Mark Hulbert of Marketwatch: The Transports have been the stronger of the two benchmarks, and it is widely considered to be a leading economic indicator. Read the article HERE.
Dominic Picarda, whose writings and videos have always been interesting in his column "The Trader" of Investors Chronicle, posted his final piece titled "Closing My Position", with a nice reference to our Letter. You can read the article HERE. We wish Dominic the best in his next endeavor.
There has been renewed interest in the Dow Theory since Jack Schannep presented his research to the Market Technicians Association that showed Dow Theory produced an excess return of 1.5% per year (from 1953 thru 2011) versus a buy and hold strategy. His presentation attracted a whole new generation of Dow Theory enthusiasts. Read the article HERE.