Mark J Lundeen
In the three weeks since my last article, the Dow Jones has seen some drama, as evident in the BEV chart below by it making a move to break below its BEV -5% line, thus closing outside of scoring position (-0.01% to -4.99%). Actually, on...
For the benefit of my newer readers, I’m going to do a quick review of the Dow Jones in the Bear’s Eye View (BEV), by looking at the Dow Jones from 1885 to the close of this week in the Bear’s Eye View.
Two weeks ago, on the last trading day in March, the Dow Jones closed at a BEV Zero. In the following ten NYSE trading sessions, Mr Bear has almost knocked the Dow Jones out of scoring position, closing the week with a BEV of -4.58%.
Oh oh; the Dow Jones may have closed last week at a BEV Zero, but then broke below its BEV -3% level this week, closing the week with a BEV of -2.27%. Is the rally over? It may be, but until the Dow Jones actually breaks below its BEV -5...
For good or bad, this is a market that wants to go up. How could an advancing stock market be bad? If the money pouring into it is coming from the Federal Reserve, pumping monetary inflation into it – ultimately that will be bad when...
This week (Wednesday & Thursday) added two more Bear’s Eye View (BEV) Zeros (new all-time highs) to the Dow Jones’ BEV chart below, numbers 22 & 23 of the current advance, and closed the week deep into scoring position, with a BEV...
Once again, no BEV Zeros / New All-Time Highs this week for the Dow Jones, and there haven’t been for almost a month, since February 23rd. So, is the advance over? To answer that question, I’m going to look at the Dow Jones’ BEV chart...
We take heart in Gold’s having thus far traveled this year some 38% of the route from last year’s settle (2072) toward this year’s forecast high (2375).
This week the Dow Jones failed to see a new BEV Zero; five days without a new all-time high. But that happens frequently in any market advance, as in any market advance, the market in question isn’t going to see a continuous string of new...
This week saw no new BEV Zeros in the Dow Jones BEV chart below. So, the total quantity of new all-time highs for this advance (Red Circle) remains at 21. But for the Dow Jones to be taking a pause from making new all-time highs, is also...
