What is Technical Analysis?
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis can help investors anticipate what is “likely” to happen to prices over time. Technical analysis uses a wide variety of financial charts that show price over time.
Introductions to Investing
Why Analyze Securities?
Examines the three types of market analysts, what they believe about financial markets and why, helping you understand the big picture when it comes to deciding the “best” way to invest
Explains what Technical Analysis is, how it works, and the general steps one should take when using technical charts and indicators to analyze stocks. It concludes with a look at the strengths and weaknesses of using charts to make investment decisions
Describes Fundamental Analysis and explains the general steps that a fundamental analyst takes when evaluating a stock. It also looks at the strengths and weaknesses of fundamental analysis
Examines the relationships between four key intermarket players: Stocks, Bonds, the Dollar and Commodities. These relationships are then tied in to the business cycle and sector rotation within the business cycle
Random Walk vs. Non-Random Walk
Explains both the Random Walk Theory of financial markets and its counterpart, the Non-Random Walk Theory, and considers how these two competing concepts affect technical analysis
"Must-Read" Technical Analysis Articles
Technical Analysis 101
A short course in the basic tenets of the field, designed to provide newcomers with a working background of technical analysis
The Psychology of Investing
Irrational Exuberance and Behavioral Finance
Describes the findings in Robert Shiller's book, Irrational Exuberance
. The 12 precipitating factors of the 2000 stock market bubble are detailed as well as cultural and psychological factors influencing the decision making process when investing in stocks
Introduces and explains eleven of the most powerful and common cognitive biases faced by both the average individual throughout daily life and investors in today's financial markets
Strategies, Rules and Guidelines
"The Trader's Journal" by Gatis Roze
A collection of short articles by a successful technical trader about his tools, his routines and the lessons he has learned throughout his years in the market
Bob Farrell's 10 Rules
Veteran Wall Streeter Bob Farrell of Merrill Lynch teaches investors to think outside the box with his 10 rules on investing