Mark J Lundeen
Looking at the Dow Jones’ BEV chart below, this week the Dow Jones closed in between its last all-time high of last January, and its lows of early March. Just looking at the chart, the Dow Jones could go either way; to new BEV Zeros or...
The Dow Jones closed this week almost where it did last, down about $45, or 0.12 BEV points. Last week I thought the Dow Jones was thinking it over; what its next big move was going to be; to the up or downside, to new all-time highs, or a...
The Dow Jones has improved its position in its Bear’s Eye View (BEV) chart below. Last time I published this chart, two weeks ago, the Dow Jones was a tad below its BEV -10% line. This week it closed at a BEV of -5.68%, making up about...
If I were to speak of the sum total of the market’s action so for 2022, what would I say? Maybe something from Bob Dylan; something like “A Hard Rain’s a Gonna Fall.” Forget about financial assets being historically overvalued. They...
The Dow Jones in its Bear’s Eye View Chart below, is trending down to its BEV -10% line, closing the week at a BEV of -8.65. However, on Tuesday’s close the Dow Jones found itself with a BEV of -9.52%, only 0.49% from breaking below its...
This week, the Dow Jones closed just a tad below where it closed last week / BEV -7.45% compared to BEV -7.39%. However on Wednesday, it almost closed in double-digits; BEV -9.97%. That, and all this (past) week looking at the pre-market...
This was a big week in the market; lots of big events happening in the world with the potential to impact the markets.
This week the Dow Jones closed within scoring position, or within 5% from the Dow’s last all-time high every day, until Friday, where it closed with a BEV of -5.60%. This isn’t necessarily bad, but it certainly isn’t good. For a year,...
Before I begin my weekly market letter, I thought I’d give credit where credit is due. On Monday, January 31st of this week, for the first time the US National Debt broke above $30 trillion dollars. This achievement in malfeasance would...
Monday was an interesting day in the stock market, for what’s it’s worth – as reported by CNN Business. Monday, January 24th the Dow Jones saw another miraculous ascension. After the Dow Jones deflated 1,115 points from its previous close...
