Stock Market Books

Best Seller: Conquer the Crash, by Robert Prechter (This is a must read before, during, and after the crash)

Best Seller: Elliott Wave Principle, by Frost and Prechter

Robert Prechter, Chartered Market Technician, is the founder and CEO of Elliott Wave International, author of Wall Street best-sellers Conquer the Crash and Elliott Wave Principle and editor of The Elliott Wave Theorist monthly market letter since 1979.

Other technical analysis books:

• Technical Analysis of Futures Markets, John J. Murphy, New York Institute of Finance, 1986, ISBN 0-13-898008-X
• The Profit Magic of Stock Transaction Timing, J.M. Hurst, Prentice-Hall, 1972, ISBN 0137260180
• New Concepts in Technical Trading Systems, J. Welles Wilder, Trend Research, 1978, ISBN 0894590278
• Street Smarts, Connors/Raschke, 1995, ISBN 0965046109
• Reminiscences of a Stock Operator, Edwin Lefèvre, John Wiley & Sons Inc, 1994, ISBN 0471059706
• Technical Analysis of the Financial Markets, John J. Murphy, New York Institute of Finance,1999,ISBN 0735200661
• Technical Analysis of Stock Trends, 8th Edition (Hardcover), Robert D. Edwards, John Magee, W. H. C. Bassetti (Editor), American Management Association, 2001, ISBN 0814406807
• Introduction to the Magee System of Technical Analysis, 2nd Edition (Hardcover), John Magee, W. H. C. Bassetti (Editor, Coauthor), American Management Association, 2003, ISBN 0814407293

Learn How to Forecast Markets Using Technical Analysis

EWI's Senior Instructor Jeffrey Kennedy gives you practical lessons - for free
September 17, 2010

There are two camps of market analysts out there: the fundamental camp and the technical one. Fundamental analysts look at things like the GDP, unemployment, interest rates, etc. to make logical assumptions about where the stock market is going.

Technical analysts use none of that. They look at the market's internals to gauge the trend: things like momentum, trend channels -- and yes, Elliott wave patterns.

And this is your free chance to learn how they do it.

We've put together a free 54-page Club EWI resource for you, "The Ultimate Technical Analysis Handbook." Below is a short excerpt from chapter 3. Enjoy! (For details on how to read this free report in full, look below.)

• The Ultimate Technical Analysis Handbook
  Chapter 3: How To Integrate Technical Indicators Into an Elliott Wave Forecast
  By EWI's Senior Tutorial Instructor Jeffrey Kennedy
• I love a good love-hate relationship, and that’s what I’ve got with technical indicators. Technical indicators are those fancy computerized studies that you frequently see at the bottom of price charts that are supposed to tell you what the market is going to do next (as if they really could). The most common studies include MACD, Stochastics, RSI and ADX, just to name a few.
• I often hate technical studies because they divert my attention from what’s most important -- PRICE. ... Nevertheless, I have found a way to live with them, and I do use them. Here’s how: Rather than using technical indicators as a means to gauge momentum or pick tops and bottoms, I use them to identify potential trade setups.
• Out of the hundreds of technical indicators I have worked with over the years, my favorite study is MACD (an acronym for Moving Average Convergence-Divergence). ... Even though the standard settings for MACD are 12/26/9, I like to use 12/25/9 (it’s just me being different). An example of MACD is shown in Figure 6 (Coffee).
• The simplest trading rule for MACD is to buy when the Signal line (the thin line) crosses above the MACD line (the thick line), and sell when the Signal line crosses below the MACD line. Although many people use MACD this way, I choose not to... I like to focus on different information that I’ve observed and named: Hooks, Slingshots and Zero-Line Reversals. Once I explain these, you’ll understand why I’ve learned to love technical indicators. ...

All you need to get started is to create your free Club EWI profile. Read the rest of the 50-page "Ultimate Technical Analysis Handbook" online now, free! Here's what else you'll learn:

Chapter 1: How the Wave Principle Can Improve Your Trading
Chapter 2: How To Confirm You Have the Right Wave Count
Chapter 3: How To Integrate Technical Indicators Into an Elliott Wave Forecast
Chapter 4: Origins and Applications of the Fibonacci Sequence
Chapter 5: How To Apply Fibonacci Math to Real-World Trading
Chapter 6: How To Draw and Use Trendlines
Chapter 7: Time Divergence: An Old Method Revisited
Chapter 8: Head and Shoulders: An Old-School Approach
Chapter 9: Pick Your Poison... And Your Protective Stops: Four Kinds of Protective Stops

Learn more and download your free copy here. Get more lessons like the one above in the free 50-page Ultimate Technical Analysis Handbook.

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Trading the Stock Market - Stock Market Timing

April 14, 2012 How to stay safe during the next economic crash?

