Mike Burk

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• Technical Market Report

  Published 18 March 2006 | viewed 4,236 times

  The good news is: • Many of the major indices including the S&P 500 (SPX), Dow Jones Industrials (DJIA), Russell 2000 (R2K) and Wilshire 5000…

• Technical Market Report

  Published 11 March 2006 | viewed 3,959 times

  The good news is:  • There has been no significant build up of new lows. The Dow Jones Industrial Average (DJIA) hit a multi year…

• Technical Market Report

  Published 05 March 2006 | viewed 5,651 times

  The good news is:  • Several indices including the Russell 2000 (R2K), Dow Jones Transports and S&P Mid cap hit all time highs last week.…

• Technical Market Report

  Published 26 February 2006 | viewed 5,624 times

  The good news is:   • Several indices including the Russell 2000 (R2K), Dow Jones Transports and S&P Mid cap hit all time highs last…

• Technical Market Report

  Published 19 February 2006 | viewed 6,451 times

  The good news is:  • The DJIA hit a multiyear high last week and the DJT hit an all time high. Short term The chart…

• Technical Market Report

  Published 12 February 2006 | viewed 5,008 times

  The good news is:  • There has not been a significant build up of new lows and downside volume appears to be abating. Short term…

• Technical Market Report

  Published 05 February 2006 | viewed 4,456 times

  The good news is:  • The small and mid cap indices hit new all time highs early last week. Short term The chart below covers…

• Technical Market Report

  Published 28 January 2006 | viewed 4,700 times

  The good news is:  • The small and mid cap indices all closed at new all time highs on Friday.  • There were 278 NASDAQ…

• Technical Market Report

  Published 22 January 2006 | viewed 5,795 times

  The good news is:  • The small caps have been stronger than the blue chips during the recent period of weakness. Short term The chart…

• Technical Market Report

  Published 15 January 2006 | viewed 5,258 times

  The good news is:  • Most of the major averages, even the XAU hit multi year highs again this week. Short term NASDAQ new highs…

• Technical Market Report

  Published 08 January 2006 | viewed 6,423 times

  The good news is:  • All of the major averages, even the XAU closed at multi year highs on Friday. Short term Is it a…

• Technical Market Report

  Published 31 December 2005 | viewed 4,567 times

  The good news is:  • Most of the major indices finished up for the year. Short term Since 1965, during the 1st year of the…

• Technical Market Report

  Published 24 December 2005 | viewed 5,742 times

  The good news is: • Seasonally this is one of the strongest periods of any year. Short term The seasonal tendencies at this time of…

• Technical Market Report

  Published 18 December 2005 | viewed 3,546 times

  The good news is:  • The market is oversold as we approach one of the seasonally strongest periods of the year. Short term The chart…

• Technical Market Report

  Published 11 December 2005 | viewed 3,954 times

  The good news is:  • The recent weakness appears to be no more than a seasonally timed consolidation following the rapid move up from the…

• Technical Market Report

  Published 04 December 2005 | viewed 4,513 times

  The good news is:  • All of the major indices closed within 1% of multi year highs on Friday. By itself, that defines a bull…

• Technical Market Report

  Published 26 November 2005 | viewed 4,351 times

  The good news is:  • The NASDAQ composite (OTC), S&P 500 (SPX) and Wilshire 5000 all closed at multi year highs on Friday. By itself,…

• Technical Market Report

  Published 19 November 2005 | viewed 4,462 times

  The good news is:  • The NASDAQ composite (OTC) and S&P 500 (SPX) closed at multi year highs on Friday. By itself, that defines a…

• Technical Market Report

  Published 13 November 2005 | viewed 4,971 times

  The good news is:  • All of the intermediate term indicators are heading sharply upward. Short term The NASDAQ new low indicator (OTC NL) is…

• Technical Market Report

  Published 06 November 2005 | viewed 4,754 times

  The good news is:  • Last weeks strength turned all of the short and intermediate term indicators sharply upward. Short term The NASDAQ new low…