• Dow Theory - An Introduction

    This is the second video in our free introductory course on technical analysis. See our http://www.informedtrades.com/trades.php?page=freetradingcourses Get started with a free practice account here: http://bit.ly/forex-demo1 An overview of the first three tenets of Dow Theory. The second in a series on technical analysis for active traders of the stock, futures and forex markets. Don't forget to check out our huge (and growing!) collection of organized material to help traders learn. Visit, register as a member, and participate in our learning community at http://www.informedtrades.com. VIDEO TRANSCRIPTION (to see this transcription with links, and images of charts, go here: http://www.informedtrades.com/1964-dow-theory.html) In the last lesson on technical analysis we talked a bit...

    published: 22 Nov 2007
  • What Is The Dow Theory?

    The ‘Dow Theory’ which was created 100 years ago by Charles Dow was also the owner of the Dow Jones news company. It is considered by many the foundation of Technical analysis. We explore the first 4 concepts Dow Theory explains. Names of papers written about the Dow Theory: The Stock Market Barometer" (1922), Robert Rhea's "The Dow Theory" (1932), E. George Schaefer's "How I Helped More Than 10,000 Investors To Profit In Stocks" (1960) and Richard Russell's "The Dow Theory Today" (1961). Today the Nifty and Sensex are accepted as the barometer of the economy, but Dow was the first person to say that the overall market is a reflection of business conditions, by analysing the trend we could gauge direction of the overall economy and individual companies through their stock prices. Dow cr...

    published: 05 Apr 2015
  • SPX news – Technical analysis by Dow theory

    Hello everbody, In this video you will find by thoughts about the S&P500 based on the Dow theory. This analysis is meaning the intraday trading. If you have any questions feel free to ask me. If you want to learn the trading based on the Dow theory please visit my homepage www.gabel-trading.com. Every details about AgenaTrader, the software which I use for my trading you will find here: www.tradeescort.com. Please visit our webinars as well. I hope you will favorably disposed towards me and always remember: the journey is the reward! warm regards Markus Gabel http://www.elitetrader.com/et/index.php?threads/trading-with-dow-theory.299350/#post-4273282 www.gabel-trading.com #SPX, #Daytrading, #AgenaTrader, #DowTheory, #DowHowSetup, #Futures #markets

    published: 17 Aug 2016
  • Trading Trends: Explaining the Dow Theory

    The Globe's Jennifer Dowty explains how the Dow indexes can show whether we are in a technical bear market or a technical bull market

    published: 15 Jan 2016
  • Dow theory

    A brief explanation of the history of technical analysis and how Dow theory is applied to this day, more than a hundred years later.

    published: 11 Aug 2016
  • Video: Trump sends Dow to 21,000

    The best day of the year on Wall Street, the Trump boycott continues and marijuana to create 250,000 jobs by 2020, according to a new report. 680 NEWS business editor Richard Southern has the details.

    published: 01 Mar 2017
  • How I use Dow Theory

    published: 22 May 2014
  • Dow Theory - Breakout Trading

    Trading Software AgenaTrader https://agenatrader.com your ultimate Trading Platform for Stocks, Futures, FX and CFDs. DISCLAIMER: Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer's investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk.

    published: 22 Mar 2016
  • Stocks Hit Record Highs With Dow above 20,000; What’s Next?

    The U.S. stock market is on a tear with all major indexes trading at record highs. The Dow Jones is trading above 20,000 while the S&P 500 zeroes in on 2,300. And, although it seemed like the so-called Trump rally in stocks was slowing Tuesday, analysts were telling TheStreet.com’s correspondent Scott Gamm that there is still be room for growth. Speaking with Kitco’s Daniela Cambone, Gamm shares his insights as to what Wall St. experts are telling him. Given that President Trump has hosted business and CEOs into the White House already shows his commitment to helping business in America, notes Gamm. ‘There was this feeling after the financial crisis that big business took a hit…but now that we have a business President, big business is welcomed in the White House.’ Improving investor risk ...

    published: 25 Jan 2017
  • New Dow Theory Signal Printed - No Economic Collapse In Site & Automated Trading

