Mark J Lundeen
This week for the first time since the November 16th’s all-time high (aka: BEV Zero) the Dow Jones closed more than 3% from a BEV Zero, closing the week down 3.87% from January 20th BEV Zero. It was bound to happen, especially after two...
Since the Dow Jones declined to its BEV -10% level at the end of October, it’s been either advancing towards record territory, closing at new all-time highs (eleven so far since November 16th), or closing within 1% of a new all-time high...
During my holiday break the Dow Jones continued advancing. Not as if it were on fire, but it did make six new BEV Zeros in the BEV chart below, and remained within 1% of one every day since December 18th.
This week the Dow Jones saw its fourth post March 23rd bottom BEV Zero on Thursday, with the first of these four happening on November 16th. There is a pattern here; the Dow Jones goes on to a new all-time high, and then (or so far) it...
Since November 16th when the Dow Jones made its first BEV Zero since its -37.5% market bottom of last March, it has remained within 2.5% of its BEV Zero as well as making two additional new all-time highs. The current chaos resulting from...
For the 772nd time since January 1982, the Dow Jones closed at a new all-time high, or BEV Zero (0.00%) in its Bear’s Eye View chart below, the third since its 37% correction of last March.
On Monday November 16th, the Dow Jones made its first BEV Zero in the Bear’s Eye View Chart below since last February, but fell short of taking out 30K by about fifty points. With four days left in the trading week, one could be forgiven...
First up, and a few pages below, is the Bear’s Eye View for the Dow Jones going back to January 1982. As I see it, our current bull market began in August 1982 when the Dow Jones began an advance that took it above, and kept it above 1000...
My last article was two weeks ago with the Dow Jones’ BEV closing the week at -4.11%. This week the Dow Jones closes with a BEV -4.16%. Boring stuff, until you realize that in-between these two Fridays the Dow Jones twice actually broke...
The Dow Jones remains range bound in the BEV chart below, though at week’s close it was in scoring position; <5% from making a new all-time high. But since August (three months ago) we’ve been here before, and so far the bulls (the...
