Thanks to the constraints of newsletter publishing and the lack of time travel resources available, this edition of Technically Speaking was put to bed before the festivities of the 46th Annual Symposium, earlier this month. While we could not magically forecast what the speakers would say, rest assured we will have plenty of information and reviews in the next edition. If you haven’t taken the post-Symposium survey yet, you can do that here.
The funny thing about time is that this time is never different. While we usually apply that to analysis and the behavior of crowds, we are still applying it to the news of the day. Brexit was supposed to happen March 29, but it was delayed and still they argue over what it will look like. Trade with China is still up in the air. The Mueller report is finally out, and while we don’t know all the details inside, everyone still clings to their previous views.
What else is not different? Headlines! The three-month Treasury yield ticked above the 10-year yield and suddenly the media was in a panic over the curve inversion. Funny, the 2-year is still below the 10-year and that seems more important to me, especially now that the Fed said it’s done raising rates for now.
All of that hides the fact that the domestic stock market continued to claw its way back towards last year’s highs. That’s pretty good for a geriatric bull market, yes? If you want to argue whether the bull started in 2008 or 2015 or some resistance breakout, be my guest. We don’t get paid to label things, only to make money.
Vincent Randazzo, CMT, from Lowry’s returns with another article and one indication why the current rally is not done yet.
And on a more mundane, although really important, topic, George Schade, CMT, introduced us to publishing and copyright specialists Joyce and Daniel Miller. The Millers offer part one in a series of articles walking us through the details of staying on the right side of the law. Whether you write books, newsletters or just post to your blog, this is important stuff to know.
I’ve found another of my vintage articles, explaining how to be a good interviewee on financial TV. This is a loose part 2 to last month’s article talking about dealing with the media. If you want to get invited back for another round of talks, you need to know this stuff.
And this month’s member interview is with Richard Dickson, also from Lowry’s. One more in a long, long, long list of professionals who started with the analysis herd and then saw the light that is technical analysis.
We also have a brief recap of those who received Association honors at the Symposium. They are listed within. And finally, we’ll top this edition off with the usual news about the goings on around the Association.
President's Letter: Making it to Your “Final Four” – Be A Complete Trader/Investor with a Robust Skill Setby Scott G. Richter, CMT, CFA, CHP
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...
Powerful Short Duration Expansions in Lowry’s Short-Term Indexby Vincent M. Randazzo, CMT
Lowry’s Short-Term Index is our proprietary short-term measure of investors’ demand for equities. Typically this indicator oscillates between 60 and the low 90s. While readings of 60 or below are...
46th Annual Symposium Honoreesby Michael Kahn, CMT
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...
Copyright Basics, Part 1by Joyce L. Miller & Dr. C. Daniel Miller
Both in my writing projects and with the Educational Foundation’s Library, I have come across the importance of knowing about copyrights. We are still learning about copyrights in electronic...
Member Interview: Richard Dicksonby Richard A. Dickson
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....
How to be a Good Intervieweeby Michael Kahn, CMT
This is the second part of a loose series on how to write for and deal with the media. It was adapted from its previous appearance in Technically Speaking many years ago. As technical analysts...
Mumbai Chapter Update: Sports in Technical Analysisby Joel Pannikot
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...
Minnesota Chapter Meeting Recapby Kyle Lottman, CFA, CPA
Twenty technicians met at the Rock Bottom Restaurant and Brewery to hear Kenneth Tower, CMT, from Quantitative Analysis Service, Inc. speak on March 19, 2019. The title for the presentation was...
Membership Newsby Marie Penza
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...
New Educational Content This Month
September 16, 2021
CMT Program Informational Session
Presenter(s): Stanley Dash, CMT, Tyler Wood
August 19, 2021
Volume Analysis Series (Part 2): Profiting from Trends
Presenter(s): Buff Dormeier, CMT
July 17, 2021
Popular Indicators Redefined – India Chapter Meeting
Presenter(s): Brijesh Bhatia, Joel Pannikot, Kusal Kansara