Mark J Lundeen
Not unexpected, the Dow Jones Index made new all-time highs on the last three trading days of the week. The number of BEV Zeros the Dow has made since the November election increases weekly. Since the elections, there have been 169 NYSE...
The Dow Jones hasn’t seen a new all-time high since June 19th. But as the Dow Jones’ BEV chart below shows, it closed the week in scoring position, only 0.53% away from a new all-time high. If the bulls are willing, the Dow Jones could...
Another month in 2017 has come and gone. And, I have to say that June was for the most part pretty quiet compared to what the stock market saw earlier in the year. In June we saw seven new BEV Zeros (new all-time highs) in the Bear’s Eye...
The Dow Jones Index continues advancing. In the past two weeks it’s made five new all-time highs in the BEV chart below and ended the week only 0.62% away from Monday’s last all-time high. All and all a darn good performance.
The week ended with a new all-time high for the Dow Jones Index. Keep in mind I’m still a big bear on the stock market, but there’s no need to begin the depression any sooner than is necessary. Still, I have to be honest and point out...
As expected, the Dow Jones Index saw two new all-time highs the past week (Thursday and Friday). Just how much higher can the stock market go? On a point basis I really don’t know, could be enough to surprise me. But on a practical...
The Dow Jones Index closed the week just a whisker (35.27) from taking out its last all-time high from March 1st of this year. Looking at the Dow Jones and its step sum below, I expect we’ll see history being made next week, or the week...
Wednesday saw a bit of action in the stock market. The Dow Jones Index closed 1.78% (373 points) below Tuesday’s close. People following the stock market tend to focus on the points. Seeing the Dow Jones move down 373 points in a single...
Since its last all-time high seen on March 1st, the Dow Index has yet to break lower than -3.5% from it, or make a new all-time high. It’s a boring market. Something in me wants to see some excitement on Wall Street. But something else...
Following this market is an exercise in frustration. Last week, the Dow Jones Index appeared ready to roll over. I expected the Dow Jones to be closer to its -5% line than its -2.5% line at the close of this week. But as you can see the...
