Stock Trader’s Almanac, Invaluable Tool

Stock Trader’s Almanac 2015, by Hirsch; I came across this treasure trove of information several years ago. It is an invaluable tool for every trader and investor. I would be lost without this Almanac on my desk next to the computer.

Stock Trader’s Almanac is a day planner, so you can make notes to yourself to do something on a specific day. The Strategy Calendar is an invaluable tool; reminding you of  market closures for holidays and when closed half days.

The amount of statistical information is mind boggling, it will boggle your mind. Seasonal patterns, weekly patterns, best days of week to trade, presidential cycles, dicentenial cycles, the January barometer, the Santa Clause rally, and on, and on, and on.

The Almanac features an interesting market timing strategy, which would go well with my proprietary trading strategy, is the “Best Six Months” market timing strategy. Basically this has you in the market at the end of November and then exiting the market the end of May. The Almanac documents the performance of the ” Best Six Months” market timing strategy. It also shows how using a MACD to time the entry and exit significantly increases the performance.

Although the Stock Trader’s Almanac is a treasure trove of information, I do not use any of it in my proprietary trading strategy. My trading strategy is a stand alone system unrelated to any other technical or fundamental information.

That being said the Stock Trader’s Almanac helps me keep abreast of what the market may be doing and any predictable  tendencies which could be important for managing ones long term investment portfolio. Want to know the best day of the week to buy or sell a stock? The Almanac will tell you.

I have been using the Stock Trader’s Almanac for years and would recommend it to all serious investors and traders.