Category: Daily update

Dow Theory Update for August 14: US stock indices set up for primary bear market signal

posted on: August 14, 2019

Trends for gold, silver and their ETF miners unchanged I am writing before the close, so things might change. Readers beware. US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market closing […]

Dow Theory Update for August 6: Trends unchanged; precious metals and US bonds continue making higher highs true to their primary trend.

posted on: August 6, 2019

Secondary reaction for US stocks continues I am writing before the close. So things might change. US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market closing lows. However, “capitulation” suggested the opening […]

Dow Theory Update for August 2: Secondary reaction for US stocks signaled today

posted on: August 2, 2019

Primary and secondary trend for gold, silver and their ETFs miners bullish This post has been amended on 08/06/2019. I thank Jack Schannep for spotting two mistakes I inadvertently made when determining the onset of the secondary reaction. First, The Industrials had been declining since 07/15 and not 07/23/2019, as I wrote. Secondly, I twisted […]

Dow Theory Update for July 18: Primary bull market reconfirmed for Gold, Silver and their ETF miners

posted on: July 18, 2019

Trends unchanged for US stock indices I have no time to blog. However, please be advised that yesterday SIL finally broke up above its last recorded primary bull market highs, and hence confirmed GDX which had done so some time ago. Since the primary trend was already bullish, the new confirmed breakout merely signals: a) […]

Dow Theory Update for July 8: Primary and secondary trend for US indices bullish

posted on: July 8, 2019

Primary trend for gold, silver and their ETF miners bullish. Secondary trend remains bearish US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market closing lows. However, “capitulation” suggested the opening of a […]

Dow Theory Update for June 19th: Gold breaks up above primary bull market highs unconfirmed by Silver

posted on: June 19, 2019

Same with GDX unconfirmed by SIL I am stranded in an airport due to very bad weather conditions in USA. Lighting, floods, flights cancelled, etc. Let’s try to get done a quick post. US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the […]

Dow Theory Update for June 14: No news since last week’s post

posted on: June 14, 2019

Primary and secondary Trends unchanged for both US stocks and precious metals and their ETF miners I will be travelling in the next few days, so I feel I won’t be able to post for at least one week. When I find time, I’d like to continue writing my “capitulation” saga. US STOCKS The primary […]

Dow Theory Update for June 6th: Setup for primary bear market completed in US stocks

posted on: June 6, 2019

Primary trend for US stocks remains bullish I am publishing on June 6th before the open, what I wrote after the close of June 5th US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 […]

Dow Theory Update for June 5th: Primary bear market setup completed for gold, silver and their miners’ EFT

posted on: June 5, 2019

I am writing on June 5th, 2019 before the close. So things might change by then. The charts shown have been produced at the close of June 4th, 2019 US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at […]

Dow Theory Update for May 31: Secondary reaction for stocks continues

posted on: May 31, 2019

No primary bear market has been signaled for precious metals US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market closing lows. However, “capitulation” suggested the opening of a partial commitment to stocks […]

Dow Theory Update for May 9: Secondary reaction for US stocks signaled today

posted on: May 9, 2019

Trends unchanged for gold, silver and their ETF miners I don’t have much time to blog. So I will cut to the chase. US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market […]

Dow Theory Update for May 8: S&P 500 made higher highs unconfirmed by the Transports and Industrials

posted on: May 8, 2019

Secondary reaction in precious metals and their miners continues US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market closing lows. The secondary trend is bullish too, as explained here. However, “capitulation” suggested […]