Mike Burk
Mike Burk began developing equity trading systems in the early 1980's. Through the 1990's he marketed an equity trading system called MIRAT based on breadth indicators, but, primarily new lows. In the early days of this century he developed the seasonal trading strategies currently used by Alpha Investment Management of Cincinnati. Mr. Burk has been writing equity market newsletters since the early 1990's. During the past 10 years the letter observes both breadth and seasonal strategies.
Articles by Mike Burk
The good news is: The S&P 500 (SPX) closed at an all time high last Thursday.The negatives: There was little in the way of identifiable patterns last week. The Dow Jones Industrial Average (DJIA) was down a...
The good news is: The blue chip indices and NYSE breadth data have been holding up well.The negatives: The secondaries continue to underperform the blue chips and the NASDAQ breadth indicators continue to underperform those on...
The good news is: In spite of a rough week for the indices, new lows remain at benign levels.The negatives: All of the major indices were down last week and the secondaries were much weaker than the blue chips. The...
The good news is: The NASDAQ composite (OTC) closed at a multi year high Friday and the rest of the major indices closed at all time highs. The negatives: The market is overbought.For the past 6 weeks most of the major indices...
The good news is: The NASDAQ composite (OTC) closed at a multi year high Friday.The negatives: New highs declined last week and, on the NASDAQ, remain closer to their lows of the past 2 years than their highs.The chart below...
The good news is: The blue chip indices closed at all-time highs on Friday and the NASDAQ composite (OTC) closed at a multi-year high.The negatives: The market is overbought. Most of the major indices have been up for 6...
The good news is: All of the major indices were down last week, but the secondaries held up better than the blue chips and there was no significant build up of new lows.The negatives: New highs declined sharply last week,...
The good news is: The market had a good week, the S&P 500 (SPX), Dow Jones Industrial Average (DJIA) and S&P mid cap (MID) all closed at all time highs last Friday. For the week, the secondaries were stronger than...
The good news is: Both the S&P 500 (SPX) and Dow Jones Industrial Average (DJIA) closed at an all time high last Friday.The negatives: The market had a good week with the NASDAQ composite (OTC) leading the way followed...
The good news is: The S&P 500 (SPX) closed at an all time high last Friday.The negatives: The market was pretty strong last week with the secondaries leading the advance. My guess is this is a seasonal bear...