public

Contributor

Brett Villaume, CMT, CAIA

Brett Villaume, CMT, CAIA

Brett Villaume, CMT, CAIA, is Vice President of the CMT Association and has served on the Board of Directors since 2014.  Additionally, Brett is Senior Vice President and Director of Investor Relations of Opus Bank, a regional commercial bank headquartered in Irvine, California, and Adjunct Professor of Technical Analysis at Golden Gate University in San Francisco, California.

From 2004 to 2014, Brett was Vice President and Research Analyst with FIG Partners, a boutique broker-dealer specializing in Bank and Thrift equity investments, where he specialized in fundamental and technical analysis of small- to mid-sized banks in the western region of the US. From 1999 to 2004, Brett was a Research Analyst at Neovest Trading, a trading software development firm and regional broker-dealer, where he authored daily technical analysis commentary and co-managed the firm’s proprietary quantitative stock picking model.

Brett has previously served as Chair of the Atlanta and Northern California chapters of the CMT Association and is currently co-chair of the Los Angeles chapter. Additionally, Brett is a board member of the Technical Securities Analysts Association of San Francisco (TSAA-SF), an IFTA member society. Brett achieved the Chartered Market Technician (CMT) designation in 2005 and the Chartered Alternative Investment Analyst (CAIA) designation in 2012.

Array
(
    [0] => stdClass Object
        (
            [ID] => 57230
            [post_author] => 2
            [post_date] => 2021-02-10 10:30:34
            [post_date_gmt] => 2021-02-10 15:30:34
            [post_content] => This month marks the one-year anniversary of the start of the 2020 market debacle. Think about how far we’ve all come since then: new highs, economic recovery, light at the end of the COVID tunnel and plenty of other things. We mourn for those we’ve lost and look forward to when our daily activities can return to normal.

What the pandemic may have done is accelerate trends in innovation and massive changes in how we work and play. Think about that when you fire up your Sony Betamax and Palm Pilot. Does your computer have a floppy disc drive? It may not even have a CD drive, anymore.

To quote an old French proverb, “the more things change, the more they stay the same.” The point is that the economy is always changing and industries come into and out of favor. So does debt. And hard assets. And entertainment. And travel. And real estate. You get the point. Don’t get stuck on yesterday’s trends. We are likely starting some huge ones now.

This month, we’ve dipped into the archives for a piece written by our own Dr. Julie Dahlquist many years ago. It talks about how there is good information in technical indicators. And, of course, it never hurts that it pokes a little fun at our economist colleagues.

And speaking of archives, there is one more photo from deep in the history of the Association. If you have any photos of seminars, speeches, winter retreats or just at the bar with fellow technicians, please send them along. We lost many great photos when our office in the Twin Towers came down on 9/11.

This month’s member interview is with Association Vice President Brett Villaume. And our president, Scott Richter, addresses how technical analysis helped him and his firm navigate the frothy waters of the recent short squeeze-a-palooza. Also, while a little delayed, this month’s chapter summary from Hong Kong presents the most thorough account of their December speakers. For those of us in an American mindset, the focus was on Asian markets, so consider that a treat.

Top it off with Association news and a link to the second offering in our new podcast series, “Fill the Gap,” and some recognition of recent member award winners across the globe.

Don’t forget, we can always use content. How about exercising your writing chops and sending in something about how you analyze the markets or how the Association has made your professional life better? No forecasts, please.

Michael Kahn, CMT

Editor
            [post_title] => Technically Speaking, February 2021
            [post_excerpt] => 
            [post_status] => publish
            [comment_status] => closed
            [ping_status] => closed
            [post_password] => 
            [post_name] => technically-speaking-february-2021
            [to_ping] => 
            [pinged] => 
            [post_modified] => 2021-02-12 11:54:18
            [post_modified_gmt] => 2021-02-12 16:54:18
            [post_content_filtered] => 
            [post_parent] => 0
            [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=57230
            [menu_order] => 0
            [post_type] => technically_speaking
            [post_mime_type] => 
            [comment_count] => 0
            [meta_id] => 705433
            [post_id] => 57230
            [meta_key] => newsletter_content_5_contributor
            [meta_value] => a:1:{i:0;s:5:"20801";}
        )

    [1] => stdClass Object
        (
            [ID] => 38442
            [post_author] => 2
            [post_date] => 2019-05-15 10:48:24
            [post_date_gmt] => 2019-05-15 14:48:24
            [post_content] => Just when everyone pooh-poohs our beloved “Sell in May” saw, it somehow starts to work. Or maybe it was just that the S&P 500 hit resistance on waning momentum? Hmm. I, for one, do not blame a tweet. And I also don’t expect this series of coincidences to dictate my summer outlook. By the way, as I write this, the Dow is right where it was when it (and the Spoo) scored their golden crosses in late March.

The truth is that the markets have changed since some of our indicators were created or discovered, and we have to change with them.  That’s why it is so important to keep learning. And keep respecting your “stops” on indicators that no longer produce results.

What better place to learn that at the CMT Association annual symposium? This year’s is in the books, but even if you were unable to attend, you’ll be able to get a few insights from the presenters. We’ve got summaries of several of them in this newsletter edition.

If you were there and took notes, we’d love to get a few paragraphs of individual presentations or the seminar as a whole. Send them to me at editor@cmtassociation.org.

Also in this issue is our series of member interviews, this month with John Kosar, CMT, of Asbury Research. Joyce and Dr. Daniel Miller are back with part two of their series on copyrights. This is an important topic for any of us that publish any works, from books to reports to blogs.

We also pay tribute to long-time member Stephen Cox, CMT, who passed away this month. He was instrumental in establishing the Dow Award.

And, of course, we’ve got some member news, from new CMTs to available resources.

