Mark J Lundeen
What a difference a week can make. These past few weeks I’ve been complaining about the Dow Jones inability to do something to the up or downside. Then this week the Dow decided to do something; like going down 563 points (-2.12%) from...
A new definition for tedium should be having to follow the Dow Jones; for weeks now it hasn’t done much to entertain market watchers. I wish it would go up, or down, instead it just daily trades near to, but just short of a new all-time...
The Dow Jones Index in the BEV chart below closed this week a bit below last week’s close; 1.06% instead of last week’s 1.00%, down six cents on the dollar, or basically unchanged from last week. As I said last week the bulls aren’t in a...
Ah, talk about drama! The Dow Jones this week closed only 1.00% away from its last all-time high of last October 3rd. From here it should be easy for the Dow Jones to make a new BEV Zero in the Bear’s Eye View chart below. But I don’t...
The Dow Jones Index continues advancing towards new all-time highs. At the close of the week it found itself only 1.5% away from last October’s BEV Zero at 26,838.39; that’s only 413.4 points from making market history. Then in the Bear’...
The Dow Jones closed higher this week, with a BEV Value of -3.35% from its last all-time high of last October. Last week it closed with a BEV value of -4.94%. That’s progress as I understand it, though we see nothing exciting happening in...
The Dow Jones saw some selling pressure this past week, closing down 4.94% from its last all-time high of October 3rd of last year. Time to press the panic button? Not as far as I’m concerned, but then I also have no exposure to the broad...
This was a constructive week for the Dow Jones, up 1.49% in the BEV chart below. That doesn’t sound like much; but remember low volatility in the stock market is when the Dow Jones does the thing the bulls like most – advance towards new...
The Dow Jones Index continues correcting, closing this week below its -5%BEV line in the BEV chart below. Time to panic? Well, in a bear market the first loss is always the best loss; meaning it’s best to panic early and sell everything...
The Dow Jones Index was down six points this week, effectively unchanged from last week’s close. Below is the Dow Jones in daily bars. I circled this week’s data, and what little market action we saw this week. Be ye a bull or a bear;...
