Trader Dan's Market Views
Market Insights and News
Thursday, May 12, 2011
Long Bond Flops on Poor Auction results
›
Reports are that the $16 billion, 30 year bond auction, generated poor demand. That should not come as much of a surprise after the big rall...
7 comments:
Wednesday, May 11, 2011
China still struggling against inflation
›
Look for continued buying in the gold market coming out of China as that nation contends with serious inflation problems. Their version of t...
4 comments:
XAU needs to find support very soon
›
The large cap mining stocks continue to get obliterated as evidenced by the XAU which is now perched precariously above a critical support l...
2 comments:
Gold - 4 Hour chart update
›
Gold made it back above the 50% Fibonacci retracement level of its most recent decline from its record price but was unable to maintain its ...
7 comments:
Silver - 4 hour chart
›
Risk-off trades have returned with a vengeance today. I believe a fair amount of the selling is tied to hedge fund panic type selling relate...
16 comments:
Tuesday, May 10, 2011
Silver shedding open interest
›
Based on the reported open interest and volume numbers by the exchange, silver's rally yesterday was sparked by fresh shorts who sold th...
13 comments:
Gold - 4 Hour chart update
›
Gold has retraced exactly 50% or half of its losses from the recent all time high to last week's low just above $1460 and is now encount...
Monday, May 9, 2011
Gold - 4 Hour chart update
›
The spike off of the region near $1460 and subsequent move strongly back above $1500 is indicative that a bottom has been found in the marke...
9 comments:
‹
›
Home
View web version