Seasonal Stock Market Trends: The Definitive Guide to Calendar-Based Stock Market Trading (Wiley Trading) (Hardcover)

by Jay Kaeppel (Author)
Key Phrases: daily bar chart, decennial road map, major stock market holiday, New Year, Election Cycle Investing, Santa Claus (more...)

Editorial Reviews

Product Description
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.

From the Inside Flap

In many aspects of life, things occur in a repetitive pattern. And while things do in fact change over time, the basic underlying idea of seasons and seasonality is that even though things do change, they often return to a particular state over and over again—often in a very predictable way.

Over the course of the past twenty-five years, author Jay Kaeppel—one of the most experienced profes-sionals in the areas of seasonality and stock, options, and futures trading—has examined a wide range of seasonal and cyclical trends as they relate to the stock market over the past century. Now, with Seasonal Stock Market Trends, he shares his extensive insights with you.

Written in a straightforward and accessible style, this book will show you how following the calendar—and taking advantage of consistently strong seasonal trends—can help you to achieve long-term stock market success. Kaeppel introduces you to a wide array of seasonal stock market trends—most based on 70 to 100 plus years of actual market data—and identifies objective "rules" for utilizing each one. Along the way, he also presents a process that allows you to track the performance of a given strategy, so that you can gauge its overall effectiveness.

Just a few of the trends touched upon include:

• Holiday Seasonal Trends, which looks at the trading days surrounding market holidays to reveal some surprising results

• Monthly Seasonal Trends, which focuses on a variety of intramonth market trends and breaks the month down into clearly defined favorable and unfavorable trading days

• Repetitive Time Cycles of Note deals with the performance of the stock market in relation to three specific, and repetitive, time cycles—the 212-week cycle, the 40-week cycle, and the 53-day cycle

• Sell in May and Go Away thoroughly analyzes the advantages and disadvantages of breaking the year into two six-month periods for investment purposes

Rounding out this detailed discussion is a chapter devoted to using a variety of seasonal trends to build three separate investment models—the Long-Only Method, the Long-Only Plus Leverage (LOPL) Method; and "Jay's Ultimate Seasonal Barometer" (or JUSB). These detailed models are designed to generate specific buy and sell signals, and require no interpretation on your part.

Seasonal Stock Market Trends will help you incorporate seasonal trends into your current investment or trading endeavors and put you in a far better position to generate consistent profits over time. Free of complicated trading systems and so-called surefire secrets, this book will set you on a solid path to finding opportunities in the markets based on recurring seasonal patterns.

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Product Details

• Hardcover: 298 pages
• Publisher: Wiley (January 9, 2009)
• Language: English
• ISBN-10: 0470270438
• ISBN-13: 978-0470270431
• Product Dimensions: 9.1 x 6 x 1.4 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars See all reviews (2 customer reviews)
• Amazon.com Sales Rank: #127,530 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

8 of 12 people found the following review helpful:

2.0 out of 5 stars poor research, January 5, 2009

By	tiger taco (usa) - See all my reviews

I coded the main system (KTI) presented in the last chapter into Tradestation. The results are spectacular as the author claimed for years 1934 through 2007. "Incidentally", the worst drawdown is for the only year the author didn't have the data for (which is 2008). This is because he didn't separate the available data into test and train subsets which is quite standard technique. Of course, if one tests the results on the same data they used to derive the system rules the outcome will be excellent.

Take this review as a warning.

4 of 6 people found the following review helpful:

4.0 out of 5 stars Enjoyed the book, March 2, 2009

By	TrendTrader - See all my reviews

The book was well written and informative. I had heard of a lot of the trends in the past, but there were several that were new to me as well.

I recently subscribed to http://www.researchtrade.com. The site researches stocks to uncover historical trends based on calendar as well as company earnings releases. I have found that using their research along with some simple technical analysis produces very good results.