Category: Insights

Dow Theory Update for August 12: Gold and silver miners still close to signaling primary bull market signal

posted on: August 12, 2013

Stocks indecisive Let’s get started with our Dow Theory commentary for today on this blog. Stocks The SPY and Industrials closed down. The transports closed up. Nothing relevant under the Dow Theory. The primary and secondary trend is bullish, as explained here, and more in-depth here. Today’s volume was lower than Friday’s. Since stocks closed […]

Face off: Schannep versus “classical” Dow Theory

posted on: August 9, 2013

Part II. Overall performance figures Today we will continue our comparison of the “Rhea/classical” Dow Theory versus the Schannep’s version thereof. Our previous post, which you can find here, set out the premises of our study, as it is important to do a real “apple to apples” comparison. Today, we will begin to evaluate the […]

Dow Theory Update for August 9: Gold and silver miners close to flashing primary bull market signal

posted on: August 9, 2013

Stocks close down More in-depth analysis of the Dow Theory Later today, I will post the next issue of the saga “Face off: Schannep versus “classical” Dow Theory”, whose first part can be found here. Zero Hedge sheds some light on the physical gold situation. Here you can find an interesting article concerning physical gold […]

Dow Theory Update for August 8: Precious metals gap up. Stocks close up

posted on: August 8, 2013

Primary and secondary trends unchanged Next weekend, I will post the next issue in the saga “Face off: Schannep versus “classical” Dow Theory”, whose first part can be found here. Let’s examine the markets under the prism of the Dow Theory Stocks The SPY, Industrials and Transports closed down. The primary and secondary trend is […]

Dow Theory Update for August 7: Stocks closed down. Trends unchanged

posted on: August 7, 2013

GLD and SLV close modestly positive Let’s get started with our Dow Theory commentary for today. Stocks The SPY, Industrials and Transports closed down. The primary and secondary trend is bullish, as explained here, and more in-depth here. Today’s volume was lower than yesterday’s. Since stocks closed down, expanding volume has a bullish connotation. Volume […]

Dow Theory Update for August 6: Deflationary day. Stocks and precious metals fall

posted on: August 6, 2013

Richard Russell has had enough of this bull market Yesterday Richard Russell, of the “Dow Theory Letters”, wrote he was going to stay on the sidelines. While he acknowledges that according to strict Dow Theory the market is bullish, poor valuations prompted him to say “enough” and kiss good bye to stocks. A future post […]

Dow Theory Update for August 5: Primary bull market setup progresses for SIL and GDX

posted on: August 5, 2013

However, SIL and GDX’ trend remains bearish Today has been a relevant day when we examine the markets under the prism of the Dow Theory. Stocks The SPY, Transportors, and Industrials closed down. The primary and secondary trend is bullish, as explained here, and more in-depth here. Today’s volume was lower than Friday’s. Since overall […]

Dow Theory Update for August 2: Trends remain unchanged

posted on: August 2, 2013

Stocks closed mostly up. Let’s begin our Dow Theory commentary for today. Stocks The SPY and Industrials closed up. The Transports closed down. The primary and secondary trend is bullish, as explained here, and more in-depth here. Today’s volume was lower than yesterday’s. Since overall the stocks market was “up”, contracting volume has a bearish […]

Dow Theory Update for August 1: Stocks make confirmed higher highs

posted on: August 1, 2013

Primary bull market for stocks re-confirmed Stocks The SPY, Industrials and the Transports closed up. The three indices we monitor bettered the most recent recorded closing highs, and accordingly the primary bull market has been re-confirmed. Here you have the chart that says it all: Primary bull market re-confirmed today The primary and secondary […]

Dow Theory Update for July 31: Stocks and precious metals meandering

posted on: July 31, 2013

Trends unchanged Let’s analyze the markets under the prism of the Dow Theory. It is summer time, and, accordingly, this commentary will be short in the following days unless something really relevant is spotted on the charts. Any energy and free time left will be devoted to continuing the saga “Face off: Schannep versus “classical” […]

Dow Theory Update for July 30: Indecisive day for stocks

posted on: July 30, 2013

Precious metals close down Let’s get started with our Dow Theory commentary on this blog for today. Stocks The SPY closed unchanged and the Industrials closed down. The Transports closed up. Here you have an updated chart reflecting the latest action of the three indices we monitor: Primary and secondary trend remains bullish The primary […]

Dow Theory Update for July 29: Stocks and precious metals close down

posted on: July 29, 2013

Trends remain unchanged. Stocks The SPY, Industrials and Transports closed down. The primary and secondary trend is bullish, as explained here, and more in-depth here. Today’s volume was lower than Friday’s, which is bullish as lower prices were not confirmed by expanding volume. The overall pattern of volume is bearish. Gold and Silver SLV and […]