Gold •66 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 918.70 | -11.60 | -1.25% | |
WTI Crude •1 day | 67.67 | -1.48 | -2.14% | |
Gasoline •1 day | 1.896 | -0.030 | -1.55% | |
Ethanol •66 days | 2.161 | +0.000 | +0.00% | |
Silver •66 days | 30.82 | +1.16 | +3.92% |
Silver • 66 days | 30.82 | +1.16 | +3.92% | ||
Copper • 66 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.06 | -1.63 | -2.24% | ||
Natural Gas • 1 day | 2.275 | +0.021 | +0.93% | ||
Heating Oil • 1 day | 2.115 | -0.054 | -2.49% |
Contributor since: 26 Feb 2010
The good news for this past week is that the Dow Jones Industrial Average bettered its May high. In turn, this changed some of the…
I have heard it said that the June/July lows were the 4-year cycle low and that the market is now moving up in a new…
First, I have to begin with a chart of the Industrials and the Transports. At this level we still have two non-confirmations. The first non-confirmation…
Recently I have received e-mails asking about cycles and Dow theory. I have addressed this before, but it seems that it's now time to look…
During the decline in May and into June my analysis was telling me to expect an intermediate-term low in mid-June and that from that low…
Earlier this week I had intermediate-term sell signals on crude oil. This came in the wake of an intermediate-term sell signal the week before in…
The recent action seen in the Transportation sector is not good and considerable technical damage has been done. According to Dow theory, the Secondary Trend…
As a market historian, it is my belief that if we study the markets of the past, we can gain valuable insight into the future.…
Most everyone who has even heard about Dow theory understands the elementary principle of confirmation and non-confirmation between the Industrials and the Transports. There are…
During the decline in May and into June my analysis was telling me to expect an intermediate-term low in mid-June and that from that low…
The following text is a quote from the book A Short History of Financial Euphoria by John Kenneth Galbraith. I found this material to be…
Today I want to share a rather rare chart formation with you. The pattern known as "Three Peaks and a Domed House" was made known…
In April I warned that there were important non-confirmations in place that had historically proceeded important down turns. I have also shown you several of…
The May 10th peak in the stock market was expected and pretty much occurred right on time in accordance with the clustering of the various…
From a cyclical perspective, the trend is defined by the direction of the cycle of the next larger degree. This means that from a cyclical…
Yes, according to Dow theory, the Secondary trend remains positive. My intermediate-term Cycle Turn Indicator had turned down at the March high, but then turned…
The concept of one average confirming the other average came to be when Charles H. Dow first developed the Dow Jones Industrial Average and the…
Ever so often I receive e-mails questioning my views on manipulation. The basic question is whether or not I believe in market manipulation. The basic…
Since the January 6th bullish confirmation of the Secondary Trend, according to Dow Theory, there have been two additional reconfirmations. This of course, is good…
But, All is Not Well On January 6, 2006 the Secondary trend, according to Dow theory, was once again reconfirmed as bullish. Last week there…