Trader Dan's Market Views
Market Insights and News
Thursday, November 10, 2011
Tommy Turkey and Sides are getting more expensive
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The Wall Street Journal is reporting that the cost of an annual Thanksgiving turkey dinner for 10 has risen this year to $49.20; a $5.73 inc...
4 comments:
12 Hour Gold Chart
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Gold ran into selling pressure today as both safe havens, the bond market and the gold market, were taken lower after the equity markets rea...
Wednesday, November 9, 2011
12 Hour Gold Chart
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Gold failed to extend past the psychological level of $1,800 and is now moving lower towards the first level of chart support just above $17...
8 comments:
HUI holding in relation to the S&P 500
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Traders/investors looking to take a defensive posture in the equity markets continue to see the mining sector as a place in which to find so...
Silver whacked along with Copper as Risk trades are taken back off (AGAIN)
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Rollercoaster is too tame of a word to describe the kind of insanity being created in our financial markets by the computer algorithms. Yest...
3 comments:
CME working to release transferred MF Global accounts for trading
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For the sake of those who read this site and whose accounts were impacted by the mess at MF Global, here is the latest news from the CME Gro...
Tuesday, November 8, 2011
The Berlusconi Bash
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Maybe that is a bit of an overexaggeration but it was the news that Italian Prime Minister Berlusconi was stepping down, resigning his posit...
3 comments:
Monday, November 7, 2011
Euro Gold within 70 euros of its all time high
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Gold when priced in terms of the Euro is showing great strength continuing to track higher ever since it found buying support at the 61.8% F...
2 comments:
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