Joseph Granville

From Wikipedia, the free encyclopedia

Joseph E. Granville (August 20, 1923 – ), often called Joe Granville, is a financial analyst, author^[1], public speaker and pioneer[5] in the field of Technical Analysis. His most enduring contribution may have been his popularization^[2] of On-Balance Volume that may be applied to stocks, shares, commodities, and other financial assets traded on financial markets for which historical price and volume information is available.

Granville is probably best known for his bearish market calls during the 1970s, 1980s, and 1990s, when he claimed that the stock market was headed for imminent collapse. His overall track record, according to the Hulbert Financial Digest, is very poor, but he was right on a couple occasions.^[3]

[edit] References

1. ^ Joseph E. Granville, Granville's New Strategy of Daily Stock Market Timing for Maximum Profit, Prentice-Hall, Inc., 1976. ISBN 0-13-363432-9.
2. ^ Larry Williams, letters to Technical Analysis of Stocks and Commodities magazine, V. 22:3 (10-14), March 2004 [1][2] and November 2000 [3]
3. ^ Mark Hulbert, "Gambling on Granville", MarketWatch, March 16, 2005 [4]

[edit] External links

• The Granville Letter
• On Balance Volume