Planning Wealth

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Candlesticks charts, although originating in Japan, now play an important role in technical analysis worldwide. Now, for the first time in English, this book presents the next stage of candlestick analysis – Ichimoku Kinko Hyo. Sometimes called Cloud Charts, this analysis adds moving averages to candlestick charts. But moving averages a little different from those traditionally used in the West. For trending markets, Cloud Charts add an essential tool for analysing near-term areas of support and resistance.The book covers the history of candlestick charts – explaining the context in which they developed. And then moves on to explain how in the 1930s a journalist, with the pseudonym Ichimoku Sanjin, started refining candlestick analysis by adding a series of moving averages. The book explains in detail how to construct Cloud Charts and how to interpret them. A chapter is devoted to the advanced analysis of Cloud charts, with an in-depth study of the Three Principles: Wave Principle, Price Target and Timespan Principle. The book is illustrated throughout with numerous examples of Cloud Chart analysis.Walk into any Japanese dealing room today and you will see that the most common charts being used are Ichimoku Kinko Clouds. This book presents the definitive explanation of these charts for the first time to a Western audience.

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In today’s changing political and economic environment, it is increasingly important that companies learn to properly use various trading instruments to protect themselves against price volatility. Since the first successful energy futures contract was introduced almost a quarter century ago, trading in energy futures and options has played an important role in hedging against fluctuations in the price of petroleum products, crude oil, natural gas, propane, electricity, and most recently, coal.

In this 2nd edition of their best-selling primer, authors Steven Errera and Stewart L. Brown explain how exchange traded futures and options markets work, and how companies can successfully use the markets in their overall strategy to increase profitability. They cover everything from market mechanics, hedging, spread trading, and technical trading to the history and growth of the markets. Also included in an extensive appendix detailing contract specifications for thirteen energy futures/options contracts.

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A pioneer in the financial media, Dick Davis has interacted with the investing public for over forty years. With his new book, he continues this trend. The first part of The Dick Davis Dividend contains an easy-to-read, yet profound discussion of the essentials of investing—focusing on the savvy veteran’s often unconventional, core beliefs. While the second part of this engaging guide makes a compelling case for combining both passive investing via index funds and active investing via stocks and mutual funds.

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The Wall Street Waltz

Introducing the new Fisher Investment SeriesComprised of engaging and informative titles written by renowned money manager and bestselling author Ken Fisher, this series offers essential insights into the worlds of investing and finance.

“Any investor who fails to read and heed Ken Fisher’s book will have only himself (or herself) to blame if he loses his shirt in the market. Using simple words and dramatic charts, Fisher packs a whole financial education into one neat package.”

James W. Michaels, Editor Emeritus and Group Vice President-Editorial, Forbes, Inc.

“Ken’s book vividly presents a complete picture of the stock market’s history-a vital tool for the savvy investor.”

Charles R. Schwab, founder, Chairman, and CEO, The Charles Schwab Corporation

“If a picture is worth a thousand words, then these charts could be worth your life savings.”

William E. Donoghue, Chairman, W. E. Donoghue Co., Inc.

“Ken Fisher’s clear, insightful analysis makes this a compelling book. For information and entertainment, this is a book to turn to again, and again, and again.”

David Dreman, founder, Chairman, and CIO, Dreman Value Management, LLC

Product Description

Now completely revised and expanded!

THE bestselling guide to Getting Started in Stocks

Thinking of getting your feet wet in the stock market, but don’t know where to begin? Perhaps you’ve already taken the plunge but would like to know more about the stock and mutual fund investments you’ve made? Tens of thousands of investors already know the place to start is this best-selling guide by Alvin D. Hall, whose dynamic style of teaching investment professionals has earned him the moniker, the “Professor of Wall Street.” Packed with new material on mutual funds, dozens of new real-life examples, and up-to-the-minute information, this thoroughly updated edition will help you:

• Set clear financial goals
• Determine the level of risk you can afford to take
• Evaluate stocks and securities for risks and rewards
• Track market trends for solid, informed choices
• Use mutual funds to diversify and cut risk
• Determine the right proportion of stocks for your portfolio
• Fully exploit international market opportunities

Product Description

Day trading is Wall Street’s hottest trend and, in The Compleat Guide to Day Trading Stocks, famed futures trader and author Jake Bernstein turns his attention, knowledge, and experience to the exciting world of stock trading. Bernstein covers timing systems, trend following systems, breakout systems, and more–all illustrated with chart examples based on intra-day time frames, and supported by results from his meticulous, historically accurate back testing.

Basic enough for novice traders–yet with enough detail for the most demanding market veterans–Bernstein’s book gives day traders the tools they need to succeed in this fast-paced, relentless market. Special attention is given to:
• Day trading the technology sector
• Risk management and diversification
• Little-known nuances of order placement Jake Bernstein (Northbrook, IL) publishes MBH Weekly, a newsletter covering the commodities and futures markets. Author of The Compleat Day Trader and Strategies for the Electronic Futures Trader, Bernstein is a popular speaker at trading seminars and regularly appears on radio and television.

