Gold •15 mins | 2,413.80 | +15.80 | +0.66% | |
Platinum •15 mins | 943.80 | -10.70 | -1.12% | |
WTI Crude •7 hours | 83.14 | +0.41 | +0.50% | |
Gasoline •7 hours | 2.710 | -0.003 | -0.13% | |
Ethanol •6 hours | 2.161 | +0.000 | +0.00% | |
Silver •15 mins | 28.84 | +0.46 | +1.63% |
Silver • 15 mins | 28.84 | +0.46 | +1.63% | ||
Copper • 15 mins | 4.498 | +0.061 | +1.37% | ||
Brent Crude • 6 hours | 87.29 | +0.18 | +0.21% | ||
Natural Gas • 7 hours | 1.752 | -0.005 | -0.28% | ||
Heating Oil • 7 hours | 2.541 | +0.007 | +0.29% |
Contributor since: 26 Feb 2010
Mike Burk independently publishes a weekly newsletter on the stock market from a technical perspective.
The good news is: • New lows have been declining for the past two weeks. Short term The first chart covers the past 6 months…
The good news is: • After next week the market has a slightly positive seasonal bias for a couple weeks. Short term The chart below…
The good news is: • The end of the coming week should bring some seasonally induced relief from the recent weakness. Short term Support and…
The good news is: • Volume for the components for some of the major indices have been increasing. This could lead to a washout and…
The good news is: • Next week, the second week in July, is seasonally the strongest week of the month. Short term The new low…
The good news is: • Many of the major indices have recovered around 50% of their losses since the May top. Short term The McClellan…
The good news is: • The rate of decline for the major indices has diminished and we are entering a period of modest seasonal strength.…
The good news is: • This decline, when it ends, will offer a great buying opportunity. Short term The run up to the April high…
The good news is: • Historically next week has been better than last week. Short term Price movement is often described as two steps forward…
The good news is: • Downside volume and new lows have declined dramatically in the past two weeks. Short term New lows build as prices…
The good news is: • The market is deeply oversold going into a seasonally strong period. Short term The sell off that appears to have…
The good news is: • The market gave a solid hint as to its intermediate term direction last week. In technical analysis we look for…
The good news is: • The Dow Jones Industrial Average (DJIA) hit a multiyear high last week. From a big picture perspective, there was a…
The good news is: • All of the major indices except the NASDAQ composite (OTC) and Dow Jones Utilities (DJU) closed at multi year highs…
The good news is: • The Dow Jones Industrial Average (DJIA) hit a multi-year high last week. Short term Prior to the bizarre period that…
The good news is: • All of the major indices hit or closed at multi-year or all time highs last week. Short term The chart…
The good news is: · The market has been following the typical seasonal pattern for the 2nd year of the Presidential Cycle. Short term In…
The good news is: • The Russell 2000 (R2K), S&P Mid cap and AMEX composite hit all time highs last week while the NASDAQ composite…
The good news is: • The Russell 2000 (R2K) and S&P Mid cap hit all time highs last week while the NASDAQ composite (OTC) and…
The good news is: • Several of the major indices including the Dow Jones Industrials (DJIA), Dow Jones Transports hit multi-year highs last week and…