This is a new (2004) book on intermarket analysis, completely updated with new charts and insights!
John Murphy, author, leading market strategist, and educator, teaches investors how to cut through today's conflicting economic news.
Intermarket Analysis explains why certain markets will rise and others will fall, and why knowing about market interrelationships is key to investment success.
In Intermarket Analysis, John Murphy incorporates and reflects on the most recent world market data to show how seemingly disparate world markets interact and ultimately influence each other.
In this book, John Murphy answers critical questions:
Why is Intermarket Analysis important to all investors?
What world events have had a profound impact on economic relationships?
What investment opportunities result from the weakening of the dollar?
Which markets are showing signs of strength right now? Which are weakening? How do they interrelate?
Why should investors be looking at Asia?
Is the market in a disinflationary, deflationary, or inflationary trend, and why?
What tools will Intermarket Analysis provide to help today's investors profit in any economic climate?
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 investors."
Louis B. Mendelsohn
"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
"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
"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 the current market trends."
Price Headley
