Category: Insights

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 […]

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 […]