Sunshine Profits

The breakdown below the rising trend channel was followed by a decline that was big enough to confirm it, even though it was just the second close below it.That’s right, even though this...

The S&P 500 index gained 0.38% yesterday as it extended its Tuesday’s advance of 1.5%. The market is gaining following worse-than-economic data amidst reduced pressure for further monetary...

The global Oil and Gas markets are experiencing significant fluctuations due to various factors, including production starts, labor strikes, and economic concerns.Eni Starts Production in Côte...

They say that the history rhymes and that’s generally true. Sometimes, the rhymes are almost identical. Like right now in the miners.GDXJ Correction Deja VuYou see, the thing is that the move...

The breakdowns in gold and mining stocks were verified last week, just like they were supposed to, and we made money on this rebound through the quick long position.What’s next? As the...

Junior mining stocks (NYSE:GDXJ) have been very strong recently, also relative to senior miners. What does it mean?It means it’s story time. The protagonist in this story is a multi-faced...

We just took profits off the table with VanEck Junior Gold Miners ETF (NYSE:GDXJ) at $33.26. Right now, it seems that long positions might actually be justified from the risk-to-reward point of...

Stock prices are gaining from their last week’s new lows. The S&P 500 is expected to get back above the 4,400 level today. In my opinion, the short-term outlook is still bullish. The S&P...

In theory, nothing changed for the precious metals market yesterday, but in reality, it was the opposite, thanks to the signs from the USDX and stocks.Let’s start with the latter. We just saw a...

The S&P 500 continues to trade along the 4,500 level after bouncing off the recent high of around 4,607. In my opinion, the short-term outlook is still bullish. The S&P 500 index lost 0.70%...

Another day, another decline in the junior miners. That’s a new reality. And with just a small push, the waterfall selling will start.Why? For instance, because of the head-and-shoulders pattern...

The S&P 500 will likely open lower following Fitch’s U.S. credit rating news Investors await quarterly earnings releases The short-term outlook remains bullish The broad stock market index...

No market moves up or down in a straight line, and there are pullbacks, pauses, and corrections. See, one doesn’t invalidate the trend.At least not without a serious signal and its confirmation....

The S&P 500 trades sideways following its early July rally. There have been no confirmed negative signals. In my opinion, the short-term outlook is still bullish. The S&P 500 index gained...

Reversals. Plenty of reversals. With reversal-based seasoning. Gold, silver, miners, the dollar, and even stocks – all reversed profoundly last week.Reversals are important, but they become very...

The global oil market has seen significant moves recently. This article will tell the reasons behind the surge in oil prices.Production Cuts and Economic SupportThe oil market experienced a boost,...