Thursday, April 10, 2014

Dow Theory Update for April 10: Stocks collapse on bearish volume. Trends remain unchanged, though





Gold and silver shine, but miners don’t.


No time today for a lengthy post. In spite of the almost apocalyptic decline, the trend for stocks has not changed. Once again, you see that daily observations, while necessary, are mainly noise.

The trend for precious metals and their mining stocks remains unchanged.

Sincerely,
The Dow Theorist.

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