Noted technical analyst John Person outlines a comprehensive method to pinpointing today's best trading opportunities The economy and stock market are heavily influenced by seasonal factors. For example, a strong holiday buying season tends to be bullish for retail stocks or rising energy costs hurt airline profitability. Awareness of seasonal trends in both the economy and stock market can put you in a better position to profit from sectors and stocks that are likely to outperform the overall market. And technical tools can then be used to confirm emerging trends and time entries into these stocks and sectors. Mastering the Stock Market provides authoritative insights into a method for trading stocks based on seasonal trends, sector analysis, and market timing. Taking a top-down approach, the book explains how seasonal supply/demand forces impact commodities and different sectors of the stock market. After learning how to identify stock market sectors and commodity ETFs that are ripe for a big move, you'll quickly discover how to use technical analysis to gauge the strength of the sector or commodity and then identify the strongest stocks and ETFs to trade. Along the way, you'll also learn how to use the author's own indicators, Persons Pivots, to identify support/resistance areas and pinpoint optimal entry and exit points. Outlines a proven technical approach for trading stocks based on seasonal trends, sector analysis, and market timing Breaks new ground in comparative relative strength, trading volume, breadth indicators, and utilizing pivot analysis in conjunction with options expiration days to identify trading opportunities Written by noted technical analyst John L. Person To successfully trade today's markets you need to use a proven approach and have the discipline to effectively implement it. Mastering the Stock Market has what you need to achieve these goals and capture consistent profits along the way.
This book is devoted to solving the problem of correct timing in the stock market. The book shows how to make correct decisions when to buy and to sell stocks and to be a winner in the market game. The book describes the results of back testing of 570 stocks registered in the New York Stock Exchange over 32-year period (1982-2013). Testing was made by the VK Timing System that produced very high results – more than 50% of an average annual return over the 32-year period. The Dow Jones Industrial Average produced in this period an average annual return of 10.65%. The VK Timing System outperformed the market by about five times. Such outstanding results became possible since the VK Timing System produced very high success ratio equal to 2.24. In other words, one loss was accompanied on average by more than two gains. The book describes also the construction of the system that generated such results. The book would be helpful to all who are trading stocks.
Want to improve your market timing so you can send your investment returns soaring? Market Timing For Dummies takes the guesswork out of developing a trading strategy and provides all of the tools you need to forecast, prepare for, and take advantage of market trends and changes. This authoritative guide is packed with expert advice on how to increase your profits and limit your risk. It helps you grasp the psychology behind market timing as you learn the basics of the method, analyze our finances, select the right software and equipment, and define your market trading style. You’ll get the hang of using technical analysis to identify trends and reversals, catch key turning points, and manage risk as you track general market trends, develop a feel for when a particular trend is vulnerable to change, and seize the moment! Discover how to: Understand how Wall Street really works Use a wide array of market-timing tools Anticipate and prepare for trend shifts using technical analysis Time the stock market with the seasons Time with a feel for the pulse of the market Execute successful timing trades Time the stock, bond, foreign, and commodities markets Yes! You can make money in any market, whether trends are rising, falling, or moving sideways. Let Market Timing For Dummies show you how.
The first definitive guide to understanding and profiting from the relationship between the stock market and interest rates It's well established that interest rates significantly impact the stock market. This is the first book that definitively explores the interest rate/stock market relationship and describes a specific system for profiting from the relationship. Timing the Market provides an historically proven system, rooted in fundamental economics, that allows investors and traders to forecast the stock market using data from the interest rate markets-together with supporting market sentiment and cultural indicators-to pinpoint and profit from major turns in the stock market. Deborah Weir (Greenwich, CT) is President of Wealth Strategies, a firm that does marketing for traditional money managers and hedge funds. She is a Chartered Financial Analyst and is the first woman president of the Stamford CFA Society.
The relationship between emerging stock market and economic growth is conceived as more than a puzzle. The Impact of Stock market on Economic Growth provides in-depth analysis to approach such complex topic by using firm level data on various financial and economic variables. Written in an approachable and easy style, the evidence provided in this book raises questions on the validity of flow of financial service from emerging market.
There is a seasonal bias to the stock market, and by paying attention to the seasonal market tendencies you can gain an edge in the stock market over the long haul. Seasonality offers a practical approach to investing and trading. What better way to learn how to employ seasonal systems than learning from Jay Kaeppel, a master in the analysis of seasonal trends? Kaeppel walks you through this phenomenon that continues to work consistently, providing you with his ultimate seasonal index to make the calendar work for you. Stock Market Seasonals provides a never-before-seen definitive guide that illustrates how to utilize a combination of four basic seasonal tendencies in order to maximize returns.
Contemporary economies of developing countries are changing due to rapid changes in the world economy. The economies of emerging market countries are witnessing changes in the composition of capital flows because world stock markets are expanding rapidly. Foreign direct investment and stock market boom are the indicators of the changing world economic order. Hence, Stock market has been associated with economic growth through its role as source for new private capital. On the other hand, stock market development is the catalyst for economic growth. The purpose of this study examines the relationship between stock market development and economic Growth. Empirically, based on the data for Emerging market and developed market countries during the 10 years’ period, from 1999 – 2008 using the generalized method of moments (GMM) for dynamic panel method approach. To control for the country specific effect, the model is further estimated for the developed and emerging member countries.