    Dow Theory has just signaled that all is well, the markets are likely to rise in major fashion. Use this knowledge to improve futures trading strategies in this video and on my website. Automated Trading Systems: http://traderoffutures.com Learn to Trade Futures: https://traderoffutures.com JOIN OUR MAILING LIST http://bit.ly/join-list

    published: 06 Jul 2017
  • SPX news – Technical analysis by Dow theory 07-09-16

    Hello everbody, In this video you will find by thoughts about the S&P500 based on the Dow theory. This analysis is meaning the intraday trading. If you have any questions feel free to ask me. If you want to learn the trading based on the Dow theory please visit my homepage www.gabel-trading.com. Every details about AgenaTrader, the software which I use for my trading you will find here: www.tradeescort.com. Please visit our webinars as well. I hope you will favorably disposed towards me and always remember: the journey is the reward! warm regards Markus Gabel http://www.elitetrader.com/et/index.php?threads/trading-with-dow-theory.299350/#post-4273282 www.gabel-trading.com

    published: 07 Sep 2016
  • Dow Theory Predicts Correction

    http://profitableinvestingtips.com/stock-investing/dow-theory-predicts-correction Dow Theory Predicts Correction By www.ProfitableInvestingTips.com A hundred year old stock market predictor has investors worried. The Wall Street Journal reports that Dow Theory is indicating a market correction. It has to do with surging industrials and lagging transportation stocks. Warning signals from a century-old stock-market analysis tool known as Dow Theory are sparking debate about whether stocks are headed for a fall. Dow Theory holds that any lasting rally to new highs in the Dow Jones Industrial Average must be accompanied by a new high in the Dow Jones Transportation Average-the 20-stock index that tracks some of the largest U.S. airlines, railroads and trucking companies. When the transpor...

    published: 31 Jul 2015
  • Dow Theory Does not Work- How to invest in Stocks by using Alternative Dow Theory

    The Dow theory is past it's prime and no longer works. If you want to learn how to invest in stocks the right way and make money, consider using the Alternative Dow theory that is far superior.

    published: 05 Oct 2016
  • What is DOW THEORY? What does DOW THEORY mean? DOW THEORY meaning, definition & explanation

    What is DOW THEORY? What does DOW THEORY mean? DOW THEORY meaning - DOW THEORY definition - DOW THEORY explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Six basic tenets of Dow theory: 1. The market has three movements (1) The "main movement", primary movement or major trend may last from less than a year to several years. It can be bullish or bearish. (2) The "medium swing", secondary reaction or intermediate reaction may last from ten days to three months and generally retraces from 33% to 66% of the primary price change since the previous medium swing or start of the main movement. (3) The "short swing" or minor movement varies with opinion from hours to a month or more. The three movements may be simultane...

    published: 11 Feb 2017
  • “Beating The Dow” Author Pick Five Dow Stocks | Trading Nation | CNBC

    Michael O’Higgins, the author of “Beating the Dow,” explains how his strategy works and selects five stocks that could be poised to outperform, in this interview with Brian Sullivan. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC “Beating The Dow” Author Pick Five Dow Stocks | Trading Nation ...

    published: 03 Jan 2017
  • Introduction to DOW THEORY (Stock markets)

