Category: Insights

Dow Theory Special Issue: Additional thoughts concerning further declines following Schannep’s Dow Theory primary bear market signals

posted on: December 16, 2015

Updated statistical record Last Friday 11th a primary bear market was signaled for US stocks. More about the entrails of this primary bear market signal here. http://www.dowtheoryinvestment.com/2015/12/dow-theory-update-for-december-14.html I wrote that investors better heed primary bear market signals as determined by Schannep’s Dow Theory, as the statistical record compiled by Schannep in his book (page 108) […]

Dow Theory Update for December 14: Primary bear market signaled for US Stocks last Friday 11

posted on: December 14, 2015

Precious metals trends unchanged. US STOCKS I am writing at the open of December 14. I refer to the price action seen last Friday 11 at the close. My Dow Theory Update of last December 9thwarned that US Stocks were flirting with a primary bear market signal. I pointed out that the Transports had made […]

Dow Theory Update for December 9: US Stocks flirting with primary bear market signal

posted on: December 9, 2015

Trends remain unchanged US STOCKS The primary trend is bullish as explained here and here The secondary trend is bearish (secondary bearish reaction against the primary bullish trend) as explained here: On Nov 19, the Transports rallied more than 3% from the secondary reaction closing lows and hence the setup for a primary bear market […]

Dow Theory Special Issue: Putting the Dow Theory under stress-test (I)

posted on: December 7, 2015

A new Dow Theory saga is being started Introduction While followers of this Dow Theory blog may be inclined to think that I am a true believer in the Dow Theory, and hence, to some extent blinded and unable to see its flaws (if any), truth is that I am skeptical of everything when it […]

Dow Theory Special Issue: Richard Russell RIP

posted on: December 1, 2015

I have just known that legendary Dow Theorist Richard Russell passed away. More about his bereavement here. I owe to Richard Russell my first dabblings in the Dow Theory. He timely signaled the 2008 primary bear market, and, in the past, before I was committed to the Dow Theory (or even born) he made very […]

Dow Theory Update for Nov 27: Gold and Silver miners ETF have not signaled primary bear market yet

posted on: November 27, 2015

New Dow Theory saga coming soon I hope to start writing very soon a new “saga” entitled “putting the Dow Theory under stress-test”. The posts that will follow will analyze the Dow Theory inside out in order to determine how it is likely to perform under the most challenging economic environments. Readers of this Dow […]

Dow Theory Update for November 20: US Stocks set up for primary bear market.

posted on: November 20, 2015

Gold and Silver miners ETFs still flirting with primary bear market signal US STOCKS The primary trend is bullish as explained here and here The secondary trend is bearish (secondary bearish reaction against the primary bullish trend) as explained here: Yesterday (Nov 19), the Transports rallied more than 3% from the secondary reaction closing lows […]

Dow Theory Update for November 18: Precious metals miners ETFs averted primary bear market signal for another day

posted on: November 18, 2015

US Stocks have not rallied three percent yet. Very brief update. US STOCKS The primary and secondary trends are bullish as explained here and here The secondary trend is bearish (secondary bearish reaction against the primary bullish trend) as explained here: I wrote yesterday that at least one index had to rally by at least […]

Dow Theory Update for Nov 17: Primary bear market (or reconfirmation) for gold and silver signaled today

posted on: November 17, 2015

US Stocks under bearish secondary reaction My apologies for this post. It has been written in a hurry, and I would have liked to have more time to write a more structured one. However, there are changes in trends, and I feel it is important to provide information to the followers of this Dow Theory […]

Dow Theory Update for October 24: Is the current primary bull market signal for US stocks doomed to fail?

posted on: October 24, 2015

Trends for stocks, gold silver and their miners unchanged. I have not posted in the last few days for the following reasons: a) I was traveling so time was extremely scarce b) Trends have not changed. c) I am re-reading Schannep’s book for the 10thtime. I am in a period of introspection unearthing more jewels […]

Dow Theory Update for October 14: Primary bull market reluctantly signaled for gold and silver on October 12

posted on: October 14, 2015

However, I still don’t fully like the secondary reaction that defined the pivot point to be broken out for a primary bull market to be signaled US STOCKS The primary and secondary trend is bullish as explained here and here. http://www.dowtheoryinvestment.com/2015/10/dow-theory-update-for-october-9-primary.html http://www.dowtheoryinvestment.com/2015/10/dow-theory-update-for-october-8-primary.html GOLD AND SILVER On October 12, 2015 GLD finally deigned to confirm SLV, […]

Dow Theory Update for October 9: The primary bull market for US stocks signaled on Oct. 7 unambiguously confirmed

posted on: October 9, 2015

Trends in precious metals unchanged Yesterday, I acknowledged that a primary bull market had been signaled. However, I acknowledge it grudgingly, as the S&P 500 just exceeded its September 16th closing highs by a hair and the SPY was lagging behind. Based on that, I gave a list of technical reasons that might advocate for […]