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 Welcome to Dow Theory Letters

A Leader and Innovator in Technical Stock Market Analysis

 for over 50 Years!


Founder Richard Russell's team of talented analysts work daily to bring you the best of primary trend analysis, investor education and intelligent investing advice.


How We Are Different

  • We believe in “market timing.” Our goal is to get you out at the top and in at the bottom of major, long-term market moves.
  • Daily edition. Dow Theory Letters is published daily, an hour after the market closes, at 2 pm, Pacific Standard Time. 
  • Value. We provide the analysis of our entire team to you for one low price.


What You Get

  • Daily market analysis from one of our outstanding columnists
  • "Richard's Wisdom" -- weekly column of selected past writings of Richard Russell, with commentary from the Dow Theory team relating them to market conditions today
  • The Primary Trend Index (PTI) our proprietary trend indicator
  • Market data section with everything you need to get a full picture of how the market is evolving



Quote of the Day

"If an egg is broken by an outside force, life ends. If broken by an inside force, life begins. Great things always begin from the inside." - Jim Kwik

Daily Recap

Stock markets were fairly calm around the world, as people digest president Trump's interesting speech at the UN yesterday.  The Asia Dow gave up 0.14%, and the STOXX 600 lost 0.04% on a basically featureless day.



Still Time for the Cyclicals?

by Jon S. Strebler


There’s Hurricane Jose, and two more behind it that may cause much more grief. Plus, we’re only about half-way through hurricane season. But at least in terms of Florida and Texas, Hurricanes Irma and Harvey, the US is into recovery mode and that, as discussed last week, will be a great boon for the construction industry.



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