    TO JOIN THE NEXT BATCH CONTACT 7536807363 ANIMESH.VASHISHT@GMAIL.COM

    published: 27 Jun 2017
Dow Theory - An Introduction

Dow Theory - An Introduction

  • Order:
  • Duration: 4:41
  • Updated: 22 Nov 2007
  • views: 192262
videos
This is the second video in our free introductory course on technical analysis. See our http://www.informedtrades.com/trades.php?page=freetradingcourses Get started with a free practice account here: http://bit.ly/forex-demo1 An overview of the first three tenets of Dow Theory. The second in a series on technical analysis for active traders of the stock, futures and forex markets. Don't forget to check out our huge (and growing!) collection of organized material to help traders learn. Visit, register as a member, and participate in our learning community at http://www.informedtrades.com. VIDEO TRANSCRIPTION (to see this transcription with links, and images of charts, go here: http://www.informedtrades.com/1964-dow-theory.html) In the last lesson on technical analysis we talked a bit about the different ways that traders analyze the markets. In this lesson we will look at the history of technical analysis and something known as Dow Theory. Most consider the father of technical analysis to be Charles Dow, the founder of Dow Jones and Company which publishes the Wall Street Journal. Around 1900 he wrote a series of papers which looked at the way prices of the Dow Jones Industrial Average and the Dow Jones Transportation Index moved. After analyzing the Indexes he outlined his belief that markets tend to move in similar ways over time. These papers, which were expanded on by other traders in the years that followed, became known as "Dow Theory". Although Dow Theory was written over 100 years ago most of its points are still relevant today. Dow focused on stock indexes in his writings but the basic principles are relevant to any market. Dow Theory is broken down into 6 basic tenets. In this lesson we are going to take a look at the first 3 and then finish up our conversation of Dow Theory in the next lesson by looking at the last three. The first tenet of Dow Theory is that The Markets Have 3 Trends. • Up Trends which are defined as a time when successive rallies in a security price close at levels higher than those achieved in previous rallies and when lows occur at levels higher than previous lows. • Down Trends which are defined as when the market makes successive lower lows and lower highs. • Corrections which are defined as a move after the market makes a move sharply in one direction where the market recedes in the opposite direction before continuing in its original direction. The second tenet of Dow Theory is that Trends Have 3 Phases: • The accumulation phase which is when the "expert" traders are actively taking positions which are against the majority of people in the market. Price does not change much during this phase as the "experts" are in the minority so they are not a large enough group to move the market. • The public participation phase which is when the public at large catches on to what the "experts" know and begin to trade in the same direction. Rapid price change can occur during this phase as everyone piles onto one side of a trade. • The Excess Phase where rampant speculation occurs and the "smart money" starts to exit their positions. Here you can start to see how the psychology of investors and traders comes into play an important concept which we will delver deeper into in later lessons. The third tenet of Dow Theory is that The Markets Discount All News, meaning that once news is released it is quickly reflected in the price of an asset. On this point Dow Theory is in line with the efficient market hypothesis which states that: "the efficient market hypothesis (EMH) asserts that financial markets are "informationally efficient", or that prices on traded assets, e.g., stocks, bonds, or property, already reflect all known information and therefore are unbiased in the sense that they reflect the collective beliefs of all investors about future prospects." Source: Wikipedia This concept that the markets discount all news is one that is sited in arguments in favor of using technical analysis as a tool to profit from the markets as if it is true that markets already discount all fundamental factors then the only way to beat the market would be through technical analysis. So now you should have a good understanding of the first three tenets of Dow Theory including the different types of trends, the different phases of trends, and Dow's concept that the price of an asset already reflects all known news. In our next lesson on Dow theory we are going to look at the second three tenents.
https://wn.com/Dow_Theory_An_Introduction
What Is The Dow Theory?

What Is The Dow Theory?

  • Order:
  • Duration: 5:02
  • Updated: 05 Apr 2015
  • views: 19962
videos
The ‘Dow Theory’ which was created 100 years ago by Charles Dow was also the owner of the Dow Jones news company. It is considered by many the foundation of Technical analysis. We explore the first 4 concepts Dow Theory explains. Names of papers written about the Dow Theory: The Stock Market Barometer" (1922), Robert Rhea's "The Dow Theory" (1932), E. George Schaefer's "How I Helped More Than 10,000 Investors To Profit In Stocks" (1960) and Richard Russell's "The Dow Theory Today" (1961). Today the Nifty and Sensex are accepted as the barometer of the economy, but Dow was the first person to say that the overall market is a reflection of business conditions, by analysing the trend we could gauge direction of the overall economy and individual companies through their stock prices. Dow created the Dow Jones industrial index and the Dow Jones rail index. Les learn what the Dow theory encompassed 1) Markets Discount Everything The first premise is that the all available information in the market will reflect in price. This includes everything from emotions, earnings, inflation and the fear of a world war breaking out! Okay maybe not, but what it really means is that the market has all information available but only as soon as it becomes relevant will it reflects in price. 2) Markets Trend Markets will trend upwards, downwards or sideways for long periods of time. Think HCL when we talk about uptrends, JP Associates when we see downtrends and CAIRN India for sideways. Sideways trends occur when no clear trend emerges. 3) Phases of These Trends Now an uptrend for example has phases separated by aggressiveness. The accumulation phase, public participation marked as awareness and excess phase marked as mania (see video for chart) . This is interesting that we can see the same behaviour in the Nifty chart even after 100 years showing that human behaviour really doesn’t change a lot even after 100 years. Maybe we are hardwired in certain behaviours. 4) The Averages Must Confirm Each Other 100 years ago it made sense to compare averages against each other to judge strength. In today's world information flow more freely and instantaneously. Perhaps this is less relevant today. Following the Nifty or Sensex is enough to gauge market trends.
https://wn.com/What_Is_The_Dow_Theory
SPX news – Technical analysis by Dow theory

