Letter from the Editor
November proved to be an interesting month for the markets. Just before the market burped up a post-Thanksgiving 2% pullback, the Russell 2000 finally broke out from its 2019 range. False hope? Recession time? Once again, the sloth (look it up) of bearish economists was out with the utterly useless prediction that a recession was coming by the end of 2021. Thanks for the heads up, fellas. Have you seen a price chart?
I keep a collection of equally dim-witted headlines. Last month’s favorite was “Don’t Time the Market, but If You Do, Here’s When the Bear Might Come Knocking.”
Do as I say, not as I do.
Gold is still correcting, Oil showed a little stealthy increase, the dollar looks a little shaky and apparently Europe is still so bad that the ECB is dipping back in the QE well…Because it worked so well the last time. Again, have they ever seen a price chart?
This month in Technically Speaking, we’ve got part three of Bruno DiGiorgi’s History of Wall Street, and George Schade, CMT, continues the history theme with a story about preserving the technical analysis of legend Edmund W. Tabell.
This month’s member interview is with Stanley Dash, Program Director of the CMT program and a well-established technician in his own right. You may know him as a technical educator at TradeStation, where he spread the gospel.
New York, Minnesota and Richmond chapters weigh in with reviews of their recent speakers. Hey other chapters who are not Northern Ohio and Chicago, can you help a TA brother out with reviews of your own?
In addition to all this, you can find Association news, congrats to new CMTs and another job posting all inside.
If you’ve got a book out, let us know so we can tell everyone. Also, if you are hiring technicians, we can post that here.
And one more time, I ask members to submit articles they’ve written (not forecasts but methods) or write something new to share your knowledge with the group. If you are new, this is a great way to develop your chops as an analyst and a writer.
Yes, I am begging for content! It’s your Association. Get involved.
To all, a joyous and profitable end of the year. See you back here in 2020.
Michael Kahn, CMT
The 47th Annual CMT Association Symposium 2020by Tyler Wood, CMT
With the 47th Annual Symposium approaching, and the early registration pricing deadline looming on Wednesday the 18th, we’ve compiled a few highlights from previous interviews with longtime members...
President's Letterby Scott G. Richter, CMT, CFA, CHP
CMT Indian Summit – Success! I would like to congratulate our Indian Office for a successful 2019 Summit! There were so many positives: Over 200 attendees Top Technical Analysis speakers and...
Inspiration for Posterity - Preserving the Rich History of Technical Analysisby George A. Schade, Jr., CMT
Recently, longtime CMTA member Ken Tower introduced a group of us to the website http://tabellmarketletter.com. The pages contain a treasure trove of historical materials and exemplify what market...
New York Chapter Speaker Summaryby Tom Bruni, CMT
On Wednesday, November 20th the New York Chapter hosted Gina Martin Adams, CMT, Chief Equity Strategist and Director of Global Equity Strategy, ETF and ESG Research at Bloomberg Intelligence. Her...
Member Interview – Stanley Dashby Stanley Dash, CMT
Please tell us what you do professionally. I currently serve as Program Director of the CMT program here at the CMT Association. The curriculum and the exams fall under my purview. Of course, I...
Richmond Chapter Speaker Reviewby J. Cody Tafel, CMT, CAIA
Katie Stockton, CMT, founder and managing partner of Fairlead Strategies, presented to the Richmond CMT Association Chapter and the University of Richmond Technical Analysis class on November 20,...
The History of Wall Streetby Bruno DiGiorgi
This is the third installment of a rerun of a periodic series chronicling the history of the street. The series originally ran in Technically Speaking beginning in September 2000. Here is the first...
Minnesota Chapter Speaker Reviewby Jamie Keelin, MBA, CMT
The Minnesota CMT Chapter’s November meeting featured Harry J. Campbell III of LayLine Asset Management, Inc. Harry started his career at Kerber Financial, continued at Dougherty &...
Members in the Mediaby Perry J. Kaufman
The sixth edition of Perry Kaufman’s Trading Systems and Methods was published by Wiley in November. This book, which has been used as a definitive reference on trading systems for more than 30...
Job Postingby Marianna Tessello
Financial Market Newsletters Writers/Analysts True Market Insiders We are a publisher of subscription-based online financial market research articles, hiring market analysis writers for our growing...
Membership Newsby Marie Penza
Members on the Move The CMT Association would like to congratulate the following members on their new positions: Robert Varghese, CMT, EVP, Portfolio Strategy & Management at Banyan Investment...
Tyler Wood, CMT
Tyler Wood serves as Managing Director of CMT Association with the aim of elevating investors’ mastery and skill in mitigating market risk and maximizing return in capital markets through a rigorous credentialing process, professional ethics, and continuous education. He...
Scott G. Richter, CMT, CFA, CHP
Scott Richter, CMT, CFA, CHP is a senior portfolio manager for Westfield, which manages over $4B in AUM. He is the lead portfolio manager for alternative assets and is also responsible for investments in the energy and utility sectors. He was formerly the co-manager...
George A. Schade, Jr., CMT
George A. Schade, Jr., who holds a Chartered Market Technician (CMT) designation, has written extensively about the people and innovations that have advanced the field of technical analysis within financial markets. A member of the CMT Association since 1987, he has written...
Tom Bruni, CMT
Tom Bruni, CMT is a Technical Analyst at All Star Charts and the founder of BruniCharting. In May 2016 Tom graduated Magna Cum Laude from Molloy College's Business Honors Program where he spent the majority of his four years exploring career paths in the fields of Accounting and...
Stanley Dash, CMT
Stanley Dash is the CMT Program Director at the CMT Association, a global credentialing body. In this role, Mr. Dash works with subject matter experts, candidates, and the Association's members to maintain and improve the curriculum, the test experience, and the value of the...
J. Cody Tafel, CMT, CAIA
Cody Tafel is an Investment Strategist within TSW Strategic Advisory. Cody’s focus is on asset allocation, investment strategy and business development. Cody brings extensive global market knowledge that helps our investment team and clients connect the dots between the macro...
Jamie Keelin, MBA, CMT
Jamie Keelin, who holds a Chartered Market Technician (CMT) designation, is the Chief Investment Strategist at Frazer Bay Investments, LLC. He has extensive financial markets and institutional equity trading experience and knowledge. While working at a mid-size investment...
Perry J. Kaufman
Perry J. Kaufman writes extensively on markets and strategies. He began his career as a “rocket scientist,” first working on the Orbiting Astronomical Observatory (OAO-1), the predecessor of the Hubble Observatory, and then on the navigation for Gemini, later used for Apollo...
Marianna Tessello served as the CMT Association's digital producer from 2018 until 2021. She was responsible for the management of most of the association's front-end digital assets during that time, including social media production, current website information and updates, and...
Marie Penza serves as the Director of Member Services for the CMT
New Educational Content This Month
March 24, 2023
CMT Level III Informational Session
Presenter(s): Stanley Dash, CMT, Tyler Wood, CMT
March 15, 2023
Why the Dow Theory? Multimarket application, Outperformance, Drawdown reduction, and a 120+ years record
Presenter(s): Manuel Blay
March 8, 2023
Money and the Fork in the Road for the Year Ahead
Presenter(s): Brendan McCarty, CMT