Category: Insights

Dow Theory Update for May 23: SPY makes higher closing high and confirms the Transports

posted on: May 23, 2014

Danielle Parkdebunks buy and hold. Danielle Park’s blog “Jugglingdynamite” nails it down. It exposes the hypocrisy of the ultra rich when it comes to favoring buy and hold. Her points are: · Drawdown tolerance and time horizon dramatically differ between “the very rich” and the smaller shareholders. · Book value gains are nice and dandy […]

Dow Theory Update for May 19: Stocks plummet, and Trends remain unchanged

posted on: May 20, 2014

Lower minor low made April 15 by SLV remains unconfirmed by GLD US Stocks The SPY and Industrials closed down. Yesterday, the Transports made a higher closing high which was not confirmed by either the SPY or Industrials. Confirmation should follow soon, so that we don’t consider the last rally suspect. Today’s action makes such […]

Dow Theory Update for May 19: Transports make higher closing high unconfirmed

posted on: May 19, 2014

Coiling in precious metals intensifies. US Stocks The SPY and Industrials closed up. The Transports made a higher closing high which has not been confirmed by either the SPY or Industrials. Confirmation should follow soon, so that we don’t consider the last rally suspect. The primary trend remains bullish, as explained here, and more in-depth […]

Dow Theory Update for May 16: Trends remain unchanged

posted on: May 16, 2014

And no time to post today. Sincerely,The Dow Theorist

Dow Theory Update for May 15: Trends unchanged. No post today.

posted on: May 15, 2014

Sincerely,The Dow Theorist

Dow Theory Update for May 14: Stocks close down. Trends unchanged

posted on: May 14, 2014

Gold and Silver’s and GDX and SIL’s coiling continues. US Stocks The SPY and Industrials 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 […]

Dow Theory Update for May 13: No news, no post.

posted on: May 13, 2014

Hopefully, tomorrow brings us more news. Sincerely,The Dow Theorist

Dow Theory Update for May 12: Stocks make confirmed higher highs

posted on: May 12, 2014

Richard Russell on valuations I have written in the past that I am very skeptical as to the yardsticks used in order to determine values. Among many reasons, I believe that using a fixed figure like PER>20 “expensive” is self-defeating as the total capital stock of the economy changes and the underlying rate of discount […]

Dow Theory Update for May 9: Industrials made a higher closing high unconfirmed

posted on: May 9, 2014

Speaking theUnspeakable This is the title of the article penned by John Rekenthaler, Vice President of Research of Morningstar. So, what’s the Unspeakable? Answer: The validity of technical analysis as a legitimate investment tool. The article makes clear that technical investing, and particularily, momentum investing definitely tends to put investors on the right side of […]

Dow Theory Update for May 8: No noteworthy news

posted on: May 8, 2014

And little time available= no Dow Theory commentary today Sincerely, The Dow Theorist

Dow Theory Update for May 6: Trends unchanged

posted on: May 6, 2014

No time for lengthy posts today. Nonetheless, trends remain unchanged. Sincerely, The Dow Theorist

Dow Theory Update for May 5: SPY makes a higher closing high unconfirmed

posted on: May 5, 2014

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 […]