Mark J Lundeen
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.
This week found the Dow Jones at the same spot as it did last week in the BEV chart below; at a new BEV Zero (new all-time high) as it advanced by 324 points during the week. The bulls must be feeling pretty good, as since November 1st ...
Nothing succeeds like success, so this week the Dow Jones made four new BEV Zeros. Wednesday was the odd man out, closing only $0.07 (seven pennies) from making a new all-time high. And how did the Dow Jones do for the week? It closed up 1...
What a tease the Dow Jones Index has become to the bulls; it closed the week only 0.04% from its last all-time high of last July, only eleven points short of making market history. It’s important to note the Federal Reserve cut its Fed...
Another week, but for the Dow Jones Index the song remains the same: so close yet so far from making a new all-time high. The Dow has remained above its BEV -7.5% line since last February, though in May and August it came down to test...
The Dow Jones continues running wild and free in its BEV chart below; eight months of going nowhere fast bounded between its BEV 0.00% and -7.50% lines. For all the effort it took to keep it between a new all-time high and only 7.5% away...
This past week the Dow Jones saw some action in its BEV chart below, an almost 5% decline from a head and shoulder top formation. But since mid-week the Dow Jones recovered to just short of 3% from its last all-time high of last July at...
