Mark J Lundeen
As in early March, this week the Dow Jones closed below its BEV -10% line. Could this become a bad habit for the stock market, and what comes from there? Keep your eyes on the Dow Jones’ BEV -5% & BEV -15% lines. Whichever is first...
I haven’t covered the Bear’s Eye View (BEV) charting technique for a while. As I’m sure I have new readers, this is a good time for a little technical talk on how Mr Bear looks at the markets. And the various market insights the BEV...
This week the Dow Jones seems to have figured out what its path of least resistance was; Down, if only by about 2% from last week’s close. I don’t know if the Dow Jones will see things the same again next week. Maybe next week will be...
This week, the Dow Jones closed between its last all-time high of last January 4th, and its double-digit BEV lows of last month. In other words, nothing much has changed in the stock market since last week. But, as a zero-heart beat EKG in...
Looking at the Dow Jones’ BEV chart below, this week the Dow Jones closed in between its last all-time high of last January, and its lows of early March. Just looking at the chart, the Dow Jones could go either way; to new BEV Zeros or...
The Dow Jones closed this week almost where it did last, down about $45, or 0.12 BEV points. Last week I thought the Dow Jones was thinking it over; what its next big move was going to be; to the up or downside, to new all-time highs, or a...
The Dow Jones has improved its position in its Bear’s Eye View (BEV) chart below. Last time I published this chart, two weeks ago, the Dow Jones was a tad below its BEV -10% line. This week it closed at a BEV of -5.68%, making up about...
If I were to speak of the sum total of the market’s action so for 2022, what would I say? Maybe something from Bob Dylan; something like “A Hard Rain’s a Gonna Fall.” Forget about financial assets being historically overvalued. They...
The Dow Jones in its Bear’s Eye View Chart below, is trending down to its BEV -10% line, closing the week at a BEV of -8.65. However, on Tuesday’s close the Dow Jones found itself with a BEV of -9.52%, only 0.49% from breaking below its...
This week, the Dow Jones closed just a tad below where it closed last week / BEV -7.45% compared to BEV -7.39%. However on Wednesday, it almost closed in double-digits; BEV -9.97%. That, and all this (past) week looking at the pre-market...