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An in-depth examination of a powerful new trading strategy

“Fischer provides an intriguing and thorough look at blending the Fibonacci series, candlesticks, and 3-point chart patterns to trade securities. Backed by explicit trading rules and numerous examples and illustrations, this book is an invaluable tool for the serious investor. Read it.”
–Thomas N. Bulkowski author of Encyclopedia of Chart Patterns and Trading Classic Chart Patterns

In this groundbreaking new book, Fibonacci expert Robert Fischer and coauthor Dr. Jens Fischer successfully merge Fibonacci applications with candlestick charting to create an innovative trading strategy that will help you enhance profits and reduce risk.

Filled with in-depth insights, helpful charts and graphs, and practical real-world examples, Candlesticks, Fibonacci, and Chart Pattern Trading Tools reveals how correctly combining these different strategies can give you a noticeable edge in challenging market times–regardless of whether you are a short-term or long-term trader–and improve your chances of success under a variety of market conditions.

You’ll be introduced to the critical aspects of this synergistic approach through in-depth analysis and detailed explanations of:

• Core combinations of Fibonacci trading tools with candlesticks and regular 3-point chart patterns
• The magic figure “three” and its relevance in pattern recognition
• Fibonacci-related trading strategies, selected candlestick chart patterns, and regular 3-point chart patterns
• Applications of these trading strategies–double tops, Fibonacci price extensions, PHI-channel applications
• PHI-ellipses as trading tools
• And much more

Along with the computer technology of the WINPHI charting program included on the companion CD-ROM, Candlesticks, Fibonacci, and Chart Pattern Trading Tools will help you understand and implement this profitable trading strategy to the best of your ability.

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Praise for The Day Trader

“A legendary S&P floor trader has written a powerful, brutally honest chronicle of his determined rise to the top of his profession. Touching and insightful, this riveting account is one of the best trading memoirs ever.”–—NELSON FREEBURG, PUBLISHER, FORMULA RESEARCH

“The Day Trader provides a rare look into the events that shaped the extraordinary character of one of the most unique people to ever put on a trading jacket . . . it comes as no surprise that Borsellino places himself at the center of the maelstrom surrounding electronic trading versus open outcry and provides a truly balanced, intelligent, and unemotional view of the momentous transformation occurring in the financial markets. It is imperative that anyone involved in trading the markets–—either traditionally or electronically–—read this story and benefit from the insights of one of the great traders of our lifetime.”–—MARIO ALBERICO, FORMER SENIOR VICE PRESIDENT, ELECTRONIC TRADING, CHICAGO MERCANTILE EXCHANGE

“The Day Trader is must reading for anyone in the market. Lewis Borsellino is an Italian American hero who climbed the mountain with guts and honor. The neighborhood kid will always remember where he came from.”–—DOMINIC DI FRISCO, PRESIDENT EMERITUS, JOINT CIVIC COMMITTEE OF ITALIAN AMERICANS

Amazon.com Review

The subtitle of The Day Trader, From the Pit to the PC, indicates the evolution of the trader from floor jockey to computer cowboy. But this is less an account of the trader’s changing arena than the story of Lewis Borsellino, a fist-shaking Italian American from Chicago’s West Side whose grit and determination helped him become one of the top traders in the Standard & Poor futures pit. “When the world around me goes nuts, I become more sane. The wilder the market gets, the more disciplined I become.” He credits this focus to his tough but compassionate Italian American father, a truck driver with a penchant for lightening the loads of his deliveries. “I do what I do so you don’t have to,” says the elder Borsellino, prior to getting busted by the feds for hijacking a million-dollar shipment of silver.

Shedding his father’s mobster ties, Borsellino quickly moves up the trading ranks, establishing a position–literally–on the second step of the Chicago Mercantile Exchange. For 18 years, he doesn’t budge, sometimes using his fists to ward off aggressive traders, and gaining a “sixth sense” that helps him determine which way the market is headed. Although Borsellino provides a good deal of technical reasoning behind his many successes and failures, he repeatedly returns to this intangible quality, stressing its importance and describing how it’s made him millions.

The Day Trader concludes with some thoughts on the pit’s computerized future. Since writing the book, Borsellino has left the S&P to become a fund manager. He relies on computers now more than ever, but wonders how digital day traders without floor experience will get their sense of market flow, timing, and price patterns. Borsellino’s The Day Trader is a good place to start. –Rob McDonald

Product Description

Understanding Credit Derivatives offers a comprehensive introduction to the credit derivatives market. Rather than presenting a highly technical exploration of the subject, it offers intuitive and rigorous summaries of the major subjects and the principal perspectives associated with them. The centerpiece is pricing and valuation issues, especially discussions of different valuation tools and their use in credit models.

* Offers a broad overview of this growing field
* Discusses all the main types of credit derivatives
* Provides back-of-the-book summary of statistics and fixed-income mathematics

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Target the Super Stocks that deliver huge returns

One of the most successful investing books ever published, Super Stocks showed investors how to use innovative techniques and fundamental analysis for valuing stocks and predicting future profit margins.

You’ll gain valuable insight into Fisher’s original thinkin for valuing stocks and predicting future profit margins. A pioneer in the use of the Price Sales Ratio-a powerful analytical tool-Fisher regales readers with instructive tales of the businesses he invested in and profited from.

Super Stocks gives a historical perspective on how Fisher successfully researched companies and stocks—who he saw and what he asked—to get a better read on profitable returns.

“As rich in investment war stories as it is in knowledge.”-The Motley Fool