Gold •142 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 975.10 | +4.60 | +0.47% | |
WTI Crude •11 hours | 71.24 | +1.14 | +1.63% | |
Gasoline •11 hours | 2.061 | +0.002 | +0.10% | |
Ethanol •142 days | 2.161 | +0.000 | +0.00% | |
Silver •142 days | 30.82 | +1.16 | +3.92% |
Silver • 142 days | 30.82 | +1.16 | +3.92% | ||
Copper • 142 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 hours | 75.17 | +0.94 | +1.27% | ||
Natural Gas • 11 hours | 3.129 | -0.210 | -6.29% | ||
Heating Oil • 11 hours | 2.275 | +0.001 | +0.02% |
Contributor since: 26 Feb 2010
Mike Burk independently publishes a weekly newsletter on the stock market from a technical perspective.
The good news is: • New lows declined on Friday. The negatives The market set some records last week as it fell every day through…
The good news is: • The market is oversold going into a seasonally strong period. The negatives There were 51 new lows on the NYSE…
The good news is: • The market has been rallying during what has historically been a weak period. The negatives In spite of a 6%…
The good news is: • New lows declined sharply last week. The negatives New highs give an indication of market strength and new highs have…
The good news is: • There was no build up of new lows last week. The negatives The best bottom indicators are derived from new…
The good news is: • New lows declined sharply last week. The negatives Indicators derived from downside volume and new lows offer the most timely…
The good news is: • The secondaries have held up well during this decline. Three possible scenarios Least likely - the bull market continues. In…
The good news is: • With the exception of Thursday May 6, which appears to have been an anomaly in many ways, new lows have…
The good news is: • The market is no longer overbought. The negatives On the NASDAQ new lows exceeded new highs for the last 3…
The good news is: • There was no build up of new lows during the markets first down week in 3 months. The negatives Aside…
The good news is: • All of the major indices closed at recovery highs on Friday. The negatives The market is overbought. By my way…
The good news is: • All of the major indices closed at recovery highs on Thursday. The Negatives The market is overbought. By my way…
The good news is: • All of the major indices closed at new recovery highs on Friday. The negatives The market is overbought. There has…
The good news is: • The blue chip indices closed at recovery highs Friday. The negatives NYSE new highs picked up on Thursday after hitting…
The good news is: • All of the major indices closed at new recovery highs last week. The negatives New highs on both the NYSE…
The good news is: • All of the major indices closed at new recovery highs last week. The negatives For the first time since the…
The good news is: • All of the major indices except the Dow Jones Industrial Average closed at new recovery highs last week. The negatives…
The good news is: • Several of the major indices closed at new recovery highs Friday. The negatives The market is over bought. Most of…
The good news is: • There has been no build up of new lows as the market has worked off its over bought condition. The…
The good news is: • The market has recovered most of its losses from the mid January high. The negatives The market is overbought. The…