Gold •172 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 941.40 | +5.00 | +0.53% | |
WTI Crude •10 mins | 69.88 | +0.42 | +0.60% | |
Gasoline •59 mins | 1.953 | +0.011 | +0.56% | |
Ethanol •172 days | 2.161 | +0.000 | +0.00% | |
Silver •172 days | 30.82 | +1.16 | +3.92% |
Silver • 172 days | 30.82 | +1.16 | +3.92% | ||
Copper • 172 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 11 mins | 73.32 | +0.38 | +0.52% | ||
Natural Gas • 10 mins | 3.870 | +0.122 | +3.26% | ||
Heating Oil • 25 mins | 2.254 | +0.022 | +1.00% |
Contributor since: 26 Feb 2010
Mike Burk independently publishes a weekly newsletter on the stock market from a technical perspective.
The good news is: • Until last Friday new lows have been insignificant. The negatives Seasonally there is another week of weakness ahead of us.…
The good news is: • The part of the 4th year of Presidential Cycle with the most extreme negative seasonal bias behind us. The negatives…
The good news is: • All of the major broad based indices were up last week in spite of a negative seasonal bias. The negatives…
The good news is: • All of the major, broad based, indices were down last week, but there was no significant increase in the number…
The good news is: • All of the major, broad based, indices were down slightly last week, but there was no significant increase in the…
The good news is: • All of the major, broad based, indices closed at multi year highs on Friday. The negatives The first chart shows…
The good news is: • The blue chip indices closed at multi year highs Friday. The negatives September got off to a nice start, most…
The good news is: • Last week the secondaries outperformed the blue chips for the first time in a while. The negatives August was a…
The good news is: • Most of the major indices were down for 4 consecutive days last week and, during that time, there was no…
The good news is: • The Dow Jones Industrial Average (DJIA) closed at a multi year high Friday while the S&P 500 (SPX) fell short…
The good news is: • Most of the blue chip indices closed at multi month highs on Friday. The negatives The market is overbought. The…
The good news is: • Most of the blue chip indices closed at multi month highs on Friday. The negatives Last week was similar to…
The good news is: • Many of the major indices closed at multi month highs on Friday. The negatives The rally last week was good…
The good news is: • The NYSE advance - decline line hit an all time high last Thursday. The negatives The rally over the past…
The good news is: • New lows increased only modestly last week while most of the major indices were down for 6 consecutive days. The…
The good news is: • The NYSE advance - decline hit a new all time high for the first time since early May. The negatives…
The good news is: • Most of the indices and indicators closed at or near their highs for the month. Last Friday the dollar index…
The good news is: • The secondaries outperformed the blue chips last week. The negatives The negatives disappeared. The positives New lows continued declining last…
The good news is: • It looks like a short term bottom is in place. New lows held at relatively low levels last week while…
The good news is: • New lows declined significantly this past week. The negatives The 4th year of the Presidential Cycle has been, on average,…