As I watch the NCAA March Madness Basketball Tournament, I’m struck by the composition of the Final Four teams.  They are solid TEAMS! They are not just teams where ONE superstar is carrying everyone else. That only goes so far. Teams are so ultra-competitive today – even if a team has a dominating player (i.e., Zion Williamson for Duke) – they can still lose the championship with their superstar! So, goodbye to Duke, goodbye to Gonzaga, goodbye to Carolina and all the other teams with superstar players. Robust teams are winning; robust teams win championships. What does that have to do with me, you ask? You’re off topic. Well, no, not if you think about it more deeply. Like the NCAA Basketball Championship, we find ourselves in a very competitive “financial markets” environment. There’s a lot of pressure to perform and meet mandates for institutions, high net worth investors and clients. The bar is

We would like to acknowledge once again the award winners at this this year’s gathering: Charles H. Dow Award to Christopher Diodato, CMT, CFA, for his paper Making the Most of Panic – Exploring the Value Of Combining Price & Supply/Demand Indicators.  The paper has been recognized for its holistic approach to combining indicators and time frames to identify periods of market panic. Service Award to Mark Cremonie, CMT, CFA, for selfless service to the CMT Program Curriculum and Test Committee. As a colleague and mentor, he has been instrumental in propelling the CMT Program forward. Memorial Award to Paul Desmond in honor of his long service to the profession of technical analysis in general and to the CMT Association in particular.  As CMT Association President, he guided the Association through its transition to a more business-like organization.  As head of Lowry’s Research, he continued and expanded one of the most respected and

What do you do professionally? I am currently head analyst at Lowry Research, the oldest continually operating technical research company in the U.S. How did you get there? After serving in the U.S. Air Force and a few years in graduate school, I started working as a broker in 1979 with Thomson McKinnon Securities in Richmond, Va. During my first year I decided to begin working toward the CFA designation.  Using the S&P Stock Guide, I started looking for stocks that met the fundamental criteria for value. I went through the resulting list of stocks looking for the one that appeared to offer the best value, which I then bought – and proceeded to watch it go down.  I figured I must have done something wrong so went back to drawing board and picked another stock – and watched it go down.  At that point, I went to one of the top producing brokers

Some of our most enduring relationships too are built on the sports field, and some of our fondest memories are from our times at play. This is what inspired the Mumbai Chapter of the CMT Association to adopt “Sports” as a theme for the first quarter of 2019. The chapter organized two initiatives. The February Chapter Meeting: Sports in Technical Analysis The Relevance: The brand value of the 10-year old Indian Premier League has now touched $5.3 billion, making it the largest cricket league in the world. This growth has also led to private sports leagues in Soccer, Hockey, Badminton and other sports. These leagues represent opportunities for not only developing sporting talent, but also investment in India. The Event: The chapter hosted its event at the St Andrew’s Turf Park, Bandra, Mumbai, a popular venue for soccer and cricket enthusiasts. Vishal Mehta, CMT, Co-chair of the India chapter the speakers at the

Members on the Move The CMT Association would like to congratulate the following members on their new positions:  John Parmigiani, CMT, Small Firm Representative on the National Adjudicatory Council at FINRA Benny Ng, CPA, CA, CMT, Senior Manager at KDB Bank David Keller, CMT, Senior Technical Analyst at StockCharts.com, Inc. CA Mukesh Baheti, SME at HSBC Securities Services CMT News On the day of your exam, plan to arrive 30 minutes before the scheduled appointment to allow for check-in procedures. Take along a copy of the confirmation of your scheduled exam from the Prometric website as it contains date, time and address of the test center; you will also need a valid form of ID.  Acceptable forms of primary identification include a valid passport, driver’s license (with signature), employee ID card (with photograph) and state ID card.  Candidates from Egypt, Vietnam and India and those taking the exam outside their country of citizenship, must present a valid passport. If you