Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report

  Published 12 May 2007 | viewed 4,742 times

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

• Technical Market Report

  Published 05 May 2007 | viewed 4,174 times

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

• Technical Market Report

  Published 28 April 2007 | viewed 3,925 times

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

• Technical Market Report

  Published 21 April 2007 | viewed 4,938 times

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

• Technical Market Report

  Published 14 April 2007 | viewed 4,813 times

  The good news is: • The S&P mid cap index (MID) hit an all time high Friday. • Next week is seasonally one of the…

• Technical Market Report

  Published 07 April 2007 | viewed 4,291 times

  The good news is: • After a little rest this week the market is likely to move up sharply. Short Term The S&P mid cap…

• Technical Market Report

  Published 31 March 2007 | viewed 3,834 times

  The good news is: • Next week as well as the entire month of April have had a very positive seasonal bias. Short Term Last…

• Technical Market Report

  Published 24 March 2007 | viewed 3,811 times

  The good news is: • Last week new lows evaporated. On the NASDAQ new lows declined on both Thursday and Friday in spite of declines…

• Technical Market Report

  Published 17 March 2007 | viewed 4,043 times

  The good news is: • The weakness that began late last month should end soon, although, there is likely to be one more leg down.…

• Technical Market Report

  Published 10 March 2007 | viewed 4,225 times

  The good news is: • New lows which hit 106 on the NYSE and 159 on the NASDAQ last Monday declined to 23 on the…

• Technical Market Report

  Published 03 March 2007 | viewed 4,758 times

  The good news is: • Last Tuesday NASDAQ volume of declining issues (OTC DV) was 24 times the volume of advancing issues (OTC AV). In…

• Technical Market Report

  Published 24 February 2007 | viewed 3,675 times

  The good news is: • All of the major averages hit all time or multiyear highs last week. Short Term The picture is mixed. The…

• Technical Market Report

  Published 17 February 2007 | viewed 4,574 times

  The good news is: • Several of the major averages including the Dow Jones Industrials (DJIA), S&P mid cap (MID) and Russell 2000 (R2K) closed…

• Technical Market Report

  Published 10 February 2007 | viewed 4,068 times

  The good news is: • Same as last week, most of the major indices hit new multiyear or all time highs. Short Term Last week…

• Technical Market Report

  Published 03 February 2007 | viewed 4,299 times

  The good news is: • Last week most of the major indices hit new multiyear or all time highs. Short Term In April 2004 the…

• Technical Market Report

  Published 27 January 2007 | viewed 3,494 times

  The good news is: • Since 1887 (120 years) the Dow Jones Industrial Average (DJIA) has been up 70% of the time in the coming…

• Technical Market Report

  Published 20 January 2007 | viewed 4,083 times

  The good news is: • Since 1953 the S&P 500 (SPX) has been down only once during the week following the 3rd Friday in January…

• Technical Market Report

  Published 13 January 2007 | viewed 4,363 times

  The good news is: • Many of the major indices closed at or near multiyear or all time highs on Friday. Short Term Several of…

• Technical Market Report

  Published 06 January 2007 | viewed 3,162 times

  The good news is: • There have been very few new lows on either the NYSE or NASDAQ. Short Term Changing volume patterns offer a…

• Technical Market Report

  Published 30 December 2006 | viewed 3,537 times

  The good news is: • The Dow Jones Industrial Average (DJIA) and Russell 2000 (R2K) closed at all time highs last week. Short Term It…