$XAU $XAG $GLD $SLV $DJIA $USD The week closed with the Dow Jones down almost 2% from its last all-time high. Realize the bulls are only happy when the object of their affection is making new all-time highs, something the DJIA failed to do this week. So with the Dow Jones down 1.89% from its […]
$XAU $GLD By Mark J. Lundeen The Dow Jones is hugging its BEV Zero (0.00%) line in its BEV chart below, making a new all-time high on Wednesday, then closing the week a half point from this mid-week high. I expect more of the same for as far as the eye can see. And how […]
$BAC, $MS Growth optimism is spreading so fast that the percentage of money managers in a Bank of America survey expecting the global economy to improve over the next 12 months just had the biggest 2-month jump on record. As a result, bets on faster economic growth are suddenly all the rage in the equity […]
$DIA, $XAU, $XAG At week’s end we find the Dow Jones with a bearish, picture-perfect head and shoulders technical formation. The left shoulder goes back to last April, the head in early July and the right shoulder at the close of the week. So, is the market a sell as September 2019 comes to a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX When stock markets declined in August, 1 group of investors showed unshakable confidence, Company insiders. So much that the buy-to-sell ratio of corporate executives in Europe reached its highest mark since December, according to data compiled by 2iQ Research. Such spike in the ratio, 3.3 in August is usually seen […]
$SPY, $XAU, $BAC, $JPL, $USB All US financial markets are closed Monday, in observance of Labor Day. It may have taken $204-B of equity outflows this year, but the BofAML Bull & Bear Indicator is finally flagging a contrarian “buy signal,” its 1st since 3 January. Bank of America Merrill Lynch (NYSE:BAC) is Bullish on […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Recession Special Report Bank of America’s (NYSE:BAC) CEO has just 1 reason why he does not see a recession looming. Mr. Moynihan says the “US consumer continues to spend and that will keep the US economy in good shape.” “But what is going to make that happen is the underling […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH and Saying it Again: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, The market has become susceptible to every China headline, nothing new. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump targeted Fed policy as the reason for this recent market turmoil. In raising interest rates 4X last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs, President Trump tweeted. “Too bad, so much to gain on […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, . The market has become susceptible to every China headline, nothing new. […]
$SPY, $SPX Hedge-fund billionaire Ray Dalio advised savvy investors to bet on “both horses in the race” amid rising trade tensions between the US and China. He argued that investors still have a historic opportunity to buy into China as it opens up its markets to foreign investments. “Would you have not wanted to invest with […]
Tasmanian Tiger New genetic analysis suggests this species had been on the decline for millennia before humans arrived to drive them to extinction. The Tasmanian tiger, also known as the thylacine, was unique. … Sadly it was hunted to extinction in the wild, and the last known Tasmanian tiger died in captivity in 1936. Mexican Grizzly Bear Because the bears hunted the […]
With Bitcoin back above $5,000, there are signs to suggest that the Bear market might be coming to an end. This has surprised quite a few who expected it to drag on a little while longer. I was one of them. Of course, this may still happen, but there are signs that we are beginning […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FlASH: Our works shows that this Bull market is still intact Over the past 10 years long haul investors have been handsomely. The Big Q: Is there more? The S&P 500, the U.S. market’s benchmark index, has gained about 310% since bottoming out at 676.53 points in 9 March 2009 […]
$AAPL FLASH: Apple gambling on new products to ‘Blow fans away” Apple’s (NASDAQ:AAPL) CEO Tim Cook said he has ‘never been more optimistic’ about where the company is today and where it’s heading. In a pep talk to investors. CEO Cook said the iPhone maker is “planting seeds” and “rolling the dice” on future products […]
By Mark J. Lundeen $GLD, $SLV, $USD The Dow Jones in its BEV chart below is charging up the hill with eyes fixed on making new all-time highs. In the past week it has advanced 2.9% BEV points, leaving only 3.52% BEV points to go before it once again makes stock market history. Another couple […]
