Category: Daily update

Dow Theory Update for December 17: Deflationary day, albeit trends remain unchanged

posted on: December 17, 2013

Dow Theory Letters and daily noise. In the latest “Dow Theory Letter”, Mark Kerkhoff, has stated that they have a tough job at the Dow Theory Letters because they must analyze the markets daily whereas their focus is the Primary Trend. I understand Mr. Kerkhoff, since daily movements tend to be mere noise. However, one […]

Dow Theory Update for December 16: Stocks close up but remain below last recorded highs

posted on: December 16, 2013

Gold and silver close up. Today’s going to be a short post on this Dow Theory blog. US Stocks closed up and trends remain unchanged. Gold and silver and their miners closed up. However, trends remain unchanged. More details about the current trends for stocks and precious metals, here. Sincerely, The Dow Theorist

Dow Theory Update for December 13: Stocks take a breather

posted on: December 13, 2013

And trends remains unchanged Let’s get started with our daily Dow Theory commentary on this blog. US stocks The Industrials, and Transports closed up. The SPY closed weakly down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th and November 13th, for […]

Dow Theory Update for December 12: GLD and SLV back to the “danger zone”

posted on: December 12, 2013

Weakness persist in stocks US stocks The Industrials, and SPY closed down. The Transports closed weakly up. Days of lower prices begin to pile up. If the decline persisted and got deeper, soon a secondary reaction would be signaled. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was […]

Dow Theory Update for December 11: Is a new secondary reaction beginning?

posted on: December 11, 2013

We will know soon. A couple of days ago, the SPY made a higher closing high whereas the Industrials and the Transports failed to confirm. The longer such non confirmation persists the higher the odds for a secondary reaction to develop. Today’s dismal action makes it more difficult for the Transports or the Industrials to […]

Dow Theory Update for December 10: Precious metals come to live, momentarily escaping the “danger zone”

posted on: December 10, 2013

Dow Theory Letters and the Chinese bull market in stocks Matt Kerkhoff, currently a contributor of the Dow Theory Letters, has stated that the Chinese stock market has recently turned bullish as a golden cross (50 day moving average crossing above the 200 day moving average) has just appeared on the chart. I agree with […]

Dow Theory Update for December 9: Stocks close mildly up

posted on: December 9, 2013

Precious metals consolidate Today’s gonna be an ultra short post on this Dow Theory blog. Bottom line: Trends (of primary and secondary extent) have not changed, and remain the same as analyzed in-depth last Friday, December 6th. Sincerely, The Dow Theorist

Dow Theory Update for December 6: Stocks close up strongly but fail to make higher highs

posted on: December 6, 2013

Gold and silver at crossroads. US stocks The Industrials, Transports and SPY closed up. In spite of today’s strong close, no index managed to make a higher high. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th and November 13th, for the […]

Dow Theory Update for December 5: Indistinct day with bearish bias

posted on: December 5, 2013

Gold and silver close down but don’t pierce last recorded primary bear market lows US stocks The Industrials, Transports and SPY closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th and November 13th, for the reasons given hereand here. Today’s […]

Dow Theory Update for December 4: Precious metals take a breather

posted on: December 4, 2013

Stocks weak on bearish volume Let’s get started with our daily commentary on this Dow Theory blog. US stocks The Industrials, Transports and SPY closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th and November 13th, for the reasons given […]

Dow Theory Update for December 3: Stocks close down on higher volumen

posted on: December 3, 2013

Precious metals still very close to reconfirming primary bear market Let’s get started with our daily commentary on this Dow Theory blog. US stocks The Industrials, Transports and SPY closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th and November […]

Dow Theory Update for December 2: Gold and Silver flirting with a reconfirmation of the primary bear market signal

posted on: December 2, 2013

Are going gold and silver to follow GDX and SIL’s fate? Today is going is going to be a short post. After today’s action (with SLV and GLD falling out of bed), what I see on the charts is that SLV and GLD (the ETF proxies for paper silver and gold) are dangerously close to […]