The Dow Theory is developed by Charles Dow (1851-1902) who was journalist, founder and editor of WALL STREET JOURNAL, this theory is refined by William Hamilton (1902-1929) after Dow’s death. The term Dow Theory was not used by Dow himself. Dow Theory provides basis for Stock price movements as well as Technical analysis. Dow Theory indicates that stock market behaves same … [Read more...]
Aging Demographics – The Other Super Secular Trend
In Dow Theory terms, this would mean investing in a period of severe undervaluation and holding on to your stocks (or dollar cost-average into your portfolio) until the end of the bull market – such as September 1999 when the Dow Theory bear market signal was given -- and then stay out until the primary bear market has fully asserted itself. since then, I have maintained that … [Read more...]
THEORIES ON STOCKS TRADING
Dow theory A theory which says the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high, it is accompanied or followed by a similar advance in the other. the theory holds with the fact that there is no primary trend in the stock market, unless and until the movements of industrial, transportation, and … [Read more...]