Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report

  Published 04 September 2004 | viewed 3,021 times

  The good news is:  • All of the intermediate term indicators are still moving sharply upward. Not much has changed since last week, the market…

• Technical Market Report

  Published 28 August 2004 | viewed 3,056 times

  The good news is:  • Nearly all of the indicators that matter are moving upward indicating the August 13 low is unlikely to be retested…

• Technical Market Report

  Published 21 August 2004 | viewed 3,048 times

  The good news is:  • The recent "Soft Patch" in the market probably ended last week.  • All of the short and intermediate term indicators have turned…

• Technical Market Report

  Published 14 August 2004 | viewed 3,015 times

  The good news is:  • The current "Soft patch" will end soon offering good long side entry. I have been showing a chart of the NASDAQ…

• Technical Market Report

  Published 07 August 2004 | viewed 2,933 times

  The good news is:   * The current decline appears to be heading to an extreme which will provide a good long side entry, soon. Last…

• Technical Market Report

  Published 31 July 2004 | viewed 3,182 times

  The good news is:  • New lows dried up last week. New lows are the single best indicator for assessing market risk. After a price low,…

• Technical Market Report

  Published 24 July 2004 | viewed 3,332 times

  The good news is:  • Most of the broad based indices are at major support levels.  • End of month seasonality strength should help next week. The…

• Technical Market Report

  Published 18 July 2004 | viewed 2,818 times

  The good news is:  • NYSE new highs are increasing rapidly.  • There will be a good buying opportunity when this decline ends. Net Field Trend (NFT)…

• Technical Market Report

  Published 10 July 2004 | viewed 2,943 times

  The good news is:  • There has been a very limited build up of new lows on the NYSE in spite of a rather nasty week…

• Technical Market Report

  Published 03 July 2004 | viewed 2,986 times

  The good news is:  • The Standard and Poors small cap index made a new all time high last week. Small caps lead both up and…

• Technical Market Report

  Published 26 June 2004 | viewed 3,048 times

  The good news is:  •  Nearly every indicator that matters turned sharply upward last week just in time for a seasonally strong period. Everything went…

• Technical Market Report

  Published 19 June 2004 | viewed 3,173 times

  The good news is:  •  The market held up pretty well last week in spite of good excuses to go down. The market appears comatose.…

• Technical Market Report

  Published 12 June 2004 | viewed 3,099 times

  The good news is:  • New lows have dried up on both exchanges.  • All of the Summation indexes are moving upward. The dramatic decline in new…

• Technical Market Report

  Published 05 June 2004 | viewed 3,383 times

  The good news is:  • New lows have dried up on both exchanges.  • All of the Summation indexes are moving upward. In the late…

• Technical Market Report

  Published 29 May 2004 | viewed 2,995 times

  The good news is:  • New lows have dried up on both exchanges.  • The secondaries are outperforming the blue chips. As of last weekend the NASDAQ…

• Technical Market Report

  Published 22 May 2004 | viewed 3,052 times

  The good news is:  • Nearly all of the short term indicators have turned upward.  • New lows on the NYSE have decreased every day for the…

• Technical Market Report

  Published 15 May 2004 | viewed 3,038 times

  The good news is:  • The current period of weakness is close to over or possibly ending right now. Not much has changed in the…

• Technical Market Report

  Published 08 May 2004 | viewed 3,074 times

  The good news is:  • The current period of weakness should produce good long side entry points soon. The new low indicator, a 10% trend…

• Technical Market Report

  Published 01 May 2004 | viewed 2,695 times

  The good news is:  • Next week is seasonally strong. From time to time I have alluded to "normal" markets. For many (70 + that we…

• Technical Market Report

  Published 25 April 2004 | viewed 2,963 times

  The good news is:  • The number of new lows on the NASDAQ remains insignificant.  • Many of the short term indicators have turned upward.  • Next week…