Mapping the Markets: A Guide to Stock Market Analysis »

Deborah Owen is managing director of Investment Research of Cambridge (IRC). Founded in 1945, IRC was one of the first companies in the UK to specialise in technically-based research and it has a global reputation for the quality of its analysis of the financial markets. Owen started working in the City of London as a financial journalist for Euromoney magazine. She then worked as a currency strategist for Chemical Bank and Charterhouse Bank before starting her own financial publishing business. She is a fellow of the Society of Technical Analysts and edits the society’s journal. She is also coauthor of EMU in Perspective, published in 1999.

Robin Griffiths has worked in the financial markets since 1964. He is currently head of global investment strategy at Rathbones, a leading UK investment firm. From 1986 to 2002 he was HSBC’s senior technical analyst, publishing commentary on world stockmarkets, bonds, currencies and commodities. Prior to that he worked at Grieves and Grant, W.I. Carr and Phillips & Drew. A former chairman of the International Federation of Technical Analysts, he is a fellow of the Society of Technical Analysts and is a regular commentator on BLOOMBERG NEWS®. For twenty-five years he wrote the Amateur Chartist newsletter.

In this guide to stock market analysis, the authors offer a global overview of business cycles and their impact on financial markets, explain how stock markets are affected by the cycles and by seasonal and secular trends, and show readers how to identify sectors and stock in which to invest.

Acknowledgements.

Introduction.

Part 1 Tools for mapping the markets.

1 Economic cycles.

2 Stockmarket cycles.

3 Sector rotation.

4 Stock selection.

Part 2 Long-term cyclical drivers.

5 Economic catch-up.

6 Demographic trends.

7 Energy.

8 Biotechnology.

Part 3 Downward phases of the cycle.

9 Global imbalances.

10 External events.

Part 4 Taking market bearings.

11 Stockmarkets.

12 Sectors.

Conclusion.

Note on sources.

Bibliography.

Index.