Trader Dan's Market Views

Market Insights and News

Monday, April 28, 2014

Speak Loudly and Carry a Wet Noodle

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That pretty much sums up the market's reaction to the announcement of a new set of "sanctions" unveiled by the current adminis...
42 comments:
Friday, April 25, 2014

Safe Havens Boost Gold

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Once again, it is back to tracking events in Ukraine when it comes to gold. Traders are running away from risk and into the usual safe haven...
52 comments:
Thursday, April 24, 2014

HUI Chart

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A quick chart update... The 200 day moving average is serving to cap the move higher, for now. Nothing definitive either way, bull or bear...
31 comments:

Stop Hunting - the Financial Version of the Hunger Games

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Just a quick post for now to detail some goings on this morning.... more later including some charts... The Durable Goods number that came...
7 comments:
Tuesday, April 22, 2014

Goldman Sachs Saves Gold from Falling Apart

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Yes, you read that headline correctly, much to the chagrin of the GIAMATT crowd. What am I referring to? Answer - this morning, two analysts...
69 comments:
Monday, April 21, 2014

Gold Holds $1280 support; Remains Rangebound

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Not much going on in gold today - it ran down to test the bottom of its trading range near $1280 and bounced off of that. Strength in the Do...
39 comments:
Saturday, April 19, 2014

Weekly Gold Chart

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I wanted to take just a short bit of time between firing up the pit smoker and throwing some bovine flesh upon it to put up a quick chart of...
54 comments:
Thursday, April 17, 2014

Geneva Talks Pressure Gold

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"She loves me; she loves me not", could be the expression best used to "time" one's entry into or out of the gold ma...
29 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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