Category: Insights

Dow Theory Update for February 18: Precious metals shine

posted on: February 18, 2014

Stocks take a breather Let’s begin with our Dow Theory commentary for today. US stocks The Transports and the Industrials closed down, and the SPY closed up. Volume (total volume for the S&P 500) was bullish, as higher prices were supported by expanding volume. However, if we use as our reference the SPY’s volume, volume […]

Dow Theory Update for February 14: Precious metals and their miners gather upside momentum

posted on: February 14, 2014

Stocks closed up on bearish volume Let’s begin with our Dow Theory commentary for today. US stocks The Transports, the Industrials and the SPY closed up. Volume was bearish, as higher prices were not supported by expanding volume. The overall pattern of volume remains bearish. Volume ominously declines as the rally advances. Furthermore, the high […]

Dow Theory Update for February 13: Gold, Silver, GDX and SIL make higher closing highs

posted on: February 13, 2014

Stocks remain caught in nowhere’s land Let’s begin with our Dow Theory commentary for today. US stocks The Transports, the Industrials and the SPY closed up. Volume was bearish, as higher prices were not supported by expanding volume. The overall pattern of volume remains bearish. Furthermore, the high volume we saw when prices were declining […]

Dow Theory Update for February 12: No big news today

posted on: February 12, 2014

Trends unchanged Today’s is going to be a short Dow Theory commentary. No noteworthy movement was seen on either stocks or precious metals. Trends remain unchanged. If you want to see the current primary and secondary trends, please go to my yesterday’s post, which you can find here. Sincerely, The Dow Theorist.

Dow Theory Update for February 11: Gold and Silver universe surge

posted on: February 11, 2014

And trends remain unchanged Let’s see what the Dow Theory has in store for us today. US stocks The Transports, the Industrials and the SPY closed up. Volume was bullish as today’s volume was higher than yesterday’s. Stocks remain at crossroads, as explained here: Either a primary bear market will be signaled if they swoon […]

Dow Theory Update for February 10: Gold and silver miners secondary (bullish) reaction confirmed today

posted on: February 10, 2014

Stocks indecisive. Let’s begin our Dow Theory commentary for today. US stocks The Transports closed down, the Industrials and the SPY closed up. Volume was bearish as today’s volume was lower than Friday’s. As I have been written in the last few days, I still have to see a volume explosion on an “up” day. […]

Dow Theory Update for February 7: Stocks set up for either a primary bear market or re-confirmation of primary bull market.

posted on: February 7, 2014

Dow Theory trailing stop raised and profits likely to be locked in. Today is one of those sparse days which are relevant under the Dow Theory. However, since one never knows when the “relevant” day is going to occur, the diligent Dow Theorist should monitor the markets daily. With no more preamble, let’s get started. […]

Dow Theory Update for February 6: Stocks close up on unconvincing volume

posted on: February 6, 2014

Precious metals should move either way soon Let’s begin our Dow Theory commentary for today. US stocks The Transports, the Industrials and the SPY closed up. Volume was bearish as today’s volume was lower than yesterday’s. The overall pattern of volume remains bearish. If today’s volume had been remarkably strong, then I’d seen a change […]

Dow Theory Update for February 5: Stocks close down and volume retreats

posted on: February 5, 2014

Downside momentum subsides Let’s begin our Dow Theory commentary for today. US stocks The Transports, the Industrials and the SPY closed mildly down. Volume, for the first time in the last few days, was bullish as today’s volume was lower than yesterday’s. Today’s bullish volume notwithstanding, the overall pattern of volume remains bearish. However, if […]

Dow Theory Update for February 4: Stocks close up on shrinking volume

posted on: February 4, 2014

Secondary reaction in stocks continues US stocks The Transports, the Industrials and the SPY closed up. Volume, once again, was bearish as today’s volume was lower than yesterday’s. So the pattern I’ve signaling during the last few days of expanding volume on declines and contracting volume on rallies continues. I feel today’s rally was the […]

Dow Theory Update for February 3: Secondary reaction against primary bull market extends stock losses

posted on: February 3, 2014

Stocks fall out of bed on surging volume US stocks The Transports, the Industrials and the SPY closed down and made lower lows. Volume, once again, was bearish as today’s volume was higher than last Friday’s. So, we are seeing expanding volume on declines and contracting volume on rallies…not a nice picture. While excessive bearish […]

Dow Theory Update for January 31: Stocks close down on increasing volume

posted on: January 31, 2014

Gold and silver should rally soon or else…. Let’s begin our Dow Theory commentary for today. US stocks The Transports, the Industrials and the SPY closed down. Volume, once again, was bearish as today’s volume was higher than yesterday’s (when stocks closed up). So, we are seeing expanding volume on declines and contracting volume on […]