Mark J Lundeen
At week’s close the Dow Jones Index was within 3% of making a new all-time high in the Bear’s Eye View (BEV) chart below. Still, the stock market lacks the excitement most investors seek. But such excitement usually signals the end of a...
The Dow Jones Index in its BEV chart below is charging up the hill with eyes fixed on making new all-time highs. In the past week it has advanced 2.9% BEV points, leaving only 3.52% BEV points to go before it once again makes stock market...
Another week of nothing much happening with the Dow Jones; since last Friday it has advanced by only 42.44 points. What’s to make of that? After the impressive advance that began after December 24th the market is taking a break. Don’t...
Let see, on December 24th the Dow Jones Index found itself on the BEV chart below at -18.77%. Twenty-seven NYSE trading sessions later, the close of this week, it has increased to -6.58%. As always, a big Bravo Zulu for the Plunge...
The Dow Jones Index took last week off; In 4 days of trading it advanced only 0.11% In the BEV chart below, or 31 points. After the advance seen since December 24th I guess it earned a break.
I’m back from my three-week vacation, three weeks where the market began feeling Mr. Bear’s hot breath on the back of its neck in late December, to now where people can once again anticipate new all-time highs in the Dow Jones Index.
Mr Bear has begun clawing back inflated market valuations in the stock market. The Dow Jones has deflated by over 6% since last Friday’s close; everyone can see Mr Bear’s handy work in the BEV chart below.
Do you see what I see in the Bear’s Eye View chart below? The Dow Jones’ last BEV Zero (last all-time high) was on October 3rd; and for the first time since October 3rd the Dow Jones broke down below its BEV -10% line. It goes without...
What a week for Mr Bear! Oh, the Dow Jones Index closed 9.09% from its last all-time high of October 3rd. That by itself isn’t a concern of mine. As seen below, since last January the Dow Jones Index has seen lower levels in the BEV chart.
I last wrote an article on Friday November 9th as the Dow Jones closed with a value of -3.13% in the BEV chart below. Three Friday’s later and the Dow Jones closed today with a value of -4.81%. Not much of a difference, until we note...
