How Markets Really Work

The way the markets have acted over the last two decades, shows that nothing has changed. The markets behave the same way today as they have in years past, and that understanding this puts you in a prime position to profit. Written by two top financial experts and filled with charts and graphs that illustrate the market concepts they develop, the book takes a sometimes contrarian view of everything from market edges to historical volatility, and from volume to put/call ratio, giving you all that you need to truly understand how the markets function. Fully revised and updated, How Markets Really Work, Second Edition takes a level-headed, data-driven look at the markets to show how they function and how you can apply that information intelligently when making investment decisions.

CHAPTER 1 Market Edges 

CHAPTER 2 Short-Term Highs and Short-Term Lows 

CHAPTER 3 Higher Highs and Lower Lows  

CHAPTER 4 Up Days in a Row versus Down Days in a Row 

CHAPTER 5 Market Breadth 

CHAPTER 6 Volume 

CHAPTER 7 Large Moves 

CHAPTER 8 New 52-Week Highs, New 52-Week Lows 

CHAPTER 9 Put/Call Ratio 

CHAPTER 10 Volatility Index (VIX) 

CHAPTER 11 The Two-Period RSI Indicator 

CHAPTER 12 Historical Volatility 

CHAPTER 13 Creating a Sample Strategy from This Research 

CHAPTER 14 Applying the Information in This Book