Joe Granville (1923–2013,) fully Joseph Ensign Granville, was an American investor, analyst, financial writer, and investment seminar speaker. Granville published a popular financial newsletter called The Granville Market Letter 1963–2013 and frequently appeared on CNBC and other television channels.
Granville pioneered the concept of “On-balance volume (OBV,)” the notion that, when a stock’s traded volume increases sharply without a substantial change in the stock’s price, the price will eventually increase rapidly, and vice versa. A dominant parameter in technical analysis of stocks, commodities, and other financial assets, trading volume is used to predict future prices of the financial assets.
Granville is best known for his bearish market calls during the 1970s, 1980s, and 1990s; his claims that the stock market was headed for imminent collapse triggered significant moves in the stock markets.
Granville authored New Strategy of Daily Stock Market Timing for Maximum Profit (1976.)
More: Wikipedia • READ: Works by Joseph Granville
What is, is; and what ain’t, ain’t
—Joseph Granville
Topics: Truth
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