Timing the Market: How to Profit in the Stock Market Using the Yield Curve, Technical Analysis, and Cultural Indicators: 235 (Wiley Trading) - Hardcover

Weir, Deborah

Hardcover

ISBN 10: 0471708984 ISBN 13: 9780471708988

Publisher: Wiley, 2005

Synopsis

The first definitive guide to understanding and profiting from the relationship between the stock market and interest rates

It's well established that interest rates significantly impact the stock market. This is the first book that definitively explores the interest rate/stock market relationship and describes a specific system for profiting from the relationship. Timing the Market provides an historically proven system, rooted in fundamental economics, that allows investors and traders to forecast the stock market using data from the interest rate markets-together with supporting market sentiment and cultural indicators-to pinpoint and profit from major turns in the stock market.

Deborah Weir (Greenwich, CT) is President of Wealth Strategies, a firm that does marketing for traditional money managers and hedge funds. She is a Chartered Financial Analyst and is the first woman president of the Stamford CFA Society.

About this title

About the Author

Deborah Weir (Greenwich, CT) is president of Greenwich Consulting, a firm that provides money management and asset allocation services to institutional investors and wealthy individuals. Clients include senior portfolio managers at major financial institutions such as Chase Bank, Sumitomo Bank, and FleetBoston. Prior to forming Greenwich Advisors, Ms. Weir managed an approximately $500 million fixed income portfolio for Scudder Investments, investing in international securities and derivatives, as well as traditional bonds. By virtue of her experience in trading bonds, Ms. Weir has developed a stock market trading system which utilizes information from the fixed income market to determine market tops and bottoms; where we are in the economic cycle; and investor psychology. Her timing system has produced an overall return of 74% higher than what investor would achieve by simply holding onto stocks since 1960. Ms. Weir has written articles for Active Trader, Futures Magazine, and Journal of Cash Management. She is a Certified Financial Analyst and is the first woman president of the Stamford Society of Investment Analysts. She has appeared on local Connecticut television and radio as a financial expert.

From the Back Cover

"Finally! With the publication of Deb Weir's Timing the Market,
the antidote has arrived for Jeremy Siegel's Stocks for the Long Run--the
popular investment bible of the 1990's. And not a moment too soon. In the
heady 1990's, many Americans were led to believe that it was not necessary
to beat the market to do well in the market. The message then: Why waste
energy buying the right stocks at the right time, when you can just buy and
hold an index fund? Deb Weir offers an up-to-date yet timeless message for
investors with an eye on the long run--there is no easy substitute for
thinking, hard work, insight, and experience."

--Arnie Berman, CFA, Global Capital Markets Strategist, CreditSights, Inc.

"Timing the Market provides the reader with practical insights and
approaches to identifying and analyzing the cyclical nature of the
financial markets and society. I enjoyed the multi-faceted descriptions of
long-term and short-term cycles in the financial markets, economy and
culture through numerous observations as an investment professional and
consumer.

-- Greg Dyra, CFA, Assistant Treasurer, Vanderbilt University Office of
Investments

"With the ease and clarity of a teacher, Deborah Weir expertly fuses three
critical elements investors must use in making more informed buy and sell
decisions. By incorporating her insights on market sentiment, the yield
curve and cultural indicators, one will strengthen his and/or her future
portfolio changes. The ability to be flexible in adding these disciplines
will make the difference in your performance. And this book will help make
that difference."

-- Ralph J. Acampora, CMT, Chief Technical Analyst, Prudential Equity
Group, LLC

"For investors and traders, Timing the Market offers valuable insights
about when to buy and (underscored) when to sell stocks. Identification of
publicly accessible sources of information greatly facilitates the task of
timely decision-making. Deborah Weir unlocks the secrets of professional
investors. Whether you are an investor or trader, Timing the Market, is
guaranteed to increase your success in making money in bear markets and
bull markets."

-- A. Marshall Acuff, Jr., CFA, Professor of Business Administration,
Chairman of the Investment Committee, the College of William and Mary
A. Marshall Acuff,Jr retired managing director/ portfolio strategist
Smith Barney Citigroup

"Timing the market is a concise and entertaining account of how the market
really works - relevant for all levels of experience from the novice to the
seasoned pro. Written in terms the layman can understand and profit from!"

-- Professor Bernard Schumacher, CFA, Professor of Finance, Post
University

"Timing the Market is unique in that it incorporates the use of crucial
psychological principles that investors are usually unaware of in making
financial decisions."
-- Robert W. Jaynes, Professor of Psychology, Lakeland College

Increase returns and reduce stress!
For the first time, the "underground intelligence" that insiders share is
made available in book form. Timing the Market will enable private
investors to trade with confidence. Investment professionals swamped with
data will discover how to "cut to the chase" and identify the decisive
issues in securities selection.

Starting with broad essentials and systematically working down to
individual investment decisions, Deborah Weir will show you how to use
simple arithmetic and public information to build a stable, highly
profitable portfolio. In Timing the Market you'll learn:
* How to use Yield Curve Analysis to time your investments
* How to profit from "mob psychology"
* How to apply cultural indicators
* How to take advantage of ups and downs
To those in the know, change is opportunity--and it's all a matter of
timing. Timing the Market will teach you how to make volatility work for
you.

From the Inside Flap

Volatility is an ally, if you know the secrets of timing.
Deborah Weir, CFA, lays bare those secrets in this systematic yet easily
accessible volume. Timing the Market is the book she wishes she had when
she entered the MBA program at NYU--and later, when she began her career on
Wall Street.
Moving from broad principles to examples of actual trades, you'll learn to
avoid the market's seductive traps and to make the hard, timely decisions
that will keep you ahead of the game. Abundant charts and tables accompany
Ms. Weir's comprehensive text; but this is no dry presentation of lifeless
data. Rather, Timing the Market presents a fascinating account of the oral
tradition: knowledge that insiders share with family, friends, and clients,
but which has never been offered to the public, until now.
Timing the Market is, above all, a roadmap to prosperity--and the key to
that map is the U.S. Treasury yield curve. Ms. Weir shows how savvy
investors use this powerful market predictor to time their transactions for
maximum profitability. But investing in defiance of the crowd requires more
than a single indicator, and you'll discover which additional benchmarks
can strengthen your resolve to avoid the effects of crowd psychology.
In Timing the Market you'll learn:
* Where to find the data you need
* Why you can't ignore "the ultimate inside trader"
* What losers overlooked before the recent bubble burst
* The most reliable technical indicator
* The secrets of confident contrarians
* How to read the leverage picture
* The four main cultural indictors
[FLAP COPY CONTINUED]
Ms. Weir discusses investment goals and risk tolerances, and provides an
eminently practical top-down method for constructing your portfolio. And
finally, she presents "tales of avarice": a highly entertaining,
informative selection of real-life trading stories, both inspirational and
cautionary.
As the author observes: "Finance becomes romance when applied to real
life." Most importantly, it is the story of your future; a story you
can--and must--create. Timing the Market will enable you to live this
story: a tale of success, security, and prosperity.

Edition details

• Publisher: Wiley
• Publication date: 2005
• Language: English
• ISBN 10: 0471708984
• ISBN 13: 9780471708988
• Binding: Hardcover
• Edition number: 1
• Number of pages: 432