Trader Dan's Market Views

Market Insights and News

Thursday, July 10, 2014

Foreign Central Bank Buying of Treasuries Rising

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Much has been made at the usual sites about Foreign Central Banks supposedly not buying US Treasuries. One has to always take these claims w...
13 comments:

Cattle Break Lower; Demand Fears

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Regular readers of the site will recall that I have been commenting on the rise in the price of beef this spring and summer. The reason goes...
3 comments:

Selling Hits Gold Late in Session; Miners hit hard

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It did not take long for the longs in the gold mining sector to start a wave of profit taking. That came in when the mining indices could no...
4 comments:

Economic Jitters out of Europe, Geopolitical events supporting gold

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Iraq turmoil; Portugal turmoil; Israel turmoil; Ukraine turmoil - add them all together and you get a higher gold price. The flip side is lo...
13 comments:
Tuesday, July 8, 2014

Soybean Chart Analysis

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Ever since that last USDA report, wherein the agency surprised the market with a big jump in planted acreage, the beans have been on the def...
24 comments:

Russell 2000 continues to Flash Negative Divergences

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Not that it has made the least bit of difference to the continuing price rise over the last year, but each new weekly high in this very risk...
6 comments:
Monday, July 7, 2014

Trader Dan's Grain Index Notches 42 month low

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Benevolent weather and falling demand ( in anticipation of weaker prices ahead ) has led to heavy selling across the entirety of the grain f...
17 comments:
Thursday, July 3, 2014

Strong Jobs Number Sends Stocks to New Highs

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The ADP numbers yesterday were indeed a precursor to today's very strong payrolls number. The market was expecting a good number and tha...
30 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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