Category: Insights

Dow Theory Update for Dec 3: Stocks under secondary reaction

posted on: December 3, 2012

Stocks down. Gold and silver up. Let’s analyze the markets under the prism of the Dow Theory. The SPY, the Industrials and the Transports closed down today. The secondary trend has turned bullish, which means that the current rally now qualifies as a secondary reaction against the primary bearish trend. Since the lows of 11/15/2012 […]

Dow Theory Update for Nov 30: No change in trends

posted on: November 30, 2012

Bearish bias Today is going to be a short post in this Dow Theory blog. The Industrials closed up. The Transports and SPY closed down. The primary trend and secondary remain bearish. Volume was very high. Since overall it was a down day, it was, again, a bearish volume day. Volume continues bearish and is […]

Dow Theory Update for Nov 29: No changes in trends.

posted on: November 29, 2012

Stocks and precious metals up. Let’s see what the Dow Theory has in store for us today. Yesterday I finished my post on this Dow Theory blog by promising information about SIL and GDX. Should we raise our stops? The full answer at the bottom of this post. Stocks closed up today. There was unanimity. […]

Dow Theory Update for Nov 28: Exit points changed for GLD and SLV. Profits likely to be locked in

posted on: November 28, 2012

No change in trends. Today, there are important changes that affect both GLD and SLV. Read intently the end of this post on this Dow Theory blog. Stocks closed up today. Technically, under Dow Theory, both the primary trend and secondary trend remain bearish. Volume was mildly bullish, as it was higher than yesterday’s in […]

Dow Theory Update for Nov 27: Markets down. No changes in trends

posted on: November 27, 2012

Volume for stocks very bearish Let’s get started with our Dow Theory analysis in this blog for today. The SPY, Industrials and Transports closed down again. Under Dow Theory nothing has changed. The primary trend and the secondary trend remain bearish. Volume was up in a down day which has a bearish connotation. We have […]

Dow Theory Update for Nov 26: No changes technically

posted on: November 26, 2012

Mixed, inconclusive day. Let’s begin our Dow Theory commentary for today. Stocks were mixed. The SPY and the Industrials closed down. The Transports closed up. Volume was higher today. Given than the SPY closed down this makes it a bearish volume day. We have had 5 bearish volume days in a row. This is […]

Dow Theory recap: What are other Dow Theorists saying?

posted on: November 24, 2012

Russell, Schannep and Moroney examined. If you follow this Dow Theory blog, you know that I spotted a primary market Dow Theory signal on Nov 16. You can read the details of such a signal here and here. But the Dow Theory is not math, and hence it is subject to interpretation, which results in […]

Dow Theory Update for Nov 23: Volume not confirming stock market action

posted on: November 23, 2012

Gold and silver escape danger zone Let’s get started with our Dow Theory commentary for today. Stocks closed up today. However, according to the Dow Theory, both the primary trend and secondary trend remain bearish. If you are not acquainted with the stock market primary bear market signal, you should read my post on this […]

Dow Theory Update for Nov 21: Stocks up. No technical changes

posted on: November 21, 2012

Gold and silver still in primary trend Let’s see what the Dow Theory has in store for us today. Today is going to be another short post on this blog. Now need to babble when there is scarcity of technical relevant events (at least as my eye can see). The three stock indices I monitor, […]

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 […]