The Little Book of Stock Market Cycles
While predicting the direction of the stock market at any given point is difficult, it's a fact that the market exhibits well-defined and sometimes predictable patterns. While cycles do not repeat exactly all of the time, statistical evidence suggests that cyclical tendencies are very strong and should not be ignored by investors. The Little Book of Stock Market Cycles will show you how to profit from these recurring stock market patterns and cycles.
Written by Jeffrey Hirsch, President of the Hirsch Organization and Editor-in-Chief of the Stock Trader's Almanac, this reliable resource explains why these cycles occur, provides the historical evidence behind them, and shows you how to capture consistent profits from them moving forward. In addition to describing his most widely followed cycles and patters, Hirsch also discusses both longer term boom-bust economic cycles and shorter term tendencies involving the best days, weeks, and months of the year to trade the market.
- The methods found here follow everything from presidential election cycles to the "Santa Claus" effect
- Written by Jeffrey Hirsch, the pre-eminent authority on market cycles and seasonal patterns
- The strategies explored are easy-to-implement, and based on research 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 consistently outperformed the market.
Chapter One Cutting through the Bull 1
Chapter Two War and Peace 11
Chapter Three A Century of Booms and Busts 23
Chapter Four The Coming Boom 47
Chapter Five Your Portfolio Gets Political 69
Chapter Six Open Season for Stocks 95
Chapter Seven Aura of the Witch 105
Chapter Eight Autumn Planting 115
Chapter Nine Winter of Content 127
Chapter Ten Spring Harvest 149
Chapter Eleven Summer Doldrums 159
Chapter Twelve Celebrate Good Times 169
Chapter Thirteen Don’t Sell on Friday 187
Chapter Fourteen Picking the Ripe Trade 197
JEFFREY A. HIRSCH is the Chief Market Strategist of Magnet Æ Fund, President of the Hirsch Organization, Editor-in-Chief of the Stock Trader's Almanac, and coauthor of the Commodity Trader's Almanac. He's worked with founder Yale Hirsch for over twenty years, taking over for him in 2001. Mr. Hirsch appears frequently on CNBC, CNN, Bloomberg, FOX Business, and many other national and international media outlets to discuss market cycles, seasonality, trading patterns and forecasts, and historical trends. He also edits the firm's digital toolkit, Almanac Investor, a subscription-based product including investor alerts, market data, and research tools.
‘…a nice primer on cycle research and an excellent starting point for further research…he has given us an insightful collection of market observations and plenty of food for thought. I recommend you add it to your winter reading list.’ (ForexPros, November 2012)