tag:blogger.com,1999:blog-1708908742323002823.post7704178954568752332..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: US Dollar takes out Chart ResistanceTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-1708908742323002823.post-7391457171278161032014-06-11T08:26:17.507-07:002014-06-11T08:26:17.507-07:00I am waiting for the one that says the world is ru...I am waiting for the one that says the world is running out of oxygen.arniehttps://www.blogger.com/profile/17597016551120682781noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-87153107798261411642014-06-11T07:17:35.959-07:002014-06-11T07:17:35.959-07:00Wolf, it will be the gold caving in, but take that...Wolf, it will be the gold caving in, but take that with a grain of salt, as I was real wrong timing wise in spreading gold vs. platinum. On a different subject, over at Mark's favorite site KWN, we once again have Stephen Leeb caught out on another lie, as he notes that America has no rare earths. In fact, the U.S. ranked #2 in the world in production in 2013. Be very careful with these guys that perpetually bad mouthe the $ and have the world running out of oil and so on and so on and so on.Anonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20018006189353511262014-06-11T06:48:04.780-07:002014-06-11T06:48:04.780-07:00Surprising bounce in Gold and Silver in view of th...Surprising bounce in Gold and Silver in view of this strength in the Dollar.<br />^Hui strong today with recovery ongoing recovery in mining stocks including: IAG, SA, KGC, HL, FSM. <br /><br />One has to give: will it be the $ or Gold ? or does it which is conventional wisdom?<br />WolfWisdomhttps://www.blogger.com/profile/01035527970541910596noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-77697187952277763892014-06-11T01:21:08.128-07:002014-06-11T01:21:08.128-07:00Stairs up, elevator down...it is a very common phr...Stairs up, elevator down...it is a very common phrase in all markets.S Rochehttps://www.blogger.com/profile/18070519576321568415noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-19590209877361416322014-06-10T23:02:33.234-07:002014-06-10T23:02:33.234-07:00Truce. Peace, love, happiness. Take care sir.
Truce. Peace, love, happiness. Take care sir. <br />Anonymoushttps://www.blogger.com/profile/17339718343562676618noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-14035483537081407962014-06-10T22:24:06.086-07:002014-06-10T22:24:06.086-07:00Jesse L;
I pull the data from the St. Louis Fed w...Jesse L;<br /><br />I pull the data from the St. Louis Fed website where they have a database for the Treasury yields. I then update those into my spreadsheets and create the chart from that.<br /><br />Let me know if you have any trouble finding the site buddy.<br /><br />Dan<br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-24510635726472860442014-06-10T22:13:33.641-07:002014-06-10T22:13:33.641-07:00Hey Dan,
Where's a good, free source for trac...Hey Dan,<br /><br />Where's a good, free source for tracking the TIPs spread chart that you posted a while back?<br /><br />Thanks.<br /><br />JLAnonymoushttps://www.blogger.com/profile/11666493857513151534noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-29061631241568776802014-06-10T20:21:41.523-07:002014-06-10T20:21:41.523-07:00Prophet
After being dead for years, ECA looks lik...Prophet<br /><br />After being dead for years, ECA looks like its been extra strong lately.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-12145610578616878612014-06-10T18:47:39.208-07:002014-06-10T18:47:39.208-07:00Anyone investing in natural gas? Looks like mild ...Anyone investing in natural gas? Looks like mild Spring temperatures did cause the price to dip. A scorcher summer may give it a boost back to $6.<br /><br />Plus it looks like energy stocks have been top performers over the last year. The Prophet Elijahhttps://www.blogger.com/profile/04786387211895954719noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-18051323348022390472014-06-10T13:37:51.940-07:002014-06-10T13:37:51.940-07:00Jasper;
Thanks buddy.... by the way, the way thin...Jasper;<br /><br />Thanks buddy.... by the way, the way things are going here maybe we should move there! Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-59094046545821989882014-06-10T13:36:39.250-07:002014-06-10T13:36:39.250-07:00Ill call it a truce. These 25 year old kids are ju...Ill call it a truce. These 25 year old kids are just irresistable.<br /><br />Im selling an apartment in moskou - seriously, check the ruble pairs.Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-53699474280738423812014-06-10T13:30:23.366-07:002014-06-10T13:30:23.366-07:00Glen;
We are entering the summer doldrums when it...Glen;<br /><br />We are entering the summer doldrums when it comes to gold and volumes are dropping off considerably. Markets that experience thinner trading conditions can do all manner of things since it does not take much of an order size to move them around.<br /><br />In regards to the Ukraine tensions thing - I would say that gold dropping from near $1320 to below $1280 was the result of a loss of much of that tension. Once that level broke down, we then had technically based selling occurring. When the bottom near $1240 held, shorts started to cover and that is what we have taking place now.<br /><br />Gold could rebound back up towards $1280 without threatening the negative chart pattern but if it were to clear that, we would need to respect the move. <br /><br />I personally would like to see this $1240 region tested once again.<br /><br />ON the HUI, value based buying is supporting them as some feel that they do not have much more downside seeing that the sector has been beaten with an enormous ugly stick. These miners need the momentum crowd to come in to generate any real fireworks. It will take something on the fundamental front to get those guys in however. They are all mostly playing in the broader markets.<br /><br />By the way, you and Jasper need to call a truce.<br /><br />Yes, I have used the expression that "opinions are like armpits" but not to attack anyone specifically. Let's just say that I don't think I would like it if someone did that to me specifically.<br /><br />Thanks!<br /><br />Dan<br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-7033083802662308922014-06-10T13:23:56.369-07:002014-06-10T13:23:56.369-07:00Eric De Groot;
boy howdy isn't that the truth...Eric De Groot;<br /><br />boy howdy isn't that the truth my friend. If we could predict the future will glaring accuracy we would all be doing something else besides sitting here trying to make a living in these markets.<br /><br />One thing that WE ALL KNOW for a fact - if and when the Dollar starts to drop lower and if and when gold starts to rally, these same clowns will tell us all how "right" they were.<br /><br />It is pathetic.<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-86168557612389713122014-06-10T13:22:07.723-07:002014-06-10T13:22:07.723-07:00John;
Hope your trading is going well buddy.
