close attention to the...

Gold price has been falling today, but…Given the recent (huge) weekly reversal, does it really surprise anyone?The Historical ContextWell, it might surprise those that easily forget what...

The S&P 500 index gained 0.59% on Tuesday, further extending the uptrend following last week’s release of the FOMC Statement release on Wednesday, which marked a pivot in the Fed’s...

The S&P 500 index gained 0.45% on Monday as it further extended its last week’s advances. The daily high was at 4,749.52 yesterday, and the index was the highest since January of 2022. Last...

The S&P 500 index lost 0.01% on Friday as it went sideways following the recent rally. On Wednesday and Thursday, the market rallied after the FOMC Statement release and on Friday investors were...

Did you notice what happened in gold, miners, and stocks at the end of Friday’s session? It was small and huge at the same time.Small because the size of the price moves that we saw in the final...

The S&P 500 index gained 0.39% on Monday as it slightly extended its Friday’s advance of 0.4%. The daily high was at 4,623.71 and it was the highest since late March of 2022....

The implications of the ongoing reversal in gold are so crystal-clear that I’m not sure if it’s even needed to describe them.But I’ll proceed, nonetheless.The bigger the size of a...

While the yellow metal hit a new record high, the silver price remains below its post-pandemic peak. While gold has dominated the headlines recently, silver and mining stocks have been...

Some say that war never changes, and in some aspects, that’s true. But markets’ reactions to war are also remarkably similar.What I’m going to start today’s analysis with is...

The huge rally in gold and the monstrous decline that followed provided a sign of epic proportions.Powerful Bearish CombinationGold price’s huge-volume reversal is the last thing that anyone...