Category: Daily update

Dow Theory Update for February 2: No primary bear market signaled yet, as the SPY refuses to confirm

posted on: February 2, 2015

Trends for gold, silver and their miners unchanged. US STOCKS The SPY, Industrials and Transports closed up. On Thursday, January 29, the Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). On Friday 30, the Transports did so. However, lack of confirmation as the SPY has refused […]

Dow Theory Update for January 29: Stocks have dodged the bullet…at least for now

posted on: January 29, 2015

Trends remain unchanged in spite of rising volatility. Last Friday January 23rd, stocks set up for a primary bear market signal, as explained here. The SPY, Industrials and Transports closed up. Yesterday, the Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). However, lack of confirmation (as […]

Dow Theory Update for January 28: Industrials violate secondary reaction lows unconfirmed

posted on: January 28, 2015

We are very near to a primary bear market signal for stocks Last Friday 23rd, stocks set up for a primary bear market signal, as explained here. The SPY, Industrials and Transports closed down. The Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). However, lack of […]

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 […]