John J. Murphy
John J. Murphy is a renowned author and speaker known for his expertise in business transformation and leadership. With a rich background in management consulting, he has authored several bestsellers, including "Pulling Together" and "The Power of Positive Change." Murphy's work focuses on inspiring positive change and effective teamwork in organizations. His practical insights and motivational approach have made him a sought-after consultant and speaker worldwide.
Book summaries for books written by John J. Murphy
Quotes
The market reflects all the known information, and the price reflects all the knowledge of all the market participants.
The trend is your friend until it bends at the end.
Support and resistance are the most basic concepts of chart analysis.
Volume is an important secondary indicator of market strength.
Technical analysis is applicable to all markets, not just stocks.
A moving average smooths out price data by creating a constantly updated average price.
Trendlines are a simple yet effective tool for chart analysis.
Indicators are used to confirm price movement and the probability of its continuation.
The head and shoulders pattern is one of the most reliable trend reversal patterns.
Charts provide a visual representation of price movements over time.
Oscillators are typically used to identify overbought or oversold conditions.
The relative strength index (RSI) is a momentum oscillator that measures the speed and change of price movements.