Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.


Final Hour DJIA Analysis
By Mike Paulenoff, MPTrader.com

Well, what should we say about today's trading? To us, the most salient feature of today's action is the inability of the stock indices to hold any of their attempted minor rally efforts. Every time they approach important resistance, the indices appear to hit a wall of selling pressure that pushes prices back into the middle of the days trading range. If this type of action keeps up during the final hour of trading, we would not be surprised to see liquidation overwhelm the indices during the last few minutes of trading- ahead of tomorrow morning's release of the January Unemployment data... which The Street expects to show addition to payrolls of about 60,000 workers (compared with a loss of 101,000O)....

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!