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 market has had 4 consecutive winning weeks.

The Negatives: The market is overbought.

The Dow Jones Industrial Average (DJIA) has been the worst performer of the major indices and it has been up 9.9%...
The good news is: The market has had three consecutive winning weeks with the secondaries outperforming the blue chips.

The Negatives: The market is overbought. The Dow Jones Industrial Average (DJIA) has been the worst performer of the...
The good news is:  The market has had two consecutive winning weeks with the secondaries outperforming the blue chips.

The Negatives:  New lows have remained a little high, especially on the NASDAQ where new lows outnumbered...
The good news is:  Last week new lows nearly disappeared again.

The Negatives:  In late January new lows all but disappeared returning a couple weeks later.  They disappeared again last week.  If the pattern repeats...
The good news is:  There will be great opportunities when this decline is over.

The Negatives:  In the early years of this century housing was the only game going.  The Fed kept the game going by keeping interest rates...
The good news is:  There will be great opportunities when this decline is over.

The Negatives:  New lows returned in threatening numbers last week.

The first chart covers the past 6 months showing the S&P 500 (SPX) in...
The good news is: The worst January since 2008 is over.

The Negatives:  New lows, especially on the NASDAQ have remained uncomfortably high although well below their levels of two weeks ago.

The positives:  For now, the...
The good news is:  New lows disappeared last week.  The decline we have been experiencing since late December is over.

The Negatives:  Last Wednesday there were 1395 new lows on the NYSE and 908 on the NASDAQ.  Those...
The good news is:  Measured by the NASDAQ composite (OTC) January has been on average the strongest month of the year.

The negatives:  2015 was the 3rd year of the Presidential Cycle.  The 3rd year has been, by far, the...
The good news is:  It looks like traders closed out their positions Friday ahead of a 2 week vacation.  Nearly 10 billion shares were traded on Friday.  Seasonally the 4 trading days before Christmas during the 3rd year of...

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The symbol for silver ‘AG’ comes from the Latin word ‘agentum’ meaning silver.

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