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.


While the Q's digest their gains from yesterday PM in the vicinity of 39.35/30, possibly ahead of another late-session window-dressing thrust prior to quarter-end, and the e-SPZ circles unchanged, but preserves key support at 1230.00, which keeps yesterday's upleg intact and viable, 10 year T-note prices are sagging (longer term interest rates are ticking HIGHER), perhaps reflecting stronger-than-expected economic data released early from Chicago area Purchasing Managers... (their Sept. survey came in at 60.0 vs. expectations of 52.0, and an Aug. reading of 49.2)... Have a look at my updated daily chart analytics of the Dec. T-notes... The equity chart that would mimic the price action of intermediate-longer term bond prices is the TLT, which is trading now at 92.14. A break of 92.00 points to a plunge to 90.00.

For more of Mike Paulenoff, sign up for a FREE 30-Day Trial to his E-Mini/Index Futures diary. Or try his QQQ Trading Diary.

  • 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!