Gold •172 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 935.90 | -0.50 | -0.05% | |
WTI Crude •10 mins | 69.83 | +0.37 | +0.53% | |
Gasoline •24 mins | 1.953 | +0.011 | +0.56% | |
Ethanol •172 days | 2.161 | +0.000 | +0.00% | |
Silver •172 days | 30.82 | +1.16 | +3.92% |
Silver • 172 days | 30.82 | +1.16 | +3.92% | ||
Copper • 172 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.28 | +0.34 | +0.47% | ||
Natural Gas • 10 mins | 3.868 | +0.120 | +3.20% | ||
Heating Oil • 15 mins | 2.254 | +0.022 | +0.98% |
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 will probably see a multi month low in the next few weeks. Short Term After a bottom has been…
The good news is: • Although the market is likely to retest the January lows in the near future, it is unlikely the new low…
The good news is: • The bottom indicators are suggesting there is little risk in the market. Short Term After a bottom has been made…
The good news is: • Although prices fell sharply last week the breadth indicators all held up well. Short Term Breadth has been improving. Market…
The good news is: • Last week most of the major indices had one of their best weeks of the past year. Short Term The…
The good news is: • In the past week new lows dried up on both the NYSE and OTC this implies downside risk will be…
The good news is: • The market is near record oversold extremes and likely to have a tradable rally. Short Term The market is nearly…
The good news is: • The market is likely to be at or near a short term bottom. Short Term My daily history of the…
The good news is: • The market is oversold and likely to rally from here. Short Term The Russell 2000 (R2K) rose for 6 consecutive…
The good news is: • Most of the major indices will finish up for the year. Short Term As of last Wednesday the market was…
The good news is: • We are in the seasonally strongest period of the year. Since 1928, during the last 5 trading days of the…
The good news is: • Since 1929 the S&P 500 (SPX) has been up 79% of the time in the last 10 trading days of…
The good news is: • The market has come off a bottom and seasonally next week has a very positive bias. Short Term The market…
The good news is: • It is likely we saw an intermediate term low last Monday. Short Term As of last Wednesday everything turned sharply…
The good news is: • The market is oversold going into a seasonally strong period. Short Term Last Monday the market extended its decline to…
The good news is: • The blue chip decline is accelerating which suggests we are approaching at least an intermediate term low. Short Term This…
The good news is: • The NYSE composite hit an all time high, NASDAQ 100 (NDX) and the NASDAQ composite (OTC) hit a multi year…
The good news is: • The NASDAQ 100 (NDX) hit a multi year high last Tuesday. Short Term Seasonally the worst part of October is…
The good news is: • The NASDAQ 100 (NDX) hit a multi year high last Thursday. Short Term I believe the 1987 crash was triggered…
The good news is: • The blue chip indices hit all time highs on Tuesday. Short Term No one is selling. You have to go…