Trader Dan's Market Views

Market Insights and News

Thursday, May 26, 2011

Trader Dan taking a bit of a break

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I wanted to apologize for the lack of regular postings this past week. I am a bit worn out with these markets of late and am attempting to k...
30 comments:
Wednesday, May 25, 2011

US Dollar running into some selling

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The US Dollar has been able to keep its footing above the 50 day moving average on its daily price chart which is technically bullish but i...
9 comments:

Investors looking to the Fed for stimulus again?

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It is perhaps a bit premature to jump to conclusions but today's price action in the overall commodity sector seems to be signaling that...
5 comments:
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...
1 comment:

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...
6 comments:

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:
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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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