Martin Zweig's Winning on Wall Street

This was a well written and easy to understand book with a ton of valuable information. The author kept it simple enough for me to follow, so I created a spreadsheet for his indicator model. It took me a fair amount of time, but the updates shouldn't take long, and I feel it's very well worth the effort. I had not followed the installment debt or prime rate prior to this, which adds quite a bit of weight to his forecasting model. I feel that most of the information is very relevant today, but one thing I questioned was that his cutoff for the Prime Rate Indicator was 8%, with different points being given to the model if it was under or over this rate. With interest rates declining so much over the last few decades, I wonder how accurate the 8% threshold is now. Also,positive points are added to the model when the Fed Funds or Discount Rate is dropped. Since we've had multiple cuts recently, that added points to his model that helping in making stocks a "buy" at this time. I question that since I feel that we're overdue for a bear market, and I think the chance of the Fed's cutting as we near or go into a bear market will happen, so I will be curious to see how the forecasting model changes when this happens. Also, when I did my homework on his installment debt indicator, I found that it hadn't crossed that 9% delineation mark for quite time. If I remember right, it hadn't crossed that mark since before 2000. Still, many of his tips and indicators are great and I appreciate his insight. Even if I question that some of the exact numbers may be outdated, it would still pay to watch the indicators to see how they change relative to their recent history. He really stressed limiting losses and using trailing stops. This is one of my favorites, along with Mark Minervi's Trade Like a Stock Market Wizard and Martin Pring's Technical Analysis Explained.

This is by far the best investing book I have read. I just gave Jim Cramer's book, Real Money, a 3 star rating for lack of usable info on top of his 400 pages of egoistical ramble.First of all, Dr.Zweig has the financial education and extensive research of the market since 1929 behind him. After all he has earned his bachelor's, master's, and doctoral degree in Finance. He has the track records that are particularly amazing in BAD markets. As Zweig says, "anybody can be a hero in a bull market".The entire book is an introduction of his "Super Model", what he calls it. It is a series of monetary and momentum indicators combined into a one powerful model, which is a perfect fit for the "weekend investor".Do not get me wrong. His extensive research model is simplified in this book to fit the "weekend investor" complexity, but it is not as simple as it may sound. If you are serious about his approach, then you will have to read his book at least 2 times to get the overall concept and then it will require to actually work out the model in current numbers on a separate Excel worksheet.If you "get" the book, you will understand that developing the so called "Zweig Screen" is just half the battle. Stock picking is very important to Zweig, of course; however, knowing the direction of the market based on his models is the other 50%. It may just mean your being invested 100% in stocks and sleeping soundly or being invested only 25% in stocks and sleeping soundly again, knowing you are not missing anything.To sum it up in one sentence, Zweig's approach is a combination of economics and finance. I suggest constructing his models and following the final Super Model. Then create a simulated portfolio on any financial site. Follow some Zweig Screen, for example AAII.com's, and measure the performance of your portfolio for a quarter. You will see results. Remember, there are no shortcuts in Zweig's models!I wish there were more books from Zweig, but in all, this book is really sufficient.

Got this book for my recently graduate son. He is into the market and requested this as a gift. He does read it daily so I assume that he is into it. Got a few sad points …Lol.

Top notch analysis. Still relevant in 2024. While there is more data today, there is less thinking. Martin Zweig closes this gap.

I purchased this book because the AAII 8 year study of different strategies showed Zwieg's returning 1,659.3% from 1998-2005. He was #1 out of 56 others, including Buffett, Lynch, Fisher, O'Neal's CAN SLIM, Motley fools, and using ROE, P/E's etc. Second place was O'Neal's CAN SLIM with a 860% return, which is the strategy I use. This study got my attention. Zweig is a rare mix, he was previously a finance professor, (He holds many degrees in finance). He is a successful trader in his own right. He is the chairman of a very successful closed end fund and a mutual fund, and publishes one of the most successful newsletters the Zwieg Forecast. His super model for stock market timing focuses in on timiming for entries and exits based on monetary policy and market momentum. He uses the prime rate, Fed rate, and installment debt as factors to judge the markets performance. He also uses market momentum indicators like advance decline ratios being greter than 2 to 1, up volume being at a 9-1 ratio. He also discusses simplyfing into entering on a 4% advance and selling after a 4% decline. He puts these factors together to create a point valued timing system that was close to perfect during the past 30 years predicting the trend. He shows the performance of each factor in real historical data. He favors value combined with growth and to stay away from huge P/E ratios, and diversifying your portifolio across at least 5 stocks in different industries. Which is great advice for investors. (I am a stock trader so I play the market differently, but use this in my 401K). He does believe in using a trailing stop loss on your stocks to limit losses to 10-20%. He also does the best job I have seen explaining short selling and how it is the same amount of risk as going long. Excellent book I put it at the top of the list in my library of 75 trading books. A must have for all serious investors/traders.

The book itself is really interesting, however while the fundamentals still hold true, most of the models introduced can not be applied in todays market conditions. The print isn't that good.

This was a more difficult to obtain book as it was printed in the Eighties. Despite being an older book Zweig's investment advice is still relevant. I look forwarding to using it in the future.

Martin Zweig is interested in growth shares rather than value value. Unlike Warren Buffett he is not a 'buy and hold' investor, neither does he believe it is necessary to know anything about a company's business. He only looks at the finances. His rules are simple and well argued.1. Buy rising stocks and sell falling stocks.2. Trade in the direction of the general market.3. Look for a five year history of rising profits - ideally 15-20% per annum4. Look for shares with a P/E ratio below 405. Have a clear action plan of when to sell your shares. Sell losers fast. No exceptions.6. Be aware of market conditions and interest rates.This book was published in 1997 and may be slightly out of date but the principles are timeless. British readers may be bewildered by some of his Americanisms. 'Don't fight the Fed' means watch out for interest rate hikes. 'Don't fight the tape' means don't buy when the indices are falling.This is the kind of book you need to read a couple of times and take notes. It's not a Naked Trader romp through the market. Martin Zweig doesn't do jokes. But he certainly focuses the mind on the key aspects of buying and selling. It is essential to use his advice in conjunction with a powerful website that does all the number crunching for you. There are several good ones - they cost a couple of hundred pounds a year but that is a good investment too.

This book in brief covers important aspects of fundamental and technical analysis. Book is good for those who want to know the trend and eventually ride it.

Quality of paper used in book is very poor raising a suspicion whether the book is genuine or not.