Mark J Lundeen
Two weeks ago, on the last trading day in March, the Dow Jones closed at a BEV Zero. In the following ten NYSE trading sessions, Mr Bear has almost knocked the Dow Jones out of scoring position, closing the week with a BEV of -4.58%.
Oh oh; the Dow Jones may have closed last week at a BEV Zero, but then broke below its BEV -3% level this week, closing the week with a BEV of -2.27%. Is the rally over? It may be, but until the Dow Jones actually breaks below its BEV -5...
For good or bad, this is a market that wants to go up. How could an advancing stock market be bad? If the money pouring into it is coming from the Federal Reserve, pumping monetary inflation into it – ultimately that will be bad when...
This week (Wednesday & Thursday) added two more Bear’s Eye View (BEV) Zeros (new all-time highs) to the Dow Jones’ BEV chart below, numbers 22 & 23 of the current advance, and closed the week deep into scoring position, with a BEV...
Once again, no BEV Zeros / New All-Time Highs this week for the Dow Jones, and there haven’t been for almost a month, since February 23rd. So, is the advance over? To answer that question, I’m going to look at the Dow Jones’ BEV chart...
This week the Dow Jones failed to see a new BEV Zero; five days without a new all-time high. But that happens frequently in any market advance, as in any market advance, the market in question isn’t going to see a continuous string of new...
We take heart in Gold’s having thus far traveled this year some 38% of the route from last year’s settle (2072) toward this year’s forecast high (2375).
This week saw no new BEV Zeros in the Dow Jones BEV chart below. So, the total quantity of new all-time highs for this advance (Red Circle) remains at 21. But for the Dow Jones to be taking a pause from making new all-time highs, is also...
This week on Thursday and Friday, the Dow Jones in its BEV chart below made its 20th & 21st BEV Zero of the rally. A rally that began last November when it closed in scoring position, a close above its -5% line, and the Dow Jones has...
The Dow Jones continues looking good in its BEV chart below. Since November 17th, the Dow Jones has either closed in scoring position (BEV Values from -0.01% to -4.99%), or at a BEV Zero (0.00% = new all-time high). So far in this...
