STOCK MARKETS ECONOMY

Identify the most important determinants of share prices
Use the business cycle to make forecasts of the share market
Define an industry
Apply the industry life cycle in order to analyse industries
Describe the qualitative factors influencing the analysis of an industry
Distinguish between the different types of industries
Identify the roles of the balance sheet and income statement with regard to company analysis
Explain the problem with reported earnings for the fundamental analyst
Identify the effect of earnings surprises on share prices
Use the P/E ratio in the investment decision process
Define all the concepts required for bond valuation
Passive and active management strategies applicable to bond portfolios
Interpret technical analysis
Distinguish between the market-related, price-related and volume-related technical instruments signals.