Newsletter

Combining the time-tested principles of Charles Dow’s Traditional Dow Theory with the 60+ years of research and real-life experience, Manuel Blay publishes TheDowTheory.com Newsletter with a commitment to providing our subscribers with effective, profitable market timing wisdom in a timely manner.

Our Newsletter is about much more than just the Dow Theory, incorporating other important fundamental, economic and historic perspective to the technical Indicators interpreted in our Letter.

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Bull market for the gold and silver miners ETFs (GDX & SIL) confirmed on 12/11/25

Bull market for the gold and silver miners ETFs (GDX & SIL) confirmed on 12/11/25

The melt up for precious metals continues Overview: What was just a secondary reaction against the bullish trend turned out…
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In Thrust I Trust

In Thrust I Trust

“You just need the discipline to stop trading your ego and start trading the trend.” Kamran. A.      …
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The Principle of Confirmation Can Save Your Skin (V) / Example 5: Bitcoin’s breakup that was a bull trap

The Principle of Confirmation Can Save Your Skin (V) / Example 5: Bitcoin’s breakup that was a bull trap

Applying the Confirmation Principle to Bitcoin In four earlier analyses (HERE, HERE, HERE , and HERE ), I showed how…
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Gold and Silver Miners ETF at a critical juncture: Setup for a potential Bear market signal completed on 11/10/25

Gold and Silver Miners ETF at a critical juncture: Setup for a potential Bear market signal completed on 11/10/25

Overview: The gold and silver miners ETF reached a make-or-break moment on 11/10/25. The setup for a potential bear market…
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The Emperor’s Clothes Again

The Emperor’s Clothes Again

In our latest conversation, Andrew and I picked up right where we left off,  back in April, when I correctly…
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Meltup: Surf It With Caution

Meltup: Surf It With Caution

“You don’t need to know what’s going to happen next to make money.” Tom Basso, legendary trader.     PRINT…
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The Principle of Confirmation Can Save Your Skin (IV) / Example 4: Two Silver Breakdowns That Turned into Bear Traps

The Principle of Confirmation Can Save Your Skin (IV) / Example 4: Two Silver Breakdowns That Turned into Bear Traps

Applying the Confirmation Principle to precious metals In three earlier analyses (HERE, HERE, and HERE), I showed how the Principle…
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When Market Timing Meets Quant Research: The Results Speak for Themselves

When Market Timing Meets Quant Research: The Results Speak for Themselves

How world-class quant research and timing filters slash drawdowns and boost returns. What happens when you combine a strong stock-picking…
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Why Bitcoin’s Bull Market Isn’t Over Yet

Why Bitcoin’s Bull Market Isn’t Over Yet

On October 3rd, I had the pleasure of joining Maurizio Pedrazzoli Grazioli’s podcast for the second time. We picked up…
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