Gold •141 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 968.90 | -1.60 | -0.16% | |
WTI Crude •10 mins | 70.15 | +0.05 | +0.07% | |
Gasoline •37 mins | 2.054 | -0.005 | -0.26% | |
Ethanol •141 days | 2.161 | +0.000 | +0.00% | |
Silver •141 days | 30.82 | +1.16 | +3.92% |
Silver • 141 days | 30.82 | +1.16 | +3.92% | ||
Copper • 141 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 40 mins | 74.23 | +1.42 | +1.95% | ||
Natural Gas • 10 mins | 3.418 | +0.079 | +2.37% | ||
Heating Oil • 37 mins | 2.271 | -0.003 | -0.13% |
Contributor since: 26 Feb 2010
Mike Paulenoff is author of the MPTrader.com, a real-time diary of his technical analysis and trading alerts on ETFs covering metals, energy, equity indices, currencies, Treasuries, and specific industries and international regions.
As the week closes, let's take a look at the BIG picture of the weekly cash S&P 500. Let's notice that earlier this week the…
The S&P 500 had an interesting week. In the aftermath of the FOMC announcement on Wednesday, the SPX climbed to 803.24 to make new recovery…
Interesting day on Friday. When the dust settled, the Dow and the SPX were on their lows, while the NDX showed relative resillience. Meanwhile, the…
Regardless of whatever carrot stick the Administration or Congress dangles in front of the equity market, my work continue to warn me that since the…
If nothing else, then the next few days will make or break the current upmove in the equity market. Either the advance will feed on…
Incredible that the (cash) equity indices closed slightly positive on the session on Friday after a very ugly overnight session. Most glaring from my perspective…
Both the SPDR Gold Shares (NYSE: GLD) and the iShares Silver ETF (AMEX: SLV) reversed to the upside Friday morning after getting hammered during the…
One sector that I continue to follow closely is agribusiness, which technically argues for upside continuation from a base-like pattern structure that has developed since…
As we speak, the VIX is trading BELOW its 11/04 low at 44.25, which COULD imply that the e-SPH (890.25) and S&P 500, including the…
The seven-week sideways coil pattern in the daily chart of the Euro/$ resolved itself to the upside earlier this week. The ability of the Euro/$…
Last week we wrote about the Lehman 20+ Year T-Bond ETF (AMEX: TLT) as an indicator of flight to safety, which we believed was starting…
I must confess that the pattern in the bond market is a bit surprising. Yield on the 30-year T-bond fell to a low of 3.48%…
Friday's low in the S&P 500 at 741.02 tested the monthly trendline going back to October 1987, after breaking the October 2002 low at 768.60.…
I have been watching the Market Vectors Gold Miners ETF (AMEX: GDX) closely since its October low at 15.74 and I am very impressed with…
The enclosed weekly chart of the DJIA has the look of unfinished business on the downside prior to completing the decline off of the October…
The most salient aspect of the weekly chart of the S&P 500 is that despite the fact that the index closed 60 points off of…
After what appeared to be a crash in September, and a BIG SAVE by the Govt, everyone will be "happy and long" into the end…
Tuesday likely will be another pivotal day for equities, with Goldman Sachs earnings due out before the opening bell, and at 2:15 PM ET, the…
Although the Market Vectors Gold Miners ETF (GDX) action may not feel like it is at or very near to a significant low, the pattern…
Equities are on a roll. Looking at the Nasdaq through the daily chart of the Nasdaq 100 Trust Shares (QQQQ), we see that the Q's…