Mark J Lundeen
In BEV terms, last week found the Dow Jones closing 3.72% from its last all-time high of January 17th, or down 1,092 points. In my mind the stock market had the makings of a new correction, or at least a period of rest for the bulls. ...
It’s been awhile, but this week we saw some excitement that took the Dow Jones down to its BEV -3.75% line at Friday’s close. And being today was also the first Dow Jones 2% day since last August, a -2.09% day, most of this week’s decline...
For the past year the Dow Jones Index has been advancing off the bottom of an 18% correction, and has been daily closing at new all-time highs or within 5% of one. It’s good market action, but having to write market commentary on a market...
I’ve been missing-in-action for the past month, during which many interesting things have happened in the market, such as the Dow Jones making eight new all-time highs as it advanced 893 points since December 20th.
This week the Dow Jones Index closed on a high note; its fifteenth new all-time high since November 1st. But since March 2009 the Dow Jones, and most of the stock market has seen many new all-time highs. As seen in the Dow Jones Bear’s...
This week will be an abbreviated article. Holiday and personal items I must attend to seem to have piled up at the end of the week.
Since mid-October the Dow Jones has been at a new all-time high, or within 2.5% of one in the BEV chart below. I can’t complain about that.
This week opened with the Dow Jones closing at a new all-time high on Monday; it then lost headway closing the week -0.57% from Monday’s close.
This week found the Dow Jones at the same spot as it did last week in the BEV chart below; at a new BEV Zero (new all-time high) as it advanced by 324 points during the week. The bulls must be feeling pretty good, as since November 1st ...
Nothing succeeds like success, so this week the Dow Jones made four new BEV Zeros. Wednesday was the odd man out, closing only $0.07 (seven pennies) from making a new all-time high. And how did the Dow Jones do for the week? It closed up 1...
