Trader Dan's Market Views

Market Insights and News

Friday, September 19, 2014

Speculators Remain Net Long as Gold Drops Lower

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I picked the headline because I wanted to add the following: "And are losing money". I am attaching two charts to this short pos...
179 comments:

Grain Markets coming to Grips with Reality

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There are two factors that are now finally becoming begin to seriously take hold among those who kept insisting that grains would experience...
54 comments:
Thursday, September 18, 2014

Gold Losing Ground in Other Assorted Currencies

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Some of the long time readers will know that I like to check the charts for gold, when priced in terms of the other major currencies, to get...
143 comments:
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:
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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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