Mark J Lundeen
The Dow Jones closed higher this week, with a BEV Value of -3.35% from its last all-time high of last October. Last week it closed with a BEV value of -4.94%. That’s progress as I understand it, though we see nothing exciting happening in...
The Dow Jones saw some selling pressure this past week, closing down 4.94% from its last all-time high of October 3rd of last year. Time to press the panic button? Not as far as I’m concerned, but then I also have no exposure to the broad...
This was a constructive week for the Dow Jones, up 1.49% in the BEV chart below. That doesn’t sound like much; but remember low volatility in the stock market is when the Dow Jones does the thing the bulls like most – advance towards new...
The Dow Jones Index continues correcting, closing this week below its -5%BEV line in the BEV chart below. Time to panic? Well, in a bear market the first loss is always the best loss; meaning it’s best to panic early and sell everything...
The Dow Jones Index was down six points this week, effectively unchanged from last week’s close. Below is the Dow Jones in daily bars. I circled this week’s data, and what little market action we saw this week. Be ye a bull or a bear;...
At week’s close the Dow Jones Index was within 3% of making a new all-time high in the Bear’s Eye View (BEV) chart below. Still, the stock market lacks the excitement most investors seek. But such excitement usually signals the end of a...
The Dow Jones Index in its BEV chart below is charging up the hill with eyes fixed on making new all-time highs. In the past week it has advanced 2.9% BEV points, leaving only 3.52% BEV points to go before it once again makes stock market...
Another week of nothing much happening with the Dow Jones; since last Friday it has advanced by only 42.44 points. What’s to make of that? After the impressive advance that began after December 24th the market is taking a break. Don’t...
Let see, on December 24th the Dow Jones Index found itself on the BEV chart below at -18.77%. Twenty-seven NYSE trading sessions later, the close of this week, it has increased to -6.58%. As always, a big Bravo Zulu for the Plunge...
The Dow Jones Index took last week off; In 4 days of trading it advanced only 0.11% In the BEV chart below, or 31 points. After the advance seen since December 24th I guess it earned a break.
