Category: Dow Theory

Dow Theory Special Issue: A closer look at the Chinese primary bull market in stocks

posted on: May 20, 2015

Some days ago, I made a cursory reference to an ongoing primary bull market in Chinese stocks. One reader of this Dow Theory blog kindly asked me to further analyze the bull market in Chinese stocks. As I explained here, the Dow Theory can also be applied to foreign stocks indices and even assets other […]

Dow Theory Update for May 13: Is the USD bull market over?

posted on: May 13, 2015

EUR under primary bull market as per the Dow Theory. US debt just about to signal primary bear market. Following the suggestion of Algyros, reader of this Dow Theory blog, I have made it easier for its followers to know the current state of the trend (see banner above), as far as I am able […]

Dow Theory Special Issue: “Lines”. Classical Dow Theory and Schannep

posted on: May 11, 2015

Why Schannep’s Dow Theory needs no lines. Trends for US Stocks, gold, silver and their respective miners EFTs remain unchanged. The primary trend for Stocks remains bullish, and the precious metals universe remains bullish. Gold, silver and their ETFs remain caught in an endless secondary reaction. What I wrote some weeks ago remains a faithful […]

Dow Theory Update for May 7: More about the unreliability of trying to gauge the secular trend

posted on: May 7, 2015

Primary and secondary trends for stocks, gold, silver and their miners unchanged. The lull continues. So, once again, I’ll focus on issues pertaining to investing with a Dow Theory focus. Today I will delve into secular trends, valuations and what to do about them. This blogger truly yours has been skeptical as to trying to […]

Dow Theory Special Issue: “Internal” confirmation embedded in the Dow Theory: Time should confirm extent and viceversa. Therein lies its force.

posted on: April 29, 2015

Moving averages, Breakout strategies, etc. are no match for the Dow Theory No new from the markets. Primary and secondary trends unchanged. And hence, I will further cogitate about the Dow Theory. Such moments of market lull are good to rethink one’s premises. The more I know the entrails of the Dow Theory, the more […]

Dow Theory Update for April 21: Dow Theory, Trend following, noise and non parametric systems

posted on: April 21, 2015

Nothing has changed. Primary and Secondary trends remain the same. Trends have not changed. So what I wrote in my last post remains valid. http://www.dowtheoryinvestment.com/2015/04/dow-theory-update-for-april-10-trends.html So let’s take advantage of the lack of news, to ponder a bit about trends, their nature and how to make money out of them. Now we have time […]

Dow Theory Special Issue: Dow Theory versus Moving Averages

posted on: February 20, 2015

Which is a better timing system? The post you are going to read was overdue, as it is vital for any trend follower. I could finally find some time to put some ideas together. It is well known that moving averages (hereinafter, “MA”) are used by investors to help “timing” the markets. So, as with […]

Dow Theory Special Issue: Putting 2014 in perspective II

posted on: February 11, 2015

Gold, Silver and their miners ETFs. The first part of this study concerning US Stocks can be found here. Gold and Silver 2014 began with an ongoing primary bear market in gold and silver which had been signaled by this blogger truly yours on December 20th, 2012 (as explained here). The primary bear market signal […]

Dow Theory Special Issue for February 4: It is not a primary bear market…

posted on: February 4, 2015

…In spite of what other Dow Theorists may say Last Friday, January 30, the Transports violated their secondary reaction lows, and, hence confirmed the Industrials which had done so January 28. As reported by Mark Hulbert of “marketwatch.com”, the Dow Theory is now “flashing” a “sell” signal. In his opinion (apparently backed by other Dow […]

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal (V and final)

posted on: February 2, 2015

As you know I have been writing about the last DowTheory signal in four posts. The essence of those posts was analyzing the friendly discrepancy between Dow Theorist Schannep (of “thedowtheory.com”) and I when evaluating what for me constituted a primary bear market signal. Schannep was of the opinion that no primary bear market signal […]

Dow Theory Special Issue: Digging deeper into the primary bull market signal for gold and silver

posted on: January 24, 2015

I promised you that this weekend I was going to give you my take on the brand new primary bull market signal for SLV and GLD. I’d like to say I find a compelling risk/reward ratio for GLD. The primary bull market was signaled on 1/16/2015 and GLD closed at 122.52. The primary bear market […]

Dow Theory Special Issue: Putting 2014 in perspective

posted on: January 22, 2015

US Stocks Let’s briefly recap how our Dow Theory analysis fared in 2014. Did we do a good job at determining the primary trend of the markets? 2013, as explained here was a good year for those applying the Dow Theory to stocks, gold, silver and their miners. 2014 has been a good year too […]