Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report

  Published 06 October 2007 | viewed 3,883 times

  The good news is: • The blue chip indices closed at all time highs on Monday and/or Friday last week and the NASDAQ composite (OTC)…

• Technical Market Report

  Published 01 October 2007 | viewed 4,345 times

  The good news is: • The news cannot get much worse. Short Term I think we are in a developing top that is in its…

• Technical Market Report

  Published 22 September 2007 | viewed 4,890 times

  The good news is: • The Fed lowered both the discount rate and the fed funds rate by ½% last Tuesday. Short Term In the…

• Technical Market Report

  Published 15 September 2007 | viewed 4,214 times

  The good news is: • Money supply as measured by M2 is growing at its fastest rate in years. Short Term NASDAQ volume of issues…

• Technical Market Report

  Published 08 September 2007 | viewed 3,639 times

  The good news is: • Money supply as measured by M2 has been increasing sharply. Short Term I had to go back over 4 years…

• Technical Market Report

  Published 25 August 2007 | viewed 4,403 times

  The good news is: • The market staged a strong rally last week recovering all of its losses from the week before. Short term A…

• Technical Market Report

  Published 18 August 2007 | viewed 4,477 times

  The good news is: • The Federal Reserve Bank cut its discount rate 0.5% to 5.75% on Friday. What is going on? Technical analysis is…

• Technical Market Report

  Published 11 August 2007 | viewed 4,098 times

  The good news is: • Central banks world wide sped up their presses last week pushing market volume to all time highs, during the off…

• Technical Market Report

  Published 04 August 2007 | viewed 5,123 times

  The good news is: • The current shakeout is a cycle event that, when it is complete, will enable the market to return to more…

• Technical Market Report

  Published 28 July 2007 | viewed 4,517 times

  The good news is: • The market is extremely oversold and likely to bounce. Short Term Most of the breadth oscillator style indicators are near…

• Technical Market Report

  Published 21 July 2007 | viewed 4,681 times

  The good news is: Many of the major indices hit all time or multi year highs last week. Short Term The market deteriorated last week,…

• Technical Market Report

  Published 14 July 2007 | viewed 3,590 times

  The good news is: • All of the major indices closed at all time or multi year highs on Friday. Short Term After falling sharply…

• Technical Market Report

  Published 07 July 2007 | viewed 4,180 times

  The good news is: • The NASDAQ composite (OTC) closed at a multi year high on Friday and most of the major indices closed within…

• Technical Market Report

  Published 30 June 2007 | viewed 3,470 times

  The good news is: • Seasonally the first 4 trading days of July during the 3rd year of the Presidential Cycle have been one of…

• Technical Market Report

  Published 23 June 2007 | viewed 4,198 times

  The good news is: • The market is approaching an oversold level near its recent extremes. Short Term For the past few weeks the market…

• Technical Market Report

  Published 16 June 2007 | viewed 6,047 times

  The good news is: • The NASDAQ composite (OTC) closed at a multi year high on Friday. Short Term For the past few weeks the…

• Technical Market Report

  Published 09 June 2007 | viewed 4,271 times

  The good news is: • All of the major indices hit multi year or all time highs Monday. Short Term All of the major indices…

• Technical Market Report

  Published 02 June 2007 | viewed 4,243 times

  The good news is: • All of the major indices closed at multi year or all time highs Friday. Short Term All of the major…

• Technical Market Report

  Published 26 May 2007 | viewed 4,358 times

  The good news is: • Many of the major indices hit multi year or all time highs last week. Short Term The small caps lead…

• Technical Market Report

  Published 19 May 2007 | viewed 3,928 times

  The good news is: • The blue chip indices hit multi year or all time highs last week. Short Term Some of the small cap…