Category: Insights

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 May 8th: Primary bull market for SIL and GDX signaled on May 7th

posted on: May 8, 2021

US stock indexes and GLD & SLV continue bullish GOLD AND SILVER MINERS ETFs A) Market situation if one is to appraise secondary reactions not bound by the three weeks dogma. The primary trend was signaled as bearish on 11/23/2020, as was profusely explained here. The primary bear […]

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 April 16: Secondary (bullish) reaction against the primary bear market for SIL/ GDX and TLT/IEF

posted on: April 16, 2021

US stock indexes remain bullish GOLD AND SILVER I refer to my last post, as the technical situation for gold and silver has not changed. http://www.dowtheoryinvestment.com/2021/04/dow-theory-update-for-april-5-minor-non.html GOLD AND SILVER MINERS ETFs A) Market situation if one is to appraise secondary reactions not bound by the three weeks dogma. The primary […]

Dow Theory Update for April 5: Minor non confirmation in Precious metals may be indicating a temporary respite of the current downswings.

posted on: April 5, 2021

A minor non-confirmation of lower lows spotted on TLT and IEF as well I only have time to post concerning SLV and GLD. The pattern on non-confirmation and even divergence I’ll explain below for SLV and GLD is also applicable to SIL and GDX, and to a minor extent to US bonds. Maybe […]

Dow Theory Update for April 1st: Clouds gather on the horizon for US stocks

posted on: April 1, 2021

A line formed in SLV and GLD, and primary bear market reconfirmed for SIL and GDX US STOCKS Schannep’s Dow Theory (more properly: The Dow Theory for the 21stCentury) On 3/16/2021, the primary trend was bullish since April 6th, 2020, as was explained here. So the primary bull market signal is nearing […]

Dow Theory Update for March 6th: news on the Dow Theory applied to US bonds

posted on: March 6, 2021

Trends for precious metals and US stocks unchanged Time is in very short supply. So I cut to the chase. US STOCKS Schannep’s Dow Theory (more properly: The Dow Theory for the 21stCentury) On 2/28/2020, the primary trend was bullish since April 6th, 2020, as was explained here. The secondary trend is […]

An unsere deutschen Freunde: Danke für Ihre Treue! (To our German friends: Thx four your faithfulness!)

posted on: February 10, 2021

Ich möchte die Gelegenheit nutzen, alle in Deutschland ansässigen Follower dieses Blogs ausdrücklich zu begrüßen und für ihre langjährige Treue zu danken. Deutschland rangiert zusammen mit den USA bei den gelesenen Beiträgen auf Platz 1, wenn wir die Einwohnerzahl beider Länder unberücksichtigt lassen. Dies ist also eine beachtliche Leistung, wenn man bedenkt, dass der […]

Dow Theory Update for February 9th: Bear market in US bonds continues unabated

posted on: February 9, 2021

Precious metals unchanged Since I am writing before the close, things might change. So readers beware. US STOCKS Schannep’s Dow Theory (more properly: The Dow Theory for the 21stCentury) On 1/31/2020, the primary trend was bullish since April 6th, 2020, as was explained here. The secondary trend is bullish since 11/13/2020 (successful termination […]

Dow Theory Update for January 30th: Precious metals and US bonds could be nearing a confirmation of their primary bear markets

posted on: January 30, 2021

Bearishness seems quite entrenched I’m tight on time, so I’m going to cut to the chase. So please bear with any typos or defective English. No much time for editing. But what really counts is the message and being on the right side of the market more often than not. US STOCKS Schannep’s […]

Dow Theory Update for January 8th: Primary bear market for US bonds signaled on January 6th when one takes the long-term interpretation of the Dow Theory

posted on: January 8, 2021

Trends in precious metals unchanged US INTEREST RATES General Remarks: In this post, I provided a thorough explanation concerning the rationale behind my use of two alternative definitions in order to appraise secondary reactions. TLT is the iShares 20 years + Treasury bond ETF. More about it here IEF is the iShares […]