Trader Dan's Market Views

Market Insights and News

Sunday, December 22, 2013

Some Christmas Fun

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In the spirit of the season, a broker buddy of mine, JB Slear over at Fort Wealth Trading, put together a rather humorous Christmas presenta...
9 comments:
Friday, December 20, 2013

Weekly Gold Chart

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I think the chart speaks for itself. Gold has managed to put in the worst WEEKLY CLOSE since July 2010, three and a half years ago. The bo...
78 comments:

Commitment of Traders

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This week's Commitment of Traders report for gold ( covering the period up through Tuesday of this week, 12/17/2013) reveals that the sp...
22 comments:

US GDP increases faster than expected

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US 3Q GDP was revised higher from its initial 3.6% increase to a surprising 4.1% increase. The Commerce Department stated that a revision in...
39 comments:
Thursday, December 19, 2013

Long term Gold Chart

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This monthly chart reveals possible downside targets IF critical support just below the $1180 level gives way. Notice the median line and ...
39 comments:

Gold Mauled as Bears Growl

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Yesterday's late session plunge in gold, during the Bernanke press conference, was a harbinger of things to come for the yellow metal. I...
32 comments:
Wednesday, December 18, 2013

Gold breaks support but recovers

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Gold was all over the place today but it really took it on the chin during the Bernanke press conference. It actually broke down below the ...
39 comments:

Ten Year Treasury Yield Closing in on Yearly Highs

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It will be interesting to see the response from the various FOMC governors should this critical indicator push ever closer to 3%. Their resp...
1 comment:
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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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