John Murphy (technical analyst)
John J. Murphy is an American financial market analyst, and is considered the father of inter-market technical analysis.[1] He has authored several books including Technical Analysis of the Futures Markets. He later revised and broadened this book into Technical Analysis of the Financial Markets.[2]
Life
After having graduated in the late 1960s with a liberal arts degree, Murphy searched for a position in a Wall Street firm. His first job was with CIT Financial Corporation where he worked as an assistant to the portfolio manager and charted stocks. In the early 1970s he worked for Merrill Lynch in their commodity department where he, later on, was promoted to the post of Director of Technical Analysis. In the 1980s, Murphy started off on his own working as a consultant and teaching evening courses at the New York Institute of Finance. During his time as a teacher he also wrote his very first book named Technical Analysis of the Financial Markets.[3]
Technical Analysis of the Futures Markets is regarded as the standard reference of technical analysis and is still popular today.[4] Intermarket Analysis: Profiting From Global Market Relationships is a primary source for the Market Technicians Association Chartered Market Technician Level 3 exam.[5]
He emphasizes the use of exchange-traded funds (ETFs) to implement asset allocation and sector rotation strategies as well as global trading. He is Chief Technical Analyst, at StockCharts.com.[6][7] His investment opinion has appeared in Barron's.[8]
He has appeared on Bloomberg TV,[9] CNN Moneyline, Nightly Business Report,[10] Wall Street Week with Louis Rukeyser[1] and 7 years on CNBC.[2][11]
Awards
Works
- Technical Analysis of the Futures Markets. Prentice Hall Press. March 3, 1986. ISBN 978-0-13-898008-5.
- The visual investor: how to spot market trends. John Wiley and Sons. 1996. ISBN 978-0-471-14447-2.
- Technical Analysis of the Financial Markets. Prentice Hall Press. 1999. ISBN 978-0-7352-0066-1.
- Intermarket Analysis. John Wiley and Sons. 2004. ISBN 978-0-471-02329-6.
- Trade Secrets - Charting Made Easy. John J. Murphy. ISBN 978-1883272593
References
- "John Murphy, Transcription, 03/15/03 | Financial Sense Newshour". Financialsensearchive.com. 2003-03-15. Archived from the original on 2012-07-22. Retrieved 2012-05-25.
- "John Murphy to MC Vegas Money Show", Business Wire, June 2 1999
- Chris Wilkinson (1997): Technically Speaking - Tips and Strategies from 16 Top Analysts
- "John Murphy, Chip Anderson, and StockCharts.com". Getfolio.com. Retrieved 2012-05-25.
- "Investment Analyst Professionals - Chartered Market Technicians". MTA. Archived from the original on 2010-09-17. Retrieved 2012-05-25.
- "John Murphy's Ten Laws of Technical Trading - ChartSchool". StockCharts.com. Archived from the original on 2012-04-23. Retrieved 2012-05-25.
- "About John Murphy - Support". StockCharts.com. Retrieved 2012-05-25.
- "DJ Barron's(12/13) Market Watch: A Sampling Of Advisory Opinion. | HighBeam Business: Arrive Prepared". Business.highbeam.com. 2004-12-11. Archived from the original on 2012-10-11. Retrieved 2012-05-25.
- "John Murphy, Tom DeMark Discuss Currency Trading, Market: Panel". Bloomberg. Retrieved 2012-05-25.
- More Shorts. "Nightly Business Report | Watch Online | PBS Video". Pbs.org. Retrieved 2012-05-25.
- Louis B. Mendelsohn (1994-04-22). "Market Technologies - A Conversation with John Murphy, CNBC Technical Analyst and Lou Mendelsohn, President Market Technologies". Tradertech.com. Archived from the original on 2012-02-11. Retrieved 2012-05-25.
- "DJU Faculty Bios". Dragonflyint.com. Retrieved 2012-05-25.
- "Investment Analyst Professionals - Chartered Market Technicians". MTA. Archived from the original on 2010-09-23. Retrieved 2012-05-25.
- "STA Fellows". Society of Technical Analysts. Retrieved 2019-01-24.