Freshly Printed - allow 5 days lead
Couldn't load pickup availability
How Markets Really Work
Quantitative Guide to Stock Market Behavior
Larry Connors (Author), Cesar Alvarez (With), (With)
9781118166505, Wiley
Hardback, published 9 March 2012
192 pages
26.2 x 18.8 x 1.8 cm, 0.508 kg
"Those who want to improve their trading of the markets in the very short run would benefit from this book." (Seeking Alpha, March 21st, 2012)
For years, traders and investors have been using unproven assumptions about popular patterns such as breakouts, momentum, new highs, new lows, market breadth, put/call ratios and more without knowing 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 a comprehensive look back at the way the markets have acted over the last two decades, How Markets Really Work: A Quantitative Guide to Stock Market Behavior, Second Edition shows that nothing has changed, that the markets behave the same way today as they have in years past, and that understanding this puts you in a prime position to profit. Written by two top financial experts and filled with charts and graphs that illustrate the market concepts they develop, the book takes a sometimes contrarian view of everything from market edges to historical volatility, and from volume to put/call ratio, giving you all that you need to truly understand how the markets function. Fully revised and updated, How Markets Really Work, Second Edition takes a level-headed, data-driven look at the markets to show how they function and how you can apply that information intelligently when making investment decisions.
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
Subject Areas: Finance & accounting [KF]
