Trader Dan's Market Views
Market Insights and News
Friday, December 14, 2012
HUI Weekly Chart still looks heavy
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One month ago, the HUI managed a nice bounce off of an important chart level of support coming in near the 440 level. The following two week...
4 comments:
Putting things in Perspective
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The horrible news out of Connecticut this morning should help us all to put things in their proper perspective. It is not possible to find t...
43 comments:
Wednesday, December 12, 2012
Whoops - that Didn't Last Long!
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Watching the late session price action in the Emini S&P 500 is quite disconcerting if you were expecting the market to greet the Fed...
2 comments:
Gold up on FOMC news but fails to clear Resistance
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Gold is thus far responding to news coming out of the FOMC meeting as could have been expected. It is moving higher as traders build in a mo...
6 comments:
Friday, December 7, 2012
Silver still Mirroring the CCI
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Silver continues to mirror the CCI with traders unsure of what direction to take things next.
7 comments:
Mining Shares Eroding further Against Gold
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When I normally lay out a chart detailing the ratio of the mining shares to the price of an ounce of gold, I use the HUI. I will still put u...
7 comments:
YenGold near all time Highs
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TAke a look at the following chart of gold, priced in terms of the Japanese Yen, and then tell me that the Japanese monetary authorities and...
Thursday, December 6, 2012
Gold Pops above $1700; Silver above $33
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Shorts decided to book profits today when the market appeared to have encountered some decent sized buying down near the session lows. Addit...
2 comments:
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