Search Results for: Dow Theory

Dow Theory: Applied to Poultry Prices

On the Costco (COST) conference call dated October 9, 2013, executive vice-president and CFO Richard Galanti had the following to say about their rotisserie chickens: “keep in mind the return – I used the example of the rotisserie chicken in … Continue reading

Dow Theory

Dow Theory and the Unemployment Rate

For some, the economy has not fully recovered until the unemployment rate is “back where it was” when the economy was booming.  Unfortunately, there are key issues with this notion.

Dow Theory

Dow Theory Q&A

Reader BlueIce comments (found here): “So for the past four years, the NYSE is up but volume down…What is the root cause, if any? Bank Bernankski ?” Our Response: While there is considerable belief that the Federal Reserve has been … 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

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

Dow Theory on Fair Value

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

Dow Theory Update

On May 19, 2012, we said that the bear market rally had ended (found here).  In our view, we believed that the Dow Jones Jones Industrial Average would not exceed the high of 13,279.32 set on May 1, 2012.  The … Continue reading

Dow Theory

Current Dow Theory Dow Theory: December 2018 – December 20, 2018 Dow Theory: September 2018 – September 20, 2018 Dow Theory: August 2018 – August 21, 2018 Dow Theory: Where Are We Now? – May 10, 2018 Dow Theory on Gold … Continue reading

Dow Theory Applied to Silver?

A reader asks: “How do you relate Dow Theory to the Silver market?” Our response: Charles H. Dow was first an economist, then a commodities expert and finally a stock market analyst. Before Charles H. Dow co-founded the Wall Street … Continue reading

Dow Theory: Values and Price

On Friday June 24, 2011, we published an article regarding the topic of Dow’s Theory of value and price regarding Dish Networks (DISH).  At the time, we suggested that a recent recommendation to buy DISH by a widely read Dow … 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