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Mastering the Stock Market: High Probability Market Timing and Stock Selection Tools

Book Description

Noted technical analyst John Person outlines a comprehensive method to pinpointing today's best trading opportunities

The economy and stock market are heavily influenced by seasonal factors. For example, a strong holiday buying season tends to be bullish for retail stocks or rising energy costs hurt airline profitability. Awareness of seasonal trends in both the economy and stock market can put you in a better position to profit from sectors and stocks that are likely to outperform the overall market. And technical tools can then be used to confirm emerging trends and time entries into these stocks and sectors.

Mastering the Stock Market provides authoritative insights into a method for trading stocks based on seasonal trends, sector analysis, and market timing. Taking a top-down approach, the book explains how seasonal supply/demand forces impact commodities and different sectors of the stock market. After learning how to identify stock market sectors and commodity ETFs that are ripe for a big move, you'll quickly discover how to use technical analysis to gauge the strength of the sector or commodity and then identify the strongest stocks and ETFs to trade. Along the way, you'll also learn how to use the author's own indicators, Persons Pivots, to identify support/resistance areas and pinpoint optimal entry and exit points.

  • Outlines a proven technical approach for trading stocks based on seasonal trends, sector analysis, and market timing

  • Breaks new ground in comparative relative strength, trading volume, breadth indicators, and utilizing pivot analysis in conjunction with options expiration days to identify trading opportunities

  • Written by noted technical analyst John L. Person

To successfully trade today's markets you need to use a proven approach and have the discipline to effectively implement it. Mastering the Stock Market has what you need to achieve these goals and capture consistent profits along the way.

Table of Contents

  1. Cover
  2. Series
  3. Title Page
  4. Copyright
  5. Dedication
  6. Foreword
  7. Introduction
  8. Chapter 1: Stock Indexes and Sectors
    1. STOCK-PICKING QUANDARY
    2. EXCHANGE-TRADED FUNDS
    3. THE OPTIONS MARKET
    4. WHY USE SEASONAL ANALYSIS?
  9. Chapter 2: Seasonal Analysis
    1. PONDERING THE PERKS
    2. NOT ALL ETFS ARE MEASURED EQUALLY
    3. CONCLUSION
  10. Chapter 3: Sentiment Analysis
    1. THE AAII SENTIMENT SURVEY
    2. COT DATA
    3. INSIDER TRADING INFORMATION
    4. COT DATA COMPONENTS
    5. CAN TRADERS BENEFIT AND MAKE MONEY FROM THIS INFORMATION?
    6. HOW CAN THIS INFORMATION POSSIBLY BE OF ANY HELP TO US?
    7. COMPELLING EVIDENCE
    8. CONCLUSION: COT OPTION STRATEGY
  11. Chapter 4: Comparative Relative Strength
    1. WHAT IS IT USED FOR?
    2. CREATING THE CHARTS
    3. SPREAD TERMINOLOGY
    4. AUTOMATING SIGNALS
    5. COMPARING MARKET PERFORMANCE
    6. CONCLUSION
  12. Chapter 5: Breadth Studies
    1. TREND-LINE ANALYSIS
    2. BEARISH DIVERGENCE SIGNALS
    3. BULLISH CONVERGENCE SIGNALS
    4. SUPPORT AND RESISTANCE
    5. INDICATORS AND MOVING AVERAGES
    6. CONCLUSION
  13. Chapter 6: Volume Analysis
    1. HINDSIGHT IS 20/20
    2. CURRENT EVENT ANALYSIS
    3. INDIVIDUAL STOCKS
    4. BEARISH DIVERGENCE
    5. BULLISH CONVERGENCE
    6. SELLING CLIMAX
    7. EXHAUSTION TOPS
    8. TRADING PATTERNS
    9. VOLUME AND HIGH-FREQUENCY TRADERS
    10. VOLUME WEIGHTED AVERAGE PRICE
  14. Chapter 7: Patterns, Indicators, and Oscillators
    1. CANDLESTICKS
    2. THE DOJI
    3. REVERSAL PATTERNS
    4. CONTINUATION PATTERNS
    5. CONCLUSION: INDICATOR 101
  15. Chapter 8: Scanning for Profits
    1. SCANNING THE UNIVERSE
    2. TRADE NAVIGATOR
    3. HIGH- AND LOW-CLOSE DOJI SCANS
    4. DAILY SCAN SIGNALS
    5. TRADESTATION
    6. CONCLUSION
  16. Chapter 9: Pivot Point Analysis
    1. STOCK TRADER'S TIME FRAME
    2. PERSON'S PIVOTS CALCULATIONS
    3. FIBONACCI COMBINED WITH PIVOT POINTS
    4. SUMMARY
  17. Chapter 10: Putting It All Together
    1. CALCULATING POSITION SIZE
    2. PROFIT TARGETS
    3. STOCK REPLACEMENT OPTION STRATEGY
    4. DAY TRADING POSITION SIZING
    5. AVERAGE TRUE RANGE
    6. TWICE BAKED
    7. ORDER ENTRY USING PPS
    8. SNAP-BACK TECHNIQUE
    9. ORDER TYPES
    10. STOP SELECTION
    11. THE EXIT
    12. EXPECTATIONS
    13. DISCIPLINE
  18. About the Author
  19. Index