Category: Insights

Dow Theory Update for July 22: SIL and GDX have hitherto refused to signal a primary bull market

posted on: July 23, 2014

Trends remain unchanged for stocks, gold, silver and their miners. My time remains in short supply. However, there is no need for a daily update, as the markets do not deign to change their trends, not even secondary ones. US Stocks. The dreaded (and thousand times wrongly anticipated by many) secondary reaction stubbornly refuses to […]

Dow Theory Update for July 15: Primary and secondary trends unchanged

posted on: July 16, 2014

In spite of recent declines in stocks, gold and silver and their respective miners ETFs, trends remain unchanged. Here you can find my in-depth assessment of the current situation. http://www.dowtheoryinvestment.com/2014/07/dow-theory-update-for-july-11-primary.html Sincerely,The Dow Theorist

Dow Theory Update for July 11: Primary Trend could turn bullish soon for gold and silver miners

posted on: July 11, 2014

Trends for Stocks remain unchanged This is going to be a chaotic Dow Theory update, as time remains in short supply. It is likely that during next week I will not be able to post, even though I will try to alert you, if I see that trends have changed. Furthermore, I will not stick […]

Dow Theory Update for July 7: Stocks close down and trends remain unchanged

posted on: July 8, 2014

Precious miners consolidating. This is going to be a short Dow Theory post, since time is in short supply. Furthermore, it is likely that I am not going to post on a daily basis. However, I keep monitoring the markets, and should trends (primary and secondary) change, I would alert you through my blog. Stocks […]

Dow Theory Update for July 2: SPY and Industrials make higher closing highs

posted on: July 2, 2014

US Stocks The SPY and Industrials closed up. The Transports closed down. The primary trend remains bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, 2013, and November 13th, 2013 and March 7th, 2014, for the reasons given here, here and here. So the current primary […]

Dow Theory Update for July 1: Stocks make confirmed higher closing highs

posted on: July 1, 2014

Secondary reaction averted US Stocks The SPY, Industrials and Transports closed up. They made higher closing highs (confirmed), which has two implications: a) It is bullish. One day the primary bull market will end, but technically we have been wise not to outsmart the market and stick with the trend. b) It averts the impending […]

Dow Theory Update for June 30: Time requirement for secondary reaction in stocks met (Percentage decline requirement not yet)

posted on: June 30, 2014

Gold, Silver and their miners ETFs made higher (minor) highs US Stocks The SPY closed down. The Transports and Industrials closed up. Stocks are clearly losing momentum. Let’s keep a watchful eye on them, as any decline exceeding 3% could usher stocks into a secondary reaction, since the time requirement for a secondary reaction has […]

Dow Theory Update for June 27: SLV and GLD have not jointly violated the last recorded primary bear market lows for ONE year

posted on: June 27, 2014

Stocks close modestly up and remain prior last recorded closing highs. US Stocks The SPY, Transports and Industrials closed up. The primary trend remains bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, 2013, and November 13th, 2013 and March 7th, 2014, for the reasons given […]

Dow Theory Update for June 26: No big news and trends unchanged

posted on: June 26, 2014

Silver edges slightly higher but gold refuses to confirm I didn’t have the time to post yesterday, and it was unnecessary as trends did not change. Sorry! US Stocks The SPY, Transports and Industrials closed down. The primary trend remains bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as […]

Dow Theory Update for June 24: Stocks closed down and trends unchanged

posted on: June 24, 2014

GLD and SLV edge modestly up and make higher minor highs US Stocks The SPY, Transports and Industrials closed down. Last Friday I wrote a Dow Theory special issue where I alerted readers about surging bearish volume. Today’s action seems to confirm that a top has been made. However, it remains to be seen whether […]

Dow Theory Update for June 23: We shouldn’t be cocksure, mindless technicians

posted on: June 23, 2014

Trends unchanged In the last few days, I have written several posts disdaining fundamentalist myopia (for example, here and here). I could even look cocksure about the infallibility of technical analysis (and especially the Dow Theory), and, hence, as myopic as the very fundamentalists I criticize. So, yes: I have my fundamentally-based fears. Of course, […]

Dow Theory special issue: Today’s volume for the S&P 500 has been very bearish

posted on: June 20, 2014

Intelligent money (whatever that is) seems to be dumping S&P stocks While this doesn’t entail a primary bear market signal, nor (at least yet) a secondary reaction against the primary bull market, it certainly displays that something is brewing. Given that the S&P closed down, I’d say today’s huge volume might be indicative of, at […]