SPX news – Technical analysis by Dow theory

  • Order:
  • Duration: 5:41
  • Updated: 17 Aug 2016
  • views: 128
videos
Hello everbody, In this video you will find by thoughts about the S&P500 based on the Dow theory. This analysis is meaning the intraday trading. If you have any questions feel free to ask me. If you want to learn the trading based on the Dow theory please visit my homepage www.gabel-trading.com. Every details about AgenaTrader, the software which I use for my trading you will find here: www.tradeescort.com. Please visit our webinars as well. I hope you will favorably disposed towards me and always remember: the journey is the reward! warm regards Markus Gabel http://www.elitetrader.com/et/index.php?threads/trading-with-dow-theory.299350/#post-4273282 www.gabel-trading.com #SPX, #Daytrading, #AgenaTrader, #DowTheory, #DowHowSetup, #Futures #markets
https://wn.com/Spx_News_–_Technical_Analysis_By_Dow_Theory
Trading Trends: Explaining the Dow Theory

Trading Trends: Explaining the Dow Theory

  • Order:
  • Duration: 2:12
  • Updated: 15 Jan 2016
  • views: 534
videos
The Globe's Jennifer Dowty explains how the Dow indexes can show whether we are in a technical bear market or a technical bull market
https://wn.com/Trading_Trends_Explaining_The_Dow_Theory
Dow theory

Dow theory

  • Order:
  • Duration: 5:52
  • Updated: 11 Aug 2016
  • views: 15
videos
A brief explanation of the history of technical analysis and how Dow theory is applied to this day, more than a hundred years later.
https://wn.com/Dow_Theory
Video: Trump sends Dow to 21,000

Video: Trump sends Dow to 21,000

  • Order:
  • Duration: 5:53
  • Updated: 01 Mar 2017
  • views: 350
videos
The best day of the year on Wall Street, the Trump boycott continues and marijuana to create 250,000 jobs by 2020, according to a new report. 680 NEWS business editor Richard Southern has the details.
https://wn.com/Video_Trump_Sends_Dow_To_21,000
How I use Dow Theory

How I use Dow Theory

  • Order:
  • Duration: 5:43
  • Updated: 22 May 2014
  • views: 498
videos
https://wn.com/How_I_Use_Dow_Theory
Dow Theory - Breakout Trading

Dow Theory - Breakout Trading

  • Order:
  • Duration: 1:25
  • Updated: 22 Mar 2016
  • views: 746
videos
Trading Software AgenaTrader https://agenatrader.com your ultimate Trading Platform for Stocks, Futures, FX and CFDs. DISCLAIMER: Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer's investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk.
https://wn.com/Dow_Theory_Breakout_Trading
Stocks Hit Record Highs With Dow above 20,000; What’s Next?

Stocks Hit Record Highs With Dow above 20,000; What’s Next?

  • Order:
  • Duration: 3:01
  • Updated: 25 Jan 2017
  • views: 1683
videos
The U.S. stock market is on a tear with all major indexes trading at record highs. The Dow Jones is trading above 20,000 while the S&P 500 zeroes in on 2,300. And, although it seemed like the so-called Trump rally in stocks was slowing Tuesday, analysts were telling TheStreet.com’s correspondent Scott Gamm that there is still be room for growth. Speaking with Kitco’s Daniela Cambone, Gamm shares his insights as to what Wall St. experts are telling him. Given that President Trump has hosted business and CEOs into the White House already shows his commitment to helping business in America, notes Gamm. ‘There was this feeling after the financial crisis that big business took a hit…but now that we have a business President, big business is welcomed in the White House.’ Improving investor risk sentiment is weighing on the gold market as prices have fallen below $1,200. February gold futures last traded at $1,197.70 an ounce, down more than 1% on the day. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: http://www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
https://wn.com/Stocks_Hit_Record_Highs_With_Dow_Above_20,000_What’S_Next
New Dow Theory Signal Printed - No Economic Collapse In Site & Automated Trading

New Dow Theory Signal Printed - No Economic Collapse In Site & Automated Trading

  • Order:
  • Duration: 4:28
  • Updated: 06 Jul 2017
  • views: 190
videos
Dow Theory has just signaled that all is well, the markets are likely to rise in major fashion. Use this knowledge to improve futures trading strategies in this video and on my website. Automated Trading Systems: http://traderoffutures.com Learn to Trade Futures: https://traderoffutures.com JOIN OUR MAILING LIST http://bit.ly/join-list
https://wn.com/New_Dow_Theory_Signal_Printed_No_Economic_Collapse_In_Site_Automated_Trading
SPX news – Technical analysis by Dow theory 07-09-16

