O'Reilly logo

Global Macro Trading: Profiting in a New World Economy by Greg Gliner

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 8Equities

This chapter provides an overview of equity indices, equity derivatives, and model valuation techniques. Model valuation techniques are performed on a macro level and are designed to provide a general sense of value in the stock market as a whole. Trading equities can take many forms, from value investing to long/short strategies to event-driven trading. In macro, a trader should understand equity in terms of market behavior in the country he or she is trading, the sectors that make up those indices, and correlation risk.

Equity Indices Overview

An equity index measures a country’s equity performance using a specific basket of stocks. For example, the S&P 500 is a basket of 500 stocks, while the Dow Jones Industrial Average ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required