Top positive review
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Terrific, Time-tested Tool for Traders
on January 2, 2011
The Stock Trader's Almanac is an indispensable tool for stock investors and traders. This book belongs on the desk of every serious investor, amateur and professional alike. It is full of statistics, facts, and history of stock market trends and anomalies. For example, 2011 is the "Third Year in a Presidential Term" which has not been a losing year in decades.
This calendar covers every trading day of the year, with the percentage of up and down days, options expirations, and a pithy quote about stock market investing on each day. On the facing pages are descriptions of certain calendar anomalies like the "January Indicator" the "Santa Claus Rally" and other trends. In the back of the book is a very interesting section with historical market data. For example, did you know that the week of October 10, 2008 was actually the worst week for the Dow Jones in HISTORY?
Some of the data here is so useful that several Wall Street firms blatantly copy it and include it in their own "proprietary" research.
My only complaint with this book is the price has risen quite rapidly through the years, but since it's worth it, I am hooked and will buy it every year.