Category: Daily update

Dow Theory Update for February 23: Secondary (bullish) reaction against primary bear market signaled on February 22

posted on: February 23, 2016

Trends for precious metals unchanged US STOCKS The Transports has been rallying for 23 trading days since its Jan 20 closing lows. The INDU and SP500 have been rallying for 7 trading days and 11 calendar days. Hence, 3 indices have rallied more than 10 calendar days (it suffices just two). And the average […]

Dow Theory Update for February 18: Gold and Silver set up for primary bull market signal on February 16th

posted on: February 18, 2016

No secondary reaction for stocks yet US STOCKS The primary and secondary trend is bearish, as explained here: http://www.dowtheoryinvestment.com/2015/12/dow-theory-update-for-december-14.html Here is an additional post concerning the likely decline to follow primary bear markets signals: http://www.dowtheoryinvestment.com/2015/12/dow-theory-special-issue-additional.html On February 11, 2016 the Industrials and SPY violated their January 20 closing lows. The subsequent rally has not hitherto […]

Dow Theory Update for February 12: Silver and Gold miners ETFs under secondary (bullish) reaction against primary bear market

posted on: February 12, 2016

No secondary (bullish) reaction for stocks against primary bear market yet US STOCKS The primary and secondary trend is bearish, as explained here: http://www.dowtheoryinvestment.com/2015/12/dow-theory-update-for-december-14.html Here is an additional post concerning the likely decline to follow primary bear markets signals: http://www.dowtheoryinvestment.com/2015/12/dow-theory-special-issue-additional.html On February 11, 2016 the Industrials and SPY violated their January 20 closing lows. So […]

Dow Theory Update for January 26: Secondary (bullish) reaction for Gold and Silver against primary bear market signaled today

posted on: January 26, 2016

US STOCKS The primary and secondary trend is bearish, as explained here: http://www.dowtheoryinvestment.com/2015/12/dow-theory-update-for-december-14.html Here is an additional post concerning the likely decline to follow primary bear markets signals: http://www.dowtheoryinvestment.com/2015/12/dow-theory-special-issue-additional.html No secondary reaction has developed yet, albeit it could happen any moment now as explained here. GOLD AND SILVER The primary trend is bearish as explained […]

Dow Theory Update for January 25: Will a secondary (bullish) reaction against the primary bear market materialize soon?

posted on: January 25, 2016

Trends unchanged US STOCKS For roughly 2 ½ months stocks have been declining. Dave Moening of “StateoftheMarkets.com”, whom I hold in high regard, has recently penned that investor’s sentiment is very bearish, and hence, a rally is to be expected. He writes that the odds now favor that one month from now stocks will […]

Dow Theory Update for January 20: Primary trend for gold and silver miners finally turns bearish

posted on: January 20, 2016

US Stocks break below the August 25th, 2015 closing lows US STOCKS The primary and secondary trend is bearish, as explained here: http://www.dowtheoryinvestment.com/2015/12/dow-theory-update-for-december-14.html Here is an additional post concerning the likely decline to follow primary bear markets signals: http://www.dowtheoryinvestment.com/2015/12/dow-theory-special-issue-additional.html The SPY has declined a further ca. –8.04%following the primary bear market signal of December 11, […]

Dow Theory Review for 2015

posted on: January 14, 2016

US Stocks Let’s briefly recap how our Dow Theory analysis fared in 2015. Did we do a good job at determining the primary trend of the markets? 2014, as explained here, was a good year for those applying the Dow Theory to stocks, gold, silver and their miners. 2015 has been a good year too […]

Dow Theory Update for January 8: How long will it take for the next primary bull market signal to be flashed?

posted on: January 8, 2016

Trends unchanged Yesterday, January 7th, the US stock market made lower confirmed lows. As I have explained in the last two posts (here and here), the primary bear market is in full gear and no secondary (bullish) reaction against the primary bear market has occurred yet. In a past post, I explained that following a […]

Dow Theory Update for January 6: US Stocks remain under bear market spell

posted on: January 6, 2016

Joshua Brown, of the Reformed Broker, sees global bear market Trends have not changed since my last post of December 24th. Market action, though, seems to confirm the picture I have been depicting during December: Be cautious with US stocks, and, after all, gold and silver miners might not be so weak after all. I […]

Dow Theory Update for December 24: Trends unchanged.

posted on: December 24, 2015

Unless there are major changes in the markets, I will post sparingly in the next few days. I wish the followers of this Dow Theory blog a merry Christmas. US STOCKS The primary and secondary trend is bearish, as explained here: http://www.dowtheoryinvestment.com/2015/12/dow-theory-update-for-december-14.html Here is an additional post concerning the likely decline to follow primary bear […]

Dow Theory Update for December 14: Primary bear market signaled for US Stocks last Friday 11

posted on: December 14, 2015

Precious metals trends unchanged. US STOCKS I am writing at the open of December 14. I refer to the price action seen last Friday 11 at the close. My Dow Theory Update of last December 9thwarned that US Stocks were flirting with a primary bear market signal. I pointed out that the Transports had made […]

Dow Theory Update for December 9: US Stocks flirting with primary bear market signal

posted on: December 9, 2015

Trends remain unchanged US STOCKS The primary trend is bullish as explained here and here The secondary trend is bearish (secondary bearish reaction against the primary bullish trend) as explained here: On Nov 19, the Transports rallied more than 3% from the secondary reaction closing lows and hence the setup for a primary bear market […]