Category: Daily update

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 […]

Dow Theory Update for Nov 27: Gold and Silver miners ETF have not signaled primary bear market yet

posted on: November 27, 2015

New Dow Theory saga coming soon I hope to start writing very soon a new “saga” entitled “putting the Dow Theory under stress-test”. The posts that will follow will analyze the Dow Theory inside out in order to determine how it is likely to perform under the most challenging economic environments. Readers of this Dow […]

Dow Theory Update for November 20: US Stocks set up for primary bear market.

posted on: November 20, 2015

Gold and Silver miners ETFs still flirting with primary bear market signal 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: Yesterday (Nov 19), the Transports rallied more than 3% from the secondary reaction closing lows […]

Dow Theory Update for November 18: Precious metals miners ETFs averted primary bear market signal for another day

posted on: November 18, 2015

US Stocks have not rallied three percent yet. Very brief update. US STOCKS The primary and secondary trends are bullish as explained here and here The secondary trend is bearish (secondary bearish reaction against the primary bullish trend) as explained here: I wrote yesterday that at least one index had to rally by at least […]

Dow Theory Update for Nov 17: Primary bear market (or reconfirmation) for gold and silver signaled today

posted on: November 17, 2015

US Stocks under bearish secondary reaction My apologies for this post. It has been written in a hurry, and I would have liked to have more time to write a more structured one. However, there are changes in trends, and I feel it is important to provide information to the followers of this Dow Theory […]

Dow Theory Update for October 24: Is the current primary bull market signal for US stocks doomed to fail?

posted on: October 24, 2015

Trends for stocks, gold silver and their miners unchanged. I have not posted in the last few days for the following reasons: a) I was traveling so time was extremely scarce b) Trends have not changed. c) I am re-reading Schannep’s book for the 10thtime. I am in a period of introspection unearthing more jewels […]

Dow Theory Update for October 14: Primary bull market reluctantly signaled for gold and silver on October 12

posted on: October 14, 2015

However, I still don’t fully like the secondary reaction that defined the pivot point to be broken out for a primary bull market to be signaled US STOCKS The primary and secondary trend is bullish as explained here and here. http://www.dowtheoryinvestment.com/2015/10/dow-theory-update-for-october-9-primary.html http://www.dowtheoryinvestment.com/2015/10/dow-theory-update-for-october-8-primary.html GOLD AND SILVER On October 12, 2015 GLD finally deigned to confirm SLV, […]

Dow Theory Update for October 9: The primary bull market for US stocks signaled on Oct. 7 unambiguously confirmed

posted on: October 9, 2015

Trends in precious metals unchanged Yesterday, I acknowledged that a primary bull market had been signaled. However, I acknowledge it grudgingly, as the S&P 500 just exceeded its September 16th closing highs by a hair and the SPY was lagging behind. Based on that, I gave a list of technical reasons that might advocate for […]