Mike Paulenoff

Mike Paulenoff is author of www.MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking.

Articles by Mike Paulenoff

After performance results for the record books in the first quarter of 2019, the stock market is entering a very challenging period in April.

To be sure, the success and presumed benefit from a US-China Trade Deal remains a big economic...
In my article last weekend, "Another Fibonacci Price and Time Intersection Approaches Heading into a Week Fraught with Headline Uncertainty," I discussed the importance of the intersecting time (Mon Feb 25) and price  (2803....
In last weekend's article, we focused on the relentlessly advancing S&P 500 (SPX) from its December 26 low at 2346.58 into an important Fibonacci price and time resistance zone at 2713.70 on January 31.

The 2713.70 level represented...
On the morning of Wednesday December 26, the first trading day after the Christmas Day holiday, the ES (e-mini March S&P 500) plunged to a new three-month corrective low at 2316.75, a full 21.4% beneath its September 21 high. In the...
Ten-year yield has climbed to a new post-July 2016 (1.32%) high at 3.17%, the highest yield since July 2011, over 7 years ago! 

From a technical perspective, today's surge above May-Oct 2018 resistance at 3.11% is a reaction to...
The chart set-up that cried Wolf — my weekly chart of the QQQ's — is at it again, threatening to stalk overzealous holders of technology long positions.  I really don't know if the wolf is a real threat this time or not, but the...
Now that POTUS has weighed directly into the currency manipulation issue, basically accusing both the EU and China of manipulating their currencies lower to achieve competitive advantage while the US economy attempts to fire on all...
A big-picture perspective of the S&P 500 (SPX) shows that the most recent up-leg off of the June 28 low at 2691.99 has climbed to a new high at 2816.25, or +4.6%.  In so doing, the SPX has hurdled its prior two...
As noted recently, we have had strong reasons technically as well as from a macro perspective to be bullish on the ProShares UltraShort 20+ Year Treasury (TBT) since its low just under 33 on September 7.

And the TBT has continued to...
One of the main reasons why silver acts so sluggish relative to gold is a function of the gold/silver ratio, which shows that gold has been outperforming silver since March 2011-- and based on the enclosed chart, likely will continue to do...
Gold falls on firm dollar, China rate cut lends support