Editor: John Wiley & Sons
File Format: Pdf
The Little Book of Stock Market Cycles by Jeffrey A. Hirsch Summary
Jeffrey Hirsch discusses how to capture market-beating returnsby following specific stock market cycles While predicting the direction of the stock market at any givenpoint is difficult, it's a fact that the market exhibitswell-defined and sometimes predictable patterns. While cycles donot repeat exactly all of the time, statistical evidence suggeststhat cyclical tendencies are very strong and should not be ignoredby investors. The Little Book of Stock Market Cycles willshow you how to profit from these recurring stock market patternsand cycles. Written by Jeffrey Hirsch, President of the Hirsch Organizationand Editor-in-Chief of the Stock Trader's Almanac, thisreliable resource explains why these cycles occur, provides thehistorical evidence behind them, and shows you how to captureconsistent profits from them moving forward. In addition todescribing his most widely followed cycles and patters, Hirsch alsodiscusses both longer term boom-bust economic cycles and shorterterm tendencies involving the best days, weeks, and months of theyear to trade the market. The methods found here follow everything from presidentialelection cycles to the "Santa Claus" effect Written by Jeffrey Hirsch, the pre-eminent authority on marketcycles and seasonal patterns The strategies explored are easy-to-implement, and based onresearch that has proven profitable over the course of time For investors looking to beat the buy-and-hold philosophy,The Little Book of Stock Market Cycles will provide simple,actionable ideas that have stood the test of time and consistentlyoutperformed the market.