Category: Insights

Dow Theory Update for January 15: Transports make higher closing high unconfirmed

posted on: January 15, 2014

Can we properly value stocks? Dave Moenning, of the “StateoftheMarkets.com” has penned a brief and insightful article titled “The Market Math of Valuations” which clearly explains why traditional metrics of valuation are more often than not misguiding. You can read his article here: Of course, if valuation is a very elusive subject, then we are […]

Dow Theory Update for January 14: Stocks close up, albeit they fail to make higher closing highs

posted on: January 14, 2014

Trends persist in all asset classes. Followers of this Dow Theory blog know that I am fond of the research of Dorsey Wright. Recently, they have posted an interesting article explaining that trends are not an isolated phenomenon for stocks. Trends exist in all asset classes. What is even more important is that trends persist. […]

Dow Theory Update for January 13: Stocks and gold and silver miners close to changing secondary trend

posted on: January 13, 2014

However, we are not there yet If you are interested in reading the 2013 Dow Theory review please go here. You’ll see that we tended to be on the right side of the market most of the time. US stocks The SPY, the Industrials and the Transports closed down. The Industrials and SPY made lower […]

Dow Theory Update for January 10: Transports make higher closing highs unconfirmed

posted on: January 10, 2014

Precious metals gather some strength, albeit bearish trend remain unchanged If you are interested in reading the 2013 Dow Theory review please go here.You’ll see that we tended to be on the right side of the market most of the time. US stocks The SPY, and the Transports closed up. The Industrials closed down. The […]

Dow Theory Update for January 9: Irrelevant day for stocks…

posted on: January 9, 2014

…although the Dec 31 closing highs remain untouched. Let’s get started with our Dow Theory commentary for today. If you are interested in reading the 2013 Dow Theory review please go here. You’ll see that we tended to be on the right side of the market most of the time. US stocks The SPY, and […]

Dow Theory Update for January 8: Stocks should move up quickly or….

posted on: January 8, 2014

… A secondary reaction might be in the making Let’s get started with our Dow Theory commentary for today. If you are interested in reading the 2013 Dow Theory review please go here. You’ll see that we tended to be on the right side of the market most of the time. US stocks The SPY, […]

Dow Theory Update for January 7: Stocks well bid today but fail to make higher highs

posted on: January 7, 2014

And Trends remain unchanged If you are interested in reading the 2013 Dow Theory review please go here. You’ll see that we tended to be on the right side of the market most of the time. US stocks The SPY, Industrials and the Transports closed up. However, the 12/31 closing highs remain unbroken. The […]

Dow Theory Update for January 6: Trends remain unchanged

posted on: January 6, 2014

Stocks close down. Too soon to tell whether we are in the midst of a new secondary reaction. After several days of heavy blogging activity, which include a must-read review of how our Dow Theory analysis fared versus buy and hold in 2013, as you can see here, and some others topics (Dow Theory performance […]

Dow Theory special issue: Dow Theory Review for 2013.

posted on: January 3, 2014

Putting 2013 in perspective Let’s briefly recap how our Dow Theory analysis fared in 2013. Did we do a good job at determining the primary trend of the markets? This post should be an eye-opener for many skeptics. US Stocks The year began on January 2 with a primary bull market signal, as you can […]

Dow Theory Update for January 3: Strebler, of the Dow Theory Letters, nails it as to the power of trends

posted on: January 3, 2014

Precious metals strong, but trends unchanged Jon Strebler, Richard Rusell’s associate at the “DowTheory Letters” has recently nailed it down when he wrote: “Stocks can’t continue this [going up] forever¸ but they can do anything they want for longer than you or I think they are irrational” By the way, I like the way Strebler […]

Dow Theory Update for January 2: Are stocks topping out?

posted on: January 2, 2014

In spite of some today’s up close, precious metals remain in the grips of the bear Tom Vician is a successful trend follower. His latest post in his “TrendFollowing Trader” blog alerts us that markets are severely overbought, both technically and in sentiment. Furthermore, he notes that the market laggards have recently outperformed the market. […]

Dow Theory Update for December 31: Stocks close up making confirmed higher highs

posted on: December 31, 2013

Precious metals finish the year close to lowest lows Let’s get started with our last Dow Theory commentary for 2013. US stocks The SPY, Industrials and the Transports closed up and made confirmed higher closing highs. As a faithful trend follower, I can only say that the primary bull market continues unabated. Maybe it […]