Mark J Lundeen
Since the November 8th election, the NYSE has seen seventeen trading sessions with the Dow Jones closing at new all-time highs in nine of them. I’m not going to argue with success, but seeing the stock market do so well after an election...
As I expected, not much happened in the market until the election. The Dow Jones Index remained in the box it found itself in since early September, until last Friday when it broke down 4% from its last all-time high. Then on Monday the...
The box in the BEV chart below contains the Dow Jones Index since the first week of September. With the presidential election so near, it’s not surprising the market hasn’t done much of anything as our “regulated” markets are being...
I’m not surprised: The week following my article illustrating why I believed the gold and silver miners are “historic buys at today’s prices”; gold, silver and their miners get whacked to their lows of the current, so far eight week...
Tedious – that’s how I’d describe the stock market for the past six weeks. Everything is on hold until Janet Yellen finds the courage to euthanize the bulls on Wall Street with a few rate hikes. It will be a real tear-jerker, but it won’...
As expected, the FOMC passed up another opportunity to raise their Fed Funds Rate this week. With 2016 being an election year, and late September just a few weeks from the November election, how anyone could believe the Yellen Fed would...
There was some excitement on Tuesday. The Dow Jones was down 1.41% and the NYSE saw a day of extreme breadth (more on that below). But the Dow Jones recovered from its early week losses, and ended the week higher than last Friday’s close...
After two months the stock market finally saw a little excitement on Friday; the Dow Jones Index almost broke below 18,000 at the close. Two “policy makers” said FOMC “policy” isn’t market driven; that they may actually increase their Fed...
Looking at market history via the Bear’s Eye View (BEV) plot provides a unique insight into the past. When plotted in dollars, monetary inflation makes nonsense of market data spanning decades. A BEV view of the market, where each new...
For the past two months, excitement in the stock market has been hard to come by. On August 15th the Dow Jones saw its last all-time high, and it made seven new all-time highs in a row in mid-July. But these new highs only nudged the Dow...
