Mark J Lundeen
This week the Dow Jones closed with a BEV of -15.50%, not yet breaking below its BEV -20% line in this market decline. Who knows, maybe it won’t. Maybe it will now turn around and go on to new BEV Zeros below, taking the rest of the...
Last week saw the Dow Jones close just 1.23% away from breaking below its BEV -20% line below, and the bulls knew not what to do. This week, the financial markets saw a nice bounce resulting in the Dow Jones closing above its BEV -15%...
There is no polite way of saying it; the Dow Jones, and the rest of the stock market’s major market indexes appear to be entering a new phase of deflation. The week ended with the Dow Jones only 2.24% from breaking its BEV -20% line below...
This week closed with the Dow Jones’s BEV at -14.69%. Which comes close to answering the question I posed last week; which BEV line does the Dow Jones break next; its BEV -5% or BEV -15%? Its BEV -15% line I’m expecting to come next. The...
It’s been 104 NYSE trading sessions since the Dow Jones had seen its last BEV Zero in its BEV chart below (04 January 2022). Since then, the Dow Jones broke below its BEV -15% line on the 19th & 20th of May. Then, in the past week it...
Last week was a frustrating one for me. I had to reconstruct, from scratch, an important and frequently used file in Excel. I like what Excel does for me, but it has some really annoying quirks in it that somehow never get corrected with...
As in early March, this week the Dow Jones closed below its BEV -10% line. Could this become a bad habit for the stock market, and what comes from there? Keep your eyes on the Dow Jones’ BEV -5% & BEV -15% lines. Whichever is first...
I haven’t covered the Bear’s Eye View (BEV) charting technique for a while. As I’m sure I have new readers, this is a good time for a little technical talk on how Mr Bear looks at the markets. And the various market insights the BEV...
This week the Dow Jones seems to have figured out what its path of least resistance was; Down, if only by about 2% from last week’s close. I don’t know if the Dow Jones will see things the same again next week. Maybe next week will be...
This week, the Dow Jones closed between its last all-time high of last January 4th, and its double-digit BEV lows of last month. In other words, nothing much has changed in the stock market since last week. But, as a zero-heart beat EKG in...