Trader Dan's Market Views

Market Insights and News

Tuesday, May 24, 2011

4 Hour Silver Chart

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Silver pushed past resistance at the top of its narrow range which came in near $36. It ran higher in very early Asian trade but has not bee...
2 comments:

Fed's Bullard gives Commodity Rally the Green Light - Goldman helps out

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If you are looking for a reason to explain the strength seen across a widespread portion of the commodity sector today, particularly silver,...
2 comments:
Monday, May 23, 2011

US Dollar now solidly above the 50 day moving average

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The "risk aversion/slowing global growth" trades have resulted in a huge unwind of carry trades over the last month. This unwind i...
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Ron Paul's commentary on the debt ceiling

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I recently took quite a bit of flak from those supporters of Ron Paul who disputed the account published in the New York Sun that the Congre...
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Gold strength in Euro and British Pound terms firming up US Dollar priced gold

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The same concerns that are sending equity market bulls scurrying for cover, namely, European sovereign debt fears and  a growing sense that ...
1 comment:
Saturday, May 21, 2011

Silver - Commitment of Traders

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This week's release of the Commitment of Traders report by the CFTC contained some noteworthy developments in regards to the silver mark...
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Trader Dan on King World News Weekly Metals Wrap

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Click here to listen to my regular weekly radio interview with Eric King at King World News on the KWN Weekly Metals Wrap. http://www.kin...
1 comment:
Friday, May 20, 2011

Gold very firm in terms of European Major Currencies

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While US Dollar priced gold has been holding relatively firm lately, it remains well off its recent record high near $1580. That has not bee...
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About Me

Trader Dan
Dan Norcini is a professional off-the-floor commodities trader bringing more than 20 years experience in the markets to provide a trader’s insight and commentary on the day’s price action. His editorial contributions and supporting technical analysis charts cover a broad range of tradable entities including the precious metals and foreign exchange markets as well as the broader commodity world. He is a frequent contributor to both Reuters and Dow Jones as a market analyst for the livestock sector and can be on occasion be found as a source in the Wall Street Journal’s commodities section as well as CBS Marketwatch where his views on the gold market can often be found. He is also an avid beekeeper.
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