John Murphy (technical analyst)

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For other people named John Murphy, see John Murphy (disambiguation).

John J. Murphy is an American financial market analyst, and is considered the father of inter-market technical analysis.[1] He has authored several books including Technical Analysis of the Futures Markets.[citation needed] He later revised and broadened this book into Technical Analysis of the Financial Markets.[2]


After having graduated in the late 1960s with a liberal art degree, Murphy searched for a position in a Wall Street firm. His first job was with CIT Financial Corporation where he worked as an assistant to the portfolio manager and charted stocks. In the early 1970s he worked for Merrill Lynch in their commodity department where he, later on, was promoted to the post of Director of Technical Analysis. In the 1980s, Murphy started off on his own working as a consultant and teaching evening courses at the New York Institute of Finance. During his time as a teacher he also wrote his very first book named Technical Analysis of the Futures Markets.[3]

Technical Analysis of the Futures Markets is regarded as the standard reference of technical analysis and is still popular today.[4] Intermarket Analysis: Profiting From Global Market Relationships is a primary source for the Market Technicians Association Chartered Market Technician Level 3 exam.[5]

He emphasizes the use of exchange-traded funds (ETFs) to implement asset allocation and sector rotation strategies as well as global trading. He is Chief Technical Analyst, at[6][7] His investment opinion has appeared in Barron's.[8]

He has appeared on Bloomberg TV,[9] CNN Moneyline, Nightly Business Report,[10] Wall Street Week with Louis Rukeyser[1] and 7 years on CNBC.[2][11]


  • 1992 outstanding contribution to global technical analysis by the International Federation of Technical Analysts.[12]
  • 2002 Market Technicians Association Annual Award.[13]



  1. ^ a b "John Murphy, Transcription, 03/15/03 | Financial Sense Newshour". 2003-03-15. Retrieved 2012-05-25. 
  2. ^ a b "John Murphy to MC Vegas Money Show", Business Wire, June 2 1999
  3. ^ Chris Wilkinson (1997): Technically Speaking - Tips and Strategies from 16 Top Analysts
  4. ^ "John Murphy, Chip Anderson, and". Retrieved 2012-05-25. 
  5. ^ "Investment Analyst Professionals - Chartered Market Technicians". MTA. Retrieved 2012-05-25. 
  6. ^ "John Murphy's Ten Laws of Technical Trading - ChartSchool". Retrieved 2012-05-25. 
  7. ^ "About John Murphy - Support". Retrieved 2012-05-25. 
  8. ^ "DJ Barron's(12/13) Market Watch: A Sampling Of Advisory Opinion. | HighBeam Business: Arrive Prepared". 2004-12-11. Retrieved 2012-05-25. 
  9. ^ "John Murphy, Tom DeMark Discuss Currency Trading, Market: Panel". Bloomberg. Retrieved 2012-05-25. 
  10. ^ More Shorts. "Nightly Business Report | Watch Online | PBS Video". Retrieved 2012-05-25. 
  11. ^ Louis B. Mendelsohn (1994-04-22). "Market Technologies - A Conversation with John Murphy, CNBC Technical Analyst and Lou Mendelsohn, President Market Technologies". Retrieved 2012-05-25. 
  12. ^ "DJU Faculty Bios". Retrieved 2012-05-25. 
  13. ^ "Investment Analyst Professionals - Chartered Market Technicians". MTA. Retrieved 2012-05-25.