Mike Paulenoff

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• Climb in Yields Could Benefit Equities, though Flight to Commodities Continues

  Published 11 July 2008 | viewed 3,046 times

  Interesting that the TLT's (Lehman 20 year T-bond ETF) fell 1.4% on Friday, which reflects a climb in 10-year T-note yields to 3.94% from 3.83%…

• SP 500 Approaching Critical Test of March Low

  Published 26 June 2008 | viewed 3,302 times

  The relentless selling pressure that has transpired since about 3 PM ET yesterday (Wednesday) despite some intense oversold readings and developing momentum divergences has started…

• Oil Rising, Clean Energy Reversing?

  Published 12 June 2008 | viewed 2,797 times

  When I look at the daily chart of crude oil, now it appears that a new upleg is in progress with a target of ...…

• Higher Oil Bullish for Clean Energy? Not Necessarily!

  Published 02 June 2008 | viewed 2,621 times

  One would think that if crude oil were about to spike to $150/bbl or higher, that the "clean energy" portfolio, otherwise known as solar stocks,…

• SP in Developing Bullish Pattern, While Oil Still Refuses to Rest

  Published 15 May 2008 | viewed 2,702 times

  Thursday morning I posted a weekly S&P 500 chart for subscribers noting: "Although we still have two trading days remaining this week, a very interesting…

• Near-term Top in the Euro/Dollar, Bottom in SP 500?

  Published 08 May 2008 | viewed 3,468 times

  Two very significant technical breakouts could be approaching at the moment that will confirm a near-term top in the Euro/Dollar and an intermediate-term bottom in…

• Gold Highs, Dollar Lows Not for Long

  Published 15 April 2008 | viewed 4,981 times

  There is a fascinating technical situation in the euro-$ vs. the pattern exhibited by spot gold prices. All of the action in the euro from…

• Technical Set-ups Promising

  Published 24 March 2008 | viewed 3,343 times

  The Q's emerged from a three-week base formation today, breaking above key near-term resistance at 43.40/50, and then following through to attack the next important…

• Forward Thinking for the Markets

  Published 15 March 2008 | viewed 4,228 times

  I am not the only market-watcher who has noticed that although the news seems to get progressively worse for the banks and brokers, and stress…

• Commodities Sell Off, Though Natural Gas Bucks Trend

  Published 04 March 2008 | viewed 3,726 times

  Oil, gold, and the agricultural commodities are experiencing some serious selling pressure for a change, as reflected by the charts through Tuesday. First let's have…

• Could Gold Mimic Platinum's Move?

  Published 23 February 2008 | viewed 3,542 times

  My technical work is telling me (and has been telling me) that gold prices (the GLD) is on borrowed time on the upside, and that…

• Countertrend Rally Has Higher to Climb

  Published 17 February 2008 | viewed 4,307 times

  Here is a look at the two scenarios for the SPY -- the S&P 500 ETF. My preferred count calls for a climb towards 140…

• Short-term Upside in SP500 and NDX

  Published 02 February 2008 | viewed 4,804 times

  This week we're looking at some short-term patterns for trading this volatile market, starting with the hourly chart on the S&P 500 Depository Receipts (SPY),…

• Dominant Trend Remains Down

  Published 25 January 2008 | viewed 3,506 times

  In the end, investors and traders really did not want to go home long equities Friday, even after the Fed's emergency rate cut on Tuesday,…

• Buyers Will Prevail

  Published 14 January 2008 | viewed 4,907 times

  Tuesday morning ahead of the open, Citigroup (C) reports earnings, which needless to say, could be problematic for the company, the financial sector, and for…

• No Bottom Yet...According to Intermediate Charts

  Published 08 January 2008 | viewed 4,477 times

  A relatively impressive recovery rally during the final 30 minutes of trading, or was it? In fact, based on the pattern carved-out by the Q's,…

• Long-Term Bull Trend Still Intact

  Published 28 November 2007 | viewed 4,445 times

  This is a very interesting and important chart right about now. Let's take a closer look?and what we see is that this week's action (so…

• Shorting Overbought Commodities

  Published 13 November 2007 | viewed 4,550 times

  The big picture of the DUG (the ProShares UltraShort Oil & Gas ETF) shows Monday morning's huge upside opening gap and follow-through that amounts to…

• Roaring Into the Top

  Published 26 October 2007 | viewed 4,208 times

  Thinking outloud: Frankly, a sharply falling dollar coupled with sharply rising (historic) oil prices amidst credit and housing crises would not be considered my ideal…

• Equities Topping but Oil has Further to Gush

  Published 12 October 2007 | viewed 4,618 times

  So far, Thursday's plunge in the Nasdaq, as gauged by the QQQQ's, represents only a "minor" pullback within the dominant August-Ocotber uptrend -- unless, of…