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
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 […]
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. […]
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 […]
And no trend has been changed US Stocks The SPY, Industrials and Transports closed up on increasing volume (which is bullish) 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 […]
Gold and silver miners close up, once again. Today’s in going to be a brief post. Stocks closed up. GLD closed down (by a few ticks) and SLV closed up. SIL and GDX closed up. All trends (primary and secondary) remain unchanged. More information about them in my yesterday’s post: http://www.dowtheoryinvestment.com/2014/03/dow-theory-update-for-march-27-gold-and.html Sincerely, The Dow Theorist
Stocks extend their decline, albeit trends remain unchanged. Let’s get started with our Dow Theory commentary for today. US Stocks The SPY, Industrials and Transports closed down on increasing volume (which is bearish) In spite of the declines we have witnessed of late, the secondary trend has not changed and remains bullish. Please mind […]
Precious metals take a rest. Let’s get started with our Dow Theory commentary for today. US Stocks The SPY, Industrials and Transports closed up on unconvincing volume. 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 […]
Stocks and precious metals continue declining US Stocks The SPY, Industrials and Transports closed down. In spite of all the recent declines, the secondary trend has not changed yet. Ditto for the primary trend. The primary trend remains bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October […]
Are Chinese stocks under a bear market? Even though all trends (primary and secondary remain unchanged), today’s been an interesting day. Recently, Zero Hedge posted an article entitled “Chinese Stocks enter Bear Market Following 2 More Defaults Overnight”. As per Zero Hedge, Chinese stocks have declined more than 20% and, hence, they entered a primary […]
Precious metals consolidate. US Stocks The SPY and Industrials closed up. The Transports closed up. Here you have an updated chart depicting the latest price action: Under the Dow Theory I give the benefit of doubt to the bullish case The primary trend remains bullish, as explained here, and more in-depth here. The primary trend […]
