Mark J Lundeen
Last week the Dow Jones Index saw new all-time highs on Thursday and Friday, but this week it saw none, closing the week -1.07% from last week’s close. Is this the pause that refreshes? It very well could be, and then maybe not.
My timing was pretty good. As it turned out the Dow Jones Index saw two new all-time highs this week, the week I returned from a month long break. These new all-time highs in the Dow Jones marks the termination of the fourth correction...
Closing the week only -3.10% from its last BEV Zero, the Dow Jones Index is progressing towards a new all-time high in its BEV chart below as it cleared the -3.43% from late February (Red Circle). Only 3.10% from a new all-time high and...
The Dow Jones did well this week, closing just a hair from its February 26th’s -3.41% (Red Circle below). Hopefully it can take that out next week, but who can say whether it will or not? So let’s all cross our fingers and hope for the...
The stock market is in its dog-days of summer; for the past month the Dow Jones didn’t want to go up yet refuses to go down. Since July 16th (twenty trading days) the Dow Jones has remained in a tight trading range in the BEV chart below,...
I had some personal matters to attend to this week; that plus nothing much had happened this week in the markets to write about, so this article will be shorter than usual.
The Dow Jones Index has finally broken above its BEV -5% line in the Bear’s Eye View chart below, closing the week only 4.38% from making a new BEV Zero, (new all-time high). The bulls deserve a big Bravo Zulu for forcing me to change the...
This week’s market commentary, as it has been for the past few months is tedious. But that isn’t my fault. What’s to say about a market which since early March has been four months of hurrying up and waiting? Waiting for what?
What a week I’ve had. Barron’s ceased its internet publication of much of its market data. They still do some in a digital format, but after I called them on Monday morning the really good stuff like the Dow Jones Total Market Groups,
Last week the Dow Jones Index closed with its BEV value at around -7.5% and I wondered whether it would first breach its BEV -5% or -10% line. Five trading days later it appears the -10% line is next, and what follows after that?
