Mapping The Markets - a Guide To Stockmarket Analysis

This book is about how to analyse the way markets are likely to behave and it combines the two approaches used by market analysts: technical analysis, which is based on the belief that price reflects everything that is known about a particular market; and fundamental analysis, which takes into account all kinds of factors in order to determine the correct price of an asset. It is in four parts: a kind of global overview, at the heart of which is an examination of the business cycle, including how the 50-year Kondratieff, 10-year jugular and 4-year Kitchin waves fit together; how stockmarkets are affected by the cycles and seasonal and secular trends; how to identify sectors and stocks to invest in; and future stockmarket drivers - an analysis of some of the innovations, such as fuel cell technology, that will power the next upward leg of the cycle.