Gold •161 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 949.80 | -1.00 | -0.11% | |
WTI Crude •10 mins | 70.42 | +0.13 | +0.18% | |
Gasoline •11 mins | 1.993 | +0.007 | +0.36% | |
Ethanol •161 days | 2.161 | +0.000 | +0.00% | |
Silver •161 days | 30.82 | +1.16 | +3.92% |
Silver • 161 days | 30.82 | +1.16 | +3.92% | ||
Copper • 161 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 28 mins | 73.52 | +1.33 | +1.84% | ||
Natural Gas • 11 mins | 3.352 | -0.026 | -0.77% | ||
Heating Oil • 10 mins | 2.230 | +0.007 | +0.31% |
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…