Mark J Lundeen
Deflation seems to be the primary theme in the market as we come to the end of October. The last time the Dow Jones saw its BEV value at -8% was in early July of this year (BEV chart below). It took fifty-three NYSE trading sessions for...
Extreme volatility (Dow Jones 2% Days) continues being a major feature in the market; Tuesday of this week saw the Dow Jones close 2.17% above the previous day’s close. Yes this was a big daily gain, but big daily percentage gains are...
Do you want to see something really ugly? Look no farther than the daily bar chart for the Dow Jones below. Yep, Mr Bear was a bad bear this week! Jeeze Louise, the Dow Jones saw two new all-time highs last week yet closed this week down...
This week the Dow Jones Index on Tuesday and Wednesday closed at all-time highs. That makes four new BEV Zeros in the BEV chart below in the past ten trading days, and that’s something I can’t complain about.
Last week the Dow Jones Index saw new all-time highs on Thursday and Friday, but this week it saw none, closing the week -1.07% from last week’s close. Is this the pause that refreshes? It very well could be, and then maybe not.
My timing was pretty good. As it turned out the Dow Jones Index saw two new all-time highs this week, the week I returned from a month long break. These new all-time highs in the Dow Jones marks the termination of the fourth correction...
Closing the week only -3.10% from its last BEV Zero, the Dow Jones Index is progressing towards a new all-time high in its BEV chart below as it cleared the -3.43% from late February (Red Circle). Only 3.10% from a new all-time high and...
The Dow Jones did well this week, closing just a hair from its February 26th’s -3.41% (Red Circle below). Hopefully it can take that out next week, but who can say whether it will or not? So let’s all cross our fingers and hope for the...
The stock market is in its dog-days of summer; for the past month the Dow Jones didn’t want to go up yet refuses to go down. Since July 16th (twenty trading days) the Dow Jones has remained in a tight trading range in the BEV chart below,...
I had some personal matters to attend to this week; that plus nothing much had happened this week in the markets to write about, so this article will be shorter than usual.
