Dow Theory Special Issue: Putting 2014 in perspective
posted on: January 22, 2015
US Stocks Let’s briefly recap how our Dow Theory analysis fared in 2014. Did we do a good job at determining the primary trend of the markets? 2013, as explained here was a good year for those applying the Dow Theory to stocks, gold, silver and their miners. 2014 has been a good year too […]
Dow Theory special issue: Dow Theory Review for 2013.
posted on: January 3, 2014
Putting 2013 in perspective Let’s briefly recap how our Dow Theory analysis fared in 2013. Did we do a good job at determining the primary trend of the markets? This post should be an eye-opener for many skeptics. US Stocks The year began on January 2 with a primary bull market signal, as you can […]
Dow Theory Special Issue: Assessing the primary bear market signal for gold and silver miners ETFs.
posted on: November 21, 2013
As I wrote yesterday, the Dow Theory has just signaled a primary bear market for SIL and GDX (the silver and gold miners ETFs). Here you have a chart depicting recent price action. The red lines are the secondary reaction lows that once they got violated by both ETFs flashed a primary bear market signal. […]
Dow Theory special issue: Random thoughts about gold and silver
posted on: April 15, 2013
Lessons learned and probable outcomes Gold and silver precipitous fall has taught us (or better said re-taught) some valuable lessons. Technical action was right on the spot whereas fundamental-based readings of the precious metals markets have been proven wrong. If you have been following this Dow Theory blog for some time you will remember than […]
Dow Theory Update for Feb 21: Is a secondary reaction beginning?
posted on: February 21, 2013
Is gold making a bottom? Special note about gold Yesterday, February 20, 20.77 tonnes of gold were drained from GLD. In other words, GLD inventory decreased by 20.77 tones or 1.57%. As Victor the Cleaner has explained here such “pukes,” contrary to conventional wisdom, are bullish, as they denote great avidity for physical gold, which […]
Dow Theory Update for Dec 20: Gold and Silver in a primary bear market
posted on: December 20, 2012
No changes in precious metals stocks ETFs. Normally, I start my daily post in this Dow Theory blog by talking about stocks. Today’s action in gold and silver beg for a change. Gold (GLD) and silver (SLV) closed down today. Silver violated its November 2 secondary reaction low, and with it confirmed the previous […]
Dow Theory special issue: Revisiting the BLV/GLD ratio
posted on: December 19, 2012
Still at crossroads? We have dealt with the BLV/GLD ratio on several occasions in this Dow Theory blog. To understand why this ratio is important, I suggest you read here and here the relevant posts to get a taste of it. If the ratio turns bearish (stronger gold) it means a hard time […]
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 spells trouble for bonds: Clouds on the horizon. Part II
posted on: October 25, 2012
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 […]
Not all “gold” is born equal. Gold and the Dow Theory.
posted on: October 8, 2012
Gold? What kind of gold? Followers of this “Dow Theory Investment” blog know that I always keep a very close eye to gold and silver. This is something that is not very usual in the investment fraternity, since gold tends to be disparaged, at worst, or ignored, at best. This accounts for making gold […]
Rearranging the big picture in a week full of relevant Dow Theory events
posted on: October 6, 2012
Weekly Dow Theory recap This was a week rich in Dow Theory significant events as well plain technical ones. Here is a summary of the messages the markets gave us this week of which this blog took due notice. 1) Bonds are at a critical juncture. If they turn weaker, they may ignite […]
Dow Theory update for October 1: Markets up. No technical changes…yet
posted on: October 1, 2012
A secondary correction may happen any time now On Friday, Sept 28, the stock market had been trending lower for the last 10 trading days (for the SPY and Transports). This is the minimum time requirement for a secondary reaction to exist. However, for a secondary reaction to exist it is necessary that two of […]
