Author: John J.Murphy
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
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Trying to trade stock, bond, commodity and currency markets without intermarket awareness is like trying to drive a car without looking out the side and rear windows–very dangerous. In this guide to intermarket analysis, the author uses years of experience in technical analysis plus extensive charts to clearly demonstrate the interrelationshps that exist among the various market sectors and their importance. You’ll learn how to use activity in surrounding markets in the same way that most people employ traditional technical indicators for directional clues. Shows the analyst how to focus outward, rather than inward, to provide a more rational understanding of technical forces at work in the marketplace.
About the Author
Murphy is a professor of English at Brigham Young University.
JOHN J. MURPHY has been the technical analyst for CNBC-TV for the past six years. He is the author of the bestselling Technical Analysis of the Futures Markets and Intermarket Technical Analysis. Mr. Murphy is President of MURPHYMORRIS, Inc. which was created to produce interactive educational products and services in the field of technical analysis. The website is www.murphymorris.com.
Timothy F. Murphy is Assistant Professor of Philosophy in the Biomedical Sciences and Marc A. Lapp? is Professor of Health Policy and Ethics at the University of Illinois College of Medicine. Murphy is co-editor of “Writing AIDS: Gay Literature, Language and Analysis” (1992), and Lapp? is the author of “Chemical Deception” (1991).
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