Connors / Alvarez How Markets Really Work

Quantitative Guide to Stock Market Behavior
2. Auflage 2012
ISBN: 978-1-118-22628-5
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 192 Seiten, E-Book

Reihe: Bloomberg Professional

For years, traders and investors have been using unprovenassumptions about popular patterns such as breakouts, momentum, newhighs, new lows, market breadth, put/call ratios and more withoutknowing if there is a statistical edge.
Common wisdom holds that the stock markets are ever changing.But, as it turns out, common wisdom can be wrong. Offering acomprehensive look back at the way the markets have acted over thelast two decades, How Markets Really Work: A Quantitative Guideto Stock Market Behavior, Second Edition shows that nothing haschanged, that the markets behave the same way today as they have inyears past, and that understanding this puts you in a primeposition to profit. Written by two top financial experts and filledwith charts and graphs that illustrate the market concepts theydevelop, the book takes a sometimes contrarian view of everythingfrom market edges to historical volatility, and from volume toput/call ratio, giving you all that you need to truly understandhow the markets function. Fully revised and updated, How MarketsReally Work, Second Edition takes a level-headed, data-drivenlook at the markets to show how they function and how you can applythat information intelligently when making investmentdecisions.

Autoren/Hrsg.

Connors, Larry

Alvarez, Cesar

Inhaltsverzeichnis

Disclaimer vii
Table Explanation ix
Acknowledgments xi
CHAPTER 1 Market Edges 1
CHAPTER 2 Short-Term Highs and Short-Term Lows 7
CHAPTER 3 Higher Highs and Lower Lows 25
CHAPTER 4 Up Days in a Row versus Down Days in a Row 43
CHAPTER 5 Market Breadth 65
CHAPTER 6 Volume 83
CHAPTER 7 Large Moves 93
CHAPTER 8 New 52-Week Highs, New 52-Week Lows 105
CHAPTER 9 Put/Call Ratio 117
CHAPTER 10 Volatility Index (VIX) 127
CHAPTER 11 The Two-Period RSI Indicator 147
CHAPTER 12 Historical Volatility 157
CHAPTER 13 Creating a Sample Strategy from This Research 159
CHAPTER 14 Applying the Information in This Book 163
About the Authors 167
Index 169

Über Autor(innen)

Laurence A. Connors is Managing Partner of LCA Capital, anasset management firm, and Connors Research, a financial marketsresearch company. Connors has more than thirty years of experienceworking in the financial markets industry, is a best-sellingauthor, and has been featured and quoted in numerous news outlets,including the Wall Street Journal, the New YorkTimes, and Barron's.
Cesar Alvarez is the Director of Research for ConnorsResearch. Alvarez has been at the forefront of stock marketresearch for years, and has developed a number of successfultrading systems now used by investors and fund managers around theworld.