Category: Insights

Dow Theory Update for Jan 15: Mildly bullish day

posted on: January 15, 2013

Gold refuses to confirm silver. Let’s get started with today’s post in this Dow Theory blog. The SPY, the Industrials and the Transports closed up. The Industrials and the Transports have jointly bettered yesterday’s highs which, since yesterday’s action also entailed new confirmed highs, is bullish. The primary trend and secondary trend for stocks remains […]

Dow Theory Update for Jan 14: No changes in trends

posted on: January 14, 2013

Gold and silver up. Today is going to be a short post, since not all days are rich in Dow Theory significant events. The Industrials and Transports closed up. The SPY closed down. The primary and secondary trend remains bullish. Today’s volume was lower than yesterday’s. Since the SPY was down today, I’d say that […]

Dow Theory Special Issue: An Answer to the New Low Observer (NLO)

posted on: January 12, 2013

This post is the consequence of a commentary posted by the New Low Observer (NLO) on an Instablog in Seeking Alpha. You can find the post and NLO’s comments here: Since the NLO’s commentary was very extensive, I decided that my reply would be a new post. I hold the people at the NLO in […]

Dow Theory Update for Jan 11: Stocks mixed. No change in trends

posted on: January 11, 2013

Gold and silver down. Let’s begin with our Dow Theory commentary for today in this blog. The SPY closed down (a cent), the Industrials up and the Transports down. A trendless day. The primary and secondary trend is bullish. Today’s volume was lower than yesterday’s. Since overall it was a bearish day (albeit very muted) […]

Dow Theory Update for Jan 10: Stocks make new highs. Primary trend confirmed bullish

posted on: January 10, 2013

Gold, silver and their miners up. Today is a relevant day for stocks under Dow Theory. The SPY, the Industrials and the Transports have bettered their Jan 4 highs (which at the same time bettered the Jan 2 highs). Under Dow Theory confirmed higher highs is always a bullish sign. Hence, the primary and the […]

Dow Theory Update for Jan 9: Stocks mildly bullish

posted on: January 9, 2013

Gold and silver slightly down Let’s analyze the markets under the prism of the Dow Theory. The SPY, Industrials and Transports closed up. The Transports have bettered its 01/04/2013 highs. However, neither the SPY nor the Industrials have confirmed. The primary trend and secondary trend for stocks is bullish. Volume today was slightly higher than […]

Dow Theory Update for Jan 8: Gold and silver up

posted on: January 8, 2013

Stocks down. Let’s see what the Dow Theory has in store for us today. The SPY, Industrials and Transports closed down in unison today. The primary and secondary trend is bullish. Volume today was higher than yesterday’s. Since it was a down day it has a bearish implication. Gold and silver closed up. As per […]

Dow Theory Update for Jan 7: Weakness prevails

posted on: January 7, 2013

Stocks and precious metals down Let’s get started with our Dow Theory commentary for today. The SPY, Industrials and Transports closed down. The primary trend and secondary trend remain bullish. More about the primary trend bull market signal here and here Volume was down today, since it was a down day, the downward […]

Dow Theory Special Issue: Assessing the current primary bull market signal

posted on: January 5, 2013

If you are a follower of this Dow Theory blog, you know that on January 2, a primary bull market in stocks was signaled. You can find the details here. Well, today, I’d like to expound the intricacies of the current bull market signal. First of all, on January 2, the new bull market was […]

Dow Theory Update for Jan 4: stocks up

posted on: January 4, 2013

Gold might be near making a bottom according to the puke indicator. Let’s begin our Dow Theory commentary for today. What are other Dow Theorists saying? Are they bullish or bearish? Richard Russell, of the Dow Theory Letters, insists on the importance of the September highs. Until the Industrials don’t better such highs, he remains […]

Dow Theory update for Jan 3: Gold and silver fell out of bed

posted on: January 3, 2013

Stocks mildly down. Let’s get started with our Dow Theory commentary for today. It is good to remember that yesterday a primary bull market was signaled by the Dow Theory. You can find the details about such a primary bull market here. Tomorrow or next Saturday, I plan to post a Dow Theory special issue […]

Dow Theory Update for Jan 2: New Year, new primary bull market

posted on: January 2, 2013

Stocks again in a primary bull market. Well, it seems that the stock market wanted to celebrate the New Year by signaling a new primary bull market. I closed last year by writing that: “[b]oth the SPY and Industrials experienced on Dec 28 a pullback exceeding 3% from their 12/18/2012 highs (Industrials: 13350.96; SPY: 145.37). […]