tag:blogger.com,1999:blog-1708908742323002823.post3978082033594408553..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: US Dollar Moving for a Test of ResistanceTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-1708908742323002823.post-88168998063283852642014-07-30T12:57:23.025-07:002014-07-30T12:57:23.025-07:00One has to wonder what is in store come October if...One has to wonder what is in store come October if the punch bowl is finally removed. The market participants weren't too happy about that in the past QE "party is over for now" events. Trinity traderhttps://www.blogger.com/profile/04724567191536534544noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-31064687755142775322014-07-30T09:56:36.152-07:002014-07-30T09:56:36.152-07:00I surely hope you are right. A a business person ...I surely hope you are right. A a business person it just doesn't feel like a rapidly growing economy. More likely this is "spring back" from the first quarters freeze/not so hot economy. Mike Ehlerthttps://www.blogger.com/profile/03796788820435662856noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-43325688489075023052014-07-30T07:14:35.693-07:002014-07-30T07:14:35.693-07:00Dollar bears are getting pole-axed today, as there...Dollar bears are getting pole-axed today, as there continues to be a mad panic rush to buy any and all U.S. Dollars, no matter how many currency deals are struck.<br /><br />Hands down the USA is the place to be now, as the economic boom is just now starting.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-9680331579701799392014-07-30T06:56:50.512-07:002014-07-30T06:56:50.512-07:00I am enjoying the permadoomers whining and crying ...I am enjoying the permadoomers whining and crying about the GDP number this morning. "Fake! Fake! It's all fake!" LOL.<br /><br />Whatsamatter boys, get caught short stocks and long gold again? Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-73735336548559176002014-07-30T05:35:31.555-07:002014-07-30T05:35:31.555-07:00Big 4% GDP number today will disrupt analysis for ...Big 4% GDP number today will disrupt analysis for a day or two. Mike Ehlerthttps://www.blogger.com/profile/03796788820435662856noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-68038179399727120912014-07-30T02:55:36.851-07:002014-07-30T02:55:36.851-07:00Hubert, I agree with you on Armstrong. He has opin...Hubert, I agree with you on Armstrong. He has opinions on everything under the sun and often I agree with his thoughts, but in terms of that translating into good trades I would not be so confident. Your Euro trade looks right. One thing I do believe in is that if the ptb want to bury their currencies, they WILL. Witness Abe and the Yen dropping from 1.30 futures to current .98 and going sideways all year now. Like I said years ago when I first talked to you, the Euro may go away entirely. Good luck today!!Anonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-65232787746017324362014-07-29T23:57:06.485-07:002014-07-29T23:57:06.485-07:00but Steve, it includes a powerpoint slide presenta...but Steve, it includes a powerpoint slide presentation.<br />Bah look, it's the business world : after all, in every domain, you have such events with participation to a seminar, conference, etc... and usually for even much more than 1000 $.<br />As long as he keeps his blog for free, I won't criticize his attempt to make some money above it. Simply let him stop pretending it's because of the food expenses (surely the shrimps :)) and he makes no money from it :) <br /><br />Eur Usd at 1.34 and imho pretty close to a short term upwards correction of the 1.36-1.34 move down imho. But with daily ema15 and ma20 heading down quickly, it's a confortable position.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-84287936998511596052014-07-29T15:41:35.038-07:002014-07-29T15:41:35.038-07:00Jesse L;
I honestly do not know. The long bond ha...Jesse L;<br /><br />I honestly do not know. The long bond has been slowly working higher suggesting that if there is any concern about inflation, it sure ain't in the bond market. Money could be rotating out of equities and into bonds but right now I cannot see it with the S&P a mere 20 points off its all time high. Commodity indices moving lower so no inflation on that front.<br /><br />A big risk off move would see selling hit the equities in a larger way I would think. Also, I think we will see it reflected in the Yen in a strong upward pop. For some reason that currency has now become a safe haven. If you look at its chart, it is essentially grinding sideways since February of this year.<br /><br />When we had the big risk aversion panic back in 2008, the Aussie got slammed hard. If you look at that chart as well, it too is not showing much movement.<br /><br />I am just watching and trying to figure out what comes next like everyone else. Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-83855667022453735842014-07-29T15:35:57.886-07:002014-07-29T15:35:57.886-07:00Abbey;
thank you Abbey!
DanAbbey;<br /><br />thank you Abbey!<br />DanTrader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-37317351071944426972014-07-29T14:25:41.568-07:002014-07-29T14:25:41.568-07:00and Hubert, your friend Armstrong must have made a...and Hubert, your friend Armstrong must have made another typo in a recent post because he is charging $950 for his latest World Conference Deal. I thought he said he doesn't need any $. Oh well, oh wellAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-6448964447243953792014-07-29T13:50:31.822-07:002014-07-29T13:50:31.822-07:00Dan,
Are you sensing the move in the Dollar not j...Dan,<br /><br />Are you sensing the move in the Dollar not just vs the EUR but other majors too that we may be on the cusp of a major risk off move in the markets? It's about time we have one of these...<br /><br />JLAnonymoushttps://www.blogger.com/profile/11666493857513151534noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-62872135680954494042014-07-29T12:54:13.364-07:002014-07-29T12:54:13.364-07:00"Silver is bucking the lower trend in commodi..."Silver is bucking the lower trend in commodities today for some reason. Frankly, I do not know why nor do I care. That metal tends to live it in its own little world."<br />That is classic Dan. Norcini. You are the best! I love your blog.AbbeyKnighthttps://www.blogger.com/profile/09998510936283217884noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-41634862317734308472014-07-29T10:45:15.114-07:002014-07-29T10:45:15.114-07:00imagine you already paid him 20.000 $. What do you...imagine you already paid him 20.000 $. What do you do now? lol :)<br />Better subscribe twice to the WSOP Poker, right? Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-60718666494354061912014-07-29T10:38:23.646-07:002014-07-29T10:38:23.646-07:00it can not be ….it can not be ….Anonhttps://www.blogger.com/profile/01595034035769200702noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-24115844767524710182014-07-29T09:57:56.108-07:002014-07-29T09:57:56.108-07:00omg, Bo Polny was wrong again... :)omg, Bo Polny was wrong again... :)Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.com