The visual investor- John murphy (2nd edition) (How to spot market trends) “show you a lot of pictures of markets that could tell a story on their own. As a result, you’re going to see a lot of charts. The charts I chose were taken from recent market data. They weren’t chosen to depict perfect textbook examples, but to show real-life examples of visual principles at work in the current market environment.
___
This book was written with a number of goals in mind. One was to introduce the reader to visual investing by explaining in simple language some of the charting techniques that professionals have used for decades. A second goal was to show how to use these visual tools for all of the financial markets that include commodities, currencies, bonds, and stocks on both a domestic and a global scale. An emphasis has been placed on using visual tools to implement asset allocation and sector rotation strategies primarily through mutual fund and exchange-traded funds. Calling this approach “visual investing” has two reasons. First, that’s just what it is. We look at pictures of markets. The pictures tell us what a market is actually doing.
They tell us whether a market is going up or down. That’s all that really matters. “Why” a market is going up or down isn’t that important.
Category: Forex
Author: John Murphy
tag: John Murphy
Language: English
Download link: At the end of the post
Introduction
The book is divided into four sections.
Section One explains what visual analysis is and how it can be blended with more traditional forms of investment analysis. The critically important subject of market trend is explained, along with some visual tools to help identify the trend. You may be surprised to discover how much value lies in some of the simplest tools that are covered in the first section. Throughout the book, a special emphasis is placed on ETFs. Exchange-traded funds have greatly simplified the asset allocation and sector rotation process.
Section Two covers some of the more popular market indicators in use today. We stress the concepts behind the various indicators and how they are interpreted. We limit our coverage to only the most useful tools. For those wishing to explore the world of indicators more fully, reference sources are given at the end of the book.
Section Three introduces the idea of market linkages. This is especially important in order to appreciate why stock market investors should also monitor movements in commodity prices, bond prices, and the dollar. Intermarket analysis is also helpful in understanding asset allocation and the process of sector rotation within the stock market. Along the way, you’ll gain some insight into policy-making decisions of the Federal Reserve. You’ll be able to watch many of the same things the Fed watches.
Section Four focuses on sector analysis. Relative strength analysis is shown to play an important role in the selection process. We also show you how to analyze the global markets.
I’ll pull things together in the Conclusion with the admonition to keep things simple, along with some final thoughts.
The Appendices will offer advice on getting started and where to find valuable resources to help you do so. The Appendices will also introduce some increasingly popular charting styles you might want to incorporate into your visual analysis.
Contents- The visual investor- John murphy PDF (2nd edition)
SECTION ONE INTRODUCTION
CHAPTER 1 What Is Visual Investing?
CHAPTER 2 The Trend Is Your Friend
CHAPTER 3 Pictures That Tell a Story
SECTION TWO INDICATORS
CHAPTER 4 Your Best Friend in a Trend
CHAPTER 5 Is It Overbought or Oversold?
CHAPTER 6 How to Have the Best of Both Worlds
SECTION THREE Linkage
CHAPTER 7 Market Linkage
CHAPTER 8 Market Breadth
CHAPTER 9 Relative Strength and Rotation
SECTION FOUR MUTUAL FUNDS AND EXCHANGE TRADED FUNDS
CHAPTER 10 Sectors and Industry Groups
CHAPTER 11 Mutual Funds
CHAPTER 12 Exchange-Traded Funds
Conclusion
APPENDIX A Getting Started
APPENDIX B Japanese Candlesticks
APPENDIX C Point-and-Figure Charting
About the author
John Murphy is an American financial market analyst, and is considered the father of inter-market technical analysis. He has authored several books including Technical Analysis of the Futures Markets. He later revised and broadened this book into Technical Analysis of the Financial Markets.
After having graduated in the late 1960s with a liberal arts degree, Murphy searched for a position in a Wall Street firm. His first job was with CIT Financial Corporation where he worked as an assistant to the portfolio manager and charted stocks. In the early 1970s he worked for Merrill Lynch in their commodity department where he, later on, was promoted to the post of Director of Technical Analysis.
In the 1980s, Murphy started off on his own working as a consultant and teaching evening courses at the New York Institute of Finance. During his time as a teacher he also wrote his very first book named Technical Analysis of the Financial Markets.
>> Read more about John Murphy and his book on E4T
Download The visual investor- John murphy (PDF SUMMARY)
e4t, the visual investor pdf free download, the visual investor pdf, the visual investor (2nd edition), the visual investor how to spot market trends 2nd edition pdf