For far too long, it has been cliché to talk about the two schools of financial market analysis, fundamental analysis and technical analysis, as if they possessed the molecular structures of oil and water. Not only does this approach leave investment professionals at a disadvantage, it also does a huge disservice to investment professionals whose strategies incorporate both of these disciplines into some of today’s most powerful investment models. Boston-based Wellington Management’s Frank L. Teixeira, CFA, CMT is an industry leader in this fusion concept. As a partner and senior vice president of the firm, he manages over a billion dollars in both domestic and foreign securities and leads the technical analysis division for Wellington. Mr. Teixeira manages his portfolio based on an investment philosophy that combines both fundamental and technical principles. On Thursday, November 20, 2014 the Market Technicians Association (MTA) and New York Society of Security Analysts (NYSSA) hosted

The Market Technicians Association (MTA) is a dynamic association focused on building a strong community of market professionals, maintaining the highest ethical standards in the industry, and promoting the use of technical analysis in the investment process. Participating in the leadership of an organization like the MTA can be a deeply rewarding experience. It is an opportunity to work closely with industry leaders, to significantly further the mission of the MTA, and to have a real impact on technical analysis in the financial industry. You will also find the experience to provide great opportunities to improve yourself both personally and professionally. So what is actually involved in serving on the MTA Board? What qualities should you look for when nominating other members? Is this a good role for you personally? Here are the expectations of MTA Board members, which I have boiled down to the “5 P’s.” An MTA Board member should

Competition for the Prize of $20,000 will be open until April 15, 2015. The Ethics in Finance Robin Cosgrove Prize seeks to promote awareness of ethics, integrity and trust in the finance sector, especially amongst younger professionals aged 35 years or less. The Prize invites young people from across the world to submit a paper (in English or in French) on Innovative Ideas for Ethics in Finance. The mission of the Prize is to stimulate innovative ideas for promoting ethics and integrity in the finance sector. The Prize reaches out to young people familiar with the banking, finance and investment sectors, with special attention to emerging markets, to attract innovative ideas, proposals and projects which could be promoted to major players in the business community. The aim is to strengthen the sustainability of ethics in banking and finance and to reinforce its implementation, especially in emerging markets throughout the world. The Prize

Editor’s note: This was originally published in Proactive Advisor Magazine and is reprinted here with permission. For a nocost subscription to Proactive Adviser, click here. This article illustrates Rohrbach’s first rule of investing in practical terms. If I had a hammer, I’d hammer in the morning I’d hammer in the evening, all over this land I’d hammer out danger, I’d hammer out a warning I’d hammer out love between my brothers and my sisters all over this land. –“If I had a Hammer” by Pete Seeger and Lee Hayes, 1949. “If all you have is a hammer, everything looks like a nail.” –Abraham Maslow I don’t know if American psychologist Abraham Maslow ever met Pete Seeger, but they seem to agree about the use of a basic hand tool. Over the years, I have heard many variations of Maslow’s statement though the meaning has remained the same—those good with a hammer tend to see every new challenge as

In 2009, the National Association of Active Investment Managers (NAAIM), launched the NAAIM Wagner Award is designed to expand awareness of active investment management techniques and the results of active strategies through the solicitation and publication of research on active management. $10,000 is presented annually for the best paper submitted to the competition. NAAIM is now accepting papers for the 2015 Competition. The deadline for the full papers is Monday, March 2, 2015. Along with a $10,000 first prize, the NAAIM Wagner Award competition also often awards a $3,000 second prize and $1,000 third prize (given at the judge’s discretion). The competition is open to all investment practitioners, academic faculty and doctoral candidates who submit an innovative topic in the area of active investing. This can be either a documented and justified investing ap-proach or an exploration into the validity of active investing. Active investing topics can involve making invest-ment decisions using

Editor’s note: This report was originally published by Phases & Cycles on January 20, 2015 and is reprinted here with permission. The sixth gain in a row for the Dow, new all time-highs for the S&P 500 and double digit gains for the Nasdaq – no wonder the New Year’s parties featured large crowds dressed in bullish costumes shouting “wow” and “oh” and “bring it on!” After such festivities it didn’t surprise us that investors woke up the next day with a headache. We wrote: “Expect an intense battle between bulls and bears to open the year.” This is exactly what happened in the first weeks of 2015. Following a tour-de-force rally out of the October lows, the North American indices started on a series of rallies and selloffs. As usual, market participants found their “excuses” to sell or buy; one day it was euphoria about economic growth, another time it was panic