Gold •66 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 918.70 | -11.60 | -1.25% | |
WTI Crude •1 day | 67.67 | -1.48 | -2.14% | |
Gasoline •1 day | 1.896 | -0.030 | -1.55% | |
Ethanol •66 days | 2.161 | +0.000 | +0.00% | |
Silver •66 days | 30.82 | +1.16 | +3.92% |
Silver • 66 days | 30.82 | +1.16 | +3.92% | ||
Copper • 66 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.06 | -1.63 | -2.24% | ||
Natural Gas • 1 day | 2.275 | +0.021 | +0.93% | ||
Heating Oil • 1 day | 2.115 | -0.054 | -2.49% |
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 remain insignificant and the secondaries are outperforming the blue chips. The Negatives The market is overbought. New highs…
The good news is: • Last Thursday, with great fanfare, the Dow Jones Industrial Average (DJIA), S&P 500 (SPX) and NASDAQ composite (OTC) all closed…
The good news is: • New highs are strong, new lows are minimal and the secondaries are outperforming the blue chips. The Negatives The market…
The good news is: • The blue chip indices finished the week at or near their all time highs and the secondaries have been outperforming…
The good news is: • The blue chip indices and the S&P mid cap index closed at all time highs last week. The Negatives The…
The good news is: • The blue chip indices closed at all time highs last week. The Negatives The market is overbought. Treasury yields, although…
The good news is: •The end is near and it should be easy to spot when it comes. The Negatives We are nearing the point…
The good news is: • The market has recovered from its BREXIT calamity. The Negatives The market is overbought. Over the last 4 trading days…
The good news is: • There is reason to believe the BREXIT calamity for the market will be just a brief transient. The Negatives For…
The good news is: • In spite of lower prices, new lows declined at the end of the week. The Negatives There was a spike…
The good news is: • The OEX (AKA S&P 100, an index of 100 blue chip issues) closed at an all time high last Wednesday.…
The good news is: • New highs picked up last week and the secondaries were stronger than the blue chips. The Negatives There are no…
The good news is: • The market turned sharply upward last week. New lows declined sharply on both the NYSE and NASDAQ and the secondaries…
The good news is: • NYSE new lows remained at non threatening levels. The Negatives NYSE new highs collapsed last week after hitting sensational levels…
The good news is: • New highs on the NYSE hit sensational numbers early last week. The Negatives It appears everyone is searching for yield.…
The good news is: • New highs on the NYSE increased last week in spite of another rough week for the major indices. The Negatives…
The good news is: • In spite of a rough week for the market indices, the breadth indicators held up pretty well. The Negatives There…
The good news is: • The secondaries have been outperforming the blue chips and the number of new lows has been insignificant. The Negatives There…
The good news is: • The secondaries have been outperforming the blue chips. The Negatives NASDAQ breadth indicators continue to underperform NYSE breadth indicators. Considering…
The good news is: • New lows remained at insignificant levels. The Negatives NASDAQ breadth indicators continue to underperform NYSE breadth indicators. The first chart…