Joseph E. Granville Quotes


Peace is bearish.


Context

Commenting in his stock market newsletter advising clients:


Citations

Joseph E. Granville, Stock Market Analyst, The Granville Market Letter, Quoted in The Wall Street Journal, December 18, 1989

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

Joseph E. Granville
Joseph E. Granville
  • Born: August 20, 1923
  • Died: September 7, 2013
  • Nationality:
  • Profession: Writer, Analyst

Joseph Ensign Granville, often called Joe Granville, was a financial writer and investment seminar speaker. He is most famous for inventing and developing the concept of "On-balance volume (OBV)". Granville argued that when volume increases sharply without a significant change in a stock's price, the price will eventually increase rapidly, and vice versa. On balance volume is thus one tool of technical analysis that attempts to predict future prices of stocks, commodities, and other financial assets traded on financial markets for which historical price and volume information is available.