This new stock market trading rule uses three steps to remove random unsystemic risk from stock price data to smooth volatility. Proving empirically that a technical analysis relative maxima and minima trading rule for an S&P 500 Index portfolio substantially beats a naïve buy-and-hold policy,...

Evidence shows that the economic assumption of efficient “free markets”—which underpins the “market versus state” debate—is questionable. Market efficiency is a significant foundation theory for neoliberal economists. Prove it wrong, and the neoliberals’ philosophy of market based...