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: Most of the major averages closed at all time or multi year highs during the past week.The negatives: New highs have been picking up, but there have been fewer of them than at recent highs, indicating...
The good news is: Most of the major averages closed at all time or multi year highs on Thursday or Friday.The negatives: The major indices were up 6% - 9% in February leaving the market overbought.New highs have picked up quite...
The good news is: The NASDAQ composite (OTC) closed at a multi year high on Tuesday and, last week, the secondaries were stronger than the blue chips.The negatives: New highs increased last week, but remain below their levels...
The good news is: The NASDAQ composite (OTC) closed at a multi year high on Friday while the S&P 500 (SPX) missed its all time high by only 0.5%.The negatives: The market is overbought.The OTC has been up for 7 consecutive...
The good news is:The pull back of the last half of January appears to be over.The negativesIn the recent pull back, the small caps represented by the Russell 2000 (R2K) were the biggest losers among domestic issues, they were also the...
The good news is: The past 2 weeks have followed the script for a bull market pull back pretty closely. A rapid decline without, so far at least, significantly penetrating the upward sloping trend lines.The negatives: There was...
The good news is: The mid and small cap indices closed at all-time highs last Wednesday.The negatives: Negatives are still hard to find.Last week’s pull back followed the bull market script perfectly developing very few new lows and...
The good news is: Some of the major indices closed at all-time highs last Wednesday.The negatives: Negatives are pretty hard to find.The market is just marking time.Precious metals and Retail switched positions from a few weeks...
The good news is: The mid and small cap indices closed at all-time highs on FridayThe negatives: Negatives are pretty hard to find.The new high indicators failed to confirm the small cap highs, but they did turn up; setting up...
The good news is: All of the major indices closed at all time or multi-year highs on the day before New Years Eve. The negatives: All of the major indices closed at multi-year or all-time highs last Tuesday, while the...
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