Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report for January 14, 2012

  Published 14 January 2012 | viewed 0 times

  The good news is: • The NYSE advance - decline line hit a new all time high last week. The negatives There have been remarkably…

• Technical Market Report for January 7, 2012

  Published 07 January 2012 | viewed 0 times

  The good news is: • The market got off to a good start for the year, all of the major averages were strong. The negatives…

• Technical Market Report for December 31, 2011

  Published 02 January 2012 | viewed 0 times

  The good news is: • The Dow Jones Industrial Average (DJIA) finished the year up, continuing a winning streak for the 3rd year of the…

• Technical Market Report for December 24, 2011

  Published 26 December 2011 | viewed 0 times

  The good news is: • The market got into the Christmas spirit and did what it was supposed to do last week, i.e., go up…

• Technical Market Report for December 17, 2011

  Published 17 December 2011 | viewed 0 times

  The good news is: • The dollar had a good week, unfortunately, in these perverse times, that was bad for equities. The negatives New lows…

• Technical Market Report for December 10, 2011

  Published 10 December 2011 | viewed 0 times

  The good news is: • The market has had two positive weeks in a row. The negatives The market has been responding to moves in…

• Technical Market Report for December 3, 2011

  Published 03 December 2011 | viewed 0 times

  The good news is: •The market had a good week last week. The negatives Depending on the index the market was up 7% - 10%…

• Technical Market Report for November 26, 2011

  Published 26 November 2011 | viewed 0 times

  The good news is: • The market is extremely oversold early in a seasonally strong period. The negatives We got some serious numbers of new…

• Technical Market Report for November 19, 2011

  Published 19 November 2011 | viewed 0 times

  The good news is: • The market is oversold going into a seasonally strong period. The negatives New highs declined a bit last week and…

• Technical Market Report for November 12, 2011

  Published 12 November 2011 | viewed 0 times

  The good news is: • There was no significant increase in new lows last week. The negatives The market has rallied about 15% off its…

• Technical Market Report for November 5, 2011

  Published 05 November 2011 | viewed 0 times

  The good news is: • There was no significant increase in new lows last week. The negatives NYSE new highs hit 174 and NASDAQ new…

• Technical Market Report for October 29, 2011

  Published 29 October 2011 | viewed 0 times

  The good news is: • The market generated some new highs last week. The negatives The major indices are up 15% - 25% for the…

• Technical Market Report for October 22, 2011

  Published 22 October 2011 | viewed 0 times

  The good news is: • Since the beginning of this month new lows have disappeared. The negatives The S&P 500 (SPX) closed Friday up 12.6%…

• Technical Market Report for October 15, 2011

  Published 15 October 2011 | viewed 0 times

  The good news is: • In the past 2 weeks the market, depending on the index is up 10% -16%. The negatives New highs usually…

• Technical Market Report for October 8, 2011

  Published 08 October 2011 | viewed 0 times

  The good news is: • Last week, for the first time in a long time, volume rose with prices. The negatives Last Tuesday there were…

• Technical Market Report for October 1, 2011

  Published 01 October 2011 | viewed 0 times

  The good news is: • A bottom appears to be developing. Most of the major indices closed within 1.5% of their previous lows on Friday…

• Technical Market Report for September 24, 2011

  Published 24 September 2011 | viewed 0 times

  The good news is: • A bottoming pattern may be developing. Making some assumptions that may turn out to be reckless, Thursday's low looks like…

• Technical Market Report for September 17, 2011

  Published 17 September 2011 | viewed 0 times

  The good news is: • Most of the major indices were up every day last week. The negatives The chart below covers the past year…

• Technical Market Report for September 10, 2011

  Published 11 September 2011 | viewed 0 times

  The good news is: • Sorry, I cannot find any good news. Neither the Dow Jones Industrial Average (DJIA) nor the S&P 500 (SPX) have…

• Technical Market Report for September 3, 2011

  Published 03 September 2011 | viewed 0 times

  The good news is: • The new high indicators turned up a little last week. On August 8 there were 1292 new lows on the…