March 28, 2012 European economy is contracting, is the US next?

February 5, 2012 How Deep Will the Cuts in Government Services Go?

January 25, 2012 Why do Traders Fail?

December 20, 2011 How to Prepare for the Coming Crash

November 15, 2011 What are the Best Technical Indicators for Stock Market Trading?

October 20, 2011 Money, Credit and the Federal Reserve Bank

September 19, 2011 How Does Money Disappear in the Stock Market?

September 2, 2011 Behind Closed Doors at the Federal Reserve

August 18, 2011 Stock Market in Free Fall Territory

July 4, 2011 Can the Fed and the Economists Forecast the Future?

June 27, 2011 Trading and Investing Using Elliott Wave Theory

June 10, 2011 Is Lower Trade Deficit a Bullish Sign for the Stock Market?

May 3, 2011 Bin Laden and the Stock Market

April 19, 2011 Is deflation a threat despite Bernanke's printing press?

March 10, 2011 Pop culture, markets and the social mood

February 7, 2011 Should you or should you not diversify your investments?

January 6, 2011 Do Earnings Drive Stocks?

January 4, 2011 Is Your Bank Safe?

December 22, 2010 Why Diversification Does Not Work in Today's Markets

November 24, 2010 Individual Investors Have Jumped Into Another Fire - Muni Bonds Crashing

October 27, 2010 Why You Should Care About DOW (DJIA) Priced in Gold

September 23, 2010 Signs of Deflation

August 19, 2010 Efficient Market Hypothesis - Is the Market Really Efficient?

August 10, 2010 Economic Crisis That No One Saw Coming

July 12, 2010 Stock Market Bottom and DOW Dividend Yield History

July 2, 2010 Deflationary Crash Ahead - Long Bear Market Looming

June 9, 2010 How to Spot a Stock Market Top

April 19, 2010 Goldman Sachs Charged With Fraud

April 6, 2010 Understanding the FED

March 16, 2010 What To Do With Your Pension Plan?

March 15, 2010 Popular Culture and the Stock Market

March 11, 2010 Five Fatal Flaws of Trading

March 9, 2010 Does Gold Always Go Up In Recessions and Depressions?

February 25, 2010 Credit Default Swaps Indicate Trouble for European Debt

February 23, 2010 News is Not What Moves the Markets

February 22, 2010 What Chinese Malls Tell Us About the Economic Reality

February 20, 2010 How Elliott Wave Principle Can Improve Your Trading

February 19, 2010 Europe’s Return to Risky Investment

February 17, 2010 Stock Market Myths

February 11, 2010 Robert Prechter on Herding and Markets\’ “Irony and Paradox”

February 10, 2010 Will The Bears Relinquish Control?

February 5, 2010 EUR/USD: What moves forex markets?

January 27, 2010 Can Bernanke Survive the Bear Market?

December 4, 2009 If You Think the Past Decade Was Bad For Stocks, Wait Till You See This

November 20, 2009 The FDIC Anesthesia Is Wearing Off

November 6, 2009 Financial Mania: What record trading volume says about confidence

October 29, 2009 Black Monday: Ancient History or Imminent Future

October 20, 2009 Gold: Bull or Bubble?

October 9, 2009 Death of the US Dollar

October 5, 2009 Why Technical Analysis Beats Out Fundamental Analysis

September 17, 2009 Germany’s DAX: Free Insight into Europe’s Leading Economy

September 15, 2009 Five Tips for Successful Trades

September 8, 2009 How A Bear Can Be Bullish And Still Be Right

September 4, 2009 Prechter Stands Alone Again - He’s Done the Math

September 2, 2009 How IRAs Can Tie Investors’ Hands

August 20, 2009 The Bounce is Aging, But The Depression is Young

August 13, 2009 Emotional Pitfalls of Trading

July 23, 2009 The Three Phases of a Trader’s Education

July 15, 2009 Spot a Pattern That you Recognize

June 15, 2009 A Road Map To SENSEX 100,000

May 29, 2009 Gold Is Still Money

April 23, 2009 Think That Central Banks Move the Markets? Think Again

April 2, 2009 Bob Prechter on Silver & Gold

March 25, 2009 Key To Trading Success: Ignore Nature's Laws?

March 19, 2009 Are We Near a Low in the Stock Decline?

March 11, 2009 6 Questions You Should Be Asking About the Financial Crisis (And 6 Must-Read Answers)

March 6, 2009 How To Tell a Good Forecast from a Bad One

February 26, 2009 A Better Way To Handle a Shrinking Business

February 19, 2009 The Last Bastion Against Deflation: The Federal Government

February 10, 2009 10 Things You Should and Should Not Do During Deflation

February 6, 2009 Jaguar Inflation - A Layman’s Explanation of Government Intervention to Free Markets