Click Here to Subscribe Now! Try a 3-month trial for only $68 Let's Connect:    

 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

“Be there for others, but never leave yourself behind.” - Dodinsky

Daily Recap

N. Korea's surprise claim that they never expressed interest in denuclearization, endangering the possibility of a summit meeting with the US, had no apparent impact on markets outside of Asia. Stocks were only moderately lower there, with the Asia Dow finishing down a paltry 0.07%. In Europe, Italian chaos sent that country's stocks and bonds sharply lower, but that didn't keep most other markets from having a decent day. The UK's FTSE scored four-month highs, leading the STOXX 600 to a 0.21% gain.



Turning the Corner

by Jon S. Strebler 


The stock market has turned the corner after three months of correction that started in late-January. Or so an eye-catching headline on MarketWatch suggested over the weekend. Their reporter Anora Guadiano thinks that the market has been digesting fears about inflation, trade wars, rate hikes and “other geopolitical issues” since late-January, and now all of those concerns are priced into current share values. This chart amply illustrates the market’s “turned corner”, if indeed that is what has happened.



More Articles »