Mark J Lundeen
This week the Dow Jones was down from last week’s close, not so much that it would be noticeable in its BEV chart below. As it has since last November, the Dow Jones is range bound between its BEV -5% & -15% lines.
The Dow Jones closed up this week, making another approach to break above its BEV -5% line below, something it has failed to do since last November, in the circle below. But will it break above it this time?
Last week ended with a very strong advance on Friday. I was hoping there would be some follow through this week on last Friday’s advance, but that wasn’t to be. Still, the Dow Jones gained 114 points (0.34%) from last week, and that is...
Hot off the press; by the skin of our teeth, RINO Republicans and Commie Democrats came together yesterday to save the United States from default, one more time.
Starting on Tuesday’s close, the Dow Jones closed below its BEV -10% line. Is this the beginning of a major collapse in valuation? Most likely not, but the Dow Jones has been going the wrong way all this week, going down, a little bit at a...
The Dow Jones was up for the week by 126 in dollars, or 0.34% in BEV terms in the chart below. Making a close above its’ BEV -5% line, or closing in scoring position as far away this week as it was last week. If you’re a bull on the stock...
As far as the Dow Jones goes, I didn’t miss much during the two weeks I took off. Since March 31st, the Dow Jones has remained above its -10% BEV line, but can’t move up to close above its -5% BEV line, making the past six weeks one...
Advance and be recognized; what’s the password for the stock market these past few weeks? Tedium, what else could it be? Since the end of March, the Dow Jones’ BEV value has traded between its BEV -9.58% (33,274) and -7.53% (34,029), or...
Like the little chu-chu train that knew it could, the Dow Jones continues chugging on up the hill towards a new all-time high. Of course, with a BEV of -7.92% at week’s close, it still has a way to go; 2,913 points if we’re looking at the...
The Dow Jones continued advancing this week. Up by 0.57% BEV points (211 dollars) from last week’s close. Nothing major, but something better than a poke in the nose. The question is; can the Dow Jones close above its BEV -5% line? That...
