Mike Paulenoff

Contributor since: 26 Feb 2010

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• Preparing for a Peak

  Published 03 October 2007 | viewed 5,349 times

  Today's action in the Nasdaq neither confirmed a near-term peak nor confirmed that the action off of Monday's new multi-year high represents a bullish congestion…

• Gold Glittering

  Published 04 September 2007 | viewed 4,075 times

  There are multiple reasons why gold and its ETF, the streetTRACKS Gold Shares (NYSE: GLD), could be emerging (finally) from a 15 month sideways bullish…

• Bullish on Treasuries and Financials

  Published 20 August 2007 | viewed 4,246 times

  Purely from a technical pattern, the XLF Financial Select SPDR, a sector that everybody is watching, appears to have completed a pullback in the aftermath…

• Yield on 10-Year Note Going Lower

  Published 30 July 2007 | viewed 3,873 times

  The yield of the 10-Year Treasury note climbed from 4.73% in March to 5.32% in June, at which point it had surged to a six-year…

• More Selling pressure Ahead Next Week

  Published 20 July 2007 | viewed 5,433 times

  With just an hour remaining in the session on Friday, I told subscribers to our Web site I was doubtful about the correction having ended,…

• Equity Markets Ignore Rising Oil

  Published 02 July 2007 | viewed 4,534 times

  Oil has been making an impressive move this past month. As seen through the chart of its ETF the U.S. Oil Trust (USO), oil is…

• Bulls Still in Control

  Published 25 June 2007 | viewed 4,002 times

  If you like volatility, Monday was your kind of day! On the other hand, if you want some sense as to whether the bulls or…

• Automakers Accelerating

  Published 18 June 2007 | viewed 3,929 times

  Last week I noted I was bullish on Japan and its ETF the iShares MSCI Japan Index (EWJ). A subscriber of ours today asked what…

• Bullish on Semiconductors and Japan

  Published 08 June 2007 | viewed 3,815 times

  So how are we supposed to treat Friday's rally? As the start of a new upleg, or an oversold bounce prior to another loop to…

• Wednesday's Action Pivotal in S and P

  Published 29 May 2007 | viewed 4,320 times

  There were plenty of cross-currents (otherwise known as "noise") in Tuesday's trading. Although I am not impressed with the day's action, no significant damage was…

• Bond Vigilantes Pounce on Prices...While Considerably More Upside Still Left in Equities

  Published 19 May 2007 | viewed 4,242 times

  What a week! My sense is that the watershed event that occurred was the plunge in the bond market (climb in yield), which I suspect…

• Steel Near Significant Peak

  Published 14 May 2007 | viewed 3,529 times

  Monday May 14, 2007 The Market Vectors Steel ETF (SLX) underwent a powerful key downside reversal on Monday, which argues that the steel sector is…