17 April 2025 The current market condition is as follows: The Dow Industrial Average’s intermediate market bottom remains intact. However, the Dow Jones Transportation average has yet to form a confirmed intermediate bottom in price action. Stock direction as indicated by these averages remains down. Review and monitor stocks so…
The following stocks in their respective index category are what I consider growth stocks. These stocks I categorize as growth due to their projected 10 year Earnings Per Share growing over 7% per annum. Basically this means that the earnings will double over a 10 year time period. Another aspect…
The following Dow Composite Stocks have confirmed intermediate term bottoms: Boeing BA, Coca Cola KO, McDonald’s MCD, Silver SLV, United Health Group UNH, Visa V, Verizon VZ, Delta Airlines DAL, United Airlines UAL, FirstEnergy FE, and Public Service Enterprise PEG. Of these companies Coca Cola, McDonald’s, Verizon, Walmart and FirstEnergy…
It will take a solid week of gains in both the Dow Jones Industrial Index and the Dow Jones Transportation Index to possibly confirm that the current downtrend in prices has ended. The Dow Industrial and Dow Transportation Average’s price trends must also confirm each other to give the market…
2 April 2025 So the principles of Dow Theory remain the same with what I am going to show. The following charts are what the Dow Jones Industrials and Dow Jones Transportation Averages would like like if the were priced in Gold. In my view our current dollar is a…
27 Mar 2025 Both the Dow Jones Industrial Average and the Dow Jones Transportation Average have formed interemediate term bottoms. What this means is there has been a temporary stop in selling pressure for both averages. Both averages must confirm each other to establish a trend and the direction of…
17 Mar 2025 Even though the market rallied on Friday the down trend continues. I am watching for the Dow Jones Industrial Average and the Dow Jones Transportation averages to find their intermediate bottoms. Once these bottoms have been established in each index, analysis can then wait for a reversal…
12 Mar 2025 Neither the Dow Jones Industrials nor the Dow Jones Transportations have begun to establish a near term market bottom after the continuation of the intermediate downtrend that began at the end of last year. As I continually state, both Indexes must be in sync with each other…
The best way to learn is by experience. I started this site posting Present and Probable Market Direction. At this time to understand the method and the market, go back through the Present and Probable Market Direction posts starting with the first.
25 February 2025 Both the Dow Jones Industrials and the Dow Jones Transportation Indexes have formed new intermediate price highs. These new intermediate price highs are lower than their previous price highs. This is consistent with the traditional making of a downtrend- lower lows and lower highs. What this forecasts…