Mark J Lundeen
Last week, the Dow Jones closed at its BEV -5% line, in its Bear’s Eye View (BEV) chart below. At the time, I said if the Dow Jones is in a bull market, it will advance into scoring position, above its BEV -5% line, if not, it would back...
At week’s end, the Dow Jones was only 0.25% from closing in scoring position, closing above its BEV -5% line in the chart below. This is important, as with the Bear’s Eye View (BEV), it is from scoring position that all bull-market...
At this week’s close, I’m wondering what the market has instore for the Dow Jones below. The Dow Jones closed above its BEV -10% line on April 29th, nine NYSE trading sessions ago, and has since managed only to keep above it, refusing to...
At the close of the first week of May, 2025, looking at the Dow Jones Bear’s Eye View (BEV) chart below, it could be interpreted in one of two ways; 1. The Dow Jones is rebounding from a correction within the context of a bull market...
The bear market continued this week. A week that saw bearish extreme market events, as per Mr Bear’s report card below. A week where the major market indexes I follow, in the main refused to once again, close above their BEV -10% lines.
In my mind, at week’s end, I have no doubt Mr. Bear is once again roaming around lower Manhattan, Wall Street to be specific, and is clawing-back market valuations trading in the stock market.
What a week! Last Thursday, the Dow Jones had yet to break below its BEV -10% line, as seen below. Then this week came into play, with its huge daily swings. Monday saw the Dow Jones down by over 2,200 points, no doubt because of Trumps...
By Friday’s close, everyone knew what caused this week’s market’s huge sell off, it was because of Trump, and his tariffs. The below is from Thursday.
The Dow Jones closed this week with a Bear’s Eye View of -7.62%, meaning the Dow Jones closed 7.62% below its last all-time high, seen on 04 December 2024; 45,014. Okay, so what?
This was a bad week for the stock market. A week that saw the Dow Jones break decisively below its BEV -5% line, and almost did the same for its BEV -10% line on Thursday’s close. What is there to say?
