Thursday, February 14, 2008
Stock Trader's Almanac 2005 (Stock Trader's Almanac) by Jeffrey A. Hirsch
Product Description
This practical investment tool contains a wealth of information you can use to enhance your profit potential. Organized on a calendar basis, the Almanac alerts you to little-known market patterns and tendencies useful in forecasting market trends. You'll learn:
How our presidential elections affect the economy and the stock market.
How the passage of the Twentieth Amendment to the Constitution fathered the January Barometer, which has a 90.7% accuracy ratio.
Why there is a significant market bias at certain times of the day, week, month, and year.
Even if you pay scant attention to cycles, indicators, and patterns, your investment survival could hinge on your interpretation on one of the recurring patterns found with these pages. Order your copy today!
Product Details
Amazon Sales Rank: #517383 in Books
Published on: 2004-10-28
Number of items: 1
Binding: Spiral-bound
192 pages
Editorial Reviews
Download Description
J.P. Morgan's classic retort "Stocks will fluctuate" is often quoted with a wink-of-the-eye implication that the only predication one can make about the stock market is that it will go up, down, or sideways. Many investors agree that no one ever really knows which way the market will move. Nothing could be farther from the truth. We discovered that while stocks do indeed fluctuate, the do so in well-defined, often predictable, patterns. These patterns recur too frequently to be the result of chance or coincidence. How else do we explain that since 1950 practically all the gains in the market were made during November thorough April compared to almost nothing May through October? (See page 50)
The Almanac is a practical investment tool. Its wealth of information is organized on a calendar basis. It alerts you to those little-know market patterns and tendencies on which shrewd professional enhance profit potential.
You will be able to forecast market trends with accuracy and confidence when you use the Almanac to help you understand:
How our presidential elections affect the economy and the stock market - just as the moon affects the tides. Many investors have made fortunes following the political cycle. You can be sure that money managers who control billions of millions of dollars are also political cycle watchers. Astute people do not ignore a pattern that has been working effectively throughout most of our economic history.
How the passage of the Twentieth Amendment to the Constitution fathered the January Barometer. This barometer has an outstanding record for predicting the general course of the stock market each year with only five major errors since 1950 for a 90.7% accuracy ratio.
Why there is a significant market bias at certain times of the day, week, month, and year.
Even if you are an investor who pays scant attention to cycles, indicators and patterns, your investment survival could hinge on your interpretation on one of the recurring patterns found with these pages. One of the most intriguing and important patterns is the symbiotic relationship between Washington and Wall Street. Aside from the potential profitability in seasonal patterns, there’s the pure joy of seeing the market very often do just what you expected.
From the Back Cover
Critical Praise for STOCK TRADER'S ALMANAC 2OO4
"Jeff Hirsch is following in the great tradition of his father, Yale Hirsch, with this nonpareil almanac of Wall Street data. It's a treasure for investors who want to remember the past as they plan the future."
--LOUIS RUKEYSER, host and commentator of the world's favorite money program, Louis Rukeyser's Wall Street and Editor in Chief of the monthly Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds newsletters
"Information is key to successful investing and investors will find the Almanac chock-a-block source of need-to-know stuff."
--STEVE FORBES, President, CEO, and Editor in Chief, Forbes
"I have every issue since 1976 in my bookcase. The Stock Trader's Almanac is an invaluable resource."
--MARTY ZWEIG, author, Martin Zweig's Winning on Wall Street
"The Stock Trader's Almanac should be on every investor's desk. It's an invaluable source of investment advice, trading patterns, and Wall Street lore. It's also fun to read. I refer to it frequently throughout the year."
--MYRON KANDEL, CNN Financial Editor
Download Description
J.P. Morgan's classic retort "Stocks will fluctuate" is often quoted with a wink-of-the-eye implication that the only predication one can make about the stock market is that it will go up, down, or sideways. Many investors agree that no one ever really knows which way the market will move. Nothing could be farther from the truth. We discovered that while stocks do indeed fluctuate, the do so in well-defined, often predictable, patterns. These patterns recur too frequently to be the result of chance or coincidence. How else do we explain that since 1950 practically all the gains in the market were made during November thorough April compared to almost nothing May through October? (See page 50)
The Almanac is a practical investment tool. Its wealth of information is organized on a calendar basis. It alerts you to those little-know market patterns and tendencies on which shrewd professional enhance profit potential.
You will be able to forecast market trends with accuracy and confidence when you use the Almanac to help you understand:
How our presidential elections affect the economy and the stock market - just as the moon affects the tides. Many investors have made fortunes following the political cycle. You can be sure that money managers who control billions of millions of dollars are also political cycle watchers. Astute people do not ignore a pattern that has been working effectively throughout most of our economic history.
How the passage of the Twentieth Amendment to the Constitution fathered the January Barometer. This barometer has an outstanding record for predicting the general course of the stock market each year with only five major errors since 1950 for a 90.7% accuracy ratio.
Why there is a significant market bias at certain times of the day, week, month, and year.
Even if you are an investor who pays scant attention to cycles, indicators and patterns, your investment survival could hinge on your interpretation on one of the recurring patterns found with these pages. One of the most intriguing and important patterns is the symbiotic relationship between Washington and Wall Street. Aside from the potential profitability in seasonal patterns, there’s the pure joy of seeing the market very often do just what you expected.
Customer Reviews
Beware of superbookdeals seller
If you want to buy the book, go ahead, just be careful of superbookdeals, they take your money but don't deliver and don't answer emails. Caveat Emptor.
An Amazing Stock Tool
The Stock Trader's Almanac has already helped me with my trades.
What does it do?
It tells you what has happened in the Dow and Nasdaq in the passt so that you can predict with fairly good accuracy what will happen in the future. It also tells you in very plain English what the seasonal trends have been and what trends have been in pre and post presidential elections.
I would highly recommend this book.
This book has already helped me with my trades
The Stock Trader's Almanac tells you what has happened historically in the market so that you can predict with fairly good accuracy what will happen in the future.
For example: The Day after most holidays are almost always great for the market. An exception is the day after Easter which is almost always a down day in the market but the Tuesday after Easter usually surges. I read that information, checked my charts, and placed my orders accordingly. Guess what? The market performed exactly as it's historical record predicted.
This book is a wonderful source of seasonal trends and historical data. After all to ignore the past is to go blindly into the future.
I would highly recommend this book.
Labels:
Business,
Stock Market

