Category: Insights

Dow Theory Update for April 9: Primary bear market signal signaled today for US stocks

posted on: April 9, 2018

I don’t have much time to write today. However, be advised that the Transports have violated on a closing basis their secondary reaction lows, hence confirming the Industrials. Even though the S&P 500 have not confirmed, since we had a secondary reaction according to the Classical Dow Theory (as interpreted by Schannep, but “classical” nonetheless), […]

Dow Theory Update for April 3: After some hair-curling days no primary bear market signal yet

posted on: April 3, 2018

Precious metals unchanged I am not posting as frequently as I did in the past for the following reasons: 1) No change of trends. Not even secondary trends. When changes of trends have occurred I have diligently posted. 2) Time, as usual, remains in short supply. Family and professional engagements don’t let […]

Dow Theory Update for March 2: A primary bear market signal for US stocks may be signaled soon

posted on: March 2, 2018

Please mind: No signal yet, but keep your eyes glued on the charts I am writing before the close, so please check the charts after the close US STOCKS The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained […]

Dow Theory Update for February 15: US Stocks have fully set up for primary bear market signal

posted on: February 15, 2018

Secondary reaction now without doubt in existence The setup for a primary bear market signal I will write about, does not depend on today’s close. US STOCKS The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here In […]

Dow Theory Update for February 7: Do we have a secondary reaction in US Stocks?

posted on: February 7, 2018

Schannep says yes. Heed his word. I am bedridden with the flu. So I lack the energy to make lengthy considerations. I am writing before the close of February 7. So things might change (especially the +3% rally) US STOCKS The SPY (and the S&P 500) and the Industrials made their last recorded closing highs […]

Dow Theory Update for January 19: Is a secondary reaction about to start for US stocks?

posted on: January 19, 2018

Trends unchanged US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here Stocks have taken a pause. On January 12th, 2018 the SPY, Industrials and Transports made their last confirmed closing highs. Thereafter, The Industrials and […]

Dow Theory Update for January 10: Sitting tight with US stocks in spite of temptations

posted on: January 10, 2018

Primary and Secondary Trends unchanged I haven’t postED for a while. Christmas and time in short supply account for it. However, nothing has changed since my last post. All trends, primary and secondary remain well entrenched. US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend […]

Dow Theory Update for December 15: Primary and secondary trends unchanged

posted on: December 15, 2017

Precious metals continue languishing All markets remain stuck in their respective trends. Days go by and nothing changes. While this may look boring, we are witnessing a normal environment for the Dow Theory. Trades tend to last more than one year, and, hence, this is not hectic trading. What we saw in the recent past […]

Dow Theory Update for November 30: First anniversary of the current bull market signal celebrated by confirmed higher highs

posted on: November 30, 2017

Precious metals, true to trend following, still in the grips of the bear US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. So we light a candle since the first (and probably last) anniversary has been accomplished. It goes without saying that the current signal (barring a huge […]

Dow Theory Update for November 15: SIL violates its primary bear market closing lows unconfirmed by GDX

posted on: November 15, 2017

No secondary reaction for stocks yet I am writing before the close. US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. So we are nearing the first (and probably last) anniversary for this signal. The primary trend was reconfirmed on July 3rd, 2017 as was explained here On […]

Dow Theory Update for November 9: The Transports are diverging seriously

posted on: November 9, 2017

Current bull swing (not to be mistaken with bull market) in jeopardy I am writing before the close. I apologize for my not posting very much but I am traveling and, as usual, time is not abundant. US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary […]

Dow Theory Update for October 24: More than six months without a secondary reaction in US stocks

posted on: October 24, 2017

Trends unchanged US Stocks The primary trend is bullish since November 21st, 2016, as explained here and here. The primary trend was reconfirmed on July 3rd, 2017 as was explained here The S&P 500, the Industrials and the Transports continue making higher confirmed highs. Thus, no secondary reaction in sight. Furthermore, more than six months […]