The Stock Market Barometer - Hardcover

Hamilton, William Peter

Hardcover

ISBN 10: 1497863708 ISBN 13: 9781497863705

Publisher: Literary Licensing, LLC, 2014

Synopsis

The Stock Market Barometer by William Peter Hamilton is a comprehensive guidebook to understanding the stock market and its fluctuations. Originally published in 1922, this book has stood the test of time and is still relevant today. The author, Hamilton, was a respected financial journalist and editor of The Wall Street Journal, and his insights and analysis are still considered valuable by investors and traders alike.The book covers a range of topics related to the stock market, including the history of the market, the role of speculation, and the impact of economic and political events on stock prices. Hamilton also outlines his own approach to analyzing the market, which he calls the ""Dow Theory."" This theory is based on the idea that the stock market is a reflection of the overall health of the economy, and that trends in the market can be predicted by analyzing the movements of the Dow Jones Industrial Average.Throughout the book, Hamilton provides clear and concise explanations of complex financial concepts, making it accessible to readers with a range of backgrounds and experience levels. He also includes numerous charts and graphs to illustrate his points and provide readers with a visual understanding of market trends.Overall, The Stock Market Barometer is a must-read for anyone interested in the stock market, whether you are a seasoned investor or just starting out. Hamilton's insights and analysis are still relevant today, and his approach to analyzing the market provides a solid foundation for understanding how the market works and how to make informed investment decisions.This Is A New Release Of The Original 1922 Edition. A Study Of Its Forecast Value Based On Charles H. Dow's Theory Of The Price Movement, With An Analysis Of The Market And Its History Since 1897.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

About this title

From the Back Cover

"[The Dow Theory] is a market forecasting tool that is still better than anything I've ever seen on Wall Street." —from the Foreword.

A renowned newspaper reporter, economist, and publisher, Charles H. Dow was a man of varied talents and interests who left an indelible mark not only on the field of journalism, but also on the world of finance. In 1882 he established, along with Edward D. Jones, the Dow Jones financial news service, and seven years later founded the Wall Street Journal. His greatest legacy, however, may be the Dow Theory, the "stock market barometer" that is arguably the single most important —and reliable —forecasting tool ever developed.

A comprehensive and authoritative look at this invaluable market gauge was first provided in 1922 by William Peter Hamilton, a financial journalist and Dow contemporary who explored the thinking behind the Dow Theory and its ramifications in The Stock Market Barometer. Widely regarded as the definitive word on the subject, this priceless investment classic celebrates its diamond jubilee with a handsome new edition to enlighten, instruct, and inspire a new generation.

Among the best strategies for understanding and determining trends in the market, the Dow Theory—a deceptively simple concept that focuses exclusively on the movements of the Dow Jones Industrial Average—has maintained, despite momentous changes in the marketplace, an impressive track record over the years. Its consistently high rate of performance is a testament to its credibility in predicting where the market is headed.

In The Stock Market Barometer, William Hamilton's clear and in-depth analysis explores the Dow Theory's underlying principles, its explanation of averages and its remarkable affinity for predictable cycles of panic and prosperity. More than just a blueprint of the Theory, however, Hamilton's cogent discussion provides a concise examination of the stock market and its history since 1897, as well as thorough descriptions of the notable trends he observed during a distinguished career. His undisputed gifts of insight and interpretation bring focus and flavor to his candid views on a variety of vital topics, including market manipulation, speculation, and regulation.

Ageless in its directness, approach, and success rate, the Dow Theory has withstood the test of time. So, too, has The Stock Market Barometer. A springboard from which current Dow Theory has thrived, this priceless work remains as vital a guide to market prediction as when it first appeared seventy-five years ago.

"Hard drives didn't exist in Charles Dow or William Peter Hamilton's day nearly 100 years ago. Yet, these two men developed and refined a market forecasting tool that is still better than anything I've ever seen on Wall Street. . . . If you are a serious student of investing, you owe it to yourself to 'go back to the future' and read this book." —from the Foreword by Charles B. Carlson.

"Hard drives didn't exist in Charles Dow or William Peter Hamilton's day nearly 100 years ago. Yet, these two men developed and refined a market forecasting tool that is still better than anything I've ever seen on Wall Street. . . . If you are a serious student of investing, you owe it to yourself to 'go back to the future' and read this book." —from the Foreword by Charles B. Carlson.

First published in 1922, this priceless investment classic is regarded by many as the definitive word on Dow Theory, the "stock market barometer" developed by Charles H. Dow. Here, financial journalist and Dow contemporary William Peter Hamilton explores both the thinking behind and the intricacies of the Dow Theory. The springboard from which current Dow Theory was launched, The Stock Market Barometer is as relevant, informative, and important today as it was the day it was written.

"I urge you to read this book, and read it again and again. Robert Rhea, the famous Dow Theorist of the 1930s, stated that he read and reread The Stock Market Barometer at least once a year. Frankly, I can think of no better advice." —Richard Russell, Publisher, Dow Theory Letters, Inc.

About the Author

WILLIAM PETER HAMILTON originally published The Stock Market Barometer in 1922. Mr. Hamilton spent a career in financial journalism and became editor of The Wall Street Journal.

Edition details

• Publisher: Literary Licensing, LLC
• Publication date: 2014
• Language: English
• ISBN 10: 1497863708
• ISBN 13: 9781497863705
• Binding: Hardcover
• Number of pages: 370