The New Laws of the Stock Market Jungle

Michael J. Panzner

293 pages, parution le 15/09/2004

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Résumé

Today's radically new equity markets: what every investor must know to survive... and thrive.

Why many of yesterday's key indicators and market patterns simply don't work anymore -- and what to do about it.
How e-trading, instant messaging, and hedge funds are causing unprecedented market volatility.
Develop an appropriate investment strategy based on today's new realities.

In recent years, the stock market has undergone revolutionary change at virtually every level: new players, new technologies, new information flows, and new macroeconomic conditions. These changes are radically impacting investors, whether they know it or not. Now, you can understand and adapt to the changes -- instead of being victimized by them. Wall Street insider Michael J. Panzner will show you how. Panzner reveals how falling transaction costs and a barrage of data are transforming traditional investment patterns, and how stocks are increasingly being bought and sold like commodities. Discover the impact that electronic trading, instant messaging, and hedge funds are having on intraday volatility and short-term direction. Learn how an era of 'boom and bust' has altered investor behavior and risk preferences, why today's market is increasingly emotional, and why many traditional market indicators simply don't work anymore. From the growing role of derivatives to the increasing unpredictability of seasonal and cyclical patterns, this book takes you 'under the hood' of today's equity markets... so you can develop an appropriate investment strategy for today's new realities.

L'auteur - Michael J. Panzner

MICHAEL J. PANZNER is a 20-year veteran of the global stock, bond, and currency markets. During his career, he has worked in New York and London as a trader and salesman for leading companies such as HSBC, Soros Funds, ABN Amro, Dresdner Bank, and J.P. Morgan Chase. His articles have appeared in Management Review and Business Credit. He is a graduate of Columbia University and currently vice president at a major international financial services firm.

Sommaire

I. EVOLUTION : THE MODERN JUNGLE.
II. THE NEW LAWS.
- Intraday Volatility
- Trading Like Commodities
- Approaches and Attitudes
- Information and Communications
- Derivatives
- Seasonality and Cycles
- Imbalances and Upheavals
- Form and Fantasy
- Market Indicators
- Global Factors
III. SURVIVAL OF THE FITTEST : THE JUNGLE OF THE FUTURE.
- Additional References and Resources.
- Endnotes.

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Prentice Hall
Auteur(s)	Michael J. Panzner
Parution	15/09/2004
Nb. de pages	293
Format	16 x 23,5
Couverture	Relié
Poids	539g
Intérieur	Noir et Blanc
EAN13	9780321247858
ISBN13	978-0-321-24785-8