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:  At the end of a very volatile week most of the major indices were up.

The negatives:  New lows finished the week at their highest levels in nearly a month.

The chart below covers the past 6 months showing...
The good news is:  Last week the secondaries outperformed the blue chips.

The negatives:  New lows decreased while new highs increased last week which is a positive.  However, with both the S&P 500 (SPX) and NASDAQ...
The good news is:  Last week the market had its best week in a while.

The negatives:  In spite of a sensationally strong week for the major indices,  new lows exceed new highs every day last week on both the NYSE and...
The good news is:  The current weakness is part of a seasonal pattern that ends in a week.

The negatives:  New lows rose on both the NYSE and NASDAQ every day over the past week finishing the week at over 200 on both exchanges...
The good news is:  Last week the secondaries outperformed the blue chips for the first time in quite a while.

The negatives:  The advance – decline lines (ADL) have been persistently weak and new lows have remained high....
The good news is:  The NDX (Big tech index) closed at an all-time high Wednesday.

The negatives:  The secondaries continue to underperform, new lows remain uncomfortably high, the advance – decline lines (ADL) have been weak...
The good news is:  New highs picked up last week.

The negatives:  We expect to see the secondaries lead both up and down and they have been the laggards since the recent lows.

Here are the recent performance summaries for...
The good news is:  New lows remained at non threatening levels last week.

The negatives:  Monday will be the 28th anniversary of the October 19, 1987 crash.

Technical conditions are very different now so there is unlikely...
The good news is:  Last week new lows disappeared and new highs began accumulating.

The negatives: The major indices are up 7% - 8% in the past two weeks; Consequently, the market is overbought.

The positives

New lows...
The good news is:  On Monday the market retested its August low and bounced off of it. 

The negatives:  Last week was a mirror of the previous week.  Most of the major indices were up for each of the last 4 days of...

Pages

Silver has the highest electrical conductivity and heat of all metals.

Silver Phoenix Twitter                 Silver Phoenix on Facebook