stock market © Tachjang |
© Tachjang

“The Dow theory … says the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high and is accompanied or followed by a similar advance in the other average. For example, if the Dow Jones Industrial Average (DJIA) climbs to an intermediate high, the Dow Jones Transportation Average (DJTA) is expected to follow suit within a reasonable period of time.” Investipedia

With the US stock market struggling to surge above ...

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  • Amanda Noble

    May 30, 2018 at 2:54 pm

    Very interesting. Thanks for the article.

    • Ale Pasetti

      June 12, 2018 at 4:54 pm

      Thanks Amanda, much appreciated!

  • Jordan Blake

    June 12, 2018 at 4:00 pm

    So you can position after 72 hours of the written article? How is that trustworthy to the readers? In barely 3 days?

    • Ale Pasetti

      June 12, 2018 at 5:09 pm

      Very good question, Jordan.

      This is standard disclosure in the security industry, as well as on other leading websites worldwide.

      (https://seekingalpha.com/author/alessandro-pasetti/articles#regular_articles)

      And it is appropriate, really, if you are familiar with the way share prices move on different exchanges (regulated markets, OTC, and so forth) within 24 hours after a column/analysis is published.

      It’s important that I (“WE”, at The Loadstar) do not affect share prices, one way or another, in the immediate aftermath of the article, and if/when we do, we must clearly state where we stand in regard to the investment opportunity. That’s precisely what we did here.

      Crucially, your concern should ease after reading that I abide by WSJ rules – in other words, with regard to compliance risk, when I cover a stock/bond/others, I never invest in the asset class in question.

      Moreover, The Loadstar is not a trading platform, so this debate is merely about cosmetics rather than substance. That said, the disclosure at the bottom of this article should make you feel comfortable with compliance risk, if any, in this context. Thanks again for stopping by and raising some very valid points.

      Best regards,

      Ale.