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 an all time high on Friday. 

The negatives:  Last week’s rally was impressive, the kind that makes one question one’s bearhood.

Bull markets begin with the...
The good news:  There may be a few days left in the countertrend rally that began last week.

The negatives:  The game is over, the clock has run out.

It was not a very good showing for the 1st half of the 3rd year of the...
The good news is: The market is very oversold and due for a bounce. 

The negatives: The market appears to have run out of time. 

Historically the first 6 months (lasting until mid July) in the 3rd year of the...
The good news is:  Historically the next 2 weeks have been very strong.

The negatives:  The breadth dichotomy between the NASDAQ and NYSE markets continued last week with the NYSE much weaker than the NASDAQ.

The chart...
The good news is:  The Russell 2000 (R2K) and NASDAQ composite (OTC) both closed at all time highs on Thursday.

The negatives:  The breadth dichotomy between the NASDAQ and NYSE markets continued last week with the NYSE much...
The good news is:  NASDAQ breadth indicators have been stronger than NYSE breadth indicators.

The negatives:  The market, measured by the blue chip indices and NYSE breadth indicators, had another rough week.  The new low...
The good news is:  The secondaries have been stronger than the blue chips.

The negatives are:  The market, measured by the blue chip indices and NYSE new lows, had a rough week

The chart below covers the past 6 months...
The good news is:  The NASDAQ composite (OTC) hit an all-time high in the past week.

 The negatives:  New highs continued at weak levels during the past week while new lows increased slightly.  Levels of new lows are...
The good news is:  Most of the major indices closed at all time highs at some time in the past week. 

The negatives:   Considering the major indices are very near their all time highs, 52 week new highs of the...
The good news is:  The S&P500 (SPX) closed at an all-time high Friday.

The negatives:  New highs picked up a little last week, but, considering the major indices are at or near their all-time highs they remain anemic....

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