Mark J Lundeen

Mark J Lundeen Articles

This week Mr Bear was on the job again, as seen in his report card below. At week’s close the 200 count is up to 12 and we see 3 Dow Jones 2% days in its eight day count. Since Charles Dow began publishing his stock average in 1885, you...
Since the first day of the New Year the stock market has had a difficult time. Why? Maybe a better question would be; how did the Dow Jones, my proxy for the general stock market, recovered to new all-time highs so soon after its March...
How goes the bull market in gold and silver? Believe it or not they are still in a bull market, though after the past three years I expect most people understand the current decline as a bear market. Either way doubts about the old...
On Wednesday I watched Janet Yellen on CNBC, (as usual with the volume muted) as she discussed “monetary policy.” CNBC provided a running commentary at the bottom of the screen with the two key points for everyone to take away from her...
The silver market has joined gold in a selling panic; a panic defined as a period of overwhelming down days, but not necessarily a period of crumbling prices. As with gold, it’s the silver bears panicking, not the bulls.
Last week I discussed the step-sum bull box forming in the gold market in which the price of gold either goes up or trends sideways as its step sum trends bearishly downward. A bull box is a bullish development in any market as its shows...
The step sum is a single item Advance – Decline Line using the daily closing prices of a market price series, but hourly or weekly data would work. Should gold, silver, or the Dow Jones close higher than yesterday’s close, it’s a +1....
For stock-market bears; in the years following 2009 watching the market on a daily basis has been much like watching paint dry. But just as paint does eventually dry, this market will resume the crash it began in Oct 2007.
I’m glad I’m a bible believing Christian waiting for Jesus because if I wasn’t, after watching the Democrat and Republican presidential debates, I’d really be depressed by our current situation. And what situation is that?
The Dow Jones has made some nice gains since its lows of August 25th; 1,418 points or 9%, ending the week at over 17,000. However looking at the blue plot below, it’s evident the Dow still has a good way to go to reach its last all-time...

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Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.