Mark J Lundeen

Mark J Lundeen Articles

Monday was a bad day for the bulls in the gold and silver market. Gold saw a day of extreme volatility, a daily move of 3% or more from previous day’s close (-3.35%), its 55th -3% Day since December 2000. Silver was only down 1.02%, so...
Economic growth – who could possibly be against that? Okay the environmentalists are but certainly not me! However when we define exactly what constitutes economic growth, I’d have to say I’m against what today passes for it: an ever...
Two months ago I wrote an article on our lackluster market, how the post credit crisis bull was slowing down. Reasonable people understand that the stock market can go down as well as up; so after a six year run that pushed the Dow Jones...
Mr. Bear may currently be in hiding, but he can scarcely contain himself. The media is currently focused on the financial garbage from Greece and Puerto Rico stinking up investment portfolios, but truth be told the entire global bond...
A venerated elder once said to me, “you can pick your nose but you can’t pick your family.” These are wise words indeed that best explain my attitude toward the current who’s who now running for the highest office in the land. And in...
I use CNN Money for after hour stock index futures and get an occasional chuckle reading their market commentary.
I’ve come to a point in my market observations where I have little desire to follow current market trends, except for maintaining my data files. I do admit though that I’m closely following Treasury yield daily closings.
Both the Federal Reserve’s and foreign central banks’ appetite for US Treasury debt have apparently been sated, (for now anyway) as seen below. The Federal Reserve alone has increased its reserves of US Treasury debt by 850% since 2008.
The one word that best describes the stock market since early March would be “lackluster,” a market that’s neither hot nor cold. The Dow Jones Bear’s Eye View (BEV) chart below begins at the absolute bottom of the credit crisis bear-...
One of my stock-market pet peeves is the current earnings fetish, which would have little value in predicting valuation trends if the casino weren’t rigged. Few people today can recall why Charles Dow actually began compiling his stock...

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