Trader Dan's Market Views

Market Insights and News

Thursday, October 27, 2011

Wall Street Journal Editorial Page Dissects the European Bailout Plan

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I would like to recommend the commentary from the editors at the Wall Street Journal dealing with the proposal that came out of Europe yeste...
1 comment:

Are Foreign Central Banks Slowing dumping Treasuries

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Each week the Federal Reserve provides an updated number for its Custodial Accounts. A very crude way of understanding these is to consider ...
3 comments:

The US Dollar gets Annihilated

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"Whack a Mole" does not even come close to what the Forex crowd did to the US Dollar today. Earler in the week it fell below the 5...
4 comments:

Save the Stock markets - destroy the Consumer

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While money managers, talking heads and other assorted various market pundits are wildly cheering the actions of the Europeans who have agre...
6 comments:

Silver has reached a key technical level

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"Let the good times roll" is once again the motto of the stock market perma bulls as the Europeans graced the world financial mark...
Wednesday, October 26, 2011

Nice move by Barrick

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The financial press is announcing that Barrick Gold raised its quarterly dividend today by 25% to $0.15/share. Every time a miner does som...
5 comments:

Gold hits resistance at $1720; holding gains

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Gold has run exactly to the projected resistance level on the charts, backed off a bit, and then encountered additional buying which is keep...
3 comments:

Euro Gold chart

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Once again gold is getting a very firm bid even as weakness appears in the broader US equity markets. News out of Europe continues to leave ...
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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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