If You Understand Market History, You Are Bound to Profit From It

Stansberry Investor Hour

Stansberry Research

America, How, To, Crash, Money, Learn, Stansberry, Income, Research, Debt, Stocks, Porter, Business, Realestate, Banking, Investment, American, Investing, Invest, Howtosave, Sjuggerud, Ferris, Eifrig, Jubilee, Buck, Sexton, Market, Bonds, Churchouse, Savings, Options, Lashmet

4.4 • 677 Ratings

🗓️ 10 March 2025

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week's Stansberry Investor Hour, Dan and Corey welcome Jeffrey Hirsch to the show. Jeffrey is the editor-in-chief of the Stock Trader's Almanac – a book that has been published annually since 1967 and that analyzes stock trends, patterns, and cycles. He is also the editor of the Almanac Investor newsletter, which releases monthly and provides strategic investment advice.

Jeffrey kicks off the show by describing how he got his start interpreting data and how he eventually ended up working on the Almanac. That leads to a discussion about what has changed in the Almanac over the decades versus what has stayed the same – in terms of both human behavior and content. Jeffrey also talks about President Donald Trump shaking things up, what has happened historically in postelection years, and where he believes the market could go from here. (1:39)

Next, Jeffrey reviews the basics of risk control that all the best investors follow and which fundamentals his team looks at to evaluate stocks. He also explains what traders usually get wrong about the moving average convergence divergence ("MACD") indicator and the Santa Claus rally. Moving to the topic of seasonality, Jeffrey explores the flaws in the traditional "sell in May and go away" adage, what the "Christmas in July" phenomenon is, and how market patterns changed after 1949. (18:09)

Finally, Jeffrey discusses what led his father, Yale Hirsch, to originally publish the Almanac and how a background in music can help investors to recognize historical cycles and patterns. He then finishes with his opinion on 5,700 being an important level for the S&P 500 Index and gives tips on how you can fight against confirmation bias. (35:05)

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm Dan Ferris. I'm the editor of Extreme Value and the Ferris Report, both published by Stansberry Research.
0:09.0	And I'm Corey McLaughlin, editor of the Stansberry Daily Digest. Today we talk with Jeffrey Hirsch, editor of the Stock Traders Almanac.
0:17.1	Jeffrey has quite a story to tell about the stock trader's almanac and about all the market history that he's researched since he was a kid working with his father.
0:25.6	So let's do it. Let's talk with Jeffrey Hirsch. Let's do it right now. For the last 25 years, Dan Ferris has predicted nearly every financial and political crisis in America, including the collapse of Lehman Brothers in 2008 and the peak of the NASDAQ in 2021.
0:51.3	Now he has a new major announcement about a crisis that could soon threaten the U.S. economy
0:55.9	and can soon bankrupt millions of citizens. As he puts it, there is something happening in this
1:01.4	country, something much bigger than you may yet realize, and millions are about to be blindsided,
1:06.6	unless they take the right steps now. Find out what's coming and how to protect your portfolio by going to
1:12.2	www. www. American Darkday.com and sign up for this free report. The last time the U.S. economy
1:19.2	looked like this, stocks didn't move for 16 years, and many investors lost 80% of their wealth.
1:25.6	Learn the steps you can take right away to protect and potentially grow your holdings
1:29.4	many times over at www.
1:31.6	American Darkday.com.
1:39.4	All right. Jeffrey Hirsch, welcome to the show, sir.
1:42.3	Thanks for being here.
1:43.7	Great to be with you. Thanks for the invite, guys.
1:46.6	Yeah. You do something that is really cool in creating this stock trader's almanac.
1:55.3	Have you always been all your life just a sort of a date of fiend like this? I mean, is this a long, has this always been
2:05.5	like the direction for you? No, but I was kind of born into this. You know, my father started
2:13.1	the almanac back in the 60s. So it was kind of like osmosis or child by something, you know, by birth or
2:21.2	association. So yeah, you know, I worked with him over the years in school, you know, middle school,
2:28.8	high school, running numbers, not like, you know, not like a bookie but um you know we used to do the
	...

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