Stock market is an important part of financial system of any country and development of stock market is one of the major financial goals of any economy. Pakistan is a developing country which has relatively small stock market but this stock market has performed quite well during last decade. This research aims at determining the role of macroeconomic in stock market development by identifying and empirically analyzing macroeconomic factors that exert some impact over the stock market in Pakistani scenario.
The increasing importance of Stock markets around the world has recently opened a new avenue of research into the relationships between Stock Market and Macroeconomic Variables. It is now a highly debatable area that stock market contributes to economic growth or the other way economic growth contributes to stock market. Researchers continuously make efforts on defining the relationship of stock market and macroeconomic variables. It has now become more difficult to define the relationships between them in the context of increased scarcity of resources, bilateral and multilateral free trade agreements, economic crises, rapidly changing political scenarios and high uncertainty and risks due to world wide terrorist activities. This book provides an insight into the stock market of Pakistan with special focus on macroeconomic variables like inflation,GDP etc effecting the Karachi Stock Exchange (KSE).
In 2007, as the US subprime mortgage market began to fall down, which reached its peak with the catastrophic collapse of the Lehman Brothers, no one was aware of that this was going to be the worst financial crisis since the Great Depression. Evaluating the advantages and disadvantages connected with financial globalization demands a pure understanding of the influence of international market integration and financial volatility. This work therefore focuses on the analysis of the integration of stock markets and forecast performances of stock market and macroeconomic volatility for the period of last global, financial crisis. It has explores the effects of financial volatility during the last global crisis. Moreover, it underlies the importance of stock market volatility during financial crises and introduces another important tool to assess the volatility clustering behavior, namely macroeconomic volatility.
Praise for THE RIGHT STOCK AT THE RIGHT TIME «It is a fundamentally good time to consider the strategies in this book. Macro-market timing, stock-specific approaches, money management revelations, and intermarket analysis. Even better that it is written by someone who has actually done it himself.» —Lindsay Glass Global Market Timing Specialist, Bloomberg LP «This book delivers a knock-out punch to investor pessimism, with an uppercut of bullishness and hard facts.» —Ray Mercer Former World Heavyweight Champion «The stock market is a major stream of income and Williams clearly shows the best time and stocks to buy.» —Robert Allen, New York Times bestselling financial author and millionaire maker «No other book on the horizon comes close to this one. Larry lets you stand on his shoulders and view the market from the vantage of a master.» —Yale Hirsch Chairman, The Hirsch Organization Inc.
The controversy on the impact of stock market performance and economic growth and development is empirically evaluated in this study, using Nigerian data. This effort is spurred by the raging debate on the relevance of stock market in promoting economic growth. Using the Ordinary Least Square regression method, the empirical evidence suggest that stock market size and turnover ratio promote economic growth, while stock market liquidity hurts economic growth. Although our result suggests that stock mark performance indices promote economic growth and development, this evidence should be viewed with some caution. The measure of stock market performance used in this study may not be adequate. Although the market capitalization ratio (market capitalization/GDP), value of transactions traded ratio (value of transaction traded/GDP), and turnover ratio (value of transaction traded/market capitalization) as proxies of stock market performance has been popular in literature, it clearly does not include other indicators of stock market development like international integration, market concentration, regulatory and institutional indicators and stock market volatility.
Recent spikes in oil prices have thrown light on how stock market may be impacted by oil price shocks. The task in this book is to try to find approaches which can explain the main basic characteristics of stock market returns and/or CO prices thereby appropriately analyze the relationship between them. This book conducts three empirical analyzes of the oil–stock relationship for five developed countries using distinct novel approaches. In the first chapter, we test for the existence of this underlying relationship based on a new wavelet approach. The second chapter assesses the impact of nonlinear oil price increases to the stock market returns in presence of structural changes using an MS-EGARCH model. In the final chapter, we combine the wavelet with a trivariate BEKK-MSG model to examine whether there exists a transmission of shocks and/or volatility from real CO changes to real stock market returns.
This book provides an econometric analysis of the Thai stock market in the context of global stock market integration. Chapter 2 presents a comprehensive review on stock market integration. Chapter 3 examines whether stock prices for 16 countries are trend stationary or follow a random walk process using. Chapter 4 investigates the existence of cointegration and causality between the stock market price indices of Thailand and its major trading partners. The Gregory and Hansen (1996) test provide no evidence of a long-run relationship between the stock prices of Thailand and these countries. Chapter 5 explores the relationships between stock market returns of 13 countries. Factor analysis provides evidence that stock returns in a number of Asian countries are highly correlated and, based on the resulting robust factor loadings; they form the first well-defined common factor. Chapter 6 analyzes how 15 international stock markets and five key Thai macroeconomic variables influenced stock returns in Thailand. The results indicate that the Singapore stock market influenced the Thai stock market significantly in both the pre- and post-1997 periods.