Trader Dan's Market Views

Market Insights and News

Saturday, May 24, 2014

Copper - A Case of Dueling Speculators

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I have long followed the Copper market for its predictive powers and its relatively accurate assessment of overall global strength of the la...
84 comments:
Friday, May 23, 2014

Copper Prices working Higher

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In looking over the recent Commitment of Traders report, one can observe the steady migration of the hedge fund community from off of the sh...
23 comments:

Ukraine Election moves to the Forefront

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All eyes will be on this weekend's upcoming election in Ukraine. Traders, especially gold traders, will be closely watching the reaction...
46 comments:
Thursday, May 22, 2014

Euro Weakness Remains

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I have been keeping a close eye on the Euro ever since ECB President Draghi began talking it down a couple of weeks ago. The reason for this...
63 comments:
Wednesday, May 21, 2014

GLD Holdings Continue Falling

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Here is an updated chart of the reported gold holdings of the large gold ETF, GLD. Holdings are currently at 776.89 tons, down 3.3 from ye...
17 comments:

FOMC Minutes Day

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Today was the day on which we get the release of the minutes from the April FOMC meeting. Traders were not expecting much out of these that ...
17 comments:
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:
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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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