Gold •205 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 971.90 | +1.50 | +0.15% | |
WTI Crude •10 mins | 74.42 | -0.20 | -0.27% | |
Gasoline •10 mins | 2.048 | -0.018 | -0.86% | |
Ethanol •205 days | 2.161 | +0.000 | +0.00% | |
Silver •205 days | 30.82 | +1.16 | +3.92% |
Silver • 205 days | 30.82 | +1.16 | +3.92% | ||
Copper • 205 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 78.29 | +0.73 | +0.94% | ||
Natural Gas • 10 mins | 3.947 | +0.002 | +0.05% | ||
Heating Oil • 10 mins | 2.513 | +0.041 | +1.66% |
Contributor since: 26 Feb 2010
Mike Burk independently publishes a weekly newsletter on the stock market from a technical perspective.
The good news is: • We had a washout last week. On Tuesday the number of new lows on the NYSE hit an all time…
The good news is: • The conditions are ripe for a washout which would be a setup for a tradable rally. Short Term I use…
The good news is: • The market is very oversold and likely to bounce (No change). Short Term Overbought - oversold is a description of…
The good news is: • The market is very oversold and likely to bounce. Short Term For the 1st 3 days of last week the…
The good news is: • The market is oversold and there is reason to think we are at or very near the low for this…
The good news is: • We are going into a bottom that is likely to be the final low for the decline that began last…
The good news is: • The mid and small cap indices hit new recovery highs last Thursday. Short Term Aside from the lack of volume…
The good news is: • The small cap indices hit new recovery highs last Friday. Short Term The market is over bought. As of Friday…
The good news is: • Last weeks decline caused little technical damage. Short Term The market is over sold. Many of the breadth indicators are…
The good news is • Most of the major indices hit multi month highs last week. Short Term The market is over bought. As of…
The good news is: • The secondaries held up better than the blue chips in last weeks decline. Short Term The secondaries lead both up…
The good news is: • All of the major indices hit multi month highs last week. Short Term During the rally off the January lows…
The good news is: • The market has been in a pattern of higher highs and higher lows for over a month now. Short Term…
The good news is: • Most of the breadth indicators are in pretty good shape. Short Term The market is overbought. For the past several…
The good news is: • Last weeks sell off was not accompanied by increased volume of issues moving downward. Short Term The chart below covers…
The good news is: • Money supply is growing at the fastest rate in years. Short Term The market is over bought; many of the…
The good news is: • New lows practically disappeared last week. Short Term The number of new lows declined sharply last week. For the week…
The good news is: • It is likely last Monday's low will mark the low point for the next several weeks. Short Term Last Monday…
The good news is: • When this decline is over the market will be setup for an extended rally. New lows and downside volume offer…
The good news is: • When this decline is over the market will be setup for an extend rally. Short Term After a bottom has…