Mark J Lundeen
The week closed with the Dow Jones Index down almost 2% from its last all-time high. Realize the bulls are only happy when the object of their affection is making new all-time highs, something the Dow Jones failed to do this week.
The Dow Jones is hugging its BEV Zero (0.00%) line in its BEV chart below, making a new all-time high on Wednesday, then closing the week a half point from this mid-week high. I expect more of the same for as far as the eye can see. And...
In BEV terms, last week found the Dow Jones closing 3.72% from its last all-time high of January 17th, or down 1,092 points. In my mind the stock market had the makings of a new correction, or at least a period of rest for the bulls. ...
It’s been awhile, but this week we saw some excitement that took the Dow Jones down to its BEV -3.75% line at Friday’s close. And being today was also the first Dow Jones 2% day since last August, a -2.09% day, most of this week’s decline...
For the past year the Dow Jones Index has been advancing off the bottom of an 18% correction, and has been daily closing at new all-time highs or within 5% of one. It’s good market action, but having to write market commentary on a market...
I’ve been missing-in-action for the past month, during which many interesting things have happened in the market, such as the Dow Jones making eight new all-time highs as it advanced 893 points since December 20th.
This week the Dow Jones Index closed on a high note; its fifteenth new all-time high since November 1st. But since March 2009 the Dow Jones, and most of the stock market has seen many new all-time highs. As seen in the Dow Jones Bear’s...
This week will be an abbreviated article. Holiday and personal items I must attend to seem to have piled up at the end of the week.
Since mid-October the Dow Jones has been at a new all-time high, or within 2.5% of one in the BEV chart below. I can’t complain about that.
This week opened with the Dow Jones closing at a new all-time high on Monday; it then lost headway closing the week -0.57% from Monday’s close.
