Mark J Lundeen
The post 23-March-2020 flash crash advance continues. During my Christmas vacation, the Dow Jones made three new BEV Zeros in the chart below, numbers #51, 52 & 53, with #53 on January 4th. But before the Dow Jones did all that, it...
Looking at the Dow Jones’ BEV chart below, specifically the cluster of BEV Zeros for the post March 2020 flash-crash advance; slowly but surely things are changing. It’s been over a month since our last BEV Zero (November 8th). That plus...
Last week, it looked as if the bubble in the stock market could have popped. On Wednesday (December 1st) the Dow Jones closed with a BEV of -6.62%, well outside of scoring position.
This week, the Dow Jones closed below scoring position, more than 5% from an all-time high three times; on Tuesday, Wednesday and again on Friday. This is something that has not happened in the past year; three daily closes outside of...
The Dow Jones closed down from last week, but not by much. Which is a bit amazing, as in the last nine NYSE trading sessions, the Dow Jones closed up for the day in only two, and down for seven of them. And after two weeks of that, the...
On Monday, the Dow Jones made its 50th BEV Zero in the Bear’s Eye View chart below for the past year. Then on Tuesday, the Dow Jones, along with the rest of the market began selling off, but remained well within scoring position. All this...
This week there was plenty to comment on in the stock market, such as the Dow Jones closing at a BEV Zero (new all-time high) for four of five days. Nothing wrong with that, as long as one keeps one’s market analysis at a superficial...
This week I’m taking a break from my usual format of market commentary. This market has become tedious, with week after week the same old stuff. So instead, this week I’m focusing on how Mr Bear sees the Dow Jones and the Barron’s Gold...
As expected, the Dow Jones closed this week at a new all-time high, a BEV Zero in its BEV Chart below. This is the 43rd since it began making new all-time highs last November 16th, and since then hasn’t closed outside of scoring position...
This week the Dow Jones rediscovered its primary purpose in life; to once again advance into market history, to inflate its valuation to something above its last all-time high of 35,625, seen last August 16th. It closed this week with a...
