Trader Dan's Market Views

Market Insights and News

Tuesday, May 20, 2014

Gold Holds Support; Constricts Further

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There was some news today dealing with gold demand from out of China, now the world's largest gold consumer, and it was not particularly...
73 comments:
Saturday, May 17, 2014

Mining Shares Looking for Friends

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Here is the weekly price chart of the HUI. It did not end the week on an encouraging note, with the close being the lowest since the week of...
76 comments:

Go and See "Godzilla" and have some Fun

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For an escape last evening I took the kids to see the movie, "Godzilla". As a kid growing up watching the monster both terrorizing...
1 comment:
Friday, May 16, 2014

USDA gets with the Trend

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Many of you have been reading about the increasing number of government agencies developing their own SWAT teams. USDA seems to be getting w...
24 comments:
Thursday, May 15, 2014

CME Lowers Gold and Silver Margin Requirements

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In a move that is sure to raise the ire of the GIAMATT crowd, ( insert sarcasm here ), the CME announced a reduction in margin rates for gol...
14 comments:

Risk Aversion sends Global Equity Markets lower, Bonds higher

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One never knows what the markets are going to focus on any given day ( which is the reason this never gets boring) but today seemed to be on...
6 comments:

CPI numbers

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Yesterday we got a surprise PPI number. Today we got a CPI that came in right on expectations. It showed a seasonally adjusted 0.3% rise ove...
12 comments:
Wednesday, May 14, 2014

Ten Year Treasury Yield Plunges

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I am still trying to make sense out of what is happening in the interest rate markets this morning, given that strong PPI number. The yield ...
55 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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