SPX news – Technical analysis by Dow theory 07-09-16

  • Order:
  • Duration: 7:13
  • Updated: 07 Sep 2016
  • views: 95
videos
Hello everbody, In this video you will find by thoughts about the S&P500 based on the Dow theory. This analysis is meaning the intraday trading. If you have any questions feel free to ask me. If you want to learn the trading based on the Dow theory please visit my homepage www.gabel-trading.com. Every details about AgenaTrader, the software which I use for my trading you will find here: www.tradeescort.com. Please visit our webinars as well. I hope you will favorably disposed towards me and always remember: the journey is the reward! warm regards Markus Gabel http://www.elitetrader.com/et/index.php?threads/trading-with-dow-theory.299350/#post-4273282 www.gabel-trading.com
https://wn.com/Spx_News_–_Technical_Analysis_By_Dow_Theory_07_09_16
Dow Theory Predicts Correction

Dow Theory Predicts Correction

  • Order:
  • Duration: 4:03
  • Updated: 31 Jul 2015
  • views: 144
videos
http://profitableinvestingtips.com/stock-investing/dow-theory-predicts-correction Dow Theory Predicts Correction By www.ProfitableInvestingTips.com A hundred year old stock market predictor has investors worried. The Wall Street Journal reports that Dow Theory is indicating a market correction. It has to do with surging industrials and lagging transportation stocks. Warning signals from a century-old stock-market analysis tool known as Dow Theory are sparking debate about whether stocks are headed for a fall. Dow Theory holds that any lasting rally to new highs in the Dow Jones Industrial Average must be accompanied by a new high in the Dow Jones Transportation Average-the 20-stock index that tracks some of the largest U.S. airlines, railroads and trucking companies. When the transport average lags, it can presage broader stock declines. The Dow transports are sitting on a 6.9% decline for the year. They haven’t hit an all-time high since Dec. 29. Delta Air Lines Inc. has dropped 13%, United Parcel Service Inc. 9.6% and railroad CSX Corp. 5%. When business and industry are humming along they should be shipping products. The fact that transportation stocks are slumping indicates that perhaps the industrials are inflated. Thus the Dow Theory predicts a correction. How Long Can a Rally Last (without a correction)? While Dow Theory predicts a correction so does common sense. The market has gone up for four years with a ten percent pullback, the standard definition of a correction. Market Watch gives their opinion about June swoons as opposed to how Dow Theory predicts correction. In 119 years that the Dow Jones Industrial Average DJIA, +1.44% has been calculated, the Dow has risen in 63 Junes (53%) and fallen in 56. In the positive Junes the gains averaged 4.3%; in negative Junes declines averaged 3.4%. The odds narrow a tad if just the “modern” era is considered. In the 69 Junes since the end of World War II, the Dow rose in 36 of them (52%) and fell in 33. The average gain in up years was 3.2% and the average decline in down years was 2.6%. Despite the time honored advice to sell in May and go away, it turns out that stocks more often go up than down in May. So a weakening market right now is not the norm. Long Overdue CNN Money says that the stock market is long overdue for a big drop. It has been 925 trading days since the stock market had a correction, according to a recent Deutsche Bank (DB) report. That's more than double the average length of time it usually takes. A correction is a 10% or greater decline in the stock market in a short period of time. The average rally period without a correction is 357 trading days, according to a Deutsche Bank analysis of stock market moves since the 1950s. The Deutsche Bank strategists aren't quite ready to say a correction is imminent, but they add their voices to those saying: Beware! People are looking at various predictors to decide if the market is about to hiccup or not. While the Dow Theory predicts a correction so does the law of averages. http://youtu.be/h9BmQEUEfyY
https://wn.com/Dow_Theory_Predicts_Correction
Dow Theory Does not Work- How to invest in Stocks by using Alternative Dow Theory

Dow Theory Does not Work- How to invest in Stocks by using Alternative Dow Theory

  • Order:
  • Duration: 3:50
  • Updated: 05 Oct 2016
  • views: 14995
videos
The Dow theory is past it's prime and no longer works. If you want to learn how to invest in stocks the right way and make money, consider using the Alternative Dow theory that is far superior.
https://wn.com/Dow_Theory_Does_Not_Work_How_To_Invest_In_Stocks_By_Using_Alternative_Dow_Theory
What is DOW THEORY? What does DOW THEORY mean? DOW THEORY meaning, definition & explanation

What is DOW THEORY? What does DOW THEORY mean? DOW THEORY meaning, definition & explanation

