Mark J Lundeen

Mark J Lundeen Articles

Last week it appeared the Dow Jones Index had one foot in its grave and the other on a banana peel, ready to break below its BEV -7.5% line and on its way to the -10% line in the BEV chart below.  I didn’t believe it would move lower by 2....
Last week I was still optimistic on the prospects of the Dow Jones making new all-time highs in the weeks and months to come. However, seeing this tired old bull fall down and bang its head on the BEV -7.5% line below at the close of this...
The Dow Jones closed the week -4.63% from its last all-time high of October 3rd.  Let’s round that down to -5%, which as seen in the table on the Dow Jones’ BEV chart is 1,342 points below last October’s high-water mark.  So, is Mr Bear...
What a difference a week can make.  These past few weeks I’ve been complaining about the Dow Jones inability to do something to the up or downside.  Then this week the Dow decided to do something; like going down 563 points (-2.12%) from...
A new definition for tedium should be having to follow the Dow Jones; for weeks now it hasn’t done much to entertain market watchers.  I wish it would go up, or down, instead it just daily trades near to, but just short of a new all-time...
The Dow Jones Index in the BEV chart below closed this week a bit below last week’s close; 1.06% instead of last week’s 1.00%, down six cents on the dollar, or basically unchanged from last week.  As I said last week the bulls aren’t in a...
Ah, talk about drama!  The Dow Jones this week closed only 1.00% away from its last all-time high of last October 3rd.  From here it should be easy for the Dow Jones to make a new BEV Zero in the Bear’s Eye View chart below.  But I don’t...
The Dow Jones Index continues advancing towards new all-time highs.  At the close of the week it found itself only 1.5% away from last October’s BEV Zero at 26,838.39; that’s only 413.4 points from making market history.  Then in the Bear’...
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...

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