Mark J Lundeen
There are times when one should be looking for reasons to buy in the stock market. This is especially so after a big market decline, when fear prevents most market participants from acting in their own best interests; like buying stocks...
As it has been since last November, all this week the Dow Jones remained in scoring position; less than 5% from its last all-time high. We haven’t seen any new BEV Zeros in the BEV chart below since its last on August 16th. But I’d be...
All is well with the stock market, as per the Dow Jones’ BEV chart below. Exactly like every other daily closing since November 4th of last year, where the Dow Jones has closed either at a new all-time high (BEV Zero) or in scoring...
This week the Dow Jones made four new BEV Zeros (new all-time highs), which on a BEV chart looks pretty boring. And it’s not just these new all-time highs making the Dow Jones’ BEV chart below appear so tedious; since last November, the...
This week closed with the Dow Jones sitting on a new BEV Zero (new all-time high of 35,208), #37 since last November. I have nothing to say except Go Bulls Go! What else is there to say? Yes, the market’s valuations are being inflated...
The Dow Jones saw a new BEV Zero (new all-time high) on Monday this week, then closed within 0.64% of that in the following four days. From the perspective of the Dow Jones Bear’s Eye View chart below, that’s about it.
Monday this week saw a little excitement, as the Dow Jones saw it first 2% day since January 27th. And like last January, this week’s day of extreme market volatility was but a pause the market took before the Dow Jones saw a new all-time...
For the Dow Jones, the story remains the same; while not roaring into historic territory, it’s not crashing down either. Closing the week with a BEV of -0.88%, the Dow Jones is comfortably in scoring position for making a new BEV Zero. ...
This week I thought I’d start off covering my Bear’s Eye View (BEV) charting technique with a little more detail than I usually do for the benefit of my new readers. For my regular readers, an occasional refreshment on this technique is...
Last week, I was concerned the stock market was at a critical juncture, that maybe Mr Bear was coming back to have his way with the Dow Jones. What difference a week can make, or in the case of the Dow Jones’ BEV -5% line below, what...
