Category: Investment musings

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

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 Continue Reading

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 Continue Reading

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 […]

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal (IV) Continue Reading

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

posted on: December 9, 2014

 Comments to the comment posted by Mike Parker An avid reader of this Dow Theory blog, Mike Parker, raised very interesting points concerning the last Dow Theory signal “saga”  which you can read here: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i.html here: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i_25.html and here: http://www.dowtheoryinvestment.com/2014/12/dow-theory-special-issue-schannep-and-i.html In the lines that follow I will include his comment (in black) whereas my answers […]

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal (III) Continue Reading

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

posted on: December 8, 2014

Schannep’s answer to my explanations and further comments thereto  Continued from Part I and II: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i.html http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i_25.html This thid part contains Schannep’s answer to my email (see part II) where I dissected the reading made by other Dow Theorists. This third part only contains Schannep’s answer (in blue, as he was a bull). At the […]

Dow Theory Update for December 4: Why buy and hold is dead Continue Reading

Dow Theory Update for December 4: Why buy and hold is dead

posted on: December 4, 2014

Trends for precious metals and US stocks remain unchanged. Zero Hedge reports that the average lifespan of US corporations in the S&P 500 has never been shorter. Now is down to a dismal 15 years: http://www.zerohedge.com/news/2014-12-04/here-reason-why-average-lifespan-us-corporations-has-never-been-shorter Do you still believe that buy and hold for individual stocks works? This is why even when dealing with […]

Dow Theory Update for December 3: Why the Dow Theory works. Its non-parametric nature Continue Reading

Dow Theory Update for December 3: Why the Dow Theory works. Its non-parametric nature

posted on: December 3, 2014

A greak book on momentum I recommend. I have just read a very interesting investment book entitled “Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk” by Gary Antonacci. It is a very well researched book written, though, by a practitioner. The main thesis of the book is that relative strength (i.e. […]

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal (II) Continue Reading

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

posted on: November 25, 2014

Part II: dissecting the readings of the market made by other Dow Theorists.   Continued from Part I: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i.html This second part is a continuation of my email to Schannep. Here I dissect the reading made by other Dow Theorists. Some of them saw (as I did but maybe for the wrong reasons) a primary bear […]

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal. Continue Reading

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal.

posted on: November 19, 2014

Was it a primary bear market signal or just a normal secondary reaction? PART I Readers of this blog know that the last primary bear market signal was not an easy one to discern (or at least was not so much textbook-like). After writing about a primary bear market signal on this Dow Theory blog, […]

Dow Theory Special Issue: After the dust hast settled: Commentary to the Dow Theory primary bear market signal Continue Reading

Dow Theory Special Issue: After the dust hast settled: Commentary to the Dow Theory primary bear market signal

posted on: October 16, 2014

Trends in gold and silver have not changed Let’s make a brief recap. Yesterday I announced that stocks are under a primary bear market. You can find the details here. The primary bull market started on June 24th, 2013 (on that they were made the final primary bear market lows). The primary bull market was […]

Dow Theory Update for June 23: We shouldn’t be cocksure, mindless technicians Continue Reading

Dow Theory Update for June 23: We shouldn’t be cocksure, mindless technicians

posted on: June 23, 2014

Trends unchanged In the last few days, I have written several posts disdaining fundamentalist myopia (for example, here and here). I could even look cocksure about the infallibility of technical analysis (and especially the Dow Theory), and, hence, as myopic as the very fundamentalists I criticize. So, yes: I have my fundamentally-based fears. Of course, […]

Dow Theory special issue: Today’s volume for the S&P 500 has been very bearish Continue Reading

Dow Theory special issue: Today’s volume for the S&P 500 has been very bearish

posted on: June 20, 2014

Intelligent money (whatever that is) seems to be dumping S&P stocks While this doesn’t entail a primary bear market signal, nor (at least yet) a secondary reaction against the primary bull market, it certainly displays that something is brewing. Given that the S&P closed down, I’d say today’s huge volume might be indicative of, at […]

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