They say March comes in like a lion and goes out like a lamb. Well, 2018 came in like a lion and seems to have gone out like a lion, too. Check out this chart of the Dow’s daily true range going back to early 2016. Something is clearly different in 2018.
If there is one thing we can say about the markets, it’s that they’re like a box of chocolates. Okay – Forrest Gump, CMT, might have said that.
As we reach our stride with the new newsletter format, we still need your feedback. What do you like? What would you like to see? Drop us a line at editor@CMTAssociation.org. And we could still use some volunteers to help with book, software and seminar reviews.
This month’s member interview is with two-time former past President Bruce Kamich. We’ve got the third, and final, installment of the reboot of Mark Eidem, CMT, CFA’s series on “Lessons from Dead Pilots,” again, which gives a fascinating comparison with traders.
And I did an interview with David Aferiat with a look at how TradeIdeas sees artificial intelligence coming to money management and trading. Don’t worry, you won’t be replaced (at least not yet).
Of course, there is plenty of Association and chapter news, plus a review by Tyler Wood of the recent ETF Global Conference.
Hope your holidays were relaxing, and may your New Year be your best yet!
Michael Kahn, CMT