Mike Burk

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• Technical Market Report for January 7, 2017

  Published 07 January 2017 | viewed 0 times

  The good news is: • The NASDAQ composite (OTC) and S&P 500 (SPX) both closed at all time highs last Friday. The Negatives In spite…

• Technical Market Report for December 31, 2016

  Published 31 December 2016 | viewed 0 times

  The good news is: • Seasonally in January during the 1st year of the Presidential Cycle, has, on average, been pretty strong. The Negatives It…

• Technical Market Report for December 24, 2016

  Published 24 December 2016 | viewed 0 times

  The good news is: • We are in one of the seasonally strongest periods of the year. The Negatives There are none. The market is…

• Technical Market Report for December 17, 2016

  Published 17 December 2016 | viewed 0 times

  The good news is: • We are entering one of the seasonally strongest periods of the year. The Negatives New lows picked up last week…

• Technical Market Report for December 10, 2016

  Published 10 December 2016 | viewed 0 times

  The good news is: • All of the major indices closed at all time highs last Friday. The Negatives The market is overbought. The Positives…

• Technical Market Report for December 3, 2016

  Published 03 December 2016 | viewed 0 times

  The good news is: • The Dow Jones Industrial Average (DJIA) hit an all time high last week. The Negatives The DJIA hit an all…

• Technical Market Report for November 26, 2016

  Published 26 November 2016 | viewed 0 times

  The good news is: • All of the major indices hit all time highs last week. The Negatives The market is overbought to an extreme.…

• Technical Market Report for November 19, 2016

  Published 19 November 2016 | viewed 0 times

  The good news is: • The Russell 2000 (R2K) and S&P mid cap indices hit all time highs last week. The Negatives Typically at a…

• Technical Market Report for November 12, 2016

  Published 13 November 2016 | viewed 0 times

  The good news is: • The market likes Donald J. Trump. The Negatives Some of the breadth indicators went from oversold to overbought in 1…

• Technical Market Report for November 5, 2016

  Published 07 November 2016 | viewed 0 times

  The good news is: •The end is near and it should be easy to spot when it comes. The Negatives We are nearing the point…

• Technical Market Report for October 29, 2016

  Published 29 October 2016 | viewed 0 times

  The good news is: • Seasonality for the coming week has been very strong. The Negatives Last week the market followed the average seasonal pattern…

• Technical Market Report for October 22, 2016

  Published 22 October 2016 | viewed 0 times

  The good news is: • Last week the secondaries outperformed the blue chips. The Negatives Last week the market followed the average seasonal pattern and…

• Technical Market Report for October 15, 2016

  Published 15 October 2016 | viewed 0 times

  The good news is: •New lows have remained at benign levels. The Negatives The market had a bad week, new highs decreased, new lows increased…

• Technical Market Report for October 8, 2016

  Published 08 October 2016 | viewed 0 times

  The good news is: • New lows have remained at benign levels. The Negatives The market had a pretty boring week. All of the major…

• Technical Market Report for October 1, 2016

  Published 01 October 2016 | viewed 0 times

  The good news is: • New lows have remained at benign levels. The Negatives The major indices have been dancing around their all time highs…

• Technical Market Report for September 24, 2016

  Published 24 September 2016 | viewed 0 times

  The good news is: • The NASDAQ composite (OTC) closed at an all time high last Thursday. The Negatives New highs failed to confirm last…

• Technical Market Report for September 16, 2016

  Published 17 September 2016 | viewed 0 times

  The good news is: • Most of the major indices were up last week and new lows remained at benign levels. The Negatives The perfect…

• Technical Market Report for September 10, 2016

  Published 10 September 2016 | viewed 0 times

  The good news is: • The NASDAQ composite (OTC) and S&P Mid cap indices closed at all time highs last Wednesday before falling to losses…

• Technical Market Report for September 3, 2016

  Published 03 September 2016 | viewed 0 times

  The good news is: • It is the same old story, new lows remain insignificant and the secondaries continue to outperform the blue chips. The…

• Technical Market Report for August 27, 2016

  Published 27 August 2016 | viewed 0 times

  The good news is: • New lows remain insignificant and the secondaries continue to outperform the blue chips. The Negatives Volume continued at its lowest…