Category: Daily update

Dow Theory Special Issue: Hamilton’s insight that the Dow Theory may be applied to many markets seems to be right (III)

posted on: January 10, 2020

Composite results of taking both long and shorts and introducing a Dow Theory based secular trend filter In the previous two posts of this “Hamilton” saga (hereand here) I analyzed what would have happened if I had taken either longs or shorts as per the primary bull and bear market signals given by the Dow […]

Dow Theory Update for January 6: Gold and silver under a secondary reaction against the primary bear market

posted on: January 6, 2020

US stocks indices remain solidly bullish After the Christmas break, here I am back again. I am writing before the close so things might change. Readers beware. US STOCKS Under Schannep’s Dow Theory The primary and secondary trend turned bullish on October 25th, 2019, as was explained here and here. The Industrials and the S&P […]

Dow Theory Update for December 17: Recap for 2019

posted on: December 17, 2019

Primary Trends unchanged It has been almost one month without updating about the trends for US stocks, precious metals, etc. My silence was due to the lack of change of trends, and to my having written several posts deepening vital concepts of the Dow Theory; one on capitulation whose saga I hope to complete by […]

Dow Theory Update for November 20: Why aren’t out there any Dow Theory based hedge funds?

posted on: November 20, 2019

I don’t like stock’s action as per the “Classical Dow Theory” Breakout systems, moving averages and the Dow Theory: Hamilton wrote that the Dow Theory could also be applied to any asset traded in an organized (and free) market. This is why when I started this blog some 7 years ago, I decided to appraise […]

Dow Theory Update for November 9: Primary bear market for gold and silver signaled on November 8th, 2019

posted on: November 9, 2019

Likely secondary reaction in US treasuries This is going to be a long post. It took time and dedication to write it, and to fully apprehend its implications (especially for precious metals and interest rates), one should take also time to read it. No pain, no gain. US STOCKS The primary and secondary trend […]

Dow Theory Update for October 31: Dissecting the new primary bull market signal for US stocks

posted on: October 31, 2019

Setup for primary bear market completed for precious metals and their ETF miners US STOCKS The primary and secondary trend turned bullish on October 25th, 2019, as was explained here Stocks were under a primary bear market (more about it here). Such a primary bear market did not have long legs and no sooner had […]

Dow Theory Update for October 28: Primary bull market for US stocks signaled on October 25th, 2019

posted on: October 28, 2019

Maybe, and I say, maybe, precious metals and their stock miners ETFs have set up for a primary bear market signal Sorry, but, as usual, time in very short supply. If I can, I’ll try to pen an in-depth post in the coming days. For now, please be advised that on Thursday 24th, 2019 the […]

Dow Theory Update for October 23:Indecision for US stocks

posted on: October 23, 2019

Precious metal under full-fledged secondary reaction against primary bull market US STOCKS A primary bear market for US stocks was signaled on August 14th, 2019 as explained here. A secondary reaction against the primary bear market was signaled on August 30, as explained here. The setup for a primary bull market (rally after the secondary […]

Dow Theory Update for October 11: Gauging the current situation with precious metals

posted on: October 11, 2019

Trends unchanged for US stocks Today is a post that took a good deal of analysis and time to write. Take your time to fully digest it. US STOCKS A primary bear market for US stocks was signaled on August 14th, 2019 as explained here. A secondary reaction against the primary bear market was […]

Dow Theory Update for September 25: Setup for primary bull market signal completed for US stocks on 09/19/2019

posted on: September 25, 2019

Primary and secondary trends for precious metals unchanged A primary bear market for US stocks was signaled on August 14th, 2019 as explained here. A secondary reaction against the primary bear market was signaled on August 30, as explained here. On 09/19/2019 the Transports declined more than 3% from their secondary reaction closing highs. On […]

Dow Theory Update for September 16: US Stocks close to signaling primary bull market

posted on: September 16, 2019

Trends for precious metals unchanged First of all, I apologize for not having written since August 30. I still owe two posts: One concerning the analysis of the last primary bull market signal, and one concerning the next issue of the capitulation saga. Time has been in extremely short supply in the last few weeks. […]

Dow Theory Update for August 30:Secondary reaction for US stocks signaled today

posted on: August 30, 2019

Trends for Gold, silver and their ETFs miners unchanged US STOCKS A primary bear market for US stocks was signaled on August 14th, 2019 as explained here. The Industrials and S&P 500 stopped their decline on that very day. The Transports further declined until 08/27/2019. From these dates all indeces have rallied making higher highs […]