The Market Discounts Everything

The Market Discounts Everything The first basic premise of Dow theory suggests that all information – past, current and even future – is discounted into the markets and reflected in the prices of stocks and indexes. That information includes everything… Read More

The Three-Trend Market

The Three-Trend Market An important part of Dow theory is distinguishing the overall direction of the market. To do this, the theory uses trend analysis. Before we can get into the specifics of Dow theory trend analysis, we need to… Read More