Dow Theory Update for May 8: No noteworthy news
And little time available= no Dow Theory commentary today Sincerely, The Dow Theorist
And little time available= no Dow Theory commentary today Sincerely, The Dow Theorist
No time for lengthy posts today. Nonetheless, trends remain unchanged. Sincerely, The Dow Theorist
Gold and Silver remain caught in very tight range Let’s see what the Dow Theory has in store for us today. US Stocks The SPY and Industrials closed up, and the SPY made a higher high (unconfirmed). The Transports closed down. The Industrials and Transports should confirm soon, so that I don’t begin to […]
And, unless I see something important, no post tomorrow. Sincerely, The Dow Theorist
The Industrials finally break above the December 31 closing high Recently I wrote two times about the “coiling” of several markets. I said that the consolidation implies that a significant movement may be under gestation. You can find my two posts here and here. Well, it seems that Zero Hedges, a couple of days later, […]
“coiling” continues Let’s see what the Dow Theory has in store for us today. Not much. US Stocks The SPY, Industrials and Transports closed up. The higher highs made by the Transports remain unconfirmed for the time being. Remember that some days ago I noted that I saw not only lack of confirmation but also […]
After having posted some hours ago an article concerning interest rates and how I see them coiled, I have exhausted my time to post. Since trends (primary and secondary) remain unchanged, I refer to my latest Dow Theory market analysis, which you can find here: http://www.dowtheoryinvestment.com/2014/04/dow-theory-update-for-april-25-are.html Sincerely, The Dow Theorist
In my last post, I wrote about consolidations I see occurring in several markets. Well, let’s take a look at interest rates (TLT and IEF, the 20+ years and 7-10 years bonds ETFs, respectively). It will be a very cursory analysis, as my time remains in short supply. Here you have the vital chart which […]
Gold and Silver miners ETFs display remarkable strength I see the markets coiled. While this is not strict Dow Theory, and you know I am very adamant about departing from the Dow Theory, I see that many markets are in a no-man’s land and getting ready to make a big move (the issue is: […]
Go to my yesterday’s post to acquaint yourself with the current trends for stocks, gold and silver and their mining ETFs. http://www.dowtheoryinvestment.com/2014/04/dow-theory-update-for-april-23-again.html Sincerely, The Dow Theorist
Trends remain unchanged. US Stocks The SPY, Industrials closed down. The Transports closed up and scored a higher high, which remains unconfirmed. Furthermore, today we did also see divergence, as the other indices we monitor closed down. Let’s see what happens, but the SPY and Industrials should resume their rally soon or a secondary reaction […]
SLV makes lower closing lows unconfirmed by GLD US Stocks The SPY, Industrials and Transports closed up on decreasing volume, which has bearish connotation. Take a look at the chart below red arrows (bearish volume days) dominate the landscape. Furthermore, volume tended to contract during the latest rally, which is not bullish. The highest volume […]