The top investment newsletter for market commentary and analysis is directed at the serious student of the market. It is aimed at those who wish to become top notch investors themselves and are not content to merely follow recommendations. This letter follows fundamental analysis, technical analysis as well as general investor psychology towards the market.

The top investment newsletter for general market commentary and analysis is undoubtedly the Dow Theory Letters by Richard Russell. This letter has been in operation for almost 40 years now, and the editor writes almost every day. Each letter is packed with insights about the market, gained through real experience in stock, bond and precious metals market. Especially insightful are the freely available articles on his website about how to become rich and the ideal type of business.

While the title of the letter is based on a century old technical analysis method named after Charles Dow, the letter itself covers a wide variety of technical analysis methods, apart from fundamental analysis and psychological trends. Mastery of the Dow Theory has allowed Richard Russell to become very good at forecasting macro-economic trends, especially shifts that are significant. The letter does give stock recommendations, and occasionally provides updates on the list of recommended stocks, but tracking recommendations is not the strongest suit of the newsletter. There are other top investment newsletters that do that much better. However, the recommendations are all worth your time and money - since they often reflect purchases aligning you with some fundamental shift in the economy (like for example, recommendations in precious metals or commodities).

Richard Russell is a serious student of the bond market as well- he has made significant money over time by investing in them. He strongly recommends income oriented securities - such as bonds, dividend paying stocks, income oriented mutual funds - especially those with non-dollar assets. His leaning in favor of income is to reduce overall risk for the average investor's portfolio.

However, the main reason to read Richard's daily dispatches is to read his take on the overall market & economy. You cannot replace the experience and his general feel for the market - and his gut feel rarely goes wrong, even if it takes longer than you may expect to work out. Many of the top investment advisors read his works to get a good sense of what is fundamentally happening in the economy, both in the US and internationally.

The best way to benefit from this top investment newsletter is to use it to learn how the market operates, how to use the many different indicators usefully to predict the future of the market, and how to align your portfolio to take advantage of the largest macro-economic trends in the market. If you are ready for a serious study of the markets and learn how to predict its movements, then the Dow Theory Letters is for you.