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Market Myths and Mathematical Realities — cover by Saqlain Mushtaq
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Market Myths and Mathematical Realities

A Quantitative Analysis of Unscientific Trading Indicators

Luigi Pascal Rondanini

Wall Street loves a good omen. Almost every one of them is noise. This book puts the market’s best-loved indicators on the dissection table and runs the numbers the way they should have been run all along. Some collapse at the first significance test. A stubborn few survive. None deliver the easy money their believers promise.

282 Pages
19 Chapters
7 Parts
8 Sep 2026

Publication 8 September 2026 (print & retail Kindle) — ARC ebook £9.99 available now · Paperback £19.99 · Hardcover £35

Pricing

The ARC (Advance Reader Copy) is on sale now — pay today, download immediately. You do not wait until September. The retail Kindle edition on Amazon and print editions are pre-orders for publication 8 September 2026 (Kindle is charged at release, per Amazon).

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Advance Reader Copy (not for resale) · ISBN 978-1-9181770-6-0

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Print hardcover · ISBN 978-1-918177-31-2 · ships from 8 September 2026

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Market Myths back cover — Separates the signals that survive the math from the superstitions that don't

The indicators on trial

Rigorous enough for the quant, readable enough for the curious investor — a field guide to telling signal from superstition.

Super Bowl Indicator Hemline Index Swimsuit Issue Hindenburg Omen January Effect Presidential Cycle Sell in May Financial Astrology Lunar Cycle Trading Mercury Retrograde Santa Claus Rally Magazine Cover Day of the Week Effect

Contents

  1. Preface
  2. How I Fell Down the Rabbit Hole
  3. Part I — Foundations
  4. Introduction — Why Smart People Believe Dumb Things
  5. The Statistical Toolkit
  6. Part II — Pure Superstition
  7. The Super Bowl Indicator
  8. The Hemline Indicator
  9. The Sports Illustrated Swimsuit Issue Indicator
  10. The Hindenburg Omen
  11. Part III — Calendar Effects
  12. The January Effect
  13. The January Barometer
  14. The Presidential Election Cycle
  15. Part IV — The One That Works
  16. Sell in May and Go Away — The Halloween Indicator
  17. Part V — Astrology and Lunar Cycles
  18. Financial Astrology
  19. Lunar Cycle Trading
  20. Mercury Retrograde
  21. Part VI — Sentiment and Contrarian Indicators
  22. The Santa Claus Rally
  23. The Magazine Cover Indicator
  24. The Day of the Week Effect
  25. Part VII — Understanding and Evaluating Indicators
  26. Why Market Myths Persist
  27. How to Evaluate Any New Indicator — A Practical Framework
  28. The Limits of Prediction

Paperback & hardcover pre-order

Use this form for print pre-orders only (paperback £19.99 · hardcover £35) — publication 8 September 2026. For the ebook today: buy the ARC now (instant download, no wait) or pre-order Kindle on Amazon (release 8 September 2026).

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Ebook today? Buy ARC now — instant download (£9.99) or pre-order Kindle for 8 September 2026. Questions? Info@rondanini.com · Also see FX Cash Products and FX Options: Pricing, Hedging, Exotics, Risk and Institutional Practice.

About the author

Luigi Pascal Rondanini is a treasury consultant and writer who brings statistical rigor to the folklore of financial markets. He is the founder of Rondanini Publishing and the Architect Method Editions. Cover design by Saqlain Mushtaq.

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