Category: Insights

Dow Theory Update for November 12: SIL and GDX draw even closer to a primary bear market signal

posted on: November 12, 2013

Strebler, of the Dow Theory Letters, nails it down with gold Strebler, one of Mr. Russell’s recent associates at the “Dow Theory Letters,” has recently written that the chart of gold, in spite of all wishful thinking, does not show a rosy picture for the metals. He shows that there are strong levels of resistance […]

Dow Theory Update for November 11: Industrials make higher high

posted on: November 11, 2013

SIL and GDX continue at critical juncture. Let’s get started with our Dow Theory commentary for today. US stocks The SPY,Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was […]

Dow Theory Update for November 8: GDX and SIL continue flirting with a primary bear market signal

posted on: November 8, 2013

Industrials make higher high Let’s get started with our Dow Theory commentary for today. US stocks The SPY,Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was much weaker than […]

Dow Theory Update for November 7: Stocks close down on strong volume

posted on: November 7, 2013

GDX and SIL flirting with a primary bear market signal US stocks The SPY,Industrials and Transports closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was much stronger than yesterday’s. Actually, we have […]

Dow Theory Update for November 6: Industrials make higher closing high

posted on: November 6, 2013

Gold and silver remain caught in nowhere’s land US stocks The SPY and Industrials closed up. The Transports closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was lower than yesterday’s, which is […]

Dow Theory Update for Nov 5: Indistinct day with bearish bias

posted on: November 5, 2013

Today is one of those days that bore traders craving for action. As you well know, most of the days are not relevant from a Dow Theory point standpoint. However, the diligent investor is advised to keep an eye on the market on a daily basis. US stocks The SPY, Industrials and Transports closed down. […]

Dow Theory Update for November 4: Transports make higher highs unconfirmed

posted on: November 4, 2013

Volume dries off US stocks The SPY, Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was lower than Friday’s, which is bearish, as higher prices were not met by […]

Dow Theory Update for November 1: GDX and SIL close to signaling a primary bear market signal

posted on: November 1, 2013

Gold and silver remain in secondary reaction against primary bear market Let’s see what the Dow Theory has in store for us today. US stocks The SPY, Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for […]

Dow Theory Update for October 31: Are stocks topping out?

posted on: October 31, 2013

Deflationary day for stocks and precious metals Let’s get started with our Dow Theory commentary for today on this blog. US stocks The SPY, Industrials and Transports closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given […]

Dow Theory Update for October 30: Stocks close down on subpar volume

posted on: October 30, 2013

Precious metals hold their own US stocks The SPY, Industrials and Transports closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was lower than yesterday’s, which is bullish, as lower prices were met […]

Dow Theory Update for October 29: Industrials finally make higher highs

posted on: October 29, 2013

Precious metals back slightly off US stocks The SPY, Industrials and Transports closed up. The Industrials finally managed to break above the 09/18 closing highs (horizontal blue line), which is bullish. The Transports and SPY also made higher highs. Here you have an updated chart. The Industrials finally broke up previous highs. The primary […]

Dow Theory Update for October 28: Trends remain unchanged

posted on: October 28, 2013

Great article on “The Reformed Broker” debunking pet indicators Joshua M Brown’s article “Margin Debt: Another Bogeyman Slain” has done a good job in debunking “doom” indicators, which after careful analyses are proven to be worthless because of the faulty assumptions inherent in them. Thus, Joshua Brown analyses, one by one, the insider selling, the […]