Trader Dan's Market Views

Market Insights and News

Tuesday, October 25, 2011

HUI attempting to make up lost ground against the S&P 500

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If one goes back to the beginning of July of this year, you can see that for the next two months, the mining shares were outperforming the b...
3 comments:

Gold Breaks out

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Gold bulls finally managed to beat back the line of defense erected by the perma shorts at the Comex in today's session as safe haven bu...
1 comment:

Silver and Copper are parting ways today

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Both of these metals have been moving in lockstep recently as risk trades were either jammed on or taken off. Silver has been trading like a...

Is Gold resuming its Safe Haven Status?

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In a departure from recent price action in which it has been acting more like a "risk" asset rather than a safe haven asset, gold ...
1 comment:
Monday, October 24, 2011

Let's Play "Guess a Chart"

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Take a look at the following TWO charts and see if you can notice how similar the two of them are. You can tell that both charts, while no...
12 comments:
Saturday, October 22, 2011

Trader Dan on King World News Weekly Metals Wrap

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Please click on the following link to listen to my regular weekly radio interview with Eric King on the KWN Weekly Metals Wrap. http://tin...
2 comments:
Thursday, October 20, 2011

Fed's Balance Sheet not growing but not shrinking much either

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Take a quick look at the chart below to get a sense of what is taking place as a result of the cessation of the Fed's QE2 program and th...
4 comments:

Another down day for the Metals

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Both gold and silver continue to move lower and towards the bottom of their trading ranges. In the case of gold it dropped through $1620 and...
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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