Trader Dan's Market Views

Market Insights and News

Tuesday, July 29, 2014

US Dollar Moving for a Test of Resistance

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Since November of last year, the US Dollar has been thwarted from beginning any sort of upward trending move by the region near 81.50 on the...
15 comments:
Monday, July 28, 2014

Corn and Bean Ratings see Slight Decline

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This afternoon's USDA Crop ratings showed a slight bit of deterioration in the crops this week. Coming from the incredible conditions th...
5 comments:

Bullish Cattle on Feed Report sends Cattle Futures Lower

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Yes, you read that headline correctly - we do not call it the "Cattle on Fade" report for nothing. Cattle launched out of the sess...
15 comments:
Thursday, July 24, 2014

Weak Chinese Demand news undercuts Gold

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The Chinese trade group, China Gold Association, issued a report noting that total Chinese gold demand for the first half of 2014 fell by 13...
77 comments:
Wednesday, July 23, 2014

Thoughts on Wild Swings in Price

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It is both amusing and saddening at the same time to read the continued comments from the perma bulls in the gold community who bemoan every...
32 comments:
Tuesday, July 22, 2014

Euro Currency Breakdown

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We have been watching the Euro closely here over the past few weeks and have noted that the 1.35 level has been a strong support zone on its...
30 comments:
Saturday, July 19, 2014

Copper Market Signal Remains Unclear

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In attempting to ascertain the overall strength of the global economy ( or at least what traders are thinking in regards to it) long time re...
52 comments:
Friday, July 18, 2014

Gold Continuing to Closely Track the TIPS spread

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Here is an updated chart. Note how the pair is moving almost exactly in unison. As inflation expectations subside, gold prices move lower. A...
39 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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