Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report

  Published 05 August 2006 | viewed 5,404 times

  The good news is: • New lows have been declining for the past two weeks. Short term The first chart covers the past 6 months…

• Technical Market Report

  Published 29 July 2006 | viewed 4,948 times

  The good news is: • After next week the market has a slightly positive seasonal bias for a couple weeks. Short term The chart below…

• Technical Market Report

  Published 23 July 2006 | viewed 3,937 times

  The good news is: • The end of the coming week should bring some seasonally induced relief from the recent weakness. Short term Support and…

• Technical Market Report

  Published 15 July 2006 | viewed 4,482 times

  The good news is: • Volume for the components for some of the major indices have been increasing. This could lead to a washout and…

• Technical Market Report

  Published 08 July 2006 | viewed 4,529 times

  The good news is: • Next week, the second week in July, is seasonally the strongest week of the month. Short term The new low…

• Technical Market Report

  Published 01 July 2006 | viewed 4,978 times

  The good news is: • Many of the major indices have recovered around 50% of their losses since the May top. Short term The McClellan…

• Technical Market Report

  Published 24 June 2006 | viewed 5,003 times

  The good news is: • The rate of decline for the major indices has diminished and we are entering a period of modest seasonal strength.…

• Technical Market Report

  Published 17 June 2006 | viewed 4,330 times

  The good news is: • This decline, when it ends, will offer a great buying opportunity. Short term The run up to the April high…

• Technical Market Report

  Published 10 June 2006 | viewed 4,742 times

  The good news is: • Historically next week has been better than last week. Short term Price movement is often described as two steps forward…

• Technical Market Report

  Published 03 June 2006 | viewed 4,650 times

  The good news is: • Downside volume and new lows have declined dramatically in the past two weeks. Short term New lows build as prices…

• Technical Market Report

  Published 27 May 2006 | viewed 5,063 times

  The good news is: • The market is deeply oversold going into a seasonally strong period. Short term The sell off that appears to have…

• Technical Market Report

  Published 20 May 2006 | viewed 5,117 times

  The good news is: • The market gave a solid hint as to its intermediate term direction last week. In technical analysis we look for…

• Technical Market Report

  Published 13 May 2006 | viewed 5,334 times

  The good news is: • The Dow Jones Industrial Average (DJIA) hit a multiyear high last week. From a big picture perspective, there was a…

• Technical Market Report

  Published 06 May 2006 | viewed 4,293 times

  The good news is: • All of the major indices except the NASDAQ composite (OTC) and Dow Jones Utilities (DJU) closed at multi year highs…

• Technical Market Report

  Published 30 April 2006 | viewed 5,152 times

  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…

• Technical Market Report

  Published 22 April 2006 | viewed 3,698 times

  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…

• Technical Market Report

  Published 15 April 2006 | viewed 5,334 times

  The good news is:  · The market has been following the typical seasonal pattern for the 2nd year of the Presidential Cycle. Short term In…

• Technical Market Report

  Published 08 April 2006 | viewed 4,358 times

  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…

• Technical Market Report

  Published 01 April 2006 | viewed 3,963 times

  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…

• Technical Market Report

  Published 26 March 2006 | viewed 4,691 times

  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…