Casual Friday: Financial Insights

Dow Theory Update: Bullish Signals?

July 21, 2023 Ford Financial Group
Casual Friday: Financial Insights
Dow Theory Update: Bullish Signals?
Show Notes

This week Brian discusses how expanding market breadth and renewed hope for an economic soft landing have recently pushed the Dow Jones Industrial Average and Dow Jones Transportation Average to new 52-week highs, and how the breakout on both indices has produced a Dow Theory buy signal also adds to the evidence that the primary trend of the broader market is higher.

Chart: Dow Returns After Win Streak

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