Trading Catalysts

Markets face more volatility -- and more kinds of volatility -- than ever before. If you can understand volatility, you can leverage enormous profit opportunities unavailable to the typical investor. If you fail to understand it, your portfolio will be buffeted constantly by shocks you weren't expecting. Trading Catalysts is the first complete guide to the events that spark large, rapid changes in market prices. Drawing on many recent examples, renowned futures and trading expert Robert I. Webb reveals how to anticipate market catalysts -- and project the magnitude, duration, and breadth of the price changes they induce. You'll learn how to predict the impact of policymakers' comments (intentional and unintentional); elections, terrorism, and other changes in geopolitical risk; scheduled and unanticipated economic reports; even company earnings and other corporate announcements. Webb helps you decode the hidden messages in corporate press releases, and assess both the truth and market implications of unverified rumors. You'll learn how to recognize apparently inconsequential events that spark major rallies or breaks; predict positive or negative feedback loops that drive markets substantially higher or lower; even identify market overreactions. Simply put, market volatility is anything but random. You can master it and you can profit from it.