Mark J Lundeen
The Dow Jones saw some excitement this week, or did it? Can you see this week's movement in the BEV chart below? I can't. During 2011 & 12, I waited for the Dow Jones to get above its BEV-10 line; and stay there. It was like watching...
No matter who wins next month's presidential election, the next few years should prove to be exciting for market watchers, and miserable for most everyone else. We've had the financial markets dominated by politicians and special-interest...
Let's look at the stock market first, with a chart of the Dow Jones' monster head and shoulders chart. I first posted this chart in the summer of 2011 with the Dow Jones's over 12,500. Soon after, the Dow began going down and bottomed at...
Below is the balance sheet for the Federal Reserve. Here we see the vast increase in the supply of US dollars flowing through the world's economy since 1953. This is the reason for bubbles and crashes in financial assets, and our current...
For what seems like a few months, I've been saying that there is no chance for the Dow Jones would ever close above 13000; okay I was wrong! But I wasn't wrong about what drives the stock market up and down; the "policy makers."
"7/27/2012...
Well the dog and pony show Wall Street calls "the stock market" ended up for the week. However, once again, it developed a bout of acrophobia just as it was a few points shy of 13,000 (or a BEV -8.22% in the blue plot below). It would only...
