Trader Dan's Market Views

Market Insights and News

Thursday, January 2, 2014

Index Funds buy Precious Metals

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Every year, those who manage the major commodity indices such as the Goldman Sachs Commodity Index ( GSCI) and the Dow Jones/AIG Commodity I...
24 comments:
Tuesday, December 31, 2013

Gold loses 28% to end the Year

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Extreme volatility/wild swings in price was the highlight of gold trading in today's end-of-the-year session. Some fund managers on the ...
36 comments:
Monday, December 30, 2013

Gold Down below $1200

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Gold is getting hammered down below the psychological support zone at $1200 as we move into the last day of trading before the advent of 201...
16 comments:
Tuesday, December 24, 2013

Merry Christmas

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  "For unto us a child is born, unto us a son is given: and the government shall be upon his shoulder: and his name shall be call...
56 comments:
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:
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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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