The Little Book of Stock Market Cycles: How to Take Advantage of Time-Proven Market Patterns

ISBN-13: 9781118270110 / Angielski / Twarda / 2012 / 240 str.

Jeffrey A. Hirsch

Opis

Jeffrey Hirsch discusses how to capture market-beating returns by following specific stock market cycles While predicting the direction of the stock market at any given point is difficult, it's a fact that the market exhibits well-defined and sometimes predictable patterns. While cycles do not repeat exactly all of the time, statistical evidence suggests that cyclical tendencies are very strong and should not be ignored by investors. The Little Book of Stock Market Cycles will show you how to profit from these recurring stock market patterns and cycles. Written by Jeffrey Hirsch, President of the Hirsch Organization and Editor-in-Chief of the Stock Trader's Almanac, this reliable resource explains why these cycles occur, provides the historical evidence behind them, and shows you how to capture consistent profits from them moving forward. In addition to describing his most widely followed cycles and patters, Hirsch also discusses both longer term boom-bust economic cycles and shorter term tendencies involving the best days, weeks, and months of the year to trade the market.

• The methods found here follow everything from presidential election cycles to the -Santa Claus- effect
• Written by Jeffrey Hirsch, the pre-eminent authority on market cycles and seasonal patterns
• The strategies explored are easy-to-implement, and based on research that has proven profitable over the course of time

For investors looking to beat the buy-and-hold philosophy, The Little Book of Stock Market Cycles will provide simple, actionable ideas that have stood the test of time and consistently outperformed the market.

Recenzje

" The Little Book of Stock Market Cycles is ideally suited for fans of the Hirsch almanacs as well as for those who have never been exposed to seasonal statistics and who have a hunch that they may have missed something useful." (SeekingAlpha.com, August 2012)

a nice primer on cycle research and an excellent starting point for further research he has given us an insightful collection of market observations and plenty of food for thought. I recommend you add it to your winter reading list. (ForexPros, November 2012)

Spis treści

Foreword ix

Introduction xiii

Chapter One Cutting through the Bull 1

Chapter Two War and Peace 11

Chapter Three A Century of Booms and Busts 23

Chapter Four The Coming Boom 47

Chapter Five Your Portfolio Gets Political 69

Chapter Six Open Season for Stocks 95

Chapter Seven Aura of the Witch 105

Chapter Eight Autumn Planting 115

Chapter Nine Winter of Content 127

Chapter Ten Spring Harvest 149

Chapter Eleven Summer Doldrums 159

Chapter Twelve Celebrate Good Times 169

Chapter Thirteen Don t Sell on Friday 187

Chapter Fourteen Picking the Ripe Trade 197

Acknowledgments 217

O autorze

JEFFREY A. HIRSCH is the Chief Market Strategist of Magnet Æ Fund, President of the Hirsch Organization, Editor–in–Chief of the Stock Trader′s Almanac, and coauthor of the Commodity Trader′s Almanac. He′s worked with founder Yale Hirsch for over twenty years, taking over for him in 2001. Mr. Hirsch appears frequently on CNBC, CNN, Bloomberg, FOX Business, and many other national and international media outlets to discuss market cycles, seasonality, trading patterns and forecasts, and historical trends. He also edits the firm′s digital toolkit, Almanac Investor, a subscription–based product including investor alerts, market data, and research tools.

Blurb

Praise for The Little Book of Stock Market Cycles

"Even though history is a guide, but never gospel, Jeffrey Hirsch has written the bible on historical patterns that investors will come to regard as an invaluable guide."
Sam Stovall, Chief Equity Strategist, S&P Capital IQ

"The Stock Trader′s Almanac has been the bible on market cycles for the last 46 years, chronicling the ebbs and flows of markets and giving us a definitive view of history. As a student of cycles, the book sits near my desk for ready reference. Now, Jeff Hirsch distills that long channel of wisdom into this little tome, helping us discern the important cycles from the day to day noise. For the seasoned investor and beginning novice, this book will help you cut through the fog of volatility to see your way through to confident investing."
John Mauldin, President, Millennium Wave Advisors

"I′m an avid consumer of everything Jeff writes and this new tour de force of what has and hasn′t happened is no exception and should be an eye–opener for most investors, amateur or professional."
Ken Fisher, CEO, Fisher Investments, 28–year Forbes columnist, New York Times bestselling author

"Jeff does an admirable task of teaching market history, sharing invaluable cyclical strategies, and carrying on the work of his father, Yale Hirsch. The torch has been passed; the path is bright."
Larry Williams, Fund Manager