$SPY, $QQQ, $RUTX, $VXX FLASH: Investor get excited by higher prices for financial assets. If prices of stocks 2X, it is likely that investors will want them more, and the more they go up, the more investors tend to want them, this is known as “fear or missing out,” or FOMO. So, that is why […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: San Francisco Fed President Mary Daly said Friday afternoon that the central bank is debating whether QE (quantitative easing) should be reserved for emergencies or used more readily. Market turned; S&P 500 NAS Comp and RUTX finished in the Green, DJIA off a bit. The S&P 500 utilities sector […]
2019 Will Bring Volatility, But No Recession, UBS Said in its year end report The year will bring increased volatility but no recession, UBS predicts in its “2019 Year Ahead” outlook report. Because of that, investors should stay invested and look for opportunities that the uncertain market will provide, the financial firm advised. On balance, […]
$DJIA, $SPY, $QQQ, $RUTX, $XRT, $AMZN, $VXX The S&P 500 rallied 5.0% Wednesday from extremely oversold conditions Rebounding Crude Oil prices, strong holiday sales, and some short covering drover the S&P 500 to its best 1-day gainer since March 2009. The Dow Jones Industrial Average gained 5.0%, the NAS Comp gained 5.8%, and the Russell 2000 […]
$SPY, $WFC, $CS Wells Fargo (NYSE:WFC) cut estimates for stocks next year on concern the Fed is making policy mistakes that will dampen US economic growth. Chris Harvey, head of equity strategy at the bank, cut his year-end target for the S&P 500 Index to 2,665 from 3,079. While the new forecast represents a 10% […]
Volatile Markets are Opportunities for Savvy Participants $DIA, $SPY, $QQQ, $RUTX, $VXX Some investors get scared when the stock market falls, but there is always the other side of that action. When selling happens, stocks are on sale. The recent Southside action can provide opportunities that investors have not seen for a while. The Key […]
Equities Finished Lower on Weaker Energy and FAANGs $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX The S&P 500 fell 3.8% on this Holiday-shortened trading week, erasing its gain for the year. The DJIA lost 4.4%, the NAS Comp lost 4.3%, and the Russell 2000 lost 2.6%. The S&P 500 lost 0.7% Friday on low-volume. Friday’s session […]
Diving Crude Oil Prices Will Dampen Inflation $USO, $OIL, $UGA Crude Oil prices dove 7% Tuesday, and we can expect a reaction from OPEC when they meet on 6 December Shayne and I see more Southside risk for Crude Oil prices, at least until the OPEC meeting where fundamentals supply/demand issues will be on Top of […]
Looking for a Major Bottom in Gold $GLD, $USD Shayne and I do not believe that the weakness in Gold and gold mining stocks is over, the outlook is that another Southside leg getting underway. Should that happen, we are positioned to profit from it. Long-term investors, traders, and speculators should be aware of the […]
SEC Hammers Musk, Market Hammers Tesla (NASDAQ:TSLA) Shares $TSLA Tesla (NASDAQ:TSLA) COB/CEO Elon Musk, 47 anni, could have settled with US regulators who have sued to remove him from the niche EV maker’s leadership. Instead, he says he will fight the securities fraud lawsuit against him in court Friday, as shares dove 13.9% deep Bear […]
Tesla’s (NASDAQ:TSLA) CEO Musk’s Tweets, Stock Takes Another Hit $TSLA Elon Musk, Tesla’s CEO, Tweeted that he is removing 2 of the 7 regular/standardcolors currently available for Tesla’s EVs Tuesday, the financial media reported that the colors, obsidian black and metallic silver, would still be available for potential buyers, but at a higher price than the […]
Crypto Bear Market Hammers Bitcoin Cash $BCHUSD This year’s Bear market in cryptocurrencies has really punished investors who bought Bitcoin (BTC) at the height of cryptomania last year. But, losses have been even more painful for those who invested in promising rival BCH. Bitcoin Cash (BCH), an offshoot of Bitcoin that launched on 1 August […]
Keeping Records? This is the Longest Bull Market in Stocks on Record $DIA, $SPY, $QQQ, $RUTX Are you 1 of us who keeps good records? Well thank take some time Wednesday and look up some old 401(k) or mutual fund statements, then check your balance on 9 March 2009. The difference from then and now […]
Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year $BTCUSD TechCrunch has learned through a company fund raising overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2-B in Q-1 of Y 2018. Despite a slump in bitcoin prices since the beginning of the year, the company is on track […]
Deep Insight: DJIA Vs Gold $DIA, $GLD, $SLV Gold and Dow Jones’ Step Sum Symmetry The Dow Jones Industrial Average (DIA) has broken above its BEV -5% line in the Bear’s Eye View chart below, closing the week only 4.38% from making a new BEV Zero, (new all-time high). T Be bulls deserve a big Bravo […]
President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]
US Stocks in Consolidation Mode, Not in Bear Market $DIA, $SPY, $QQQ, $VXX Thursday, US stocks bounced, as expectations that lower US taxes will drive corporate earnings added to fading worries about a US military conflict with Russia in Syria. We are seeing some early optimism ahead of earnings season’s kick-off Friday, and there no […]
