Sunshine Profits

While the recent Israel-Hamas turmoil helped boost the yellow metal, the domestic fundamental outlook is much less supportive.Substantial Drawdowns AheadWith inflation outperformance amplifying U.S....

Stocks fluctuated following their recent rally – will the uptrend continue?The S&P 500 index gained 0.43% yesterday as it basically went sideways following the recent advance. Stocks were...

Let’s check the technical situation on the GDXJ’s chart, which serves as a proxy for junior mining stocks.We’re focusing on them, as mining stocks often lead gold and silver prices,...

Silver has been a major underperformer in recent months, as the white metal proved no match for higher real yields and a stronger USD Index.With silver gunning for its 2023 lows, the recent...

New yearly low in the GDXJ, plunging silver prices, and louder questions about the upcoming bottom. Let’s start.Yesterday’s session was the first one that we saw this year when the GDXJ...

Despite all of the fundamental components in place for a rally, gold remained relatively weak on Sep. 28. A beautiful setup was wasted on Sep. 28, as gold showed no strength despite weakness from US...

S&P 500 bounced from a new low yesterday, but was it a bottom?The S&P 500 index gained 0.02% on Wednesday, as it went sideways following an intraday rebound from a new medium-term low of...

The precious metals sector was likely to decline, and that’s exactly what it did yesterday. The USD Index soared once again, as we expected.Let’s analyze what happened in gold prices,...

 I warned the miners were weak, and they again buckled under the pressure.As a result, yesterday’s comments remain up to date, and I encourage you to read them to understand what should...

With the fundamental roadblocks adding up, silver confronts a bearish outlook at nearly every turn.With the FOMC’s hawked-up SEP and Powell’s inflation focus upending several risk assets,...

A reversal can be powerful. Two are often a game-changers. We just saw three.I wrote earier: The momentum remains positive, so reaching this target – close to $1,965 – might be what...

Reversals ARE important, especially when confirmed by high volume. Thursday’s reversal in Gold worked – it rallied, just as I had warned.The funniest thing about this rally is that it has...

The S&P 500 index gained 0.84% on Thursday as it broke above the recent local high. The market was advancing after the important Wednesday’s CPI and Thursday’s PPI releases. Recently...

While the crowd believed the Fed when it proclaimed inflation was contained, another mistake is unfolding as we speak. Throughout 2021, investors were soothed by the Fed’s nonchalant...

What a beautiful nothing! Nothing really happened on the markets on Friday, but due to the context of the previous days’ actions, it was profound.The thing is that it was a day when markets took...

Stock prices may extend their two-month-long consolidation The S&P 500 will likely get closer to the 4,400 level again In my opinion, the short-term outlook is still bullish The S&P 500 Index...