Category: Daily update

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 […]

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 […]