Michael Oliver has been studying markets for over four decades but it was the 1987 stock market crash that became his “aha!” moment and converted him to what he calls “momentum structural analysis.” It was his early work in the area that prepared him for that massive decline in stock prices and the success of its forecasting ability that gave him the confidence to pursue it full time. Many technical analysts like to say, “price is truth,” but to Michael price can be deceiving and it’s only by isolating the momentum in the market that reveals the truth about the underlying trend. In this episode, Michael shares the details of his unique research and analysis process and discusses how his foundation in political philosophy ended up leading him to it. He also reveals what it says about the current market and economic environment and how it eerily rhymes with some earlier times in his career.
- Visit Michael’s website: Momentum Structural Analysis
- Learn more about Michael’s methodology: Momentum 101 & Momentum 102
- Follow MSA on Twitter: @Oliver_MSA
- Get Michael’s book: The New Libertarianism: Anarcho-Capitalism
Other links related to this episode:
- Ayn Rand’s The Fountainhead & Atlas Shrugged
- Murray Rothbard’s The Anatomy of the State & History of Money and Banking in the United States
- Edwards & Magee’s Technical Analysis of Stock Trends
MSA’s 36-month momentum chart of the S&P 500: