Trader Dan's Market Views
Market Insights and News
Wednesday, October 12, 2011
Money flows out of Bonds is fueling the current stock rally
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Modern markets are all about speculative money flows, and primarily money flows from hedge funds. That can be subdivided further into "...
2 comments:
Gold Bulls Pressing against the Bears' Line of Defense
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I have noted that $1680 is a key technical chart resistance level for the gold market to overcome if it is to have a shot at $1700 and a ch...
3 comments:
The US Dollar continues to fade
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Dollar bulls had better hope for a breakdown in the plans of the Europeans to get their bank recapitalization rescue package moving forward ...
HUI nearing important chart resistance level
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Mining stocks have been rallying alongside the broader equity markets as the bulls are frollicking in the pastures of increased liquidity be...
1 comment:
Tuesday, October 11, 2011
Commodity complex reflecting more optimism related to the European bailout plan
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The commodity sector has been slammed by hedge fund long side liquidation over the last 5 weeks which has basically taken the complex on a o...
2 comments:
Gold chart update
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Gold took out overhead chart resistance last evening in Asian trade and looked very strong until trading came around into the London session...
Monday, October 10, 2011
Gold at the upper end of its recent range
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News out of Europe overnight that appeared to confirm thinking that the rescue fund being put together by the Europeans is going to proceed...
2 comments:
Saturday, October 8, 2011
Precious Metals continue Range Bound - Ditto for the HUI
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Both silver and gold continue putting in wide-ranging price swings on a day to day basis providing plenty in the way of volatility but when ...
4 comments:
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