Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report for June 2, 2012

  Published 02 June 2012 | viewed 0 times

  The good news is: • Friday's low was unconfirmed by many of the breadth indicators. The negatives It is the counter trend days that give…

• Technical Market Report for May 26, 2012

  Published 26 May 2012 | viewed 0 times

  The good news is: • Seasonally, next week has been one of the strongest weeks of the year. The negatives All of the major indices…

• Technical Market Report for May 19, 2012

  Published 19 May 2012 | viewed 0 times

  The good news is: • There should be a good buying opportunity near the end of the month and it should be easy to identify.…

• Technical Market Report for May 12, 2012

  Published 13 May 2012 | viewed 0 times

  The good news is: • There should be a good buying opportunity near the end of the month. The negatives New lows held above threatening…

• Technical Market Report for May 5, 2012

  Published 05 May 2012 | viewed 0 times

  The good news is: • There should be a good buying opportunity near the end of the month. The negatives Last week finished badly. New…

• Technical Market Report for April 28, 2012

  Published 28 April 2012 | viewed 0 times

  The good news is: • All of the breadth indicators turned upward last week. The negatives New highs increased nicely last week and most of…

• Technical Market Report for April 21, 2012

  Published 21 April 2012 | viewed 0 times

  The good news is: • New lows have retreated from threatening levels. The negatives Although prices have been rallying for the past week and a…

• Technical Market Report for April 14, 2012

  Published 14 April 2012 | viewed 0 times

  The good news is: • The market is oversold going into a seasonally strong week. The negatives As expected, new highs declined sharply last week.…

• Technical Market Report for April 7, 2012

  Published 07 April 2012 | viewed 0 times

  The good news is: • The S&P 500 (SPX) and Dow Jones Industrial Average closed at multi year highs last Monday. The negatives The lack…

• Technical Market Report for March 31, 2012

  Published 01 April 2012 | viewed 0 times

  The good news is: • In spite of finishing the week with 4 consecutive down days there was no increase in the number of new…

• Technical Market Report for March 24, 2012

  Published 24 March 2012 | viewed 0 times

  The good news is: • Although most of the major indices were down for the week, there was no increase in the number of new…

• Technical Market Report for March 17, 2012

  Published 17 March 2012 | viewed 0 times

  The good news is: • The blue chip indices closed at multi year highs on Friday. The negatives The rally of the last 3 months…

• Technical Market Report for March 10, 2012

  Published 10 March 2012 | viewed 0 times

  The good news is: • Most of the major indices closed within 1% of their multi year highs on Friday. Last week, after tumbling Monday…

• Technical Market Report for March 3, 2012

  Published 03 March 2012 | viewed 0 times

  The good news is: • The NASDAQ composite (OTC) and S&P 500 (SPX) closed at multi year highs Thursday. The negatives The secondaries and new…

• Technical Market Report for February 25, 2012

  Published 25 February 2012 | viewed 0 times

  The good news is: • The Dow Jones Industrial Average (DJIA), NASDAQ composite (OTC) and S&P 500 (SPX) closed at multi year highs Friday. The…

• Technical Market Report for February 18, 2012

  Published 18 February 2012 | viewed 0 times

  The good news is: • The Dow Jones Industrial Average (DJIA) and NASDAQ composite (OTC) both hit multi year highs again last week. The negatives…

• Technical Market Report for February 11, 2012

  Published 11 February 2012 | viewed 0 times

  The good news is: • The Dow Jones Industrial Average (DJIA) and NASDAQ composite (OTC) both hit multi year highs last week. The negatives The…

• Technical Market Report for February 4, 2012

  Published 04 February 2012 | viewed 0 times

  The good news is: • All of the major indices closed at multi month highs on Friday. The negatives The market is overbought. The chart…

• Technical Market Report for January 28, 2012

  Published 28 January 2012 | viewed 0 times

  The good news is: • The secondaries have been outperforming the blue chips. The negatives The market is overbought. The chart below covers the period…

• Technical Market Report for January 21, 2012

  Published 21 January 2012 | viewed 0 times

  The good news is: • The NYSE advance - decline line hit another new all time high last week. The negatives Since the beginning of…