| ||||||||||||||||||||||||
|
There is a newer edition of this item:
|
"Historical price patterns continue to work because human nature doesn't change, and neither does the law of supply and demand. Study past successful stocks if you want to know what future ones will look like. Stock Trader's Almanac is all about historical facts."
—William J. O'Neil, Chairman and founder, Investor's Business Daily
"All my almost four decades in professional investing, I've found this annual tour de force fascinating. There is a lot of provocative here to whet your whistle and adrenaline-rush your curiosity. If you don't find something here that tickles your mind, you probably don't have one."
—Ken Fisher, CEO and founder, Fisher Investments, 24-year Forbes columnist, and author of The Only Three Questions That Count
"The Stock Trader's Almanac is a treasure trove of solid-gold investment nuggets. No serious trader should have it far from his hands."
—John Mauldin, author of Bull's Eye Investing and Thoughts from the Frontline
"I've been reading the Almanac since Yale first published it back in 1968. I wouldn't miss a year for anything. It's the perfect reference for every trader's desk."
—Larry Williams, Darlings of the Dow fund manager, trader, and author
"Whether I am researching seasonality trends or old Wall Street sayings, or am simply in need of some good old-fashioned investment horse sense, I start with the Stock Trader's Almanac. I have been a student of Yale and Jeffrey Hirsch's Almanac research for years, and look forward to future lessons."
—Sam Stovall, Chief Investment Strategist, Standard & Poor's Equity Research
Jeffrey A. Hirsch (South Nyack, NY) is president of The Hirsch Organization and has worked with Yale for over 15 years. In 2001, he took over as president and editor. He appears frequently on CNBC and CNNfn to talk about market cycles and seasonal trends. He also edits The Hirsch Organization's monthly Almanac Newsletter.
Judd Taylor Brown (Nyack, NY) is the Vice President of The Hirsch Organization. --This text refers to an out of print or unavailable edition of this title.
Product Details
Would you like to update product info or give feedback on images?
|
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
20 of 20 people found the following review helpful:
5.0 out of 5 stars
Comprehensive Guide on Stock Market Patterns and Statistics,
By
This review is from: The Stock Trader's Almanac 2007 (Almanac Investor Series) (Spiral-bound)
The average investor probably believes that stock prices are a "random walk" and that no one can benefit from analyzing stock market price history. These investors would be "wrong" as is the case with most of the conventional wisdom on Wall Street. The stock market exhibits many recurrent calendar-based patterns that intelligent investors can use to enhance their personal investment results while decreasing risk.
This calendar/organizer/planner is in its 40th edition and the authors have done a masterful job of presenting the information in a useful and easy-to-understand manner. They've provided investors with a complete historical perspective on daily, weekly, monthly, and annual stock market patterns and strategies. There is particularly useful data on how to take advantage of the presidential four-year cycles, the best six months strategy for the DJIA and S&P500, the best eight-month strategy for the NASDAQ Composite, and the strongest and weakest months of the year. Traders, as well as short-term and long-term investors will all benefit from the insights provided in this "gem" of an investment almanac. Traders, in particular, can benefit from the many daily and holiday, and seasonal market patterns occur with a high frequency. Every person who invests in the stock market, without taking into account the vital information in this almanac, should not complain about his or her poor performance. Also included in this almanac are extensive statistics (point moves and percentage moves) on the DJIA by year and month going back at least 50 years. In addition there is information on the 10 best and worst days by percent and points for the DJIA, S&P 500, NASDAQ, Russell 1000 and 2000. Moreover, this data is then replicated for the 10 best and worst weeks, months and years for these same indexes going back to their inception. In summary, the Stock Trader's Almanac is a masterpiece of stock market history that keeps getting better every year. It is an indispensable guide to successful investing. I highly recommend it to all investors and traders.
11 of 11 people found the following review helpful:
5.0 out of 5 stars
Stock Traders must have this book!,
By
This review is from: The Stock Trader's Almanac 2007 (Almanac Investor Series) (Spiral-bound)
This book is set up like a journal for taking notes through out the year. It is a quick read if you go straight through. It is meant to be read through out the year giving you an over view of how each month has done in the stock market over the years. It has great inserts of information after each month that explains past patterns like the pre-election years and how they out perform other years (The stock market has been up 68 years straight in a presendential pre-election years 2003,1999,1995,1991 etc.). The best 6 months strategy shows how investing from November 1st-April 30th out performs May 1st-October 31st over the last 55 years. If you invested $10,000 in only Nov-April in this time period you would have had an average return of 7.9% and $544,323, with May-Oct you would have had .3% and only $9,728. It has a great section about seasonal trading which explains what sectors go up and down traditional each year based on their business cycles. Buy this journal and use it if you are a serious trader of stocks. It will make you a lot of money.
11 of 11 people found the following review helpful:
4.0 out of 5 stars
Data galore, Fine ideas,
By
Amazon Verified Purchase(What's this?)
This review is from: The Stock Trader's Almanac 2007 (Almanac Investor Series) (Spiral-bound)
In its traditional and well-known format, the Almanac provides its readers a "heads-up" on potential trends that can be seen on any particular trading day or month. Of course, people believing in such patterns will absolutely love this book, while those sceptical of pattern-based stock trading can use this book as the poster-child for deriding the strategy. Either case, the book has tons of data. Each day, in calendar format, has a witty (more often than not) quote or saying. The seasonality of specific sectors is perhaps the best portion of the book. The book could have used some more rigorous editing, though - there are tons of typos in the reviewed edition. Overall, a good addition to one's information sources, especially for its price.
Share your thoughts with other customers: Create your own review
|
|
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|