Gold •145 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 943.90 | -0.60 | -0.06% | |
WTI Crude •10 mins | 68.96 | +0.02 | +0.03% | |
Gasoline •1 hour | 2.001 | -0.061 | -2.95% | |
Ethanol •145 days | 2.161 | +0.000 | +0.00% | |
Silver •145 days | 30.82 | +1.16 | +3.92% |
Silver • 145 days | 30.82 | +1.16 | +3.92% | ||
Copper • 145 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 18 mins | 73.01 | -2.16 | -2.87% | ||
Natural Gas • 10 mins | 3.311 | -0.058 | -1.72% | ||
Heating Oil • 14 mins | 2.243 | +0.007 | +0.32% |
Contributor since: 26 Feb 2010
Mike Burk independently publishes a weekly newsletter on the stock market from a technical perspective.
The good news is: • All of the major averages closed at multi year highs on Friday, several closed at all time highs. The breadth…
The good news is: • The Dow Jones Industrial Average closed at a multi year high on Friday. The negatives New index highs are a…
The good news is: • There was no significant increase in the number of new lows during the recent weakness. The negatives While the politicians…
The good news is: • The major indices as well as the breadth indicators have held up well during what has been an historically weak…
The good news is: • Most of the major indices closed at or very near multi year highs again last Friday. The negatives Most of…
The good news is: • Most of the major indices closed at or very near multi year highs again last Friday. The negatives The market…
The good news is: • Most of the major indices closed at or very near multi year highs again last Friday. The negatives The market…
The good news is: • Most of the major indices closed at or very near multi year highs again last Friday. The negatives The market…
The good news is: • Most of the major indices closed at or very near multi year highs on Friday. The negatives Volume could be…
The good news is: • The S&P 500 (SPX), Russell 2000 (R2K) and S&P Mid Cap (Mid) indices all closed at multi year highs on…
The good news is: • There is only 1 day of selling for tax reasons remaining. With the largest tax increase ever, scheduled to take…
The good news is: • The remainder of the year is usually influenced by strong, positive, seasonal factors. Volume has been unusually high for this…
The good news is: • Seasonally last week was the weakest period of the month and the market survived it quite well. The negatives The…
The good news is: • Most of the major indices have managed to go up for 3 consecutive weeks. The negatives It was not surprising…
The good news is: • The market is closely following the average seasonal pattern and that pattern calls for another week of modest strength. The…
The good news is: • The market is closely following the average seasonal pattern and that pattern calls for another 2 weeks of strength. The…
The good news is: • The market is oversold going into a seasonally strong period. The negatives There has been no sign of a bottom…
The good news is: • There will be clear signals when a bottom has been reached. The negatives The accumulation of new lows has been…
The good news is: • Especially recently, Presidential elections have coincided with market turmoil and that should be over shortly. The negatives New lows have…
The good news is: • The market has been following the seasonal pattern quite closely and next week, on average, has been very strong seasonally.…