From the Editor’s Desk
In this issue, Jim Balchunas, CMT, provides an excellent example of technical analysis. He has applied classical techniques to develop actionable trading plans for long-term investors. This is an excellent example of the type of work we wish we could publish more of in Technically Speaking. Unfortunately, we rarely receive such insightful analysis to consider for publication.
This is your newsletter, and its success is very much dependant upon the membership for content. Book reviews, software reviews and market analysis are always welcome. Many of you produce short pieces as part of your job – please consider submitting them for publication here after your clients have seen them. For those seeking employment in the field, being published here is valuable input on a resume. And for those with their own firms, being featured in a professional publication is something that might just impress a potential client.
The focus of this newsletter is also on MTA business, and this month that business is largely the upcoming Education Seminar. As John Kosar points out in this issue, the seminar has long been mix of technical analysis and camaraderie. If you’re still considering whether or not to attend, any prior attendee could tell you that it is well worth the time.
Hope to see you there.
Mike Carr, CMT
Technically Speaking Editor
The Interest is Growingby Jordan Kotick, CMT
Fresh on the heels of our successful decisions from the SROs, I have received a substantial increase in inquiries. The majority of the calls and emails have been regarding the CMT designation, its...
IFTA Updateby John R. Kirby
Over the last year your MTA has been working diligently to work out a solution with regard to the competition between the CMT and the DITA. Perhaps now is an appropriate time to let you know the...
Stock Indices - Different Challenges and a New OBV Highby James V. Balchunas, CMT
NASDAQ Composite The important story to us is volume on the NASDAQ and its pattern on the monthly chart compared to the index in 2004 as well as 2003. In 2003, as the index moved higher volume...
Member Profiles: Vice President John Kosar
John Kosar, CMT, is Vice President of the MTA and recently founded his own research firm, Asbury Research, LLC. John feels the purpose of the MTA is simply to create good jobs for its members in the...
Intermarket Analysis: The Fundamental Relationship Underlying Stocks and Interest Rates
The article below is extracted from “Inflation is Always and Everywhere a Monetary Phenomenon” by Myles Zyblock, CFA – Chief Institutional Strategist & Director of Capital Markets Research...
Jordan Kotick, CMT
John R. Kirby
James V. Balchunas, CMT
Jim provides independent analyses of the financial markets including U.S. stocks, Exchange Traded Funds (ETFs) and Futures at
New Educational Content This Month
June 7, 2023
The 5% Canary
Presenter(s): Andrew Thrasher, CMT
May 24, 2023
The Four P’s of Investing
Presenter(s): David Lundgren, CMT, CFA
May 17, 2023
Using Technical Analysis to Develop Options Trade Ideas
Presenter(s): Greg Harmon, CMT