Trader Dan's Market Views

Market Insights and News

Wednesday, September 17, 2014

Silver Chart ( by Request)

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Here is a look at the weekly chart of silver which has already fallen below chart support near $18.60 and thus far has not been able to reg...
53 comments:

GLD continuing to disgorge gold

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One of my main metrics for measuring the intensity of Western-oriented investment demand for gold is the giant ETF, GLD. When gold prices ar...
18 comments:

FOMC Statement sends Dollar Higher, Gold lower

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The big thing that traders are taking away from today's much anticipated FOMC statement is the $10 billion further reduction in QE which...
18 comments:
Tuesday, September 16, 2014

Copper Short Squeeze Pulls Metals Higher

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If you ever want to know why we commodity traders are occasionally prone to be heard muttering meaningless, seemingly disconnected sentences...
53 comments:
Monday, September 15, 2014

USDA Latest Crop Conditions

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Here is a summary:                                    EXCELLENT                                                                  GOOD    ...
36 comments:

China's Economic Data Unsettles Copper Bulls

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More pressure on the copper price this morning is coming as a result of news out of China that its industrial production for August showed t...
10 comments:
Saturday, September 13, 2014

Large Specs Continue Playing corn from the Long Side....and Losing

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I have been commenting for some time now about the apparent disconnect between the hedge fund community and their slavish devotion to comput...
37 comments:
Friday, September 12, 2014

Hedge Funds Exiting Gold once Again

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Take a look at the chart and you will see what I meant in choosing the title for this post. In the last two months alone, the NET LONG p...
95 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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