Category: Insights

Dow Theory Update for Oct 17: Primary trend for stocks bullish. Secondary trend still bearish

posted on: October 17, 2012

Primary and secondary trend bullish in the precious metals universe. Richard Russell, of the „Dow Theory Letters“, seems to little by little join the bullish camp, albeit in a hedged manner. In his yesterday’s letter, he acknowledged that the bull seems to be winning the battle. As I wrote in the past in this […]

Dow Theory update for Oct 16: Bullish day. No changes in trends

posted on: October 16, 2012

No secondary reaction in the precious metals’ universe yet. Not all days are relevant under Dow Theory. Today this post in this Dow Theory blog is going to be short, since today in spite of the bullish display of the markets, is an inconsequential day. I will spare my letters and words. The three stock […]

Jim Rogers and the Dow Theory

posted on: October 16, 2012

Do they have something in common? Today Seeking Alpha published an interesting article named “Jim Rogers: The U.S. Faces Several ‘Lost Decades’” which you can read here If Rogers is to be proven right, the implications are really scary. Not only as investors but also concerning our day-to-day life. The comments to the article were […]

Dow Theory update for Oct 15: No secondary reaction in gold and silver…yet

posted on: October 15, 2012

Stocks up today. No changes under Dow Theory. Let’s get started with our Dow Theory analysis for today in this blog. The three stock indices we monitor, namely the SPY, Industrials and Transports all closed up for the day. Technically, nothing has changed: the primary trend remains bullish and the secondary trend remains bearish. The […]

Dow Theory special issue: More on the secondary reaction and its implications. II

posted on: October 12, 2012

Should I buy specific stocks or the indices? Continued from this post: http://www.dowtheoryinvestment.com/2012/10/dow-theory-special-issue-more-on.html I closed yesterday’s post in this Dow Theory blog by asking whether one should just buy an index (i.e. IYT, DIA or SPY) or the existence of a primary bull market warrants the acquisition of specific stocks. This is a tough question. […]

Dow Theory Update for Oct 12: No changes. Mixed action today

posted on: October 12, 2012

Stocks: Primary trend remains bullish. Secondary trend bearish. So what did the stock market today? Mixed action. The Transports which continue showing good relative strength closed up for the day. The Industrials closed barely up, and the SPY closed down. Thus, the secondary trend remains bearish and until now, the decline has been so timid […]

Dow Theory special issue: More on the secondary reaction and its implications. Part I.

posted on: October 11, 2012

What do we do with the Transports? Yesterday this Dow Theory blog announced the inception of secondary reaction. You can read more about it here. Today, as you know if you read the previous post in this Dow Theory blog, the Industrials closed down for the day, while the SPY closed up. So […]

Dow Theory update for Oct 11: Mixed day. No changes.

posted on: October 11, 2012

Primary trend remains bullish; secondary trend bearish. Let’s get started with our Dow Theory analysis for today. The stock market was indecisive. The SPY closed up, and the Transports and Industrials closed down for the day. So there are no changes from yesterday’s assessment under Dow Theory. Later today, I will post in this Dow […]

Dow Theory Update for Oct 10: Secondary trend for stocks turned finally bearish.

posted on: October 10, 2012

The Industrials and the SPY violated the lows of the line. Markets were made to befuddle as many investors as possible. However, armed with the Dow Theory, we can in most instances avoid being fooled by the markets and be on the right side and, when occasionally wrong, keep our losses contained. So what did […]

Dow Theory update for Oct 9: All markets down. No change in trend

posted on: October 9, 2012

Industrials and SPY still caught within the line. What’s the current condition of the stock market? On October 3, this Dow Theory blog alerted about the formation of a “line” which is relevant under Dow Theory. Please re-read my post in this blog “Stock markets forming a „line’: What does it mean under Dow […]

What should I do if I missed the Dow Theory bull signals for the SPY? Dow Theory’s second chance: The Transports

posted on: October 8, 2012

Latecomers’ new opportunity to be long stocks In my post “What should I do if I missed the Dow Theory bull signals for the SPY and GLD? Dow Theory’s second chance: The first secondary reaction” which you can read here I explained how latecomers could join in the bull crowd. However, the ideas advanced in […]

Dow Theory update for Oct 8: Primary and even secondary trend remain bullish

posted on: October 8, 2012

Transports display greater relative strength. Let’s get started with our Dow Theory analysis for today. I will start, as usual with the stocks markets. Today the alleged “moribund” Transports closed up while the Industrials and the SPY closed down for the day. So, again, the Transports are displaying greater relative strength than its index […]