Category: Insights

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 […]

Dow Theory Update for Nov 7: Precious metals universe holds its own

posted on: November 7, 2012

Stocks sharply down Let’s get started with our Dow Theory commentary for today. Stocks were down today. The SPY and the Industrials jointly penetrated the 10/24/2012 lows hence confirming the secondary bearish trend. However, technically nothing has changed yet. The primary trend remains bullish and the secondary one bearish. Volume was higher than yesterday’s […]

Dow Theory Update for Nov 6: Bullish parade.

posted on: November 6, 2012

Technically, nothing has changed. If you have been following this Dow Theory blog for some time, it may be dawning on you that investing along the primary trend, as defined per Dow Theory, can be boring. Since June 29, when a Dow Theory primary bull market signal was displayed for stocks, no action has […]

Dow Theory Update for Nov 5: Mildly bullish day.

posted on: November 5, 2012

No changes in trends. The SPY, Industrials and Transports closed up for today. Technically, nothing has changed. The primary trend remains bullish, and the secondary trend remains bearish. Volume was lower today, which render it a bearish volume day, since the up close was not confirmed by higher volume. Hence, the pattern of volume continues […]

Dow Theory Special Issue: A second opportunity to get into Gold and Silver?

posted on: November 3, 2012

During all the ascent of gold and silver, I advised not to chase rising prices since, as the price goes higher, there is less money to be made when right and more money to be lost when wrong. This is why I wrote a post entitled “What should I do if I missed the Dow […]

DOW THEORY UPDATE FOR NOV 2: BEARISH DAY

posted on: November 2, 2012

Trends unchanged It seems that the short term bearish pattern of volume I have been talking about on this Dow Theory blog seems to be winning (short term where it belongs) the upper hand. Today the SPY, the Transports and the Industrials closed down. However, technically, and more specifically, under Dow Theory, nothing has been […]

Dow Theory Update for Nov 1: Bullish day for stocks

posted on: November 2, 2012

No changes in trends Let’s begin our Dow Theory commentary on this blog. The SPY, the Industrials and the Transports closed firmly up today. Both the Industrials and the SPY broke above the trading range that started on 10/23/2012. The Transports, having been always stronger, were not caught in a narrow range, so they had […]

Dow Theory Update for Oct 31: SIL displaying strength

posted on: October 31, 2012

No changes in trends. No big news today, so this Dow Theory commentary on this blog will be brief. The SPY closed unchanged, and the Industrials were slightly down. Transports, again displaying more relative strength closed up. Technically, nothing has changed. The primary trend remains bullish, and the secondary trend remains bearish. It has […]