Is Dow Theory Telling Us The Stock Rally Is Going To Fail? | Seeking Alpha
Here is an excellent article about investing aspects of the Dow stocks and transportation stocks. If both are making new highs, we are in a bull market. If both are making new lows, we are in a bear market. If the Dow is making new highs while transportation is not, then we are in uncertain times.
In other words, you are better sitting in preferred dividend stocks like PFF and FFC along with government bonds in BLV. If you own individual stocks, it should be only the strongest ones like AMZN and FB. I own all the stocks mentioned here since nobody knows what the stock market will do next.
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