Search Results for: Richard Russell

Dow Theory and the Gold Stock Indicator

Giving Away $32K, Was Never So Difficult

In what we hoped would be an annual tradition for our site, we gave away books that we thought were  valuable to the understanding of the stock market and investing.  Little did we know that one book would become an … Continue reading

Gold Stock Indicator

Gold: 50% Principle

From a Dow Theory perspective, downside targets rely heavily on the concept of the 50% principle. Although mistakenly attributed to E. George Schaefer by Richard Russell, the 50% principle is derived from Charles H. Dow’s “great law of action and … Continue reading

Dow Theory: The Beginning of a Cyclical and Secular Bull Market?

The world of Dow Theory was abuzz after the Dow Jones Industrial Average and the Dow Jones Transportation Average charged to all-time highs on March 5, 2013 (found here).  At the time, the Dow Jones Industrial Average had finally capitulated … Continue reading

NLO Q&A

Subscriber F.H. asks: “[Have you] ever consider[ed] constructing a market trend indicator like Richard Russell’s PTI?” Our Response: This is a great question and one that we’ve examined in the past. We are familiar with Russell’s Primary Trend Indicator (PTI).  … Continue reading

Dow Theory: Secular and Cyclical Markets

We often mention the concept of secular and cyclical markets in our discussion of Dow Theory.  So far, we believe that we’re in a secular bear market owing to the fact that the Dow Jones Industrial Average and Dow Jones … Continue reading

Observations

Altimeters & SRLs Bitcoin Archive Charles Dow Reviews Coppock Curve Gold and Silver Investment Observations Richard Russell Reviews Robert Rodriguez Reviews Sell Recommendations

A Strategy is Needed for Lagging Gold Stocks

For gold stock investors, a timing strategy is the most effective way to match or beat the coming metal price increase. Among our caveats, we’re excluding junior and exploration mining companies which will either go out of business, experience share … Continue reading

Dow Theory: Q&A

A reader has asked, “if the bear market is confirmed, do you see a possible longer term test of the lows from ’08 [2009]?” This question is predicated on the fact that the Dow Jones Industrial Average confirms the March … Continue reading

Dow Theory: August 2, 2011

In a first since the bear market bottom of March 9, 2009 and the bull market indication that initiated the New Low Observer on July 24, 2009, the Dow Jones Industrial Average and the Dow Jones Transportation Average has signaled … Continue reading

Dow Theory: Price and Values

Dow Theory is as much about values as it is about squiggly lines on a chart. Charles H. Dow, co-founder and former editor of the Wall Street Journal, often expressed the idea of values in many different ways. However, there … Continue reading

Price Decline Equals Dividends Canceled

The question of retaining profits on quality dividend companies through the selling of a position seems to counter the whole point of dividend investing. After all, aren’t you supposed to allow the dividends to compound? In a small way, we … Continue reading

A Lesson in Dow Theory

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

Our 2nd Annual Reader Appreciation Day

We would like to show our appreciation to everyone who has continued to read our website on a regular basis despite our errors and omissions. This year, we will be giving away a copy of Dow Theory Unplugged: Charles Dow’s Original Editorials & Their Relevance … Continue reading