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 NASDAQ composite (OTC) closed at a multi year high on Friday while all of the other broad based indices closed at all time highs.The negatives - The chart below covers the past 6 months showing the S&P 500 (SPX)...
The good news is: New lows have remained at non-threatening levels.The negatives: The chart below covers the past 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green....
The good news is: Like the week before, last week, the secondaries outperformed the blue chips and there was no build up of new lows. Last week was just an extension of the week before. New highs continued to...
The good news is: The secondaries outperformed the blue chips and there was no build-up of new lows, last week. The negatives: New highs have been deteriorating since May.As the major indices trended to higher highs they did it...
The good news is: All of the major indices hit all time or multi year highs last week. The negatives: While the major indices have been hitting progressively new, higher highs this year they have been doing it with progressively...
The good news is: The NASDAQ composite (OTC) closed at a multi-year high last Tuesday. The negatives: Most of the Major indices are near their all time highs while the number of issues hitting new highs has been declining for months....
The good news is: We saw a down week with no buildup of new lows on the NASDAQ. The negatives: The market has been following the typical seasonal pattern for the 1st year of the Presidential Cycle pretty closely and...
The good news is most of the major indices closed at all-time or multi year highs on Friday. The negatives:New highs have become problematic everywhere. The chart below covers the past 6 months showing the S&P 500 (SPX) in red...
The good news is: New lows remained insignificant in spite of a rough week.The Negatives: New highs have remained problematic on the NYSE.The chart below covers the past 6 months showing the S&P 500 (SPX) in red and a...
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