Trader Dan's Market Views
Market Insights and News
Thursday, May 9, 2013
US Dollar Surge through 100 Yen Derails Gold
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This afternoon, the long awaited movement by the US Dollar through PAR with the Japanese Yen finally occurred. As it did, the entire Forex m...
8 comments:
Tuesday, May 7, 2013
HUI - Lack of Buyers
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Sellers continue to dominate in the gold and silver mining sector as evidenced by the inability of these shares to get any sort of updraft f...
13 comments:
Australian Dollar Drops Sharply on RBA rate cute
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Big news in the Forex arena overnight was the move by the Reserve Bank of Australia to lower interest rates by 25 basis points. Chatter had ...
1 comment:
Saturday, May 4, 2013
Fed Induced Stock Market Mania
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After watching the effects of the mediocre payrolls number yesterday (Friday) which culminated in a push over 1600 in the S&P 500 and a ...
38 comments:
Trader Dan Interviewed at King World News Markets and Metals Wrap
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Please click on the following link to listen in to my regular weekly radio interview with Eric King over at the KWN Markets and Metals Wrap....
1 comment:
Friday, May 3, 2013
Massive Short Squeeze in Copper
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Copper had its single largest daily gain in over a year and a half in today's session coming on the heels of the payrolls number. That, ...
1 comment:
General Public now Net Short in Gold
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For the first time since the gold bull market began back in 2001, the general public, the small specs, are now NET SHORT in the gold futures...
5 comments:
Wednesday, May 1, 2013
China Data Fuels Talk of Global Slowdown
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China released its version of the PMI (Purchasers Management Index) today and the news was not good. Analysts had expected a reading of 50.9...
12 comments:
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