by Jay Kaeppel (Author)
There is a seasonal bias to the stock market, and by paying attention to the seasonal market tendencies you can gain an edge in the stock market over the long haul. Seasonality offers a practical approach to investing and trading. What better way to learn how to employ seasonal systems than learning from Jay Kaeppel, a master in the analysis of seasonal trends? Kaeppel walks you through this phenomenon that continues to work consistently, providing you with his ultimate seasonal index to make the calendar work for you. Stock Market Seasonals provides a never-before-seen definitive guide that illustrates how to utilize a combination of four basic seasonal tendencies in order to maximize returns.
Front Jacket
In many aspects of life, things occur in a repetitive pattern. And while things do in fact change over time, the basic underlying idea of seasons and seasonality is that even though things do change, they often return to a particular state over and over again--often in a very predictable way.
Over the course of the past twenty-five years, author Jay Kaeppel--one of the most experienced profes-sionals in the areas of seasonality and stock, options, and futures trading--has examined a wide range of seasonal and cyclical trends as they relate to the stock market over the past century. Now, with Seasonal Stock Market Trends, he shares his extensive insights with you.
Written in a straightforward and accessible style, this book will show you how following the calendar--and taking advantage of consistently strong seasonal trends--can help you to achieve long-term stock market success. Kaeppel introduces you to a wide array of seasonal stock market trends--most based on 70 to 100 plus years of actual market data--and identifies objective "rules" for utilizing each one. Along the way, he also presents a process that allows you to track the performance of a given strategy, so that you can gauge its overall effectiveness.
Just a few of the trends touched upon include:
Holiday Seasonal Trends, which looks at the trading days surrounding market holidays to reveal some surprising results
Monthly Seasonal Trends, which focuses on a variety of intramonth market trends and breaks the month down into clearly defined favorable and unfavorable trading days
Repetitive Time Cycles of Note deals with the performance of the stock market in relation to three specific, and repetitive, time cycles--the 212-week cycle, the 40-week cycle, and the 53-day cycle
Sell in May and Go Away thoroughly analyzes the advantages and disadvantages of breaking the year into two six-month periods for investment purposes
Rounding out this detailed discussion is a chapter devoted to using a variety of seasonal trends to build three separate investment models--the Long-Only Method, the Long-Only Plus Leverage (LOPL) Method; and "Jay's Ultimate Seasonal Barometer" (or JUSB). These detailed models are designed to generate specific buy and sell signals, and require no interpretation on your part.
Seasonal Stock Market Trends will help you incorporate seasonal trends into your current investment or trading endeavors and put you in a far better position to generate consistent profits over time. Free of complicated trading systems and so-called surefire secrets, this book will set you on a solid path to finding opportunities in the markets based on recurring seasonal patterns.
Back Jacket
PRAISE FOR
SEASONAL STOCK MARKET TRENDS
"Seasonal Stock Market Trends is by far the most comprehensive analysis of seasonality since we created the Stock Trader's Almanac forty-two years ago. We even learned a few new things."
--Jeffrey and Yale Hirsch, Creators and Editors at Large, Stock Trader's Almanac and www.stocktradersalmanac.com
"Jay Kaeppel's book, Seasonal Stock Market Trends, sets a new standard in seasonality research. There is no guessing here; all of his work is well researched and thoroughly tested."
--David Vomund, President, Vomund Investment Management
"Jay Kaeppel is a highly regarded market analyst who brings his discerning perspective to the study of seasonal patterns in the stock market. In this comprehensive text, Kaeppel builds on the vast literature of calendar price tendencies and goes on to develop a wealth of powerful new seasonal investment strategies."
--Nelson Freeburg, Editor, Formula Research
Author Biography
Jay Kaeppel (Naperville, IL)?is a successful trading strategist for Optionetics, Inc., and has a weekly column titled "Kaeppel's Corner" in which he writes on a variety of trading topics for www.Optionetics.com.? Jay has been profiled in Futures magazine, and Barclays Managed Accounts Report, and is author of The Four Biggest Mistakes in Futures Trading, Four Biggest Mistakes in Option Trading, ?and The Option Trader's Guide to Probability, Volatility and Timing, ?all of which have achieved the Top 10 List at www.traderslibrary.com. With 18 years of programming experience, Jay has written a variety of software programs, most notably "Option Pro" trading software, voted "Best Option Trading System" six consecutive years in Technical Analysis of Stocks and Commodities Magazine.? As Director of Research for Essex Trading Co., Ltd. (1989-2004), he served as a software developer and trading systems designer, and until 2003 he managed futures trading accounts as a CTA, ?registering seven consecutive profitable years.? He earned his Bachelor of Business Administration degree from Western Illinois University in 1981.