Mark J Lundeen

Mark J Lundeen Articles

What a week I’ve had. Barron’s ceased its internet publication of much of its market data. They still do some in a digital format, but after I called them on Monday morning the really good stuff like the Dow Jones Total Market Groups,
Last week the Dow Jones Index closed with its BEV value at around -7.5% and I wondered whether it would first breach its BEV -5% or -10% line. Five trading days later it appears the -10% line is next, and what follows after that?
The Dow Jones Index is having a problem with its BEV -5% line, (25,285) in the chart below. It easily broke above it on February 26th (Red Circle), closing the day at -3.41%. However, that advance was short lived. Then again in early March...
I thought I’d start out with the Dow Jones’ Bear’s Eye View (BEV) chart going back to 1885 showing every bear market decline of the past one hundred thirty-three years.  This week ended with the Dow Jones 5.73% from its last all-time high...
The Dow Jones Index closed the week with its BEV plot under -5% for the first time since early March. This is no small thing for the bulls, seeing the Dow’s BEV plot rising towards its BEV Zero (0.00%) line from the -11.53% it made on...
The week closed with the Dow Jones Index down 6.71% from its last all-time high in the BEV chart below. How hard would it be for it to make a new all-time high from here? Not very hard one would think, but I don’t have a horse running in...
The Dow Jones Index on Wednesday broke down to double digits in the BEV chart below (-10.11% / 23,924). I was wondering if this was the week the Dow Jones was going to take out its -11.58% (23,533) from March 23rd. But Friday came leaving...
The stock market saw some action this week. On Tuesday the Dow Jones moved over 3% intraday, but closed only -1.74% from Monday’s closing price, so I didn’t count Tuesday as a day of extreme volatility. Other than that, it was a fairly...
This market is beginning to remind me of boot camp; a “hurry up and wait” market. Waiting for what they’d never tell you, but I will. The bulls are waiting for the Dow Jones to break above last February 26th‘s -3.41% in the BEV chart below...
I didn’t miss anything by skipping last week’s posting. The Dow Jones saw its latest correction bottom on March 23rd declining to -11.58% in the BEV chart below. Since then the Dow Jones has oscillated from just below -10% and up to the -8...

Pages

24 karat gold is pure elemental gold.