Dow Theory Update for November 15: No changes in trends
Today I am really short of time. There are no changes in trends. Neither in stocks, nor in the precious metals arena. Sincerely, The Dow Theorist
Today I am really short of time. There are no changes in trends. Neither in stocks, nor in the precious metals arena. Sincerely, The Dow Theorist
Stocks edge higher US stocks The SPY, Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. Well, it is almost four months since a primary bull market was signaled. As you can see in the spreadsheet at the bottom of this post, the unrealized profit amounts to […]
Stocks “in the clear” US stocks The SPY, Industrials and Transports closed up and bettered the last recorded primary bull market closing highs. This confirms the current primary bull market, and, accordingly, stocks are “in the clear”. Here you have an updated chart: It is a primary bull market climbing a wall of worry […]
Strebler, of the Dow Theory Letters, nails it down with gold Strebler, one of Mr. Russell’s recent associates at the “Dow Theory Letters,” has recently written that the chart of gold, in spite of all wishful thinking, does not show a rosy picture for the metals. He shows that there are strong levels of resistance […]
SIL and GDX continue at critical juncture. Let’s get started with our Dow Theory commentary for today. US stocks The SPY,Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was […]
Industrials make higher high Let’s get started with our Dow Theory commentary for today. US stocks The SPY,Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was much weaker than […]
GDX and SIL flirting with a primary bear market signal US stocks The SPY,Industrials and Transports closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was much stronger than yesterday’s. Actually, we have […]
Gold and silver remain caught in nowhere’s land US stocks The SPY and Industrials closed up. The Transports closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was lower than yesterday’s, which is […]
Today is one of those days that bore traders craving for action. As you well know, most of the days are not relevant from a Dow Theory point standpoint. However, the diligent investor is advised to keep an eye on the market on a daily basis. US stocks The SPY, Industrials and Transports closed down. […]
Volume dries off US stocks The SPY, Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given here. Today’s volume was lower than Friday’s, which is bearish, as higher prices were not met by […]
Gold and silver remain in secondary reaction against primary bear market Let’s see what the Dow Theory has in store for us today. US stocks The SPY, Industrials and Transports closed up. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for […]
Deflationary day for stocks and precious metals Let’s get started with our Dow Theory commentary for today on this blog. US stocks The SPY, Industrials and Transports closed down. The primary trend is bullish, as explained here, and more in-depth here. The primary trend was reconfirmed as bullish on October 17th, for the reasons given […]