Trader Dan's Market Views

Market Insights and News

Tuesday, June 10, 2014

US Dollar takes out Chart Resistance

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It appears as if the weakness in the Euro finally enabled the Dollar to take out overhead chart resistance. Last week, when the ECB announce...
26 comments:
Monday, June 9, 2014

Gold Comatose; Corn Sinks on China news

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Watching gold trade today was worse than watching paint dry. At least the latter provides some satisfaction when the painter steps back and ...
16 comments:
Friday, June 6, 2014

Metals Commitments of Traders

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To start this short set of comments, let's begin with Copper, which was hit hard this past week as news came out of China that the aut...
81 comments:

D Day - 70 year Anniversary

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Many us of tend to get so engrossed in the markets that we often forget or are distracted to the point of forgetting, that the reason we are...
14 comments:

Jobs Day Arrives

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Yesterday was "one down, one to go". Today was the "one to go" day. We got the employment numbers and they came in stron...
16 comments:
Thursday, June 5, 2014

One Down; One to Go

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The big day ( One Down) that we have been waiting for this week has finally arrived with the ECB taking some steps to provide a sort of mone...
21 comments:
Wednesday, June 4, 2014

Dueling Economic Data

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There were two pieces of economic data released this morning, both of them conflicting ( figures!). The first was the ADP private sector jo...
43 comments:
Tuesday, June 3, 2014

GLD Holdings continue to Rise

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IT has been several days since GLD last reported any change in its gold holdings. You might recall from a previous post here http://trader...
27 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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