Mike Paulenoff

Contributor since: 26 Feb 2010

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• Treasury Yields Setting Up for Advance

  Published 05 December 2009 | viewed 4,234 times

  The 10-Year Treasury Bond yield commanded our attention this past week, and we see it as one of the most important charts entering 2010. Why?…

• Gold at New Highs, Dollar Continues Slump

  Published 16 November 2009 | viewed 2,234 times

  More of the same... spot gold prices continue to climb to new all-time highs, while the dollar index continues to slump just below 75.00 (which…

• Familiar Feel to SP 500 Strength

  Published 08 November 2009 | viewed 3,976 times

  The strength of this week's upmove in the S&P 500 had a familiar 'feel'; to it. Why? After such a nasty close last Friday, prices…

• Ominous Technicals for SP 500

  Published 30 October 2009 | viewed 5,979 times

  Friday's action could have been one of the more destructive technical sessions in recent memory. Not only did the day's weakness totally reverse Thursday's upside…

• Pressure on Gold

  Published 11 October 2009 | viewed 3,578 times

  As of this moment the Market Vectors Gold Miners ETF (NYSE: GDX) is warning me that the upleg from the October 2 low at 42.28…

• SP 500 Vulnerable to Downside Test of Lower Bollinger Band

  Published 26 September 2009 | viewed 4,296 times

  The juxtaposition of the Bollinger Bands with the price structure has caught my attention ahead of the weekend. Let's notice that since Wednesday's peak at…

• Eye on Gold and the Short SPY

  Published 19 September 2009 | viewed 3,723 times

  We've had an interest in the long gold (GLD) and short SPY (SH) trades this week, where we gained several percentage points on the former…

• SP 500 Uptrend Remains Intact and Dominant

  Published 11 September 2009 | viewed 3,208 times

  It is remarkable that after a 6% upmove in six sessions, the S&P 500 closed down only 0.13% on Friday. Early in the session the…

• Out of the Dollar into Gold

  Published 04 September 2009 | viewed 4,772 times

  The dollar was on the defensive Friday after holding its value relatively well since Wednesday's upside explosion in gold prices. Let's notice that the Dollar…

• Bullish on Oil and Gas ETF

  Published 28 August 2009 | viewed 3,004 times

  My hourly work is "warning" me that crude oil's powerful rally off of yesterday's low at 69.83 into the morning high at 73.3 exhibits a…

• Strong Upmove in XLF Smacks Into Stronger Intermediate-term Downtrend

  Published 09 August 2009 | viewed 3,024 times

  This week's surge in financials in general and the TARP banks in particular ran the Financial Select Sector ETF (XLF) from last Friday's close at…

• XLF Needs to Break Its Down Trendline

  Published 01 August 2009 | viewed 2,615 times

  The big picture of the Financial Select Sector ETF (XLF) shows that the recovery thus far has not yet challenged the dominant bear market down…

• Q's Poised to Thrust to New High Ground

  Published 24 July 2009 | viewed 2,847 times

  Despite the acutely negative earnings reactions in some big-cap technology names Thursday evening, the PowerShares QQQ Trust (Nasdaq: QQQQ) showed incredible resilience and relative strength…

• Resistance Should Contain Rangebound Brazil ETF

  Published 27 June 2009 | viewed 2,854 times

  Let's have a look at the pattern developing in the iShares Brazil ETF (EWZ). Forgetting for a moment that this is a chart of the…

• Gold's Rally Potential in Doubt

  Published 12 June 2009 | viewed 3,955 times

  The more I examine gold market technicals, the more suspicions I have about its rally potential. The recent weakness in spot gold prices has just…

• Natural Gas Heats Up

  Published 05 June 2009 | viewed 4,156 times

  The U.S. Nat Gas Fund ETF (UNG) was up for most of the session Friday, closing flat, while the U.S. Oil Fund ETF (USO) closed…

• Igniting Silver and Gold

  Published 24 May 2009 | viewed 4,265 times

  The Market Vectors Gold Miners ETF (NYSE: GDX) hit my initial upside trading target zone of 42.50 in the aftermath of its upside breakout from…

• Symmetry Scenario Gives SP 500 Decline More Room to Run

  Published 17 May 2009 | viewed 3,712 times

  Let's say that the symmetry exhibited by the March-May rally with the January-March decline continues into the future. What would the next leg of the…

• Bulls Remain in Control

  Published 26 April 2009 | viewed 3,820 times

  The PowerShares QQQ Trust (QQQQ) continue to act very strong as they make new recovery highs at 33.93 in an effort to accelerate to the…

• More Downside for Gold; Bottom in for Natural Gas

  Published 17 April 2009 | viewed 4,641 times

  Just a word about gold, which since 2/16 has lost about 12% in value, while the S&P 500 Depository Receipts (SPY) has gained about 7%.…