Category: Insights

Dow Theory Special issue: How good is Schannep’s Dow Theory at picking bottoms and exiting tops?

posted on: July 1, 2016

Trends unchanged on stocks and precious metals. On many occasions, and based on my observations of Schannep’s Dow Theory primary bull and bear market signals, I have written that buy signals tend to be signaled at roughly 5-7% from the lows (bottom) and sell signals at around 5-7% from the highs (top). I must confess […]

Dow Theory Update for June 29: Primary bull market for Gold and Silver reconfirmed

posted on: June 29, 2016

Silver and Gold miners ETFs made new confirmed higher highs US STOCKS The primary trend turned bearish on June 24th, as was profusely explained here. The secondary trend, evidently, is bearish too, as no secondary reaction has been born. The current rally is irrelevant from a Dow Theory standpoint, as the minimum time requirement has […]

Dow Theory Update for June 27: Primary bear market unambiguously signaled for US stocks on Friday 24

posted on: June 27, 2016

Trends for precious metals and miners unchanged This post has been written and matured during the weekend. It is being posted some 25 minutes after the open of Monday 27. US STOCKS Well, the markets have cast their ballot too. Today, Friday, June 24th, the S&P 500 has closed 3 points below its May 19th […]

Dow Theory Update for June 22: A closer look to the current US stock market situation

posted on: June 22, 2016

How the classical and Schannep’s Dow Theory complement each other I am writing before the close. US STOCKS The primary trend (as determined by Schannep’s Dow Theory) is bullish, as explained here and here. The secondary trend is bearish (secondary reaction), as explained here. As I alerted here, US stocks have set up for a […]

Dow Theory Update for June 20: Trends remain unchanged

posted on: June 20, 2016

Narrow ranges prevail I am writing before the close of June 20th. There is lot of noise in all markets. Basically, all longer term trends fail to reassert themselves and markets are caught in trading ranges. This is the typical environment when trading with moving averages (or breakout systems) may prove to be devastating, as […]

Dow Theory Update for June 10: Gold and Silver have set up for primary bear market signal.

posted on: June 10, 2016

Trends unchanged. I am writing before the open of June 10th. US STOCKS The primary trend (as determined by Schannep’s Dow Theory) is bullish, as explained here and here. The secondary trend is bearish (secondary reaction), as explained here. As I alerted here, US stocks have set up for a primary bear market signal. The […]

Dow Theory Update for June 8: Gold and Silver miners ETFs break up to new closing high

posted on: June 8, 2016

And hence not even a secondary reaction existed for them US STOCKS The primary trend (as determined by Schannep’s Dow Theory) is bullish, as explained here and here. The secondary trend is bearish (secondary reaction), as explained here. As I alerted here, US stocks have set up for a primary bear market signal. The Industrials […]

Dow Theory Update for May 28: Gold and Silver under secondary reaction

posted on: May 28, 2016

Bizarre picture for US stocks US STOCKS The primary trend (as determined by Schannep’s Dow Theory) is bullish, as explained here and here. The secondary trend is bearish (secondary reaction), as explained here. As I alerted here, US stocks have set up for a primary bear market signal. Please mind that a setup for a […]

Dow Theory Update for May 26: Stocks set up for primary bear market signal on May 25

posted on: May 26, 2016

I don’t have much time to write. Yesterday the Transports closed up and materialized a rally exceeding 3%. Thus, US stocks set up for a primary bear market signal. See my two previous post for more about the implications. Sincerely,The Dow Theorist

Dow Theory Update for May 24: Exceptionally, the Classical Dow Theory might be earlier than Schannep’s Dow Theory

posted on: May 24, 2016

Gold and Silver very close to secondary (bearish) reaction US STOCKS The primary trend (as determined by Schannep’s Dow Theory) is bullish, as explained here and here. The secondary trend is bearish (secondary reaction), as explained here. Since I alerted on May 14th about the existence of the secondary reaction, stocks have extended their […]

Dow Theory Update for May 14: Secondary reaction for stocks signaled on May 13

posted on: May 14, 2016

Precious metals’ trends unchanged US STOCKS The primary trend (as determined by Schannep’s Dow Theory) is bullish, as explained here and here. The secondary trend is bearish for the reasons given below. Since April 20th, 2016 stocks have been declining. From the April 20th closing highs, the Industrials have declined -3.1% and the Transports have […]

Dow Theory Update for May 9: McKinsey Global Institute’s report and what to expect of the Dow Theory over the next 20 years

posted on: May 9, 2016

US stocks flirting with secondary reaction Dow Theory Update for May 9: McKinsey Global Institute’s report and what to expect of the Dow Theory over the next 20 years. US stocks flirting with secondary reaction US STOCKS The primary and secondary trend (as determined by Schannep’s Dow Theory) is bullish, as explained here and here. […]