Timothy Hayes, CMT

Timothy Hayes, CMT

Timothy Hayes, CMT, is NDR’s Chief Global Investment Strategist. He has been with the firm since 1986. Tim directs NDR’s global asset allocation services, develops strategy and major investment themes, and establishes NDR’s weightings for global asset allocation, presenting his views on the cyclical and secular outlook globally.

Tim’s recommendations, strategies, and timely market commentaries and studies are featured in Global Strategy publications, which focus on global allocation and the most significant global developments.

Tim has been featured many times on CNBC and Bloomberg TV, and his market views are often quoted in The Wall Street Journal and other financial media in the U.S. and internationally. He is author of The Research-Driven Investor, published in November 2000, and he has contributed to several other books. His research articles have appeared in the Journal of Technical AnalysisTechnical Analysis of Stocks and Commodities, and other publications.

Tim received his Bachelor of Arts degree from Kenyon College, and he is a Chartered Market Technician. In 2008, the Investorside Research Association honored Tim with its Research Excellence Award for “Exiting Equities in ‘07.” In 1996, the Market Technicians Association awarded Tim the Charles H. Dow Award for groundbreaking research, recognizing an outstanding original work that best expounds on the principles of technical analysis.

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            [post_content] => Spring has sprung in the northern climes, and as we start to return to more normal activities the stock market is still taking mighty gulps at the liquidity punchbowl provided by forever low interest rates and lots of government spending. How long can the market keep this up? That is for you and your charts to figure out. The real question, is how can we stay on top of things as they develop?

Last year, COVID stole our Annual Symposium but this year we are getting together virtually. Last autumn's India Summit kicked things off, and at the end of this month, we will have the Americas Summit. I know it is short notice in this newsletter, but since it is online, there are no travel needs, hotels, cabs, or taking off from work. See the announcement below.

This month, we acknowledge this year’s Charles H. Dow Award winner Makenna Barbara with a brief summary of the paper and this month’s interview. We also look back in Association history to the first discussions on getting the CMT designation the respect it deserves and the Series 86 Exemption for technicians. This was a very big deal. CMT co-founder Ralph Acampora takes us back to those discussions in 2004.

We’ve also got the CMT Annual Meeting coming up with elections for new officers and Board members. Association President Scott Richter sets that up in his monthly letter, and the full meeting agenda is published later in this edition.

Don’t forget Association goings-on and this month’s podcast episode featuring Jeff DeGraaf.

Also, we still want your old photos of seminars, meetings and even the old favorite annual seminars at the beach. Got a book to recommend? A new charting software package? We could use a volunteer to write an occasional book or software review, too.

Until next month!

Michael Kahn, CMT

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From the Editor

Well, October certainly lived up to its spooky and quite volatile reputation. From leading momo tech stocks tanking to multiple multi-percentage point intraday moves everywhere else, I am sure antacid makers made a tidy profit. Of course, coffee, sugar and crude oil had their own action and did you see palladium’s all-time high? This is my second edition of the new Technically Speaking and once again I must ask for volunteers to help us deliver a well-rounded offering with: Drop us a line at We welcome everyone, including newly minted members. In this edition, we offer another of our member interviews with Phil Roth, CMT, a legend in the field and one of the most generous members with his time. And if I have not hit you over the head enough about getting involved, I’m re-running a piece I did a while ago called “Thoughts on Volunteering.” We also have part 2 in a series that ran back in the 1990s called “Lessons from Dead Pilots,” written by Mark Eidem CMT, CFA, which gives a fascinating comparison with traders. And a report from Clint Sorenson, CMT, CFA on how an investment advisor incorporates technical analysis into an otherwise fundamentally-driven business. Rounding it all out will be news from around the association – chapters, strategy, CMT news and events. Michael Kahn, CMT [post_title] => Technically Speaking, November 2018 [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => technically-speaking-november-2018 [to_ping] => [pinged] => [post_modified] => 2020-08-03 11:17:42 [post_modified_gmt] => 2020-08-03 15:17:42 [post_content_filtered] => [post_parent] => 0 [guid] => [menu_order] => 0 [post_type] => technically_speaking [post_mime_type] => [comment_count] => 0 [meta_id] => 239026 [post_id] => 35979 [meta_key] => newsletter_content_11_contributor [meta_value] => a:1:{i:0;s:5:"35993";} ) )