Interview: Jeffrey Hirsch on Seasons, Cycles, and Super Booms by Jayanthi Gopalakrishnan
Jeffrey A. Hirsch is editor-in-chief of Stock Trader’s Almanac (stocktradersalmanac.com), Seasonal Sector Trades, and Almanac Investor eNewsletter. He is author of The Little Book Of Stock Market Cycles and Super Boom: Why The Dow Will Hit 38,820 And How You Can Profit From It. A 25-year Wall Street veteran, he took over from founder and father Yale Hirsch in 2001 to become president of the Hirsch Organization. Jeffrey Hirsch is a Yahoo! Finance contributor and appears regularly on CNBC, Bloomberg, Fox Business, and other financial media.
STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan spoke with Jeffrey Hirsch by phone on July 8, 2014 about using cycles as a guide when trading.
Let’s talk about the Stock Trader’s Almanac. It’s been around for a long time, even longer than our magazine has been. What was the idea behind publishing it?
My father, Yale Hirsch, started the Stock Trader’s Almanac. Actually, he started doing the compilation and research for it just before I was born. He had been publishing the Indicator Digest back in the early 1960s with his older cousin, my godfather, Sam Coslow, who had a career in the movie and song-writing business prior to getting involved in the financial markets. Coslow wanted to take all the market indicators that were out there and put them all in a service that can be useful to those who invest in the markets. He ran an ad in Barron’s and it was successful. He called on my father, who was working with Sam in the song-writing business at the time, to run the operations.