Tomorrow I will post the Dow Theory Update for Nov 9. Stay tuned. Sincerely, The Dow Theorist
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Due to hurricane, markets have been closed today Monday and it seems they will be closed tomorrow. So no Dow Theory update in this blog today and tomorrow. Let’s hope damages will be contained. Sincerely, The Dow Theorist.
All primary trends remain bullish There is not much to say in this Dow Theory analysis for today. The Industrials and Transports closed up. The SPY was mildly down. Technically, nothing has been changed. The primary trend remains bullish and the secondary one bearish. Since the SPY has much larger capitalization than the Industrials and […]
Yesterday, in this Dow Theory blog, I promised you that I’d talk about the BLV/GLD ratio. Here we go. Let’s begin with an old post called “Dow Theory spells trouble for bonds: Clouds on the horizon” which you can read here Go to that post and look at the BLV/GLD chart that is displayed […]
