Category: Insights

Dow Theory Update for Nov 20: Neutral day. No changes in trends.

posted on: November 20, 2012

After a real avalanche of Dow Theory relevant events in the last few days, today it has been a relatively calm day. So I’ll endeavor to keep this post on this Dow Theory blog short. Stocks were neutral today. The Industrials were mildly down today. The Transports closed down by some cents, and the SPY […]

Dow Theory Update for Nov 19: False signal or short squeeze?

posted on: November 19, 2012

No change in trends. Let’s get started with our Dow Theory commentary for today. Today the markets were on a bullish note. The three stocks indices we monitor close strongly up. Volume was much lower today, which has a bearish connotation, since it was an up day. Furthermore, the last recorded pivot low had lower […]

Dow Theory special issue: After the dust has settled. Weekend commentary to the Dow Theory primary bear market signal

posted on: November 16, 2012

Putting things in perspective Well, we are some hours after the close heading into the weekend, and it is a good time to assess the stock market action and primary bear market signal issued by the Dow Theory. You can find in this postof this Dow Theory blog the basic information concerning the Dow Theory […]

Dow Theory Update for Nov 16: Primary bear market for stocks signaled today

posted on: November 16, 2012

Keep an eye on gold and silver Well, we finally got our primary bear market signal under Dow Theory. We got it by just some cents, but we got it after all. Today the Transports closed at 4891.27. The secondary reaction lows of the Transports of 09/28/2012 stood at 4892.62. So just by some cents […]

Dow Theory Update for Nov 15: No primary bear market signal yet

posted on: November 15, 2012

Bearish day for precious metals too. Let’s explore what the market has in store for us today. Stocks, again, closed down. The big news is that the Transports refused to break its 09/28/2012 lows. At least for one more day the primary bear market signal has been avoided. Today’s volume was lower than yesterday’s, which […]

Dow Theory Update for Nov 14: The last gasp of a bull market?

posted on: November 14, 2012

Transports fail to violate its 09/28/2012 lows but may do it very soon. Let’s begin with our Dow Theory commentary for today in this blog. The SPY, Industrials and Transports closed strongly down. The Transports almost violated its 09/28/2012 lows, but failed to do so. Today’s close for the Transports was 4926.12 whereas the secondary […]

Dow Theory Update for Nov 13: Secondary reaction for gold and silver miners ETF signaled today

posted on: November 13, 2012

Stocks down. No technical change yet. Let’s gets started with our Dow Theory commentary for today. Stocks closed down today. The Transports, in spite of closing down, continue displaying greater relative strength. I don’t know whether this is a plus or a minus because the longer it takes for the Transports to violate their […]

Dow Theory Update for Nov 12: Gold and silver setting up for primary bear market signal

posted on: November 12, 2012

No technical changes until now After our rather dense “Dow Theory Special Issue” of last Saturday, let’s get started with something lighter for today. The SPY and Transports closed up. The Industrials closed down by a mere -0.23 point. Since the SPY and the Transports closed up, I’d say that basically it was an […]

Dow Theory special issue: Is the primary trend for stocks about to change?

posted on: November 10, 2012

As I promised in my previous post on this Dow Theory blog, let’s analyze the current juncture of the stock market, since, as per my interpretation of the Dow Theory, we have the perfect set up for a primary bear market signal. There is only one last shoe left to drop; namely, the Transports breaking […]

Dow Theory Update for Nov 10: Stocks on thin ice.

posted on: November 10, 2012

Primary trend for stocks might change to bearish very soon. Nov 10 was one of these days that are relevant under Dow Theory. The Industrials and the SPY closed mildly up. The Transports closed clearly down displaying for the first time in the last few weeks less strength than its peers. Volume was lower than […]

Dow Theory Update for Nov 9 to be posted tomorrow Saturday

posted on: November 9, 2012

Tomorrow I will post the Dow Theory Update for Nov 9. Stay tuned. Sincerely, The Dow Theorist

Dow Theory Update for Nov 8: Gold/Dow ratio turns bullish in favor of gold

posted on: November 8, 2012

Precious metals mostly up Let’s begin with our brief Dow Theory analysis for today in this blog. The SPY, Industrials and Transports closed down. The Transports continue, by far, displaying greater relative strength. However, we have to keep an eye on the action of the Transports in the coming days. From the 09/28/2012 lows […]