Mark J Lundeen

Mark J Lundeen Articles

Can you believe it? After a week where the Dow Jones saw four days of extreme market volatility (Dow Jones 2% days), and the NYSE saw two days of extreme market breadth (NYSE 70% A-D days), the Dow Jones closed UP 455 points from last week...
At last week’s close, with the Dow Jones’ BEV value at -1.89%, I said I’d remain long-term bullish as long as the Dow Jones stayed above its BEV -7.5% line, or even if it remained in single-digits BEV values.  As it turned out I could only...
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.
The California Gold Rush began on January 24, 1848 when gold was found by James W. Marshall at Sutter's Mill in Coloma.

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