Mike Burk

Contributor since: 26 Feb 2010

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• Technical Market Report for April 2, 2016

  Published 02 April 2016 | viewed 0 times

  The good news is: • New lows declined to insignificant levels and the secondaries have been outperforming the blue chips. The Negatives The market is…

• Technical Market Report for March 26, 2016

  Published 26 March 2016 | viewed 0 times

  The good news is: • In spite of a down week new lows remained at non threatening levels. The Negatives The NYSE and NASDAQ markets…

• Technical Market Report for March 19, 2016

  Published 19 March 2016 | viewed 0 times

  The good news is: • The market has had 5 consecutive winning weeks. The Negatives The market is overbought. In the past 5 weeks the…

• Technical Market Report for March 12, 2016

  Published 12 March 2016 | viewed 0 times

  The good news is: • The market has had 4 consecutive winning weeks. The Negatives The market is overbought. The Dow Jones Industrial Average (DJIA)…

• Technical Market Report for March 5, 2016

  Published 05 March 2016 | viewed 0 times

  The good news is: • The market has had 3 consecutive winning weeks with the secondaries outperforming the blue chips. The Negatives The market is…

• Technical Market Report for February 27, 2016

  Published 27 February 2016 | viewed 0 times

  The good news is: • The market has had 2 consecutive winning weeks with the secondaries outperforming the blue chips. The Negatives New lows have…

• Technical Market Report for February 20, 2016

  Published 20 February 2016 | viewed 0 times

  The good news is: • Last week new lows nearly disappeared again. The Negatives In late January new lows all but disappeared returning a couple…

• Technical Market Report for February 13, 2016

  Published 13 February 2016 | viewed 0 times

  The good news is: • There will be great opportunities when this decline is over. The Negatives In the early years of this century housing…

• Technical Market Report for February 6, 2016

  Published 06 February 2016 | viewed 0 times

  The good news is: • There will be great opportunities when this decline is over. The Negatives New lows returned in threatening numbers last week.…

• Technical Market Report for January 30, 2016

  Published 30 January 2016 | viewed 0 times

  The good news is: • The worst January since 2008 is over. The Negatives New lows, especially on the NASDAQ have remained uncomfortably high although…

• Technical Market Report for January 23, 2016

  Published 23 January 2016 | viewed 0 times

  The good news is: • New lows disappeared last week. The decline we have been experiencing since late December is over. The Negatives Last Wednesday…

• Technical Market Report for January 16, 2016

  Published 16 January 2016 | viewed 0 times

  The good news is: • The declines last week were only about 1/3 of what they were the week before. The negatives New lows are…

• Technical Market Report for January 9, 2016

  Published 09 January 2016 | viewed 0 times

  The good news is: • At the rate of decline for the year so far, the end must be near. The negatives The major indices…

• Technical Market Report for January 2, 2015

  Published 02 January 2016 | viewed 0 times

  The good news is: • Measured by the NASDAQ composite (OTC) January has been, on average, the strongest month of the year. The negatives 2015…

• Technical Market Report for December 26, 2015

  Published 26 December 2015 | viewed 0 times

  The good news is: • The market has been following the average seasonal pattern which remains positive. The negatives The numbers do not mean much.…

• Technical Market Report for December 19, 2015

  Published 19 December 2015 | viewed 0 times

  The good news is: • It looks like traders closed out their positions Friday ahead of a 2 week vacation. Nearly 10 billion shares were…

• Technical Market Report for December 12, 2015

  Published 12 December 2015 | viewed 0 times

  The good news is: • The last 9 trading days of the year, which begin next Friday have been, on average, the strongest period of…

• Technical Market Report for December 5, 2015

  Published 05 December 2015 | viewed 0 times

  The good news is: • At the end of a very volatile week most of the major indices were up. The negatives New lows finished…

• Technical Market Report for November 28, 2015

  Published 28 November 2015 | viewed 0 times

  The good news is: • Last week the secondaries outperformed the blue chips. The negatives New lows decreased while new highs increased last week which…

• Technical Market Report for November 21, 2015

  Published 21 November 2015 | viewed 0 times

  The good news is: • Last week the market had its best week in a while. The negatives In spite of a sensationally strong week…