Category: Insights

Dow Theory Update for April 30: Zero Hedge sees interest rates and the USD coiled too

posted on: April 30, 2014

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, […]

Dow Theory Update for April 29: Another indinstinct day

posted on: April 29, 2014

“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 […]

Dow Theory Update for April 28: No changes in Trends

posted on: April 28, 2014

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

Coiled markets and the Dow Theory: A closer look to TLT and IEF ETFs

posted on: April 28, 2014

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 […]

Dow Theory Update for April 25: Are markets setting up for an explosive move?

posted on: April 25, 2014

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: […]

Dow Theory Update for April 24: No news and no time to post

posted on: April 24, 2014

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

Dow Theory Update for April 23: Again Transports make higher high unconfirmed

posted on: April 23, 2014

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 […]

Dow Theory Update for April 22: Transports make higher closing highs unconfirmed

posted on: April 22, 2014

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 […]

Dow Theory Update for April 21: The mother of bear markets and the Dow Theory

posted on: April 21, 2014

Revisiting Russell’s bearish stance under the prism of the Dow Theory In my last post, which you can find here, I explained that Richard Russell of the “Dow Theory Letters” thought that the mother of bear markets might be in the making. I gave several reasons whereby I thought such a statement is not sufficiently […]

Dow Theory Update for April 17: Russell, of the Dow Theory Letters, allegedly ignoring the Dow Theory

posted on: April 17, 2014

Trends for stocks and precious metals remain unchanged It’s been a long time, I didn’t write about Richard Russell, of the Dow Theory Letters, as I am busy enough minding my own business and trying to determine the primary trend of the market. However, recently Russell wrote that there is “no way of knowing […]

Dow Theory Update for April 16: Stocks close up on bearish volume

posted on: April 16, 2014

Precious metals remain indecisive. US Stocks The SPY, Industrials and Transports closed up on diminishing volume, which has a bearish connotation. The overall pattern of volume is bearish. Look at the chart below: Red arrows (bearish volume days dominate the landscape). Volume is bearish The primary trend remains bullish, as explained here, and more […]

Dow Theory Update for April 15: Stocks close up and trends remain unchanged

posted on: April 15, 2014

Precious metals look weak. As you can guess, I am very short of time, since yesterday I skipped posting. Nonetheless, nothing has been missed. Yesterday and today have been two days where nothing significant has happened from a Dow Theory standpoint. Primary and secondary trends remain unchanged for stocks, gold and silver and their miners […]