John;<br /><br />Hope your trading is going well buddy.<br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-32122956021385666492014-06-10T13:18:13.332-07:002014-06-10T13:18:13.332-07:00Still havent checked the currency pairs, have you?...Still havent checked the currency pairs, have you?Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-21802978662407126132014-06-10T13:13:56.787-07:002014-06-10T13:13:56.787-07:00A story on yahoo finance this morning mentioned th...A story on yahoo finance this morning mentioned the perception by the investment community that Ukraine and Russian tensions had eased and the ETF's in dollars were therefore bid up.<br />Dan has used the comment about opinions like armpits, right here.<br />Why don't you just take your hands off the keyboard now Mr. Smarty pants and go back to playing pocket pool.Anonymoushttps://www.blogger.com/profile/17339718343562676618noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-13384658206551972452014-06-10T12:51:05.002-07:002014-06-10T12:51:05.002-07:00If you care about the etf price in dollar you ough...If you care about the etf price in dollar you ought to understand the russian etfs hold ruble denominated issues. <br /><br />I take it you didnt check the ruble pair charts i mentioned.<br /><br />"Opinions are like armpits"<br /><br />Where did you become that obnoxious?Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-29397321759362175812014-06-10T12:43:34.465-07:002014-06-10T12:43:34.465-07:00They are most certainly not drifting sideways toda...They are most certainly not drifting sideways today or the past week or so. I don't care about the ruble. Those ETF prices in DOLLARS is what I'm talking about. Dan has been saying for some time the only thing holding up Gold is the heat in Ukraine. Opinions are like armpits. I was just wondering about Dan's since it's his blog.Anonymoushttps://www.blogger.com/profile/17339718343562676618noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-57633518076261507052014-06-10T12:21:07.116-07:002014-06-10T12:21:07.116-07:00Heelarious! All those $5 pikes are clearly manipul...Heelarious! All those $5 pikes are clearly manipulation!<br /><br /><br />Where's his article on the 'out of blue, no-news, no sentiment -change' $20 upward spikes? There's a difference in my mind, with a spike that is then confirmed by the market, and one that is not. Let's see one pop of close to the magnitude, of the same 'price is irrelevant, dump it (or naked short it) all at once' shots to the downside. I'll check back later, for all I know there's a slew of them. But we'll settle for one. Anonymoushttps://www.blogger.com/profile/10755930368409634558noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-41376594069989640942014-06-10T12:07:06.278-07:002014-06-10T12:07:06.278-07:00Well, guess what?
Stocks sell off, and commoditie...Well, guess what?<br /><br />Stocks sell off, and commodities are immediately hammered, combined with an instantaneous bid into bonds.<br /><br />Ergo, the consumer gets another break, in the form of lower input prices and cheap money forever.<br /><br />Eventually, institutions will start snapping up consumer stocks again, as they get a hall pass each and every time there is an economic hiccup.<br /><br />Want proof? Just look at Facebook and Monster Energy today.<br /><br />And don't even get me started on Molson or Phillip Morris, those beer and tobacco stocks are going totally parabolic.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-29018048694979416902014-06-10T11:56:31.189-07:002014-06-10T11:56:31.189-07:00Kid Dynamite has a great new post up, continuing h...Kid Dynamite has a great new post up, continuing his lampoon of the gold manipulation meme.<br /><br />http://kiddynamitesworld.com/gold-manipulation-continues-unabated/Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-51458784230747899142014-06-10T11:56:30.735-07:002014-06-10T11:56:30.735-07:00Have you seen a ruble euro or ruble dollar chart l...Have you seen a ruble euro or ruble dollar chart lately? Ruble has appreciated and is going to appreciate a great deal more in value in a short period of time imo.<br /><br />I really dont see a relation with PM and miners. They are drifting sideways untill the final washout happens meanwhile nothing matters much really.<br /><br />JMO do your own due diligence. <br /><br />Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-86488449839755739572014-06-10T11:48:31.578-07:002014-06-10T11:48:31.578-07:00Dan. The Russian stock ETF's are up a lot ove...Dan. The Russian stock ETF's are up a lot over the last several weeks. Reportedly because of easing tensions with Ukraine. Some are higher than before the crisis. Last week was a good week for them. RSX, DEM, EEM, RBL, ERUS, VWO. Yet the PM's and miners have not fallen down the stairs to lower levels. Would you say that tension is no longer a supporting factor for PM's and miners and that we might expect dollar and euro movements to be the dominant factor to keep a range between say 200 and 220 HUI for the near term. With of course a return of tension to challenge the resistance you outline, or a dollar rally to challenge support just above 200?Anonymoushttps://www.blogger.com/profile/17339718343562676618noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-82998346800500171792014-06-10T11:37:19.028-07:002014-06-10T11:37:19.028-07:00Thanks Eric.Thanks Eric.Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-40737781467151904982014-06-10T11:29:59.010-07:002014-06-10T11:29:59.010-07:00Hey Dan,
The USD will buckle some knees in the ye...Hey Dan,<br /><br />The USD will buckle some knees in the years ahead. The promoters may get it right, but timing will kill them.<br /><br />EricEric De Groothttps://www.blogger.com/profile/10401266394758992709noreply@blogger.com