Mark J Lundeen
One reference book most large libraries carry is "The Dow Jones Averages; 1885 to 2010", which contains Dow Jones' authorized history of the Dow Jones Averages. We all owe Dow Jones Inc. a debt of gratitude. Since 1885, Dow Jones has made...
Poor New York and New Jersey, there are people who had everything they owned taken away from them by Hurricane Sandy. I'm not happy with Wall Street, but to most people, there is something wonderful and unique about New York City, and yes...
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...