Category: Dow Theory

Dow Theory Special Issue: Assessing the Dow Theory’s performance when applied to precious metals and their miners (II)

posted on: June 15, 2021

Results for SLV/GLD The previous post of this saga set out the premises of our study. This post and the next one are the most important that I have ever published on this blog. You won’t find anywhere else the practical and profitable implications of the Dow Theory you are about to read. […]

Dow Theory Special Issue: Assessing the Dow Theory’s performance when applied to precious metals and their miners (I)

posted on: June 3, 2021

Performance of GLD/SLV and GDX/SIL from 2012 to date. Our premises To the casual observer, the Dow Theory is just a timing device for US stock indexes. However, the Dow Theory lends itself well to being applied to other asset classes. None other than Dow Theorist Hamilton stated that the Dow Theory could […]

Dow Theory Update for May 12: Two minor amendments to my post of May 8th

posted on: May 12, 2021

Jack Schannep, of thedowtheory.com, made two valuable comments to my post of May 8th, 2021. The first one concerns a miscalculation in the rally that started on 3/1/2021 for GDX and 3/30/2021 for SIL. Here you have the correct figures. In any instance, the appraisal of the secondary reaction doesn’t change. So […]

Dow Theory Update for April 22: A not so clear-cut primary bull market signaled on 4/21/2021 for GLD and SLV

posted on: April 22, 2021

At the very least, it is a good risk-reward buy Today I am going to focus exclusively on SLV and GLD. Please find the most recent post on US stock indices, SIL/GDX and TLT/IEF here. http://www.dowtheoryinvestment.com/2021/04/dow-theory-update-for-april-16.html GOLD AND SILVER A) Market situation if one is to appraise secondary reactions not bound […]

Dow Theory Update for December 8: Secondary reaction successfully terminated and primary bull market reconfirmed

posted on: December 8, 2020

Trends unchanged for precious metals, their miners ETFs and US interest rates Today we focus on US stock indexes. Given that neither the primary nor the secondary trend has changed for precious metals, their miners ETFs and US interest rates, please go to the following posts for the latest assessment of trends: […]

Dow Theory Update for November 28th: Primary bear market for Gold and Silver signalled on November 27th

posted on: November 28, 2020

I don’t have much time to write, as I’m busy with the drafting of our monthly Letter to our Subscribers at thedowtheory.com GOLD AND SILVER Introductory note: In this post, I wrote a thorough explanation concerning the rationale behind my use of two alternative definitions in order to appraise secondary reactions. […]

Dow Theory Update for November 23th: Primary bear market for SIL and GDX signaled on 11/23/2020

posted on: November 23, 2020

Gold and Silver (GLD and SLV) remain in a primary bull market As a reminder of why I use two alternative definitions of a secondary reaction, please read here. GOLD AND SILVER MINERS ETFs A) Market situation if one is to appraise secondary reactions not bound by the 3 weeks dogma. One […]

Dow Theory Update for November 6th: Primary bull market in US stocks still in force

posted on: November 6, 2020

Trends unchanged for precious metals, miners and US interest rates Today let’s take a look at the US stock market. It was overdue. Primary and secondary trends remain unchanged for gold and silver, their ETF stock miners and US interest rates. You can read the latest report concerning these markets here, here and […]

Dow Theory Update for October 8th: Dissecting the current secondary reaction in SIL and GDX (silver and gold miners ETFs)

posted on: October 8, 2020

General remarks: Well, let’s try to write the promised post concerning the ongoing secondary reaction in SIL and GDX. As I wrote here, the secondary trend for precious metals had changed on September 23rd, 2020. Now it is bearish (secondary reaction against the primary bull market). In this post, I provided […]

Dow Theory Update for October 6th: Primary bear market for US bonds signaled on October 5th

posted on: October 6, 2020

The primary trend remains bullish when one appraises the trend of US bonds with a somewhat longer time-frame. I still owe the readers of this Dow Theory blog the promised in-depth explanation of the current secondary reaction in SIL and GDX (the gold and silver miners ETFs). However, Dow Theory’s relevant events pile […]

Dow Theory Update for October 5: Dissecting the current secondary reaction in gold and silver

posted on: October 5, 2020

Explanation for SIL and GDX coming soon As I wrote here, the secondary trend for precious metals had changed on September 23rd, 2020. I promised a more in-depth post. Today, I’ll address gold and silver. Hopefully, next week, I’ll write about SIL and GDX, the gold and silver miners ETFs. Please mind […]

Dow Theory Update for October 2: Why I favor using two alternative ways of appraising secondary reactions?

posted on: October 2, 2020

In-depth explanation about the current secondary reaction in precious metals coming soon In my last post, I summarily informed that the secondary trend for precious metals had turned bearish. However, I didn’t provide accurate calculations nor any charts. Since the appraisal of secondary reaction is vital for Dow Theorists, as we derive […]