Category: Insights

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 […]

Dow Theory Update for August 24: The Transports make lower closing lows whereas the Industrials and Transports fail to do so

posted on: August 24, 2017

Hence, no secondary reaction yet. 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 Transports have made today lower closing lows. Since their 7/14/2017 closing highs they have declined for 29 trading days. Nonetheless, the Industrials […]

Dow Theory Update for August 18: Stocks close to a secondary reaction, but not there yet

posted on: August 18, 2017

Recent pullback in SLV and GLD is not a setup for a primary bull market signal 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 Transports have been diverging from the SPY and the […]

Dow Theory Update for August 9: I feel SLV and GLD are not in a primary bull market yet

posted on: August 9, 2017

Trends for stocks unchanged Time remains in short supply. 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 Transports have been diverging from the SPY and the Industrials by declining whereas the other two […]

Dow Theory Update for July 25: Primary and secondary trends unchanged

posted on: July 25, 2017

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 No secondary reaction in sight. GOLD AND SILVER The primary trend was declared bearish on July 7th, 2017, as explained here and here The current rally […]

Dow Theory Update for July 11: Primary bear market for Silver and Gold signaled on July 7

posted on: July 11, 2017

Gold and silver miners ETFs remain in primary bear market US STOCKS The primary trend is bullish since November 21st, 2016, as explained here and here. On July 3rd, 2017 the Transports broke up their March 1st, 2017 primary bull market closing highs. By doing so it confirmed the S&P 500 (breakout on May 10th) […]

Dow Theory Update for July 3: The Transports confirm the S&P 500 and the Industrials

posted on: July 3, 2017

Stocks “in the clear”. Primary bull market reconfirmed and secondary reaction extinguished I will be travelling with a quite heavy schedule in the following days. Hence, it is unlikely that I find time to update this blog in the next 7 days. This remark applies especially to GLD and SLV. They are on […]

Dow Theory Update for June 30: The Transports have not confirmed yet

posted on: June 30, 2017

Trends remain unchanged Days pass by and nothing is accomplished technically, which is normal, as primary trends, as appraised by the Dow Theory, tend to last one or more years. To some extent, what we witnessed in the last few years (primary trends of shorter duration in both US indices, precious metals and their […]

Dow Theory Update for June 17: The Transports go on refusing to confirm the Industrial’s and S&P 500’s higher closing highs

posted on: June 17, 2017

GLD broke up its primary bull market high unconfirmed by SLV US STOCKS The primary trend is bullish since November 21st, 2016, as explained here and here. The analysis I made in my last post of June 1st, 2017 remains fully valid. After June 1stthe Industrials and the S&P 500 have made marginally higher closing […]

Dow Theory Update for June 1st: The Industrials make higher closing highs and confirm the S&P 500

posted on: June 1, 2017

However, the Transports refuse to do so US STOCKS The primary trend is bullish since November 21st, 2016, as explained here and here. Today the Industrials closed at 21144.18 that is above their March 1st closing highs of 21115.55. And thus confirming the S&P 500 breakout of May 10th. However, the Transports are lagging behind, […]

Dow Theory Update for May 15: SLV and GLD under secondary reaction against primary bull market

posted on: May 15, 2017

Trend for stocks unchanged I am writing early in the morning before the open of May 15th. So things might change by the today’s close. US STOCKS The primary trend is bullish since November 21st, 2016, as explained here and here. The secondary trend is bearish (secondary reaction against the primary bull market). The secondary […]