- Michael Kahn, Editor
            [post_title] => Technically Speaking, May 2019
            [post_excerpt] => 
            [post_status] => publish
            [comment_status] => closed
            [ping_status] => closed
            [post_password] => 
            [post_name] => technically-speaking-may-2019
            [to_ping] => 
            [pinged] => 
            [post_modified] => 2020-08-03 11:15:10
            [post_modified_gmt] => 2020-08-03 15:15:10
            [post_content_filtered] => 
            [post_parent] => 0
            [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=38442
            [menu_order] => 0
            [post_type] => technically_speaking
            [post_mime_type] => 
            [comment_count] => 0
            [meta_id] => 275939
            [post_id] => 38442
            [meta_key] => newsletter_content_3_contributor
            [meta_value] => a:1:{i:0;s:5:"20801";}
        )

    [2] => stdClass Object
        (
            [ID] => 45792
            [post_author] => 2
            [post_date] => 2013-09-15 12:00:06
            [post_date_gmt] => 2013-09-15 16:00:06
            [post_content] => 

LETTER FROM THE EDITOR

Traders around the world are reacting to what they think the Federal Reserve might do in the coming months. Fed officials have repeatedly tried to calm the markets by explaining they have no firm plans for managing the end of their latest Quantitative Easing initiative. For some reason, traders seem to be nervous about assurances. No one really seems to know what will happen next. In this month’s newsletter, we have the insights of technicians from around the world. We are able to feature assessments of markets in the U.S., Canada, and the Philippines. We also have several charts showing the recent activity in India. Hopefully in the future we can provide analysis of markets in other countries. There are now MTA Members in 85 countries. We have no way of knowing where the next global hot spot will be but we can be fairly certain an MTA member will be providing analysis on that market. If you prepare reports on some of the less widely covered markets, or on the more popular markets, please consider them sharing them with the MTA through Technically Speaking. You can email us at editor@mta.org. Michael Carr [post_title] => Technically Speaking, September 2013 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-september-2013 [to_ping] => [pinged] => [post_modified] => 2020-08-03 11:34:19 [post_modified_gmt] => 2020-08-03 15:34:19 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=45792 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 388589 [post_id] => 45792 [meta_key] => newsletter_content_1_contributor [meta_value] => a:2:{i:0;s:5:"20801";i:1;s:5:"43131";} ) [3] => stdClass Object ( [ID] => 46322 [post_author] => 2 [post_date] => 2012-11-15 12:00:35 [post_date_gmt] => 2012-11-15 17:00:35 [post_content] =>

LETTER FROM THE EDITOR

This edition of Technically Speaking consists almost entirely of ideas discussed in Seattle at the recent MTA Regional Seminar. I did not attend the Seminar hoping to find these ideas but all MTA events result in a large number of ideas for me.  The speakers are always thought-provoking and discussions with participants who travel to the events are equally inspiring. In the end, I always find more ideas than I have time to test or write about. Meetings of the MTA have been serving this purpose for years. As the number of members increased, the MTA adopted technology to bring the benefits of meetings to members around the world. Blogs and discussions forums on the MTA web site are offering me an increasing number of trading ideas and increasing networking opportunities. The MTA will certainly keep improving the opportunities for members to interact, but there is no way anyone can improve the quality of the interactions among market professionals that have defined the organization for nearly 40 years. I encourage everyone to take advantage of the opportunity to gain insight, discover new techniques and celebrate with the global technical community at the 2013 MTA Annual Symposium in New York on April 4 &5, 2013. For complete information please visit https://symposium.mta.org. Please send any comments you have about our newsletter to editor@mta.org. Sincerely, Michael Carr [post_title] => Technically Speaking, November 2012 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-november-2012 [to_ping] => [pinged] => [post_modified] => 2020-08-03 11:34:38 [post_modified_gmt] => 2020-08-03 15:34:38 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=46322 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 396520 [post_id] => 46322 [meta_key] => newsletter_content_0_contributor [meta_value] => a:1:{i:0;s:5:"20801";} ) [4] => stdClass Object ( [ID] => 48706 [post_author] => 2 [post_date] => 2007-03-15 12:00:09 [post_date_gmt] => 2007-03-15 16:00:09 [post_content] =>

From the Executive’s Desk

The primary objective of any successful Association is to ensure its membership receives value. The MTA is off to an excellent start in 2007 to providing that value. Over the course of the last month, the MTA has provided free seminars to its membership on the following topics: In addition, through a combination of collaborative agreements with trade publishers, additional MTA purchases and ongoing donations from Members, we have considerably added to the depth and current nature of our library material. See some of the new additions in this publication or check in the library section of our MTA.org website. And, of course, we continue to provide local chapter meetings (with an increasing number on our website, our annual Journal and our monthly Newletters. In this publication you will see information from 3 MTA Presidents - Current President Phil Roth, CMT, Former President Ralph Acampora, CMT, and Former President Phil Erlanger, CMT. Finally, we are in the process of planning for the May Annual Education Seminar, which will take place on May 18-19th in NYC. We are planning an Education Track and Advanced Lecture Track, a market forecast panel, etc. with some of the industry’s most notable speakers. Be on the lookout for information regarding this seminar and please join us. I am confident it will be a worthwhile event for all who attend. Sincerely, Tom Silveri MTA Executive Director [post_title] => Technically Speaking, March 2007 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-march-2007 [to_ping] => [pinged] => [post_modified] => 2020-03-26 19:26:49 [post_modified_gmt] => 2020-03-26 23:26:49 [post_content_filtered] => [post_parent] => 0 [guid] => https://cmtassociation.org/?post_type=technically_speaking&p=48706 [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 443679 [post_id] => 48706 [meta_key] => newsletter_content_0_contributor [meta_value] => a:1:{i:0;s:5:"20801";} ) )

Contributions