Category: Insights

Dow Theory Update for January 31: Capitulation and secondary reactions under Schannep’s Dow Theory

posted on: January 31, 2019

Precious metals and their miners remain in primary bull market Stocks remain in primary bear market. US STOCKS The primary trend as per Schannep’s Dow Theory is bearish, as explained here. The secondary trend (secondary reaction against the primary bear market) is bullish, as explained here. Under the “Rhea/Classical” Dow Theory stocks are under a […]

Dow Theory Update for January 18: Secondary (bullish) reaction against primary bear market as per the “Classical” Dow Theory

posted on: January 18, 2019

Precious metals remain in primary and secondary bullish trends I am writing on January 18 just before the close. US STOCKS The primary trend as per Schannep’s Dow Theory is bearish. The secondary trend (secondary reaction against the primary bear market) is bullish, as explained here. However, at the very least since January 16th, […]

Dow Theory Special Issue: The two variables accounting for the Dow Theory out and underperformance versus buy and hold

posted on: January 17, 2019

It was a long time of not posting “philosophical” and introspective aspects concerning the Dow Theory. While it may seem evident to many, this post is the result of some nights of serious introspection. I wanted to completely isolate the factors (variables) that account for the Dow Theory outperformanceversus buy and hold (BAH). This is […]

Dow Theory Update for January 11: Stocks under primary bear market according to the “Rhea/Classical” Dow Theory since 12/10/2018

posted on: January 11, 2019

I am posting this article before the close of January 11th, 2019 On January 8th, 2019 I wrote that the primary trend according to Schannep’s Dow Theory turned bearish on 10/24/2018. The explanation in depth here. Well, today we are going to discern the trend according to the “Rhea/classical” Dow Theory. As a reminder the […]

Dow Theory Update for January 10: Gold and Silver miners ETFs under primary bull market since December 12th, 2018

posted on: January 10, 2019

GOLD AND SILVER MINERS EFTs As I explained yesterday, the primary trend turned bullish on 12/18/2018. To recap: The primary trend was declared bearish on October 4th, 2016, as was explained hereand here. On 11/10/2017 SIL violated its primary bear market closing and GDX did not confirm. Lack of confirmation implied that the primary bear […]

Dow Theory Update for January 9: Gold and Silver under primary bull market since 12/24/2018

posted on: January 9, 2019

I am writing before the close Today I focus on gold and silver. GOLD AND SILVER As I explained yesterday, the primary trend turned bullish on 12/24/2018. As a recap: The primary trend was declared bearish on July 7th, 2017, as explained hereand here. On July 17th, 2018 SLV violated its primary bear market lows […]

Dow Theory Update for January 8: US Stocks in primary bear market (with secondary reaction)

posted on: January 8, 2019

Precious metals in primary bull market I am writing during the trading session of January 8th, 2019 so things (i.e. the length of the secondary reaction for stocks) might change by the close. I apologize to my readers for my lack of posting. The second half of 2018 was not very conducive for posting. Health […]

Dow Theory Update for August 31: After a hiatus, I am back again

posted on: August 31, 2018

I apologize for the delay in posting. As I hinted in my last post (here) due to health-related issues of one of my sons I am very short of time. While not life threatening the health of my son demands lots of time on my side. Furthermore, compounding health issues I underwent an accident (riding […]

Dow Theory Update for June 12: Watch the S&P 500. No time to blog

posted on: June 12, 2018

I am traveling for health related issues of my son. I will not be able to post until next week. Readers keep an eye on the S&P 500 if the S&P 500 were to exceed its 3/9/2018 closing highs, as per Schannep’s Dow Theory a primary bull market would be signaled. Sincerely, The Dow Theorist

Dow Theory Update for May 28: Secondary reaction for US stocks according to the “classical” Dow Theory

posted on: May 28, 2018

No primary bull market signalled by Schannep’s Dow Theory as the S&P 500 has not confirmed US STOCKS The primary trend turned bearish on April 9, as was explained here, and more in depth here An in depth post mortem of the last primary bull market and the entrails of the current primary bear […]

Dow Theory Update for May 16: Secondary (bullish) reaction for US stocks and setup for primary bull market completed

posted on: May 16, 2018

Primary and secondary trends for precious metals unchanged I am writing before the close, so things might change. Readers beware and do your own homework. US STOCKS The primary trend turned bearish on April 9, as was explained here, and more in depth here An in depth post mortem of the last primary bull market […]

Dow Theory Update for April 17: More thoughts concerning the recently demised bull swing and the current primary bear market signal

posted on: April 17, 2018

US STOCKS The primary trend turned bearish on April 9, as was explained here, and more in depth here Thus, the primary bull market that was signaled on November 21st, 2016 has come to an end. At this moment we cannot know whether the current primary bear market signal is going to be a “good […]