Trader Dan's Market Views

Market Insights and News

Thursday, August 11, 2011

Margin Hikes help derail gold; HIgher Equities also hurt

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I was a bit surprised last evening NOT to see some selling related to the margin hikes announced by the CME Group yesterday for carrying fut...
8 comments:
Wednesday, August 10, 2011

CME GROUP hikes margins for gold

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Effective as of the close of trading, margin requirements for gold are being raised from $6,075 to $7,425 for new positions and from $4,500 ...
4 comments:

Gold Open Interest readings indicate a panic among some of the Bears

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Please see the following chart along with the notations I have placed in it for some insight into the distress currently being felt by the g...
1 comment:

Gold setting new record highs above $1800 in the Kangaroo Session

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As trade moves into the Australian morning, gold has shot up above $1800 and has set a brand new all time high above $1,810 reaching to near...
3 comments:

Bernanke and company punishing Savers in their efforts to jam the equity markets higher

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I want to make a quick point here as a type of follow up to my comments from yesterday regarding the Fed's intentions to run investors o...
4 comments:

Central Banks losing in the Wars of Currency Interventions

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It was just last week that we witnessed the Bank of Japan intervene into the Forex markets to derail the Yen's rally back towards the fo...
3 comments:
Tuesday, August 9, 2011

S&P 500 Update - US Dollar sacrificed

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The FOMC announcement this afternoon sent the equity markets into a complete turnabout from yesterday's big selloff. The catalyst? Try t...
9 comments:

Gold reaches its inflation adjusted high in Asian trading as Chinese buyers step in

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The following chart is more for informative purposes than for trading but I did want to note that using the Federal Government's CPI dat...
6 comments:
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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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