Category: Insights

Dow Theory Update for December 11: Secondary (bullish) reaction against primary bear market in Gold and Silver

posted on: December 11, 2014

Trends for SIL, GDX and US Stocks unchanged US Stocks The SPY, the Transports and the Industrials closed up. The primary trend remains bullish, as explained here. The secondary trend is bullish and it is too early to signal a secondary (bearish) reaction against the primary bull market. Gold and Silver SLV and GLD […]

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

posted on: December 9, 2014

Comments to the comment posted by Mike Parker An avid reader of this Dow Theory blog, Mike Parker, raised very interesting points concerning the last Dow Theory signal “saga” which you can read here: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i.html here: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i_25.html and here: http://www.dowtheoryinvestment.com/2014/12/dow-theory-special-issue-schannep-and-i.html In the lines that follow I will include his comment (in black) whereas my answers […]

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

posted on: December 8, 2014

Schannep’s answer to my explanations and further comments thereto Continued from Part I and II: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i.html http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i_25.html This thid part contains Schannep’s answer to my email (see part II) where I dissected the reading made by other Dow Theorists. This third part only contains Schannep’s answer (in blue, as he was a bull). At the […]

Dow Theory Update for December 4: Why buy and hold is dead

posted on: December 4, 2014

Trends for precious metals and US stocks remain unchanged. Zero Hedge reports that the average lifespan of US corporations in the S&P 500 has never been shorter. Now is down to a dismal 15 years: http://www.zerohedge.com/news/2014-12-04/here-reason-why-average-lifespan-us-corporations-has-never-been-shorter Do you still believe that buy and hold for individual stocks works? This is why even when dealing with […]

Dow Theory Update for December 3: Why the Dow Theory works. Its non-parametric nature

posted on: December 3, 2014

A greak book on momentum I recommend. I have just read a very interesting investment book entitled “Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk” by Gary Antonacci. It is a very well researched book written, though, by a practitioner. The main thesis of the book is that relative strength (i.e. […]

Dow Theory Update for December 2: No secondary (bullish) reaction for precious metals yet.

posted on: December 2, 2014

All trends remain unchanged. Many days have passed by without my giving you a trend update as per the Dow Theory rules. The reason is simple: too little time and no change of trends. Furthermore, my focus has been on analyzing the last controversial Dow Theory signal, as you can read here and here. Please […]

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

posted on: November 25, 2014

Part II: dissecting the readings of the market made by other Dow Theorists. Continued from Part I: http://www.dowtheoryinvestment.com/2014/11/dow-theory-special-issue-schannep-and-i.html This second part is a continuation of my email to Schannep. Here I dissect the reading made by other Dow Theorists. Some of them saw (as I did but maybe for the wrong reasons) a primary bear […]

Dow Theory Special Issue: Schannep and I brainstorming about the last Dow Theory signal.

posted on: November 19, 2014

Was it a primary bear market signal or just a normal secondary reaction? PART I Readers of this blog know that the last primary bear market signal was not an easy one to discern (or at least was not so much textbook-like). After writing about a primary bear market signal on this Dow Theory blog, […]

Dow Theory Update for November 11: Primary and secondary trends remain unchanged for stocks, gold, silver and their miners

posted on: November 11, 2014

On the last primary bear market signal I have not forgotten that I owe my readers a deeper explanation concerning the last (disputed) primary bear market signal. I have not been losing my time, since to date Schannep of “thedowtheory.com” and author of “Dow Theory for the 21st Century” and I continue discussing this matter […]

Dow Theory Update for October 31: Stocks “in the clear”. Primary bull market signaled

posted on: November 1, 2014

Precious metals true to their primary bear market condition. Time remains in very short supply. So I hope in the coming days to provide you with more ample information. US STOCKS The Transports made a higher closing high on October 28th. The SPY and the Industrials confirmed on October 31st. Since according to my own […]

Dow Theory Update for October 27: Primary bear market for SIL and GDX reconfirmed today

posted on: October 27, 2014

The best and most concise article ever to debunk value and reassert momentum investing The “optimal momentum” blog has just posted and article entitled “Value Investing Redux” which, in less than 3 minutes, manages to explain why momentum (both absolute –trend following- and relative –relative strength-) beat the pants off value investing. Please, spare yourself […]

Dow Theory Special Issue: Happy anniversary 1987 crash! How did the Dow Theory fare?

posted on: October 17, 2014

27 years ago, on October 17th, 1987 we had a crash that we will not forget. Did the Dow Theory leave investors unscathed? Go to this post I published two years ago, and judge for yourself. http://www.dowtheoryinvestment.com/2012/10/special-dow-theory-issue-revisiting.html Sincerely, The Dow Theorist.