Dow theory


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Related to Dow theory: Technical analysis

Dow theory

n.
A theory of stock market forecasting based on price movements of selected industrial and transportation stocks.

[After Charles Henry Dow.]
References in periodicals archive ?
Technical analysis requires you to study charts on price averages, trading volumes and a multitude of technical market theories like Dow theory, Relative Strength Index, Elliott Wave theory and more.
Trading with advanced techniques like Technical analysis can provide students a much needed edge over the competition and help them get acquainted with the concepts like - Dow theory, Candlesticks patterns, Moving averages, Trend lines & channels, Classical price patterns-Rectangle, Types of charts, Fibonacci Retracements & projections, Elliot Wave Principle and much more.
The venerable stock market forecaster Richard Russell in November 2002, writing in his Dow Theory Newsletter, stated, "Ordinary investors are best advised to keep their funds in cash, allowing it to compound .
It's a pretty big change,'' Richard Moroney, editor of Dow Theory Forecasts newsletter who manages $180 million at Horizon Investment Services, said in a phone interview.
For more, see: 10 top dividend-paying stocks Hot, hot Hewlett-Packard Taking down the Dow Theory
New to this edition are chapters replacing Dow Theory, an update of Dow Theory Record, new chapters on Stops and Basing Points, new additions on moving average systems, and new material on Ralph Vince's Leverage Space Model.
At ADS, Dow theory is embedded in our research philosophy.
The principles for Technical analysis are based on the Dow Theory.
com)-- The Dow Theory News letter identifies the new stock market status after a year of uncertainty.
Dow Theory Unplugged: Charles Dow's Original Editorials & Their Relevance Today is the most complete collection of the writings of Charles Dow (co-founder of the "Wall Street Journal" and the Dow Jones Indexes, who developed the basic means for monitoring markets that have been in use for a century), economic pioneer and genius of his era.
Dow Theory Forecasts, an independent investment newsletter is becoming more positive about prospects for the pharmaceutical industry, reporting recently that "there is still value in pharmaceutical stocks.
A cornerstone of technical analysis is the Dow Theory which states that in a true bull or bear trend, both the Dow Jones Industrial Average (DJIA) and Dow Jones Transportation Average (DJTA) must be moving in the same direction.