Gold •325 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 1,088.40 | +7.70 | +0.71% | |
WTI Crude •1 day | 61.53 | +0.33 | +0.54% | |
Gasoline •1 day | 2.109 | -0.022 | -1.03% | |
Ethanol •325 days | 2.161 | +0.000 | +0.00% | |
Silver •325 days | 30.82 | +1.16 | +3.92% |
Silver • 325 days | 30.82 | +1.16 | +3.92% | ||
Copper • 325 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 64.78 | +0.34 | +0.53% | ||
Natural Gas • 1 day | 3.334 | +0.081 | +2.49% | ||
Heating Oil • 1 day | 2.105 | -0.013 | -0.60% |
Contributor since: 26 Feb 2010
Mike Burk independently publishes a weekly newsletter on the stock market from a technical perspective.
The good news is: • Downside volume has been fading quickly. Short Term Downside volume and new lows are the best indicators of bottoms. Following…
The good news is: • New lows all but disappeared over the past week. Short Term In an up trending market the down days give…
The good news is: • In the 1930's, the last time we saw declines of this magnitude in the same time frame, the rallies that…
The good news is: • The bottom indicators have been moving sharply upward suggesting a high likelihood of a rally lasting at least several weeks.…
The good news is: • The bottom indicators have been moving sharply upward suggesting a high likelihood of a rally lasting at least several weeks.…
The good news is: • With a 19.9% advance in the last 4 trading days the Russell 2000 (R2K) is only 0.1% below the popular…
The good news is: • With commodity prices falling, our enemies are going broke. Short Term Many of the short term indicators are off the…
The good news is: • New lows have fallen off sharply. Short Term The preludes to the crash of 87 and the crash of 08…
The good news is: • We are living through great theatre. On October 20, 1987 there were 1174 new lows on the NYSE, about 57%…
The good news is: • We are probably near a tradable rally. Short Term Last Monday the financial system bailout was rejected for lack of…
The good news is: • A bottom is near. Short Term When, speaking of the economy, the President declares "This sucker is going down", short…
The good news is: • Last week is over. Short Term Over the past week the Dow Jones Industrial Average (DJIA) moved and average of…
The good news is: • We are close to an intermediate term low. Short Term The market is overbought. The chart below covers the past…
The good news is: • We are close to or at an intermediate term low. Short Term In the past month NASDAQ upside volume has…
The good news is: • Since the July lows the secondaries have been stronger than the blue chips. Short Term The market is playing a…
The good news is: • Last weeks sell off cleared the overbought condition. Short Term A week ago, many indicators hit their highest levels in…
The good news is: • Most of the indicators suggest a continuation of the advance. Short Term Advance - decline lines (ADL) are a running…
The good news is: • Friday, most of the major indices closed at their highest levels since the mid July lows. Short Term Last week…
The good news is: • The market has been working off its overbought condition about as well as could be hoped for. Short Term In…
The good news is: • Since the low, a week ago last Tuesday, new lows have all but disappeared. Short Term The market is overbought.…