Category: Insights

Dow Theory Update for December 15: Primary and secondary trends unchanged

posted on: December 15, 2017

Precious metals continue languishing All markets remain stuck in their respective trends. Days go by and nothing changes. While this may look boring, we are witnessing a normal environment for the Dow Theory. Trades tend to last more than one year, and, hence, this is not hectic trading. What we saw in the recent past […]

Dow Theory Update for November 30: First anniversary of the current bull market signal celebrated by confirmed higher highs

posted on: November 30, 2017

Precious metals, true to trend following, still in the grips of the bear US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. So we light a candle since the first (and probably last) anniversary has been accomplished. It goes without saying that the current signal (barring a huge […]

Dow Theory Update for November 15: SIL violates its primary bear market closing lows unconfirmed by GDX

posted on: November 15, 2017

No secondary reaction for stocks yet I am writing before the close. US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. So we are nearing the first (and probably last) anniversary for this signal. The primary trend was reconfirmed on July 3rd, 2017 as was explained here On […]

Dow Theory Update for November 9: The Transports are diverging seriously

posted on: November 9, 2017

Current bull swing (not to be mistaken with bull market) in jeopardy I am writing before the close. I apologize for my not posting very much but I am traveling and, as usual, time is not abundant. US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary […]

Dow Theory Update for October 24: More than six months without a secondary reaction in US stocks

posted on: October 24, 2017

Trends unchanged US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here The S&P 500, the Industrials and the Transports continue making higher confirmed highs. Thus, no secondary reaction in sight. Furthermore, more than six months […]

Dow Theory Update for October 11: Trends remain unchanged

posted on: October 11, 2017

Precious metals, and their miners remain in a bear market I am writing before the close, so things might (very unlikely) change. US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here The S&P 500, […]

Dow Theory Update for October 3: What’s happening to gold?

posted on: October 3, 2017

Dow Theory Update for September 26: The Transports make higher highs and hence the threat of a secondary reaction is postponed

posted on: September 26, 2017

SLV and GLD complete setup for primary bull market US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here Today, the Transports have bettered July 14th, 2017 closing highs. The Industrials and the S&P 500 made […]

Dow Theory Update for September 12: Industrials and S&P 500 make higher closing highs

posted on: September 12, 2017

Secondary reaction postponed for at least 10 calendar days US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here Higher highs made by the SPY and the Industrial imply that a secondary reaction is quite far […]

Dow Theory Update for September 5: Now everyone is bullish on gold. And the Dow Theory?

posted on: September 5, 2017

In spite of recent declines, no secondary reaction for US stocks yet (or never) US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here In spite of recent declines, no secondary reaction has been signaled, as […]

Dow Theory Update for August 29: A closer look at gold and silver

posted on: August 29, 2017

No secondary reaction for stocks yet US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here In spite of recent declines, no secondary reaction has been signaled, as explained here GOLD AND SILVER The primary trend […]

Dow Theory Special Issue: Isolating the value of the principle of confirmation and trend following

posted on: August 25, 2017

How much valuable is confirmation percentagewise? And trend following? It’s been many months without writing a post with some original thoughts which may be useful to the followers of this blog. For the last few months I have been confined to merely analyzing the markets (which in itself is OK and takes time) without any […]