Category: Daily update

Dow Theory Update for January 23: Stocks set up yesterday for primary bear market signal.

posted on: January 23, 2015

More on gold and silver this weekend US STOCKS If you want to know how did we fare in 2014 by following the Dow Theory, you may read our yesterday’s post, which you can find here. The SPY, Industrials and Transports closed down. Yesterday, the SPY and the Transports managed to rally more than three […]

Dow Theory Update for January 16: Primary bull market for gold and silver signaled today

posted on: January 16, 2015

Stocks undergo secondary reaction. US stocks The Industrials, Transports and SPY closed up. Yesterday, January 15, stocks closed down, and fulfilled the time requirement for a secondary reaction. Thus, the Industrials, Transports and SPY have declined by more than 3%, and such a decline has lasted (calculated as the average of the three indices) more […]

Dow Theory Update for January 13: Gold and silver failed by a hair to signal a primary bull market

posted on: January 13, 2015

Thus, the primary trend remains bearish US stocks The Industrials, Transports and SPY closed down. The primary trend remains bullish, as explained here and here. The secondary trend is bullish. No secondary reaction yet. Gold and Silver SLV closed strongly up, and GLD closed down. SLV failed by a hair to better the secondary reaction […]

Dow Theory Update for December 12: Primary bull market for SIL and GDX signaled today

posted on: January 12, 2015

Gold and Silver close to signaling primary bull market (but not there yet or never) US stocks The Industrials, Transports and SPY closed down. The primary trend remains bullish, as explained here and here. The secondary trend is bullish. No secondary reaction yet. Gold and Silver SLV and GLD closed up. GLD made a higher […]

Dow Theory Update for January 8: In spite of increased volatility, trends remain unchanged

posted on: January 8, 2015

In spite of Russell’s bullishness for gold, no primary bull market signal has been signaled. I am writing before the close, so there could be small changes concerning the “close”. I owe the followers of this Dow Theory blog two articles. The first one, is the last chapter of the brainstorming made by Schannep and […]

Dow Theory Update for December 29: Primary bull market for US Stocks reconfirmed

posted on: December 29, 2014

Precious metals (and their miners) trends unchanged Very brief update, as time is in ultra short supply. US STOCKS I see on the charts that the Industrials, Transports and SPY have bettered their last recorded primary bull market closing highs. This means that the primary bull market has been unambiguously confirmed and that we can […]

Dow Theory Update for December 24: Primary and secondary trends unchanged

posted on: December 24, 2014

Merry Christmas! US stocks The Industrials, Transports and SPY closed up. The Industrials are well above the last recorded primary bull market highs, whereas the SPY and Transports have not confirmed and remain below such highs. The primary trend remains bullish, as explained here. The secondary trend is bearish, as there is an ongoing secondary […]

Dow Theory Update: Setup for primary bear market in stocks completed today

posted on: December 18, 2014

The primary trend remains bullish, though. US stocks The Industrials, Transports and SPY closed up. The SPY and Industrials have risen more than 3% from the secondary reaction lows. Since the rally from the lows took 2 days (one day would not be enough as per Schannep’s rules), US stocks set up for a primary […]

Dow Theory Update for December 17: Setup for primary bull market signal in SLV and GLD completed

posted on: December 17, 2014

Trends remain unchanged. US stocks The Industrials, Transports and SPY closed up. The primary trend remains bullish, as explained here. The secondary trend is bearish, as there is an ongoing secondary reaction, as explained here. Gold and Silver SLV closed up, and GLD closed down. The primary bear market was reconfirmed on October 3rd […]

Dow Theory Update for December 16: Secondary (bearish) reaction of stocks signaled yesterday

posted on: December 16, 2014

No changes on the precious metals arena. US Stocks Yesterday, December 15th, 2014, the INDUSTRIALS and the SPY closed down. The Transports closed barely up. All three indices have declined by more than 3%, and hence the extent requirement for a secondary reaction has been met. More exactly, all three indices have declined 4% or […]

Dow Theory Update for December 11: Secondary (bullish) reaction against primary bear market in Gold and Silver

posted on: December 11, 2014

Trends for SIL, GDX and US Stocks unchanged US Stocks The SPY, the Transports and the Industrials closed up. The primary trend remains bullish, as explained here. The secondary trend is bullish and it is too early to signal a secondary (bearish) reaction against the primary bull market. Gold and Silver SLV and GLD […]

Dow Theory Update for December 4: Why buy and hold is dead

posted on: December 4, 2014

Trends for precious metals and US stocks remain unchanged. Zero Hedge reports that the average lifespan of US corporations in the S&P 500 has never been shorter. Now is down to a dismal 15 years: http://www.zerohedge.com/news/2014-12-04/here-reason-why-average-lifespan-us-corporations-has-never-been-shorter Do you still believe that buy and hold for individual stocks works? This is why even when dealing with […]