Intermarket Analysis - (Wiley Trading) 2nd Edition by John J Murphy (Paperback) (2024)

Book Synopsis

Praise for INTERMARKET ANALYSIS

"John Murphy has done it again. He dissects the global relationships between equities, bonds, currencies, and commodities like no one else can, and lays out an irrefutable case for intermarket analysis in plain English. This book is a must-read for all serious traders."
-Louis B. Mendelsohn, creator of VantagePoint Intermarket Analysis software

"John Murphy's Intermarket Analysis should be on the desk of every trader and investor if they want to be positioned in the right markets at the right time."
-Thom Hartle, President, Market Analytics, Inc. (www.thomhartle.com)

"This book is full of valuable information. As a daily practitioner of intermarket analysis, I thought I knew most aspects of this invaluable subject, but this book gave me several new ideas. I thoroughly recommend it for beginners and professionals."
-Martin Pring, President of Pring.com and editor of the Intermarket Review Newsletter

"Mr. Murphy's Intermarket Analysis is truly the most efficient and unambiguous way to define economic and fundamental relationships as they unfold in the market. It cuts through all of the conflicting economic news/views expressed each day to provide a clear picture of the 'here and now' in the global marketplace."
-Dennis Hynes, Managing Director, R. W. Pressprich

"Master Murphy is back with the quintessential look at intermarket analysis. The complex relationships among financial instruments have never been more important, and this book brings it all into focus. This is an essential read for all investors."
-Andrew Bekoff, Technical Strategist, VDM NYSE Specialists

"John Murphy is a legend in technical analysis, and a master at explaining precisely how the major markets impact each other. This updated version provides even more lessons from the past, plus fresh insights on current market trends."
-Price Headley, BigTrends.com, author of Big Trends in Trading

From the Back Cover

Praise for Intermarket Analysis

"John Murphy has done it again. He dissects the global relationships between equities, bonds, currencies, and commodities like no one else can, and lays out an irrefutable case for intermarket analysis in plain English. This book is a must-read for all serious traders."
--Louis B. Mendelsohn, creator of VantagePoint Intermarket Analysis software

"John Murphy's Intermarket Analysis should be on the desk of every trader and investor if they want to be positioned in the right markets at the right time."
--Thom Hartle, President, Market Analytics, Inc. (www.thomhartle.com)

"This book is full of valuable information. As a daily practitioner of intermarket analysis, I thought I knew most aspects of this invaluable subject, but this book gave me several new ideas. I thoroughly recommend it for beginners and professionals."
--Martin Pring, President of Pring.com and editor of the Intermarket Review Newsletter

"Mr. Murphy's Intermarket Analysis is truly the most efficient and unambiguous way to define economic and fundamental relationships as they unfold in the market. It cuts through all of the conflicting economic news/views expressed each day to provide a clear picture of the 'here and now' in the global marketplace."
--Dennis Hynes, Managing Director, R. W. Pressprich

"Master Murphy is back with the quintessential look at intermarket analysis. The complex relationships among financial instruments have never been more important, and this book brings it all into focus. This is an essential read for all investors."
--Andrew Bekoff, Technical Strategist, VDM NYSE Specialists

"John Murphy is a legend in technical analysis, and a master at explaining precisely how the major markets impact each other. This updated version provides even more lessons from the past, plus fresh insights on current market trends."
--Price Headley, BigTrends.com, author of Big Trends in Trading

About the Author

John J. Murphy, former technical analyst for CNBC, is the Chief Technical Analyst for Stockcharts.com and President of MurphyMorris Money Management Co. He has over 30 years of market experience and is author of several best-selling books, including Technical Analysis of the Financial Markets, which is widely regarded as the standard reference in the field. His book Intermarket Technical Analysis created a new branch of technical analysis emphasizing market linkages. Stocks Commodities Magazine (October 2002) described his intermarket work as 'unparalleled'. His third book The Visual Investor applies charting principles to sector analysis. John has appeared on Bloomberg TV, CNN Moneyline, Nightly Business Report, and Wall $treet Week with Louis Rukeyser, and has been quoted in Barron's and other prominent financial publications. He received a BA in Economics and an MBA from Fordham University in New York. In 1992, John was given the first award for outstanding contribution to global technical analysis by the International Federation of Technical Analysts, and is the recipient of the 2002 Market Technicians Association Annual Award.

Intermarket Analysis - (Wiley Trading) 2nd Edition by  John J Murphy (Paperback) (2024)

FAQs

What is intermarket analysis in trading? ›

Intermarket analysis is a method of analyzing markets by examining the correlations between different asset classes. A simple correlation study is the easiest type of intermarket analysis to perform, where results range from -1.0 (perfect negative correlation) to +1.0 (perfect positive correlation).

What is sentiment and intermarket analysis? ›

Market sentiment can have a significant impact on the movement of financial markets and can be a useful consideration for investors making investment decisions. Intermarket analysis is a method of analyzing the relationships between different financial markets and determining how they may be affecting each other.

What is the purpose of the intermarket trading system? ›

The Intermarket Trading System (ITS) was an electronic network that linked the trading floors of nine American stock exchanges. Brokers and market makers on any of the linked exchanges could use ITS to find and execute the best price available.

What is intermarket trading system? ›

The Intermarket Trading System (ITS) was an electronic computer system that joined the trading floors of all the major American equity exchanges. Small Order Execution System (SOES): What It Is, How It Works. A small order execution system (SOES) was a computer network that set the stage for today's high-speed trading.

What is the best indicator to buy stock? ›

Best trading indicators
  • Moving average (MA)
  • Exponential moving average (EMA)
  • Stochastic oscillator.
  • Moving average convergence divergence (MACD)
  • Bollinger bands.
  • Relative strength index (RSI)
  • Fibonacci retracement.
  • Ichimoku cloud.

What is the best stock sentiment indicator? ›

One of the most frequently used indicators of market sentiment is the CBOE Volatility Index or VIX. The VIX is a forward-looking indicator that measures volatility in the S&P 500 index for the next 30 days.

What are the three types of analysis in trading? ›

In trading, there are three main types of analysis: fundamental, technical, and sentimental.

What are the different types of analysis in trading? ›

Technical analysis looks at past price movements to try and predict future price action. Fundamental analysis looks at economic factors that could affect currency prices. Sentiment analysis looks at how psychology affects trading decisions. All three types of analysis can be used in conjunction to get the best results.

What are the two types of analysis in stock market? ›

Fundamental analysis evaluates securities by trying to measure their intrinsic value. Technical analysis focuses on statistical trends in the stock's price and volume over time. Both methods are used for researching and forecasting future trends in stock prices.

Why are intermarket sweep orders important? ›

What is an intermarket sweep order? It's an order that sweeps across the market place, picking up as many shares as possible at the best prices available using an algorithm. It's a sort of digital exception to the 'order protection rule' that says orders have to be filled at the lowest possible price.

What is the difference between inter and intra market? ›

Intramarket sector spreads can be useful in distinguishing the creditworthiness of one company from another. Intermarket sector spreads, as opposed to intramarket sector spreads, deal with the yield spreads between two bonds in different sectors of the market.

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