Visual Investor: How to Spot Market Trends / Edition 1

Visual Investor: How to Spot Market Trends / Edition 1

by John J. Murphy
     
 

ISBN-10: 0471144479

ISBN-13: 9780471144472

Pub. Date: 01/28/1999

Publisher: Wiley

"They say a picture is worth a thousand words. Maybe they should have said a thousand dollars. After all, we're talking here about using pictures to make money."
—from The Visual Investor

As the host of CNBC's popular Tech Talk with John Murphy and the author of two landmark books, Technical Analysis of the Futures Markets and Intermarket Technical

Overview

"They say a picture is worth a thousand words. Maybe they should have said a thousand dollars. After all, we're talking here about using pictures to make money."
—from The Visual Investor

As the host of CNBC's popular Tech Talk with John Murphy and the author of two landmark books, Technical Analysis of the Futures Markets and Intermarket Technical Analysis, John J. Murphy is one of the leading names in technical analysis today. He now brings his expertise and insight to The Visual Investor, a comprehensive and thoroughly accessible guide to visual analysis. Highlighting its essential components, Murphy takes you through the ins and outs of reading price and volume charts, "pictures" that can help you make sensible investment decisions—and a healthy profit. Special emphasis is placed on sector and global investing through mutual funds. Murphy shows you how to chart and analyze the mutual funds themselves.

Visual analysis enables an investor to analyze a stock or industry group without complicated mathematical formulas and technical concepts. Instead, it tells you—simply and quickly—whether or not the fundamentals of a particular stock are bullish or bearish from the direction in which the price is moving. As Murphy points out, the key to visual analysis is being able to discern whether this stock price is going up or down, not why it is behaving the way it is: "Knowing the reasons behind a stock's movement are interesting . . . [but] all that really matters is a picture, a simple line on a chart."

The Visual Investor brings the complexities of technical analysis into sharp focus, enabling you to make sense of these lines. Providing an in-depth overview, Murphy covers all the fundamentals, from chart types and market indicators to sector analysis and global investing. With actual examples and easy-to-read charts, you'll learn to:

  • Spot significant support and resistance levels
  • Understand the role volume plays in confirming price action
  • Use moving averages to help keep track of trends
  • Discern the difference between markets that are trending and those that aren't
  • Determine whether a market is overbought or oversold using oscillator systems

To get started on your own visual analysis, The Visual Investor contains a complete resource section that lists important publishing and educational resources, as well as software products and data vendors.

Product Details

ISBN-13:
9780471144472
Publisher:
Wiley
Publication date:
01/28/1999
Pages:
320
Product dimensions:
6.32(w) x 9.15(h) x 1.11(d)

Related Subjects

Table of Contents

What Is Visual Investing?

The Trend Is Your Friend.

Pictures That Tell a Story.

INDICATORS.

Your Best Friend in a Trend.

Is It Overbought or Oversold?

How to Have the Best of Both Worlds.

LINKAGE.

Market Linkages.

Stock Sectors.

Relative Strength and Rotation.

MUTUAL FUNDS.

Sectors and Industry Groups.

Mutual Funds.

Global Investing.

CONCLUSION.

Getting Started.

Resources.

Appendices.

Glossary.

Index.

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