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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

"Who kept the faith and fought the fight; The glory theirs, the duty ours." Wallace Bruce

Daily Recap

Stocks were mixed and uninspired for most of the day worldwide, though US shares rallied into the close for a fifth day of heading higher.  The Asia Dow index finished down 0.31% despite higher closes in Japan, Hong Kong, Australia, Singapore and China; go figure.  European exchanges were all lower, except for London's FTSE, but that was enough to boost the STOXX 600 by 0.09%.


Making America Great Again

By Jon S. Strebler


Every so often, the sciences challenge conventional wisdom about when America was first settled or visited by humans, with the most recent example coming virtually from my own backyard. Last month paleontologists with the San Diego Natural History Museum presented evidence that a local mastodon was butchered by humans some 130,000 years ago, more than 100,000 years before humans were thought to have been in North America. Their theory is controversial and will need much more analysis and review before being accepted, so at this point it is mostly an interesting possibility.  




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