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.
Dow Theory for the 21st Century
Technical Indicators for Improving Your Investment Results
Dow Theory for the 21st Century includes everything that the serious investor needs to know about the stock market and how to become financially successful. Expanding upon Charles Dow's 20th century stock market theory, author Jack Schannep provides readers with a better understanding of the ingredients that make up the world of finance, specifically the American stock market, in order to help them achieve investment success. - Wiley (John Wiley & Sons, Inc, publisher).
Available at a bookstore near you or on-line at several websites including
Table of Contents
- Introduction. The What and Why of this Book.
- Part I. The Traditional Dow Theory.
Chapter 1. By Way of Background.
Chapter 2. Signals Described.
Chapter 3. A Look at The Record.
Chapter 4. Give-and-Take about the Theory.
- Part II. Bulls And Bears.
Chapter 5. Bull Markets.
Chapter 6. Bear Markets.
Chapter 7. Bull and Bear Markets of the Twentieth and Twenty-First Centuries.
- Part III. The Dow Theory for the Twenty First Century.
Chapter 8. Capitulation: The Selling Climax.
Chapter 9. The Heart Of The Theory.
- Part IV. Other Important Indicators.
Chapter 10. Schannep Timing Indicator: The Other Major-Trend Indicator.
Chapter 11. “Three Tops And A Tumble”: Leading Topping Indicators.
Chapter 12. Bonus Indicators.
- Part V. The Epitome Of Synergy.
Chapter 13. The All-Inclusive Composite Indicator.
Chapter 14. Practical Usages: Putting It All Together.
Appendix A. "Official" Complete and Detailed Record of the Original Dow Theory.
Appendix B. Capitulation Indicators Detailed Record.
Appendix C. CPA Verification of the Schannep Indicator.
Appendix D. Complete Record of the Composite Timing Indicator.
- About The Author.
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.