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Informationen zum Autor GARY EDWIN ANDERSON is a principal of Anderson & Loe, providing stock market consulting and advisory services to an international clientele of professional asset managers, including banks, mutual funds, hedge funds, and financial advisors. A well-known technical analyst, Anderson won the 2003 Charles H. Dow Award from the Market Technicians Association for his paper on feedback loops in the stock market. Anderson's work has been featured in Barron's , and he has been published in Technical Analysis of Stocks & Commodities . In addition, he publishes a weekly commentary, Equity Portfolio Manager , and is the primary author of Trader's Boot Camp (tradersbootcamp.com), an online educational service. Klappentext Tap into feedback loops to unravel market trends and discover profitable trading opportunitiesThe Janus Factor presents an innovative theory that describes how feedback loops determine market behavior. The book clearly shows how the theory can be applied to make trading more profitable. The metaphor of the two-faced god Janus is used to reflect alternating market environments, one dominated by trend followers and the other by contrarian bargain hunters.In this book, author Gary Anderson puts forth a systematic view of how positive and negative feedback drive capital flows in the stock market and how those flows tend to favor either sector leaders or sector laggards at different times.* Discusses how to find better performing stocks* Outlines when and how to use momentum strategies for big profits* Addresses when and how to use contrarian strategies* Gary Anderson is the winner of the 2003 Charles H. Dow Award, presented by the Market Technicians AssociationIntellectually challenging and highly practical, The Janus Factor offers insight into market behavior and new methods for capturing stock market trends. Zusammenfassung Tap into feedback loops to unravel market trends and discover profitable trading opportunitiesThe Janus Factor presents an innovative theory that describes how feedback loops determine market behavior. The book clearly shows how the theory can be applied to make trading more profitable. The metaphor of the two-faced god Janus is used to reflect alternating market environments, one dominated by trend followers and the other by contrarian bargain hunters.In this book, author Gary Anderson puts forth a systematic view of how positive and negative feedback drive capital flows in the stock market and how those flows tend to favor either sector leaders or sector laggards at different times.* Discusses how to find better performing stocks* Outlines when and how to use momentum strategies for big profits* Addresses when and how to use contrarian strategies* Gary Anderson is the winner of the 2003 Charles H. Dow Award, presented by the Market Technicians AssociationIntellectually challenging and highly practical, The Janus Factor offers insight into market behavior and new methods for capturing stock market trends. Inhaltsverzeichnis The Janus Factor vii Introduction xiii Acknowledgments xv Chapter 1 Foundations 1 Serendipity 2 The Data Set 5 Reasons and Causes 6 Befuddled 7 Which Way is Up? 9 Chapter 2 The Assignment 13 Measuring Risk: Offense and Defense 14 Picturing Offense and Defense 17 The Benchmark Equivalence Line (BEL) 19 The Trend of Relative Performance 22 Chapter 3 Feedback and Capital Flow 27 Feedback 28 Feedback and Capital Flow 31 Calculating Relative Strength 37 The Relative Strength Spread 39 Trend Followers and Contrarians 41 Chapter 4 The Janus Factor 45 Structure and Entropy 46 Confidence 47 Is the Market Predictable? 48 Balancing Acts and Paradigm Shifts 54 Chapter 5 Seasons of ...
