Back Issues Archive Traders' Glossary Novice Traders' Notebook Products Store. The long-term trend of the stock market appears to have a very strong underlying demand component. O f course, there will be problems for the market along the way. There always is.
History shows that any time interest rates start rising, the stock market begins to struggle.
During February 1996, US Treasury bond yields started rising at the same time that the stock market began to move sideways. But it never hurts to review important topics, and that brings me to this month's interview with author and CNBC market analyst John Murphy . Murphy, whose writings in the field of technical analysis and especially intermarket analysis are must-reads, talks about some of his methods for spotting emerging trends, intermarket analysis and his favorite indicators. One of the more interesting aspects of Murphy's work is that he believes in using techniques that are insightful and yet simple. Keeping it simple is probably the best advice any new technician can heed.