Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report

  Published 11 June 2005 | viewed 4,595 times

  The good news is:  • Most of the indicators held up well last week in spite of the modest "soft patch" in prices. The secondaries lead…

• Technical Market Report

  Published 05 June 2005 | viewed 5,054 times

  The good news is:  • All of the broad based breadth indicators are still moving sharply upward. Summation indices (SI) are running totals of oscillator values.…

• Technical Market Report

  Published 29 May 2005 | viewed 5,257 times

  The good news is: •  All of the broad based breadth indicators are still moving sharply upward. As of Tuesday's close the NASDAQ composite (OTC)…

• Technical Market Report

  Published 21 May 2005 | viewed 4,731 times

  The good news is: • With the exceptions of energy, gold, drugs and utilities, all of the indicators in all of the sectors as well…

• Technical Market Report

  Published 14 May 2005 | viewed 5,050 times

  The good news is: • Seasonally, next week is very strong. Last week was weak overall except for the techs. All of the major indices…

• Technical Market Report

  Published 08 May 2005 | viewed 5,370 times

  The good news is:  • Every indicator turned sharply upward last week. We use breadth indicators to reveal subtleties invisible in the price charts. After…

• Technical Market Report

  Published 01 May 2005 | viewed 5,246 times

  The good news is: • Seasonally next week is one of the strongest weeks of the year. New lows resumed their build up last week…

• Technical Market Report

  Published 24 April 2005 | viewed 6,605 times

  The good news is:  • There are hints of a bottom which should lead to a tradable rally. Although new lows remain at threateningly high levels…

• Technical Market Report

  Published 16 April 2005 | viewed 5,121 times

  The good news is:  • The market is having a washout which will set it up for a tradable rally. Last weeks hint of a…

• Technical Market Report

  Published 09 April 2005 | viewed 4,844 times

  The good news is:  • April is one of the strongest months in the 1st year of the presidential cycle.  • There is evidence of…

• Technical Market Report

  Published 02 April 2005 | viewed 4,839 times

  The good news is: • When this current period of weakness ends, the market will be free to rise again. • Friday produced the most…

• Technical Market Report

  Published 26 March 2005 | viewed 4,661 times

  The good news is:  • When this current period of weakness ends, the market will be free to rise again. Little changed in the past…

• Technical Market Report

  Published 19 March 2005 | viewed 5,006 times

  The good news is: •The market is oversold as it enters a short but seasonally strong period. The first chart sums it up. The chart…

• Technical Market Report

  Published 12 March 2005 | viewed 4,963 times

  The good news is:  • The market needs occasional down periods to control exuberance. We appear to be at the beginning of one of those down…

• Technical Market Report

  Published 06 March 2005 | viewed 5,703 times

  The good news is:  • Many of the major averages closed at a multi year high Friday. The Dow Jones Industrial Average and all of the…

• Technical Market Report

  Published 27 February 2005 | viewed 6,039 times

  The good news is:  • Seasonally next week is very strong. My definition of a classical top is one where a high in all of the…

• Technical Market Report

  Published 19 February 2005 | viewed 4,867 times

  The good news is:  • During the past week there were very few new lows on the NYSE and only a modest number of new…

• Technical Market Report

  Published 12 February 2005 | viewed 4,867 times

  The good news is:  • We are entering a seasonally strong period. A classical top is one where the market makes a high confirmed by most…

• Technical Market Report

  Published 05 February 2005 | viewed 5,111 times

  The good news is:  · There were 136 NASDAQ new highs Friday, the highest number we have seen since December 30 and NYSE new highs…

• Technical Market Report

  Published 29 January 2005 | viewed 4,851 times

  The good news is:  •There have been relatively few new lows. Seasonally, January is one of the strongest months of the year. Measured by the…