  • Order:
  • Duration: 5:48
  • Updated: 11 Feb 2017
  • views: 123
videos
What is DOW THEORY? What does DOW THEORY mean? DOW THEORY meaning - DOW THEORY definition - DOW THEORY explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Six basic tenets of Dow theory: 1. The market has three movements (1) The "main movement", primary movement or major trend may last from less than a year to several years. It can be bullish or bearish. (2) The "medium swing", secondary reaction or intermediate reaction may last from ten days to three months and generally retraces from 33% to 66% of the primary price change since the previous medium swing or start of the main movement. (3) The "short swing" or minor movement varies with opinion from hours to a month or more. The three movements may be simultaneous, for instance, a daily minor movement in a bearish secondary reaction in a bullish primary movement. 2. Market trends have three phases Dow theory asserts that major market trends are composed of three phases: an accumulation phase, a public participation (or absorption) phase, and a distribution phase. The accumulation phase (phase 1) is a period when investors "in the know" are actively buying (selling) stock against the general opinion of the market. During this phase, the stock price does not change much because these investors are in the minority demanding (absorbing) stock that the market at large is supplying (releasing). Eventually, the market catches on to these astute investors and a rapid price change occurs (phase 2). This occurs when trend followers and other technically oriented investors participate. This phase continues until rampant speculation occurs. At this point, the astute investors begin to distribute their holdings to the market (phase 3). 3. The stock market discounts all news Stock prices quickly incorporate new information as soon as it becomes available. Once news is released, stock prices will change to reflect this new information. On this point, Dow theory agrees with one of the premises of the efficient-market hypothesis. 4. Stock market averages must confirm each other In Dow's time, the US was a growing industrial power. The US had population centers but factories were scattered throughout the country. Factories had to ship their goods to market, usually by rail. Dow's first stock averages were an index of industrial (manufacturing) companies and rail companies. To Dow, a bull market in industrials could not occur unless the railway average rallied as well, usually first. According to this logic, if manufacturers' profits are rising, it follows that they are producing more. If they produce more, then they have to ship more goods to consumers. Hence, if an investor is looking for signs of health in manufacturers, he or she should look at the performance of the companies that ship their output to market, the railroads. The two averages should be moving in the same direction. When the performance of the averages diverge, it is a warning that change is in the air. Both Barron's Magazine and the Wall Street Journal still publish the daily performance of the Dow Jones Transportation Average in chart form. The index contains major railroads, shipping companies, and air freight carriers in the US. 5. Trends are confirmed by volume Dow believed that volume confirmed price trends. When prices move on low volume, there could be many different explanations. An overly aggressive seller could be present for example. But when price movements are accompanied by high volume, Dow believed this represented the "true" market view. If many participants are active in a particular security, and the price moves significantly in one direction, Dow maintained that this was the direction in which the market anticipated continued movement. To him, it was a signal that a trend is developing. 6. Trends exist until definitive signals prove that they have ended Dow believed that trends existed despite "market noise". Markets might temporarily move in the direction opposite to the trend, but they will soon resume the prior move. The trend should be given the benefit of the doubt during these reversals. Determining whether a reversal is the start of a new trend or a temporary movement in the current trend is not easy. Dow Theorists often disagree in this determination. Technical analysis tools attempt to clarify this but they can be interpreted differently by different investors.
https://wn.com/What_Is_Dow_Theory_What_Does_Dow_Theory_Mean_Dow_Theory_Meaning,_Definition_Explanation
“Beating The Dow” Author Pick Five Dow Stocks | Trading Nation | CNBC

“Beating The Dow” Author Pick Five Dow Stocks | Trading Nation | CNBC

  • Order:
  • Duration: 5:47
  • Updated: 03 Jan 2017
  • views: 263
videos
Michael O’Higgins, the author of “Beating the Dow,” explains how his strategy works and selects five stocks that could be poised to outperform, in this interview with Brian Sullivan. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC “Beating The Dow” Author Pick Five Dow Stocks | Trading Nation | CNBC
https://wn.com/“Beating_The_Dow”_Author_Pick_Five_Dow_Stocks_|_Trading_Nation_|_Cnbc
Introduction to DOW THEORY (Stock markets)

Introduction to DOW THEORY (Stock markets)

  • Order:
  • Duration: 36:14
  • Updated: 27 Jun 2017
  • views: 274
videos
TO JOIN THE NEXT BATCH CONTACT 7536807363 ANIMESH.VASHISHT@GMAIL.COM
https://wn.com/Introduction_To_Dow_Theory_(Stock_Markets)
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