Trader Dan's Market Views

Market Insights and News

Monday, February 17, 2014

Personal Consumption Expenditure Index

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I ran the data series from this index, which is supposedly one of the favorites that the Fed likes to monitor, to see if we could detect any...
14 comments:
Sunday, February 16, 2014

Velocity of Money still Falling

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Granted the most recent data ( Oct 2013) shows the key indicator still falling, we are still waiting for the January 2014 numbers. They shou...
20 comments:
Saturday, February 15, 2014

Sloping Trendlines

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I have been asked this question by some readers and wanted to tackle it here. Many have noticed that I do not often use down-sloping or up-s...
46 comments:
Friday, February 14, 2014

More Dollar Weakness - More Strength in Gold

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Dollar weakness continues to be the theme this week as it continues to work lower nearing a chart support level near the 80.00-79.50 zone. I...
22 comments:

Note to Bee Hive Thieves - See Punishment meted out to Horse Thieves in the Old West

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http://sacramento.cbslocal.com/2014/02/13/honey-price-increases-lead-to-jump-in-beehive-thefts/
2 comments:
Thursday, February 13, 2014

Old Yeller makes it above $1300

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It has been a while since we have seen a "13" handle in front of Ol' Yeller, three months to be precise! Gold has managed to s...
20 comments:
Wednesday, February 12, 2014

Quick Look at GLD

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Here is the latest number for the reported holdings of the big gold ETF, GLD. As of the close of business today, GLD is reporting total gold...
34 comments:
Tuesday, February 11, 2014

Gold Shares Continue Strong

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Once again another day passes in which the mining shares continue to lead the bullion markets higher. Today the HUI tacked on further gains ...
22 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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