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 […]
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)
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
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
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. […]
