Highlights
- In today's CMI, we offer a brief primer on Dow Theory, along with a more nuanced version of that more than 100-year-old strategy.
- The takeaway is that sell signals are mounting as transports continue to falter despite strength from industrials.
- This deterioration gets our attention even more so given the still cautious readings from our Risk Gauge.
"Dow Theory Sell Signals Continue to Build."
In 1932, Robert Rhea wrote a book. . .