Mark J Lundeen
Again, this week the S&P500, and the big NASDAQ Indexes made not one, but three new all-time highs, as the Dow Jones continues failing to generate a new all-time high since its last on February 10th. What is going on here? This is so...
I believe this 20% correction in the price of gold was only to be expected, in fact overdue. Don’t believe me. Take a moment to study gold’s BEV chart going back to 1999, how the other advances, as seen in clusters of BEV Zeros above,...
Did the Dow Jones close the week at a new all-time high? It did not. Its last BEV Zero from February 10th still stands. But this week, the S&P500, and the NASDAQ’s Composite & 100 indexes, all closed at new all-time highs, for...
Since the Dow Jones’ last all-time high on February 10th, its eighty-first BEV Zero since entering scoring position in November 2023, it has been correcting; a 10% claw-back from its last all-time high. This week the Dow Jones closed with...
The stock market, as well as the precious metals, and their miners are recovering nicely, nothing really exciting is going on. Making this is a good opportunity to review my Bear’s Eye View, or BEV charting technique, before we move on to...
Recently, we’ve looked at the Dow Jones not just as a market indicator, but as an indicator for political, and global events. As far as using the Dow Jones as an indicator for the market, this week on Thursday and Friday’s close, it...
Being Passover, and Easter week, trading this week ended on Thursday, with Friday a national holiday. It was a shortened trading week. Still, I think a key one, as last Friday in the BEV chart below, the Dow Jones closed at its current...
When the gold and silver markets have something exciting happening in them, either up or down, daily volatility rises. And so, as serious students of the market, we have to look at price trends to see if rising daily volatility is bullish...
Currently there are a lot of international actions happening that potentially could impact the markets.
Week after week, the Dow Jones remains firmly inside scoring position in its BEV chart below. While that may be bullish, it hasn’t provided much excitement for the bulls in the stock market. The Dow Jones last made a new all-time high (...
