Category: Insights

Dow Theory Special Issue: Capitulation The ultimate bottom indicator (IV)

posted on: July 4, 2019

Shortening of the time requirement for secondary reactions As a reminder, I have been writing about capitulation in the following posts. http://www.dowtheoryinvestment.com/2019/03/dow-theory-special-issue-capitulation.html http://www.dowtheoryinvestment.com/2019/03/dow-theory-special-issue-capitulation_22.html http://www.dowtheoryinvestment.com/2019/05/dow-theory-special-issue-capitulation.html As I explained in the past, “capitulation” is a mean reversing tool. When markets get severely oversold, we derogate from trend following, and bet for a trend reversal. The track record […]

Dow Theory Special Issue: Which markets are better suited to the Dow Theory (and Trend following in general) and the reason why

posted on: June 26, 2019

The power of trends and why it is not wise to disregard a Dow Theory signal based on the belief that the market is already overstretched. This is another post that I was written on June 19th at Nashville’s airport while being stranded due to bad weather conditions. However, it has been “matured” and edited […]

Dow Theory Update for June 19th: Gold breaks up above primary bull market highs unconfirmed by Silver

posted on: June 19, 2019

Same with GDX unconfirmed by SIL I am stranded in an airport due to very bad weather conditions in USA. Lighting, floods, flights cancelled, etc. Let’s try to get done a quick post. US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the […]

Dow Theory Update for June 14: No news since last week’s post

posted on: June 14, 2019

Primary and secondary Trends unchanged for both US stocks and precious metals and their ETF miners I will be travelling in the next few days, so I feel I won’t be able to post for at least one week. When I find time, I’d like to continue writing my “capitulation” saga. US STOCKS The primary […]

Dow Theory Update for June 6th: Setup for primary bear market completed in US stocks

posted on: June 6, 2019

Primary trend for US stocks remains bullish I am publishing on June 6th before the open, what I wrote after the close of June 5th US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 […]

Dow Theory Update for June 5th: Primary bear market setup completed for gold, silver and their miners’ EFT

posted on: June 5, 2019

I am writing on June 5th, 2019 before the close. So things might change by then. The charts shown have been produced at the close of June 4th, 2019 US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at […]

Dow Theory Update for May 31: Secondary reaction for stocks continues

posted on: May 31, 2019

No primary bear market has been signaled for precious metals US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market closing lows. However, “capitulation” suggested the opening of a partial commitment to stocks […]

Dow Theory Special Issue: Capitulation. The ultimate bottom indicator (III)

posted on: May 22, 2019

Performance after capitulation: Further advances and declines At last I found some time to pen a new post concerning capitulation. The proof of the pudding is in the eating. In this post, we will describe what happens after capitulation has occurred. Do we get strong rallies after capitulation? If yes, then the indicator has some […]

Dow Theory Update for May 9: Secondary reaction for US stocks signaled today

posted on: May 9, 2019

Trends unchanged for gold, silver and their ETF miners I don’t have much time to blog. So I will cut to the chase. US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market […]

Dow Theory Update for May 8: S&P 500 made higher highs unconfirmed by the Transports and Industrials

posted on: May 8, 2019

Secondary reaction in precious metals and their miners continues US STOCKS The primary trend as per Schannep’s Dow Theory is bullish since March 1st, 2019 when both the Industrials and the S&P 500 closed at +19% from the 12/24/2018 bear market closing lows. The secondary trend is bullish too, as explained here. However, “capitulation” suggested […]

Dow Theory Update for April 22nd: Secondary reaction in gold, silver and their miners ETFs

posted on: April 22, 2019

Primary and secondary trends unchanged for stocks New ideas to put in written are piling up. I am finishing the sequel to “divergent interpretations of the Dow Theory”. I feel this is going to be one important post, as I have conducted a kind of test taking monthly highs as signals. Furthermore, such a test […]

Dow theory Update for April 13rd: Once again back to divergent interpretations of the Dow Theory

posted on: April 13, 2019

Trends unchanged for stocks, gold, silver and their miners My new post concerning Schannep’s capitulation indicator will have to wait as more “divergent interpretations of the Dow Theory” (more than I could ever conceive) pop up. I have already analyzed some questionable interpretations of the Dow Theory here and here. Hence, the next post […]