What books do you recommend for 2011?

Reminiscences of a Stock Operator - Annotated Edition by Jon Markman: This book is always at the top of my list. In fact, I refer to this book many times throughout the year. Many of the Wall Street axioms we hear today can be found in the pages of this classic. Markman examines Livermore’s strategies and then explains how they can be applied in today’s markets. These techniques will help both new and experienced traders.



Stock Trader's Almanac 2011 by Jeffrey Hirsch: This book adds another dimension to technical analysis. Hirsh dissects the historical record to tell us what has and hasn’t worked in the past. Week-by-week and month-by-month, this book details market patterns and tendencies to help forecast market trends and time market moves. These studies will enhance classical technical analysis and chart reading.



Intermarket Analysis by John Murphy: The intermarket picture was thrown for a loop with the financial crisis in 2007-2008, but the world appears back on track over the last two years. With interest rates and commodity prices rising, 2011 may be a good time to review the traditional relationships among stocks, bonds (interest rates), commodities (inflation) and the Dollar. Murphy also covers the business cycle and how these assets operate at different times during the cycle.



All of these books can be found at discounted prices in our bookstore (click here).