Bitcoin: ‘Death Cross’ Marked, is it a Bear Trap? $BTCUSD The price of Bitcoin is back below $7,000 and trading at its lowest price since 7 February. According to CoinDesk’s Bitcoin Price Index, the world’s largest cryptocurrency is changing hands at $6,700, a move that follows its steady decline from around $8,000 since the start of the […]
People are asking: “Has this market topped.” $DIA, $GLD, $SLV Since February 8th when the Dow Jones broke below its -10% BEV line in the chart below, it’s been building a pennant formation. I don’t know how significant it will be when the BEV plot breaks above or below the pennant, as technical analysis in today’s […]
USD & Gold: The Bulls Vs The Bears $USD, $EUR, $GLD The notion of repeated cycles is timeless, it is how the ancient people perceived time: not as linear sequence of events, but as replaying patterns of Dark and Golden Ages. Those of us that Chart the Market view it as struggle between The Bulls and The […]
Monetary Policy is the Engine-of-Inflation $DIA, $GLD, $SLV Just 2 Friday’s ago, on January 26th The Dow Jones Industrial Average (DJIA) made its latest BEV Zero, new all-time high. Then 9 trading days later on Thursday February 8th it broke below its BEV -10% line in a dramatic fashion. The BEV plot seen below begins at […]
Technically the Stock Market’s Volatility Looks Short Term $DIA, $SPY, $QQQ, $VXX US equities reclaimed some losses for the week Friday in another volatile trading session. The S&P 500 gained 1.5% The DJIA gained 1.4% The NAS Comp gained 1.4% The Russell 2000 gained 1.0%. The S&P 500 covered a wide range of about 105 […]
DJIA Pullback Linked to Bond Market Not DC Disclosures $DJIA Last week’s US stock market pullback related to movements in the bond market, and not to the release of a GOP House Intel memo that accuses FBI and DOJ investigators of anti-Trump bias, that has indicated President Trump in the Russia probe. President Trump’s position […]
Bear Market Volatility, 200 Day Count in this Bull Market $DIA, $VXX, $GLD Anything I say this week may appear foolish this Friday. Unless something big happens, this is my last article for 2017. I plan to submit my next for the weekend of January 13-14. I do not expect my readers will be missing […]
On Staying Calm, Some Things to Do to Manage Stress The ability to manage your emotions and remain calm under pressure has a direct link to your performance. TalentSmart has conducted research with more than a million people, and we’ve found that 90% of top performers are skilled at managing their emotions in times of stress […]
The $64-T Question, How Long Can This Bull Market Run $DIA, $GLD, $SLV, $VXX This week the DJIA a made a new all-time high, the 68th of the year, and in this Trump Rally there is no indication of a market correction to be seen on the horizon in the Dow Jones’ BEV chart below. The Dow […]
The Market Update for September $DIA, $SPY, $QQQ, $GLD, $SLV The Dow Jones (NYSEArca:DIA) made 7 new BEV Zeros (new all-time highs) in the past 3 weeks; it cannot make a decent correction if it continues doing that. And that’s one thing this market needs to do – make a decent correction. The Dow Jones […]
No Bear Market or Recession Seen Until at Least 2019 $DIA, $SPY, $QQQ, $VXX Savvy investors are being urges to ignore any pundits’ Doom-and-Gloom predictions, as the indicators say, “clear sailing for the next year or so”. “My belief is that we’re not going to see a bear market or a recession until at least […]
A Study in Bear Markets Years 1900 to 2017 $DIA, $SPY, $QQQ, $GLD, $SLV Last week was not all Wine & Roses, this week is better Last Monday closed with the DJIA at a new all-time high, but it was downhill for the rest of the week. And the week the NYSE began producing more […]
Assuming I’m right how much higher can this market go? $DIA, $GLD, $SLV Another Quarter in 2017 has come and gone, and, I have to say that June was for the most part pretty quiet compared to what the stock market saw earlier in the year. In June we saw 7 new BEV Zeros (new […]
A Falling Stock Market, A Easing USD: That Brings Us Back to Gold $GLD, $SLV, $ABX, $GG, $EXCFF, $WPM As the USD falls from the Fed’s continuation of loose money policies, it will lift up Gold prices to unprecedented highs. Plus, recessions are a great environment for Gold During the last 2 recessions, Gold prices […]
Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last week ended with a new all-time high for the DJIA. Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary. Still, I have to be honest […]
US Stock Market Update + Gold & Silver $DIA, $GLD, $SLV, $OIL As expected, the DJIA saw 2 new all-time highs last week on Thursday and Friday. The Big Q: How much higher can the stock market go? The Big A: On a point basis I really don’t know, could be enough to surprise me. […]
Bear’s Eye View of the Stock and Gold Markets $DIA, $SPY, $QQQ, $GLD, $SLV Last Wednesday a week, saw a bit of Southside action in the US stock market. The DJIA closed 1.78% (373 points) below Tuesday’s close. That has all been erased and S&P 500 and NAS Comp are in record territory again. People […]
