Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report for November 20, 2010

  Published 20 November 2010 | viewed 0 times

  The good news is: • Following a serious tumble last Tuesday the market managed to finish up for the week. The negatives When the market…

• Technical Market Report for November 13, 2010

  Published 13 November 2010 | viewed 0 times

  The good news is: • Although all of the major indices were down last week there was not a significant build up of new lows.…

• Technical Market Report for November 6, 2010

  Published 06 November 2010 | viewed 0 times

  The good news is: • Most of the major indices closed at recovery highs on Friday. The negatives The market is overbought. The major indices…

• Technical Market Report for October 30, 2010

  Published 30 October 2010 | viewed 0 times

  The good news is: • The NASDAQ composite closed at a multi month high on Friday just 0.9% off its April high. The negatives The…

• Technical Market Report for October 23, 2010

  Published 23 October 2010 | viewed 0 times

  The good news is: • Most of the major indices are within 3% of their recovery highs. The negatives In a rising market you expect…

• Technical Market Report for October 16, 2010

  Published 16 October 2010 | viewed 0 times

  The good news is: • All of the major indices hit multi month highs last week. The negatives Negatives are hard to find. Some indicators…

• Technical Market Report for October 9, 2010

  Published 09 October 2010 | viewed 0 times

  The good news is: • All of the major indices closed at multi month highs on Friday. The negatives Since late August the major indices…

• Technical Market Report for October 2, 2010

  Published 03 October 2010 | viewed 0 times

  The good news is: • The NASDAQ composite (OTC) had its best September ever, up 8.8%. The negatives Advance Decline Lines (ADL) are running totals…

• Technical Market Report for September 25, 2010

  Published 25 September 2010 | viewed 0 times

  The good news is: • All of the major indices closed at multi month highs Friday. The negatives Advance Decline Lines (ADL) are running totals…

• Technical Market Report for September 18, 2010

  Published 18 September 2010 | viewed 0 times

  The good news is: • NASDAQ new highs expanded to levels not seen since late July. The negatives The market is overbought going into a…

• Technical Market Report for September 11, 2010

  Published 11 September 2010 | viewed 0 times

  The good news is: • New lows remained at non threatening levels. The negatives Friday was an up day for all of the major indices,…

• Technical Market Report for September 4, 2010

  Published 04 September 2010 | viewed 0 times

  The good news is: • New lows all but disappeared last week. The negatives Volume represents interest and, although the major indices rallied 5+% during…

• Technical market Report for August 28, 2010

  Published 28 August 2010 | viewed 0 times

  The good news is: • The secondaries significantly outperformed the blue chips last week. The negatives In early 2009 NYSE upside volume hit an all…

• Technical Market Report for August 21, 2010

  Published 21 August 2010 | viewed 0 times

  The good news is: • Until Friday new highs exceeded new lows on the NYSE. The negatives Cycle bottoms are marked by a sharp decrease…

• Technical Market Report for August 14, 2010

  Published 14 August 2010 | viewed 0 times

  The good news is: • The market is oversold going into a seasonally strong week. The negatives Panic selling often marks market lows and there…

• Technical Market Report for August 7, 2010

  Published 07 August 2010 | viewed 0 times

  The good news is: • The market appears to have broken with the negative seasonal pattern. The negatives Surging markets are revealed by expanding new…

• Technical Market Report for July 31, 2010

  Published 31 July 2010 | viewed 0 times

  The good news is: • New lows held to non threatening levels all week. The negatives The negatives are mostly seasonal. The first few days…

• Technical Market Report for July 24, 2010

  Published 24 July 2010 | viewed 0 times

  The good news is: • New highs began to show some life on both the NYSE and NASDAQ last week. The negatives There are not…

• Technical Market Report for July 17, 2010

  Published 17 July 2010 | viewed 0 times

  The good news is: • The NASDAQ 100 (NDX) and S&P 100 (OEX) both completed a run of 8 consecutive up days on Thursday. The…

• Technical Market Report for July 10, 2010

  Published 10 July 2010 | viewed 0 times

  The good news is: • New lows declined all week long, reaching relatively benign levels on Friday. The negatives After setting some negative records the…