Excerpt from John Murphy's seminar, “Applying Technical Methods To Today's Trading,” offered on INO TV Free...
“For those of you that trade the futures markets, there are a lot of other things outside the future markets that you should be following. But, I guess my bigger message is... for those of you that aren't in the futures markets, whether you trade them or not, the futures markets have a tremendous impact on what happens in the other markets.
I keep pointing out to the Wall Street crowd for example, that if you're going to trade stocks, you have to know what's happening in the futures markets, because they affect inflation, they affect interest rates, they affect stock groups, and they play a tremendously important part in the whole financial spectrum.”
In this seminar, Murphy shares his non-traditional methods for selecting markets to trade based around commodity trends and leading indicators. His intermarket analysis is put in action to show just how commodities can put a drag or a rocket under a stock.
Murphy is a former CNBC analyst, the principal of JJM Technical Advisors, and author of Technical Analysis of the Futures Markets (1986), Intermarket Analysis (1991), and The Visual Investor (1996)
Click here to watch this complimentary, educational seminar!
The MarketClub Team
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