Mark J Lundeen
Gold and silver markets showed serious disrespect to Fed Chair Janet Yellen while she was speaking on “monetary policy” Wednesday on CNBC. I couldn’t say exactly what happened, but I liked it.
How’s the bear market going? Haven’t you’ve heard? Nothing but blue skies and sunshine ahead as far as the eye can see. Hard to believe, yes, but I still can’t argue that the stock market hasn’t been performing better than it was in...
Mr Bear treated us to another day of extreme volatility on Tuesday. Although it was a positive day, that doesn’t really matter as the Dow Jones 200 count (the number of days the Dow Jones moves more than +/- 2% from a previous day’s close...
The bulls made some progress this past week. But they have a lot to prove before we can believe the bull market in stocks has resumed. Just look at all the BEV Zeros below (new all-time highs) from January 2013 to May 2015; that’s what...
How did the market perform this week? No extreme days of market breadth or volatility. That’s a positive. And the Dow Jones was off its lows of last week. However since January 12th it has yet to break above its BEV -10% line in the...
Friday was another day of extreme volatility (a day when the Dow Jones closes (+/-) 2% or more from a previous day’s closing price). However I suspect the “policy makers” ripped off Mr Bear this week. On Monday and on Thursday the Dow...
Gold and its step sum are looking pretty impressive. First a short step sum review from tail end of gold’s last bear market up through today. From January 1998 through 2001 I could have placed a bull box in the chart below.
This was the fourth week that saw days of extreme-market breadth and volatility; NYSE 70% A-D Days and Dow Jones 2% Days. Yes, this week they were positive days. They helped investors and CNBC commentators forget the trials and...
The Dow Jones Index managed to eke out an advance last week, but only by 105 points from the previous Friday’s close. The Dow Jones has been under tremendous selling pressure these past three weeks; the first three weeks of 2016. If the...
This week Mr Bear was on the job again, as seen in his report card below. At week’s close the 200 count is up to 12 and we see 3 Dow Jones 2% days in its eight day count. Since Charles Dow began publishing his stock average in 1885, you...
