Gold •236 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 968.80 | -1.80 | -0.19% | |
WTI Crude •10 mins | 70.98 | +0.28 | +0.40% | |
Gasoline •24 mins | 2.031 | +0.020 | +0.97% | |
Ethanol •236 days | 2.161 | +0.000 | +0.00% | |
Silver •236 days | 30.82 | +1.16 | +3.92% |
Silver • 236 days | 30.82 | +1.16 | +3.92% | ||
Copper • 236 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 75.01 | +0.23 | +0.31% | ||
Natural Gas • 10 mins | 4.002 | +0.008 | +0.20% | ||
Heating Oil • 19 mins | 2.457 | +0.021 | +0.87% |
Contributor since: 26 Feb 2010
Mike Burk independently publishes a weekly newsletter on the stock market from a technical perspective.
The good news is: • Friday, most of the major indices closed at their highest levels since the early March low. Short Term Last week…
The good news is: • Friday, most of the major indices closed at their highest levels since the early March low. Short Term The chart…
The good news is: • Friday, the NASDAQ composite (OTC) and S&P mid cap closed at their highest levels since the early March low. Short…
The good news is: • Friday, all of the major indices closed at their highest levels since the early March low. Short Term Between the…
The good news is: • No new lows (0) were recorded on the NYSE last Thursday. Short Term Between the low of March 9 and…
The good news is: • After 2 consecutive down days there has been no build up of new lows. Short Term Between the low of…
The good news is: • New lows disappeared last week. Short Term Following the October 9, 2008 low: The Russell 2000 (R2K) rose 14.4% in…
The good news is: • The dollar is on a tear, closing at a 2 ½ year high Friday. Short Term In the past 6…
The good news is: • The market is deeply oversold as we enter a brief, but strong seasonal period. Short Term Most of the major…
The good news is: • We possibly have a successful retest of last November's lows. Short Term Most of the broad based indices were down…
The good news is: • Everything is in place for a successful retest of the November lows. Short Term I found no indicators that made…
The good news is: • A few people believe a large barrel of pork will save the economy. Short Term The market is overbought. The…
The good news is: • Non existent. The S&P 500 (SPX) finished its worst January ever, down 8.57%. During the 1st year of the Presidential…
The good news is: • The market is oversold going into a seasonally strong period. Short Term After 3 consecutive down weeks the market is…
The good news is: • Money supply is growing at an extreme rate and that should help the equities market. Short Term There is an…
The good news is: • Although all of the major indices were down substantially last week, new lows hit their lowest levels since November 2006.…
The good news is: • By current fashion, a bull or bear market is defined as a major index moving 20% off its low or…
The good news is: • The Santa Clause rally commenced on schedule. Short Term Most of the major indices have not been up or down…
The good news is: • A Santa Clause rally is due to begin Wednesday. Short Term Seasonal considerations overwhelm everything else. The second and third…
The good news is: • New lows have continued to decline. Short Term On October 10 88% of the issues traded on the NYSE hit…