Category: Insights

Dow Theory Update for August 4: Setup for a potential bear market signal in GDX and SIL completed

posted on: August 4, 2021

Primary trends remain bullish in precious metals and their ETF miners. GOLD AND SILVER A) Market situation if one is to appraise secondary reactions not bound by the three weeks dogma. While it’s subject to interpretation, I explained why I consider the primary trend bullish since 4/21/2021 here. The secondary trend […]

Dow Theory Update for July 19: No primary bear market in precious metals despite the current decline

posted on: July 19, 2021

US Bonds and Stocks continue in primary bull market I must be hopping on a plane, so I don’t have much time to blog. I am writing well before the close, so things might change. Readers, beware and do your own homework. GOLD AND SILVER My assessment of June 21st, 2021, […]

Dow Theory Update for June 21: Secondary reaction in gold and silver and GDX/SIL against the primary bull market

posted on: June 21, 2021

Primary trends unchanged. GOLD AND SILVER A) Market situation if one is to appraise secondary reactions not bound by the 3 weeks dogma. While it’s subject to interpretation, I explained why I consider the primary trend bullish since 4/21/2021 here. A secondary reaction against the primary bull market has been signaled […]

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 Update for June 9th: Primary bull market in US bonds signaled on 6/8/2021

posted on: June 9, 2021

Bull market in precious metals and their miners continues in good health US INTEREST RATES General Remarks: In this post, I provided a thorough explanation concerning the rationale behind my use of two alternative definitions to appraise secondary reactions. TLT is the iShares 20 years + Treasury bond ETF. More […]

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 […]