Michael Paulenoff has been a student of and a participant in the world financial markets for the past 25 years, since his graduation from the Georgetown University. Early in his career he analyzed the fundamental and technical aspects of the financial and commodity futures markets for Smith Barney, Harris Upham, and Drexel, Burnham, Lambert. From 1988 to 1993, he was President of MJ Capital Inc., a market analysis and trading firm, which advised clients involved in the financial futures and commodity markets. Republic National Bank recruited Mr. Paulenoff in January 1994, for the position of strategic trader, and market analyst on the bank's trading floor, which included analysis and trading of instruments in foreign exchange, emerging markets, stock indices, and precious metals. In February 1999, Michael founded MJP Market Strategies, Inc., a financial market advisory firm. In addition, from August 2000 through August 2001, he was the chief on-air market consultant and strategist for JAGfn, a live, daily 8-hour financial market webcast and cable TV show produced by Jagnotes, Inc.
Mr. Paulenoff has been a contributing analyst to Harry Boxer's The Technical Trader since June 2002, and in February 2003 launched MPTrader.com, a real-time diary of his technical analysis and ETF trading alerts on gold, oil, equity indices and other major markets.
Natural Gas (UNG) Pattern Still Constructive
Purely from a technical perspective, US Natural Gas Fund (UNG) weakness after its pre-open high at 41.00 to 38.91 represents a gap-filling expedition.
Natural Gas (UNG) Pattern Still Constructive
Purely from a technical perspective, US Natural Gas Fund (UNG) weakness after its pre-open high at 41.00 to 38.91 represents a gap-filling expedition.
Bearish Technicals For Nasdaq
The cash Nasdaq shows that the August 15 rally peak at 1973.56 and the subsequent decline back beneath 1890 appears to represent a failed test of the major October-August resistance line.
Gold Miners ETF (GDX) Decline Incomplete
Despite the 40% decline in the Market Vectors Gold Mining ETF (GDX) since March, the gold miners ETF does not exhibit a pattern of completion.
Gold Miners ETF (GDX) Decline Incomplete
Despite the 40% decline in the Market Vectors Gold Mining ETF (GDX) since March, the gold miners ETF does not exhibit a pattern of completion.
Larry Connors is a 22-year veteran of Wall Street. He was a vice president with Donaldson Lufkin and Jenrette, before starting his own trading and information companies. He is CEO and founder of TradingMarkets.com and is author of numerous books on trading including Street Smarts (with Linda Raschke) which was selected by Stocks and Commodities Magazine as one of the classics of the past century.
Michael Paulenoff has been a student of and a participant in the world financial markets for the past 25 years, since his graduation from the Georgetown University. Early in his career he analyzed the fundamental and technical aspects of the financial and commodity futures markets for Smith Barney, Harris Upham, and Drexel, Burnham, Lambert. From 1988 to 1993, he was President of MJ Capital Inc., a market analysis and trading firm, which advised clients involved in the financial futures and commodity markets. Republic National Bank recruited Mr. Paulenoff in January 1994, for the position of strategic trader, and market analyst on the bank's trading floor, which included analysis and trading of instruments in foreign exchange, emerging markets, stock indices, and precious metals. In February 1999, Michael founded MJP Market Strategies, Inc., a financial market advisory firm. In addition, from August 2000 through August 2001, he was the chief on-air market consultant and strategist for JAGfn, a live, daily 8-hour financial market webcast and cable TV show produced by Jagnotes, Inc.