Product Description

Praise from market professionals for the Stock Trader's Almanac:

"I have every issue since 1976 in my bookcase. They are an invaluable resource." -- Marty Zweig, Managing Director, Zweig-DiMenna Associates, LLC

"It's a treasure for investors who want to remember the past as they plan for the future." -- Louis Rukeyser, host and commentator of "Louis Rukeyser's Wall Street" and Editor-In-Chief of Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds newsletters

The Stock Trader's Almanac is the only investment tool that will help you forecast market trends with accuracy and confidence! With the Stock Trader's Almanac, you'll have at your fingertips all the historical price information on the stock market, monthly and daily trading reminders, and seasonal market opportunities. This wealth of information has established the Stock Trader's Almanac as "The Most Influential Book on Wall Street" among money managers, journalists, traders and savvy investors.

As the coming year is a Presidential election year, the 2004 Stock Trader's Almanac updates crucial market tendencies unique to an election year and provides key indicators such as:

• Market charts of Presidential election years
• Incumbent victories vs. incumbent defeats pattern
• The Presidential election/stock market cycle
• How the market acts as a barometer between the last convention and Election Day

Additionally, the 2004 Edition contains updated seasonal, monthly, daily and intra-day patterns; major indicators such as the "Incredible January Barometer"; the Market Probability Calendar; and bullish and bearish reminders for practically every trading day.

Product Details

• Amazon Sales Rank: #407470 in Books
• Published on: 2003-10-06
• Original language: English
• Binding: Spiral-bound
• 192 pages

From the Back Cover
Critical Praise for STOCK TRADER’S ALMANAC 2OO4

"Jeff Hirsch is following in the great tradition of his father, Yale Hirsch, with this nonpareil almanac of Wall Street data. It’s a treasure for investors who want to remember the past as they plan the future."
–LOUIS RUKEYSER, host and commentator of the world’s favorite money program, Louis Rukeyser’s Wall Street and Editor in Chief of the monthly Louis Rukeyser’s Wall Street and Louis Rukeyser’s Mutual Funds newsletters

"Information is key to successful investing and investors will find the Almanac chock-a-block source of need-to-know stuff."
–STEVE FORBES, President, CEO, and Editor in Chief, Forbes

"I have every issue since 1976 in my bookcase. The Stock Trader’s Almanac is an invaluable resource."
–MARTY ZWEIG, author, Martin Zweig’s Winning on Wall Street

"The Stock Trader’s Almanac should be on every investor’s desk. It’s an invaluable source of investment advice, trading patterns, and Wall Street lore. It’s also fun to read. I refer to it frequently throughout the year."
–MYRON KANDEL, CNN Financial Editor

About the Author
Yale Hirsch (Old Tappan, NJ) had the vision to provide recurring market patterns to investors on a calendar basis. His vision was realized in 1967 with the publication of The 1968 Stock Trader's Almanac. Published continuously for 37 years, the Almanac has become one of the most respected and widely referenced investment resources. Jeffrey A. Hirsch (Old Tappan, NJ) is the President of the Hirsch Organization. He's worked with Yale for 15 years, taking over as President and Editor in 2001. He appears frequently on CNBC and CNNfn to discuss market cycles and seasonal trends, and also edits the firm's monthly newsletter, Almanac Investor.

Customer Reviews

Masterful Guide on Stock Market Seasonal Patterns
The average investor probably believes that stock prices are a "random walk" and that no one can benefit from analyzing stock market price history. These investors would be "wrong" as is the case with most of the conventional wisdom on Wall Street. The stock market exhibits many recurrent calendar-based patterns that intelligent investors can use to enhance their personal investment results while decreasing risk.

This calendar/organizer/planner is in its 37th edition and the authors have done a masterful job or presenting the information in a useful and easy-to-understand manner. They've provided investors with a complete historical perspective on daily, weekly, monthly, and annual stock market patterns and strategies.

There is particularly useful data on how to take advantage of the presidential four-year cycles, the best six months strategy for the DJIA and S&P500, the best eight-month strategy for the NASDAQ Composite, and the strongest and weakest months of the year.

Traders as well as short-term and long-term investors will all benefit from the insights provided in this "gem" of an investment almanac. Traders, in particular, can benefit from the many daily and holiday market patterns occur with a high frequency. Every person who invests in the stock market, without taking into account the vital information in this almanac, should not complain about his or her poor performance.

Also included in this almanac are monthly percentage and point moves in the S&P 500 and DJIA from 1950 through June 2003, and the entire NASDAQ Composite data from 1971 to June 2003. Tables listing the 10 and 20 best and worst days and weeks and the 20 best and worst months in percentage and point terms since 1901 are also provided.

In summary, the Stock Trader's Almanac is a masterpiece of stock market history that keeps getting better every year. It is an indispensable guide to successful investing. I highly recommend it to all investors and traders.

Those who don't learn from history are doomed to repeat it!
Investors should pay close attention to the Stock Trader's Almanac, it can explain cyclical moves in the market, and help you time your investments for maximum results. There are times when your risk in the market can be high, and you should think of playing capital preservation versus capital accumulation, this book will help you learn valuable insights in technical analysis to understand risk levels. Any investor who leaves technical analysis out of the equation can suffer bad timing, even when investing in an equity who's fundamentals look great!
With this being an presidential election year, there will be some important reading on how markets react before the election, no matter who is in office, Republican or Democrat.
If you are a seasoned professional, a day-trader, or a weekend on-line investor, the Stock Trader's Almanac should always be close to your computer.

This book can make you money
"We discovered that while stocks do indeed fluctuate, they do so in well-defined, often predictable patterns. These patterns recur too frequently to be the result of chance or coincidence."

Thus begins this book in the introduction to the 36th edition. If you believe that days of the week, times of the year and part of the election cycle affect the stock market, then this book may contain many useful information points and actionable strategies. If not, read no further.

This edition contains much about the 3rd year of the presidential term and its prior effects on the stock markets. Page 42 (charts on page 30) contains a summary from 1915-1999. I shouldn't mention what it says, but the effect has been powerful in the prior observances. There is an actionable strategy in the book.

At the beginning of each month there is a summary of how that month had performed in prior years and how that might be best used in 2003.

The research that has been done into the January effect and the Santa Clause Rally is explained and action points are given. You can use this almanac to time your participation in the rally.

On page 52 is the summary of the "best 6 months" with an actionable strategy that, if it holds, will pay for this book and many others. It is powerful not only because of its simplicity, but because it takes advantage of many not easily noticed trends. This one stratagem makes the book worthy by itself.

Of interest are the reviews of a book about trading that the author/editor thought worthy of note. A review by Rockefeller of Trading Classic Chart Patterns is this year's added bonus (it is a reprint of a review from a magazine).

The book has a calendar with one week per page. You can use it as a substitute for a daytimer, though there isn't a tremndous amount of room on each day for notes. Imagine that, a daytimer that makes you money.