Category: Insights

Dow Theory Update for February 6: Secondary reaction for gold and silver signaled today

posted on: February 6, 2015

Primary trends unchanged US STOCKS The SPY, Industrials and Transports closed down. On Thursday, January 29, the Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). On Friday 30, the Transports did so. However, lack of confirmation as the SPY has refused to violate its secondary reaction […]

Dow Theory Special Issue for February 4: It is not a primary bear market…

posted on: February 4, 2015

…In spite of what other Dow Theorists may say Last Friday, January 30, the Transports violated their secondary reaction lows, and, hence confirmed the Industrials which had done so January 28. As reported by Mark Hulbert of “marketwatch.com”, the Dow Theory is now “flashing” a “sell” signal. In his opinion (apparently backed by other Dow […]

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal (V and final)

posted on: February 2, 2015

As you know I have been writing about the last DowTheory signal in four posts. The essence of those posts was analyzing the friendly discrepancy between Dow Theorist Schannep (of “thedowtheory.com”) and I when evaluating what for me constituted a primary bear market signal. Schannep was of the opinion that no primary bear market signal […]

Dow Theory Update for February 2: No primary bear market signaled yet, as the SPY refuses to confirm

posted on: February 2, 2015

Trends for gold, silver and their miners unchanged. US STOCKS The SPY, Industrials and Transports closed up. On Thursday, January 29, the Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). On Friday 30, the Transports did so. However, lack of confirmation as the SPY has refused […]

Dow Theory Update for January 29: Stocks have dodged the bullet…at least for now

posted on: January 29, 2015

Trends remain unchanged in spite of rising volatility. Last Friday January 23rd, stocks set up for a primary bear market signal, as explained here. The SPY, Industrials and Transports closed up. Yesterday, the Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). However, lack of confirmation (as […]

Dow Theory Update for January 28: Industrials violate secondary reaction lows unconfirmed

posted on: January 28, 2015

We are very near to a primary bear market signal for stocks Last Friday 23rd, stocks set up for a primary bear market signal, as explained here. The SPY, Industrials and Transports closed down. The Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). However, lack of […]

Dow Theory Special Issue: Digging deeper into the primary bull market signal for gold and silver

posted on: January 24, 2015

I promised you that this weekend I was going to give you my take on the brand new primary bull market signal for SLV and GLD. I’d like to say I find a compelling risk/reward ratio for GLD. The primary bull market was signaled on 1/16/2015 and GLD closed at 122.52. The primary bear market […]

Dow Theory Update for January 23: Stocks set up yesterday for primary bear market signal.

posted on: January 23, 2015

More on gold and silver this weekend US STOCKS If you want to know how did we fare in 2014 by following the Dow Theory, you may read our yesterday’s post, which you can find here. The SPY, Industrials and Transports closed down. Yesterday, the SPY and the Transports managed to rally more than three […]

Dow Theory Special Issue: Putting 2014 in perspective

posted on: January 22, 2015

US Stocks Let’s briefly recap how our Dow Theory analysis fared in 2014. Did we do a good job at determining the primary trend of the markets? 2013, as explained here was a good year for those applying the Dow Theory to stocks, gold, silver and their miners. 2014 has been a good year too […]

Dow Theory Update for January 16: Primary bull market for gold and silver signaled today

posted on: January 16, 2015

Stocks undergo secondary reaction. US stocks The Industrials, Transports and SPY closed up. Yesterday, January 15, stocks closed down, and fulfilled the time requirement for a secondary reaction. Thus, the Industrials, Transports and SPY have declined by more than 3%, and such a decline has lasted (calculated as the average of the three indices) more […]

Dow Theory Update for January 13: Gold and silver failed by a hair to signal a primary bull market

posted on: January 13, 2015

Thus, the primary trend remains bearish US stocks The Industrials, Transports and SPY closed down. The primary trend remains bullish, as explained here and here. The secondary trend is bullish. No secondary reaction yet. Gold and Silver SLV closed strongly up, and GLD closed down. SLV failed by a hair to better the secondary reaction […]

Dow Theory Update for December 12: Primary bull market for SIL and GDX signaled today

posted on: January 12, 2015

Gold and Silver close to signaling primary bull market (but not there yet or never) US stocks The Industrials, Transports and SPY closed down. The primary trend remains bullish, as explained here and here. The secondary trend is bullish. No secondary reaction yet. Gold and Silver SLV and GLD closed up. GLD made a higher […]