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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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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