John Murphy (economist)
From Wikipedia, the free encyclopedia
- For other people with this name, see John Murphy.
This article does not cite any references or sources. (April 2007) Please help improve this article by adding citations to reliable sources. Unverifiable material may be challenged and removed. |
John J. Murphy is a financial market analyst and is considered the father of modern technical analysis.[citation needed]. He has authored several bestselling books, including Technical Analysis of the Financial Markets.
Technical Analysis of the Financial Markets is regarded as the standard reference of technical analysis and has been translated into eight languages and has become a standard textbook for the subject.[citation needed] It is used as the primary text in thirty U.S. universities[citation needed] and is the main source of information for the test given by the Market Technicians Association to become licensed as a Chartered Market Technician (CMT).
In 1992, he was given the first award for outstanding contribution to global technical analysis that was ever presented by the International Federation of Technical Analysts.[citation needed] In 2002, he was the recipient of the 2002 Market Technicians Association Annual Award. His latest book, Intermarket Analysis (Wiley, 2004), is an update of his 1991 edition of the same title which created a new branch of market analysis emphasizing market linkages.[citation needed] Murphy emphasizes the use of exchange-traded funds (ETFs) to implement asset allocation and sector rotation strategies as well as global trading.
He has a Bachelor of Arts in Economics and an MBA from Fordham University.