Trader Dan's Market Views

Market Insights and News

Saturday, October 15, 2011

Trader Dan on King World News Weekly Metals Wrap

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Please click on the following link to listen in to my regular weekly radio interview with Eric King on the KWN Weekly Metals Wrap. http://...
2 comments:
Friday, October 14, 2011

US Dollar getting hit hard as "safe haven" trades are being unwound

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Over the last 5-6 weeks, as fears spread regarding the European debt crisis and the resultant impact on the large banks over that way, hedge...
6 comments:
Thursday, October 13, 2011

Gold still being held by $1680

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The battle for $1680 is increasing in intensity as bears dig in to prevent what they know will be a defeat if they allow the metal to move c...
4 comments:
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:
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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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