Central Banks are Monetizing Stocks and Bonds $DIA, $SPY, $QQQ, $GLD, $SLV Following this market is an exercise in frustration. Last week, DJIA (DOW) appeared ready to roll over. I expected the Dow to be closer to its -5% line than its -2.5% line at the close of this week. But, as you can see […]
Economic Electrical Power (EP) Consumption… US Historical Review: 1929-2017 $DIA, $SPY, $GLD, $SLV Last Friday promised some excitement for this week; what with the much anticipated interest rate increase by the FOMC and the Federal Government hitting its debt ceiling on Wednesday the 15th. Friday evening, it was all much to do about nothing, with […]
Bear-Market Interruptus, But I Do Not Know When $DIA, $SPY, $QQQ, $GLD, $SLV Well, they finally did it! Last week the bulls took the DJJIA up to, and then closed above its 20K line Wednesday, Thursday and Friday. Bravo Zulu to our horned brethren in the market. But we shouldn’t be shocked at seeing the […]
I Still Do Not Like the US Stock Market $DIA, $GLD, $SLV Since the November election, the stock market has become an amazing thing. How amazing? The election was 26 trading days ago. The DJIA closed at new all-time highs on sixteen of them, with the last Tuesday of this week. The launching of the […]
Gold Miners, the Clam before the Calm before the Storm. $GLD, $SLV, $NUGT, $DB The sooner the US Presidential election is over the better for all of us as the uncertainty will have been removed and we can get back to business as usual. Whatever the result both candidates are big spenders and so we […]
Whomever it is, the Next US President Faced Recession & a Bear Market $DIA, $SPY, $QQQ, $VXX For investors, it does not matter who wins the the US Presidential race, a recession looms and Bear Market in stocks is therefore a certainty. Today we are in the 2nd longest Bull Market in history, as we […]
This Fed Policy Stuff is Way Past its Expiration Date $GLD, $SLV, $NUGT, $GDXJ, $GGGG As expected, the FOMC passed up another opportunity to raise their Fed Funds Rate this week. With 2016 being an election year, and late September just a few weeks from the November election, how anyone could believe the Yellen Fed would […]
Muni Bond Yields & Barron’s Confidence Index $DIA, $GLD, $SLV Finally, after two months the stock market saw a little excitement last Friday; the Dow Jones Industrial Average (DJIA) almost broke below 18,000 at the close. Two “policy makers” said FOMC “policy” isn’t market driven; that they may actually increase their Fed Funds Rate: twice […]
Mr Bear & Dow Jones Dividends, Not for the Faint of Heart $DIA, $SPY, $QQQ, $VXX Looking at market history via the Bear’s Eye View (BEV) plot provides a unique insight into the past. When plotted in dollars; monetary inflation makes nonsense of market data spanning decades. A BEV view of the market, where each new […]
US Stock Market Update for Early August $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV, $XAU The last all-time high for the DJIA (BEV Zero in the chart below) was a few weeks ago on July 20th. As per the table on the chart, the Dow Jones ended the week not far from making another. It could […]
Barron’s Gold Mining Index (BGMI): A 96 Year Study $GLD, $SLV What does “real money” mean to you? To many of my readers, I suspect real money would be gold and silver coinage backing the paper money in circulation. But to politicians and economists, it means something completely different: “A billion here, a billion there, and […]
Market Update: Brexit + One Week What a week for the DJIA, last Monday it closed almost 6.5% from its last all-time high. By Friday the Dow Jones Industrial Average recouped almost all of its losses taken after the Brexit vote over a week ago. Of course trading volume for the Dow Jones increased, as […]
Saudi Arabia and Iran’s Crude Oil Price War $OIL The price of Crude Oil has stabilized around the Key level of 50 bbl, which is the OPEC target for the end of Y 2016. Disruptions of production in several countries, including Libya, Nigeria and Venezuela, and the anticipated higher Summer demand in the United States […]
I am a Gold & Silver Bull and a Growling Stock Bear $GLD, $SLV, $NUGT, $DIA, $SPY Nothing much happened in the stock market last week. The DJIA stayed close to its BEV -2.5% line for the past six days. Though there were a couple of days that saw the venerable index declined into the […]
Gold and Silver in a Stock Market Correction $DIA, $GLD, $SLV When I last published this Bear’s Eye View of the DJIA a few weeks ago it appeared the US benchmark index would be making a new all-time high sometime in early May. On April 20th it was only 1.18% from last May’s BEV Zero, […]
Looking at Equity Markets for Economic Signals is a “Mistake” $DIA, $SPY, $QQQ, $VXX Volatility in stocks and bonds was part of the FOMC’s consideration for slowing interest rate increases in February. Now a Fed economist attached to the central bank’s Dallas branch says that “relying on the equity market for economic signals is a […]
