Category: Insights

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 […]

Dow Theory Update for April 11: Stocks extend losses

posted on: April 11, 2014

Precious metals decline modestly. Today was another day when, in spite of all the hype, nothing relevant under the Dow Theory has happened. Primary and secondary trends for all the markets I monitor remain unchanged. So I will stop here. For more info concerning the current trends, you can go to this post: http://www.dowtheoryinvestment.com/2014/04/dow-theory-update-for-april-9-stocks.html Sincerely, […]

Dow Theory Update for April 10: Stocks collapse on bearish volume. Trends remain unchanged, though

posted on: April 10, 2014

Gold and silver shine, but miners don’t. No time today for a lengthy post. In spite of the almost apocalyptic decline, the trend for stocks has not changed. Once again, you see that daily observations, while necessary, are mainly noise. The trend for precious metals and their mining stocks remains unchanged. Sincerely, The Dow Theorist.

Dow Theory Update for April 9: Stocks extend gains against bearish volume pattern

posted on: April 9, 2014

And trends remain unchanged. Well, today’s another day where trends (even secondary ones) remain unchanged. The only thing I see on the charts is ominously bearish volume for stocks. I also see on the charts that China, all the gloom and doom notwithstanding, remains in a primary bull market (I weak one, admittedly). There is […]

Dow Theory Update for April 8: Stocks modestly rebound on shrinking volume

posted on: April 8, 2014

Precious metals close modestly up. Today was another indistinct day under the Dow Theory, which is good, since the primary trend (and even the secondary one) is not apt for hectic traders. US Stocks The SPY, Industrials and Transports closed up on shrinking volume, which has a bearish connotation. The overall pattern of volume is […]

Dow Theory Update: In spite of today’s rout, trends remain unchanged for stocks

posted on: April 7, 2014

Ditto for gold and silver No time for long posts today. Today’s action has been irrelevant from a Dow Theory standpoint. Sincerely, The Dow Theorist

Dow Theory Update for April 3: Stocks close down, and Trends remain unchanged

posted on: April 3, 2014

Industrials continue below their Dec 31, 2013 closing highs US Stocks The SPY, Industrials and 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 […]

Dow Theory Update for April 2: SPY and Transports make higher closing highs

posted on: April 2, 2014

Industrials fail to exceed their Dec 31, 2013 closing highs by a hair. US Stocks The SPY, Industrials and Transports closed up on diminishing volume (which is bearish) The SPY and Transports made higher closing highs, unconfirmed by the Industrials, even though they failed to exceed their Dec 31, 2013 closing highs by a hair. […]

Dow Theory Update for April 1: Transports make higher closing highs unconfirmed by the SPY and Industrials

posted on: April 1, 2014

Precious metals consolidate Let’s see what the Dow Theory has in store for us today. US Stocks The SPY, Industrials and Transports closed up on diminishing volume (which is bearish) The Transports made higher closing highs, unconfirmed by the SPY and Industrials. The longer the lack of confirmation persists, the higher the odds for a […]