Category: Insights
Dow Theory Update for March 25: Stocks close up on dwindling volume
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 […]
Dow Theory Update for March 24: SIL and GDX set up for primary bull market signal
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 […]
Dow Theory Update for March 21: Stocks closed down on huge volume
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 […]
Dow Theory Update for March 20: SPY and Industrials close up, and Transports diverge
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 […]
Dow Theory Update for March 19: Stocks precious metals closed down
And all trends remain unchanged Today I am short of time. Since trends remain unchanged, I refer to this post for more information. Sincerely, The Dow Theorist
Dow Theory Update for March 18: No big news. Stocks closed up
And precious metals universe closed down. Today I am short of time. Since trends remain unchanged, I refer to my yesterday’s post for more information. Sincerely, The Dow Theorist
Dow Theory Update for March 17: Stocks closed up, and trends remain unchanged
A rare rant (II) Some days agoI wrote that I had decided not to renew my subscription to a well-known market advisory. Well, I am happy to report that I did not go cold turkey in spite of foregoing my daily “fix” of market commentaries. Furthermore, the time elapsed allows me to see things more […]
Dow Theory Update for March 14: Stocks close down on diminishing volume
Gold and Silver closed up but technically nothing has been accomplished yet 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 […]
Dow Theory Update for March 13: Stocks decline sharply
And trends remain unchanged Today’s is another day when sharp movements in stocks and gold (and GDX) mean nothing from a long (and even medium) term perspective. Accordingly, trends (even secondary ones) remain unchanged. US Stocks The SPY, Industrials and Transports closed down. The primary trend remains bullish, as explained here, and more in-depth here. […]
Dow Theory Update: Trends unchanged. No news
And no post today…:=)
Dow Theory Update for March 10: Stocks decline modestly
Primary bull market was re-confirmed last Friday, March 6th. After last Friday’s re-confirmation of the primary bull market in stocks, today there is a paucity of news. US Stocks The SPY, Industrials and Transports closed down. Last Friday, March 6th, the Transports finally broke above the January 23rd, 2013 closing highs, thereby confirming the SPY […]