Trader Dan's Market Views

Market Insights and News

Wednesday, May 16, 2012

Gold Bouncing from Support in Asian Trade

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After what seems like a nearly vertical fall in the gold price over the last 7 or 8 days, gold is finally getting a bit of a reprieve this e...
2 comments:

Why the Delay from the Fed in Announcing Additional Stimulus Measures

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With all the turmoil and commotion occurring in Europe, with slowing growth in China and with mixed signals coming out of the US, and now, e...
4 comments:
Tuesday, May 15, 2012

Risk Aversion Money Flows Drop the HUI

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The mining sector was weak to start the session even as some larger entities were attempting to force the S&P futures above the 1350 lev...
9 comments:
Monday, May 14, 2012

HUI Fails to Confirm the Upside Reversal Day of Last Week

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Today's selling downdraft in the broader US equity markets, when combined with more of the risk off trades, derailed the tentative Upsid...
8 comments:

Gold Probing the $1550 Level

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Gold has continued to see further selling in today's session with traders once again exiting "RISK" trades in favor of the ...
8 comments:
Saturday, May 12, 2012

Trader Dan on King World News 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:/...
1 comment:
Friday, May 11, 2012

Silver Chart and Comments

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Silver continues to be the poor poster child for the Deflation or Risk Aversion Trade. It's chart is abysmal at this point as it has ste...
5 comments:

Things are getting downright Dicey

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Take a look at the following charts and you will perhaps see what is making me extremely nervous. The first is the Continuous Commodity In...
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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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