Mapping the Markets: A Guide to Stock Market Analysis seeks to bridge the gap between the two disciplines and show how you can benefit from both. This book will provide an invaluable route to improving your chances of investment success and avoiding investment distress, whether you are a long-term investor or a short-term trader.
This book aims to explain not only how cycle theory links the disciplines of fundamental analysis and technical analysis, but also how cycle theory can be used to navigate successfully through the changing global economic landscape. Mapping the Markets is in four parts, summarised below:
Part 1 Tools for mapping the markets: Business cycles provide the underlying propulsion for both the economy and the stockmarket. An understanding of what causes shifts in both the trend and the intensity of this underlying force is a key element in the successful prediction of market outcomes.
Part 2 Long-term cyclical drivers: Economic waves are triggered by technological change. Gutenberg’s invention of the printed book was the catalyst for the Renaissance. It allowed literature, art, philosophy and science to become much more widely disseminated. At around the same time, Vasco de Gama’s discovery of the sea route to India sparked off a huge rise in world trade.
Part 3 Downward phases of the cycle: No trend or wave moves in a straight line, so even against a broadly positive economic backdrop there will periods of downturn in both the economy and stockmarkets. Chapters 9 and 10 look at factors that could precipitate a downturn.
Part 4 Taking market bearings: The final part of the book shows how cycle theory can be used to anticipate which markets and sectors will benefi t from the changing economic landscape in the coming years. This is not intended to be a precise prediction of where any one market will be at any one time in the future but rather a broad indication of trend.
- Economic cycles
- Stockmarket cycles
- Sector rotation
- Stock selection
- Economic catch-up
- Demographic trends
- Global imbalances
- External events