When The Market Moves Will You Be Ready

Book Description

Interactive exercises and trading guidelines for using today's most strategically advanced "event-trading" technique

High-profile events and announcements can cause tremendous swings in stocks and sectors, and often point out tremendous opportunities to investors who know how to read them. When the Market Moves, Will You Be Ready? is a "how-to" for knowing which events matter versus which are meaningless, and how to take advantage of the former for consistent trading success.

Emphasizing the practical side of trading, When the Market Moves, Will You Be Ready? features exercises, Q&As, and checklists for using investing techniques in day, swing, value, or virtually any other trading or investing style.

This hands-on book explores:

• Techniques for finding the best stock in a given sector
• Methods for profitably combining technical and fundamental analysis
• Ways to continually assess market and sector trends

Reviews From AMAZON.COM

An Excellent Book. One of Best I've Read.

Navarro's book is just excellent. He is a very good writer and an educator and knows how people learn. When you read this book you will want to keep your highlighter handy. He uses a very logical flow of concepts and supports them with good information. Of the over 200 stock market and investment books I've read over the past few years, this one is one of the best and you will go away saying...that really makes sense. This book easily stands on its own, so if you haven't read his If it is Raining in Brazil, don't worry about it. Just give it a read and you won't be sorry.

A good book for investment novices

Though the title of this book leads one to take it as the sequel to the author's first book "If it's raining in Brazil, buy Starbucks", it is quite different from it coz "if" is more like an "if then if then" excercise/reminder for relatively veteran investors, whilst this book is more like a beginner's guide to the author's concept of "Macrowave Investing", essence of which can be described by its three golden rules and four stages:-

R1. Buy strong stocks in strong sectors in an upward-trending market
R2. Short weak stocks in weak sectors in a downward-trending market
R3. Stay out of the market and in cash when there is no definable trend.

S1. Diagnose and prognose on corporate earnings news, flow of macroeconomic data, conduct of fiscal and monetary policy of govt, and exogenous shocks like wars and rain in Brazil, the so called four dynamic factors.
S2. Determine broad market and individual sector trends wrt business cycle, stock market cycle and interest rate cycle.
S3. Screen individual stock thru fundamental and technical analysis.
S4. Uses risk/money/trade management tools

The author said that this book is for all. As a professional trader, I believe that it is much more suitable for amateur long term stock investors who favors fundamental analysis. The coverage on S1 and S2 are brilliant, but not for S3 and S4. Serious investors should read some books else to compliment the inadequacies on TA and risk/money management.

In short, a good book. The Q&A and resource reference in the end of each chapter is very helpful. A value buy!