(More customer reviews)In Conquering the Divide the authors state, "economics is an important but often overlooked component of stock market analysis". In this spirit, this book is an excellent primer for those looking to incorporate economic data into their analysis. The book equips the reader with plenty of knowledge concerning the makeup and use of many popular economic indicators. More importantly, the authors demonstrate how to technically manipulate the economic datum making these indicators more responsive and reliable. Armed with this information, the authors then suggest systems and rules which may be easily applied to gauge the health and state of the stock market. For those looking to apply technical analysis to more than just price data and for those looking to compliment their own analysis with an economic overlay, I would recommend this book as an excellent resource.
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Many writers focus on economy time series, but James B. Cornehlsen and Michael J. Carr are the first to outline a comprehensive, rigorously tested, easy to understand model. In Conquering The Divide, the authors provide documentation of their model's validity. Using statistical verification, Cornehlsen and Carr don't dumb down the economy; they lay out its signals and indicators. Here, they offer a plan for risk assessment that shows you how to maximize returns, forecast inflation, and get out before big declines.