Category: Daily update

Dow Theory Update for Oct 25: No changes.

posted on: October 25, 2012

Today was a technically dull day. Let’s get started with our Dow Theory analysis for today. Stocks were up. Technically, nothing significant occurred. It seems as stocks are trying to bottom, but it is too early too tell and we are unconcerned since we do not trade secondary reactions but, as I always say, we […]

Dow Theory Update for Oct 24: Bearish day

posted on: October 24, 2012

Stocks: Primary trend remains bullish. Secondary trend bearish. Let’s get started with our Dow Theory analysis for today. Today this post in this blog is going to be short, since I just posted some time ago an in-depth study as to whether the gold and silver miners ETFs are experiencing a secondary reaction. You can […]

Dow Theory Update for Oct 23: Gold and silver miners enter secondary reaction.

posted on: October 23, 2012

Markets down. Transports up. Let’s begin with our Dow Theory commentary in this blog. The SPY and Industrials closed clearly down. However, the Transports defying gravity force managed to close up for the day. So the secondary reaction follows its course. It is good to remember that the amount hitherto corrected is modest if we […]

Dow Theory Update for Oct 22: No changes in trends.

posted on: October 22, 2012

Primary trend bullish and secondary trend bearish in stocks and precious metals. Let’s get started with our Dow Theory analysis for today in this blog. The Industrials and the SPY closed minimally up today. The Transports taking a breather closed down today. Technically, nothing has changed. We know that trends are made by sheer […]

Dow Theory Update for Oct 19: Happy anniversary 25 years of the 1987 Crash

posted on: October 19, 2012

Markets celebrate black Monday by mostly going down. Gold and silver: secondary trend turns bearish. Later today or early tomorrow I will post in this Dow Theory blog a special issue on the 1987 stock market crash. Would the Dow Theory have kept us safe on October 19, 1987? I’ll give you the answer in […]

Dow Theory Update for Oct 18: Transports still stronger.

posted on: October 18, 2012

No changes in trends. Let’s get started with our Dow Theory analysis for today in this blog. Our headline today is again the Transports. Whilst the SPY and the Industrials closed lower today, the Transports displaying greater relative strength managed to edge higher for the day. It has had an up close 5 days in […]

Dow Theory Update for Oct 17: Primary trend for stocks bullish. Secondary trend still bearish

posted on: October 17, 2012

Primary and secondary trend bullish in the precious metals universe. Richard Russell, of the „Dow Theory Letters“, seems to little by little join the bullish camp, albeit in a hedged manner. In his yesterday’s letter, he acknowledged that the bull seems to be winning the battle. As I wrote in the past in this […]

Dow Theory update for Oct 16: Bullish day. No changes in trends

posted on: October 16, 2012

No secondary reaction in the precious metals’ universe yet. Not all days are relevant under Dow Theory. Today this post in this Dow Theory blog is going to be short, since today in spite of the bullish display of the markets, is an inconsequential day. I will spare my letters and words. The three stock […]

Dow Theory update for Oct 15: No secondary reaction in gold and silver…yet

posted on: October 15, 2012

Stocks up today. No changes under Dow Theory. Let’s get started with our Dow Theory analysis for today in this blog. The three stock indices we monitor, namely the SPY, Industrials and Transports all closed up for the day. Technically, nothing has changed: the primary trend remains bullish and the secondary trend remains bearish. The […]

Dow Theory Update for Oct 12: No changes. Mixed action today

posted on: October 12, 2012

Stocks: Primary trend remains bullish. Secondary trend bearish. So what did the stock market today? Mixed action. The Transports which continue showing good relative strength closed up for the day. The Industrials closed barely up, and the SPY closed down. Thus, the secondary trend remains bearish and until now, the decline has been so timid […]

Dow Theory update for Oct 11: Mixed day. No changes.

posted on: October 11, 2012

Primary trend remains bullish; secondary trend bearish. Let’s get started with our Dow Theory analysis for today. The stock market was indecisive. The SPY closed up, and the Transports and Industrials closed down for the day. So there are no changes from yesterday’s assessment under Dow Theory. Later today, I will post in this Dow […]

Dow Theory Update for Oct 10: Secondary trend for stocks turned finally bearish.

posted on: October 10, 2012

The Industrials and the SPY violated the lows of the line. Markets were made to befuddle as many investors as possible. However, armed with the Dow Theory, we can in most instances avoid being fooled by the markets and be on the right side and, when occasionally wrong, keep our losses contained. So what did […]