Stock Trader's Almanac 2011
Stock Trader's Almanac 2011
Now in its 44th annual edition, the STOCK TRADER’S ALMANAC 2011 (Wiley; October 2010; $39.95; 978-0-470-55744-0; Hardcover) is packed with loads of new features, including a brand new projection for the Next Super Boom to start in 2017 and carry the Dow up 500% to 38,820 by 2025. “All previous major economic booms and secular bull markets were driven by peace, inflation from war and crisis spending, and ubiquitous enabling technologies that created major cultural paradigm shifts and sustained prosperity,” says Editor in Chief, Jeffrey A. Hirsch. “Government spending is on the rise. This has always led to massive jumps in inflation eventually. We expect that it will happen again over the next several years. Following the major wars in the 20th century involving the United States, inflation kicked in and the stock market made 500+% moves.” Hirsch continued, “U.S. troop withdrawals in Iraq and Afghanistan remain on schedule and I suspect that the next cultural paradigm shifting technologies will come from energy technology and/or biotechnology.”
This must-have investment tool has a wealth of information organized in a calendar format. It alerts readers to little-known market patterns and tendencies that help investors forecast market trends with accuracy and confidence. The data and analyses in the Almanac are relied upon by savvy professionals, from well-known money managers to journalists. Allowing shrewd investors to maximize profit potential, STA is the ultimate desktop market data bank, showing the market’s likely direction every hour, day, week, and month based on historical precedent.
Created by Jeff Hirsch and the Hirsch Organization, tools and strategies contained in STA include:
The January Barometer: Predicts that stock market performance during the month of January sets the direction for the entire year. In fact, every down January for the S&P 500 since 1950 has been followed by a new or continuing bear market, a 10% correction or a flat year. 2010 was no exception. Down 3.7% in January 2010, the S&P declined 16% from its April high to its July low.
The Best Six Months switching strategy: The stock market tends to make almost all its gains during just six particular months of the year. In most years, the rest of the time traders would be better off putting their money in T-bills and going fishing. STA has upped the ante on this old favorite by combining the benefits of the Best Six Months and the four-year cycle, nearly tripling the Best Six Months results with four trades every four years.
Four-Year Presidential Election/Stock Market Cycle: Our presidential elections every four years affect the economy and the stock market – just as the moon affects the tides. There have been no losses in the third (pre-election) year of a president’s term since war-torn 1939 as presidents prime the pump to keep themselves or their party in the White House.
STA transforms investing into a business framework and makes investing easier by presenting new techniques and tools, providing pertinent statistics on past market performance, and supplying forms necessary for portfolio management.
