Trader Dan's Market Views

Market Insights and News

Friday, June 13, 2014

Commodities Getting Some Money Flows

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Trying to keep track of the vagaries of these markets in this goofy era is becoming a near exercise in futility. Sentiment flops back and fo...
14 comments:
Thursday, June 12, 2014

Crude goes One way; Copper goes the Other

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I hope you enjoy paying high prices at the gasoline pump because they are back on their way once more. Take a look at the following chart ...
27 comments:

Iraq Cities Fall to Terror Groups - Oil soars

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Watching this disaster unfold before our eyes makes me sick beyond words can express. To realize how many of our men and women gave their li...
32 comments:
Wednesday, June 11, 2014

Gold Chart

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Gold has been trekking slowly higher on low volume as it inches away from support at $1240. Calls for slower global economic growth seem to ...
28 comments:

USDA Supply-Demand Report Day

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USDA released its Supply/Demand numbers this AM. Based on those, they are expecting a record US corn crop of 13.935 billion bushels on a yie...
23 comments:
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:
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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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