Search Results for: Dow Theory

Dow Theory: Cyclical Bull Market Confirmed

Posted on April 6, 2011 by | Leave a comment

On April 4, 2011, we were provided with a Dow Theory confirmation of the cyclical bull market, within a secular bear market, when the Dow Jones Industrial Average exceeded the prior peak of 12,391.25 set on February 18, 2011. As … Continue reading →

Leave a comment

Posted in book, Dow Theory, Robert Rhea

A Lesson in Dow Theory

Posted on November 7, 2010 by | 2 comments

In a September 20, 2010 article titled “Dow Theorist Believes Buy Signal is Imminent” on MarketWatch.com, there are views from three different well known Dow Theorists with different conclusions from each one of them. This is an instance where the author, Mark … Continue reading →

2 Comments

Posted in Dow Theory, Richard Russell

Dow Theory and Richard Russell

Posted on July 11, 2010 by | Comments Off on Dow Theory and Richard Russell

In attempting to understand Dow Theory it is necessary to follow the best and the brightest on this topic. Over the last 52 years, the brightest person on Dow Theory has been Richard Russell. No single person has been more … Continue reading →

Comments Off on Dow Theory and Richard Russell

Posted in Dow Theory, Richard Russell, Richard Russell Review

Dow Theory and Richard Russell

Posted on July 11, 2010 by | Leave a comment

In attempting to understand Dow Theory it is necessary to follow the best and the brightest on this topic. Over the last 52 years, the brightest person on Dow Theory has been Richard Russell. No single person has been more … Continue reading →

Leave a comment

Posted in Dow Theory, Richard Russell

Dow Theory Q & A

Posted on February 23, 2010 by | Comments Off on Dow Theory Q & A

A reader writes:   “Without the Obama stimulus and intervention from the FED it would already be below 5000. The existing position is totally artificial, unsustainable and downright ephemeral. Any one that claims that this synthetic bull market is sustainable … Continue reading →

Comments Off on Dow Theory Q & A

Posted in Dow Theory, Q and A, Richard Russell

Dow Theory

Posted on February 22, 2010 by | Comments Off on Dow Theory

Although the markets have been relatively quiet in the last few weeks, according to Dow Theory, the Dow Jones Industrials Average and the Dow Jones Transports Average have been demonstrating classic conditions that would allow us to determine if the … Continue reading →

Comments Off on Dow Theory

Posted in Dow Theory, Dow Theory Confirmation, Dow Theory Non confirmation

Dow Theory

Posted on January 24, 2010 by | Comments Off on Dow Theory

According to Dow Theory the following are the downside targets for the Dow Industrials: 9,324.82 (33% retracement) 8,603.64 (50%) 7,882.44 (66%) 6,440.06 (100%) The downside targets for the Dow Tranports are: 3,576.92 (33% retracement) 3,213.19 (50%) 2,849.45 (66%) 2,121.98 (100%) … Continue reading →

Comments Off on Dow Theory

Posted in Dow Theory

Dow Theory on Fair Value

Posted on January 19, 2010 by | Leave a comment

The purpose of this article is to demonstrate how Dow Theory approaches the question of the fair value of a stock. Most investors often hear of an analyst giving a fair value for a stock. Seldom is there ever a … Continue reading →

Leave a comment

Posted in Dow Fair Value, Dow's Value Theory

Dow Theory

Posted on December 14, 2009 by | Leave a comment

The market continues to move higher. We got a cyclical bull market confirmation within the context of a secular bear market at the close. The Industrials closed at 10,501.05, above the previous high of 10,471.58. The Transports also closed higher … Continue reading →

Leave a comment

Posted in Art, Dow Theory Bull Market indication, Dow Theory Confirmation

Dow Theory

Posted on September 24, 2009 by | Comments Off on Dow Theory

November 4, 2008 is proving to be a significant challenge for the stock market. I have mentioned many times the considerable amount of resistance that November 4th would have on the The Dow Industrials and Dow Transports. However, if viewed … Continue reading →

Comments Off on Dow Theory

Posted in Dow Theory

Dow Theory

Posted on September 2, 2009 by | Comments Off on Dow Theory

In reading The Stock Market Barometer by William Peter Hamilton, I find that there is significant contribution to the topic of Dow Theory. It is Hamilton’s book that led to the even better The Dow Theory and Dow’s Theory Applied … Continue reading →

Comments Off on Dow Theory

Posted in book, Dow Theory, Dow Theory Non confirmation

Dow Theory

Posted on August 25, 2009 by | Comments Off on Dow Theory

The great Dow Theorist Richard Russell (www.dowtheoryletters.com) has indicated that based on today’s market action we are now (again) in a bull market. This is after Mr. Russell had taken away his bullish stance from August 14, 2009 to August … Continue reading →

Comments Off on Dow Theory

Posted in Dow Theory, Dow Theory Non confirmation

Dow Theory

Posted on August 23, 2009 by | Comments Off on Dow Theory

When it comes to Dow Theory, we have to carefully monitor the market to see if we get a clear sign of a non-confirmation of the trend. A non-confirmation of the trend can take place in many ways and is … Continue reading →

Comments Off on Dow Theory

Posted in Dow Theory, Dow Theory Non confirmation, Q and A

Dow Theory

Posted on July 23, 2009 by | Comments Off on Dow Theory

The Dow Jones Industrials and the Dow Jones Transports both broke above previous highs on July 23rd. As shown below, the previous highs that were exceeded were the June 12th high of 8799.25 for the Industrials (blue line) and the … Continue reading →

Comments Off on Dow Theory

Posted in Dow Theory, Dow Theory Bull Market indication

Dow Theory

Posted on July 21, 2009 by | Comments Off on Dow Theory

Today the Dow Jones Industrials reached an intraday high of 8927.13. This exceeds my prior Market Barometer target of 8774. For some reason the Industrials are able make higher highs. Unfortunately, the Dow Jones Transports continue to fail to breach … Continue reading →

Comments Off on Dow Theory

Posted in Dow Theory, Market Barometer, update