Institutional Investor Magazine recently announced its 2020 Global Fixed Income Research Team, celebrating the investors and managers who emerged from the early-pandemic chaos with winning strategies. The CMT Association is proud to acknowledge its many members and charterholders who were among the finalists and winners in several categories. Notably, Paul Ciana, CMT placed first in both the Asia and Europe categories for the second year in a row, as well as securing the #2 spot in the US rankings. See the entire Institutional Investor rankings here: https://www.institutionalinvestor.com/research/10844/Global-Fixed-Income-Research-Team We’re also proud to acknowledge Jake Damien Chow, CMT, placing first in AsiaMoney Magazine’s Best Analysts/Commentators of 2020 awards in the Singapore region. Jake is a co-chair of our Singapore chapter. Read the entire AsiaMoney award rankings here: https://www.asiamoney.com/article/27i6gralrq1bhg3whzzls/polls/brokers-poll/best-analysts-commentators-2020 As we head into 2021, the CMT Association is proud to see our membership and charterholders positioned around the world as knowledgeable sources of technical information, sought as columnists,

There is an old saying that if you were attending a meeting of economists and you placed a $100 bill on the floor, none of the economists would pick it up.  All of the economists would assume that if there were really a $100 bill on the floor, someone else would have already picked it up.  Each economist would think to himself or herself, “Since markets are efficient, someone would have already picked up $100 off of the floor, so there can be no returns to my putting forth the effort to bend over and try to pick up something that theory tells me can’t be there.” Members of the academic community have commonly applied this same type of reasoning to the use of technical analysis.   The time and effort that a technician puts forth is likened to the energy and effort that would be used to pick up a $100

Please tell us what you do professionally. I am the Director of Investor Relations for a publicly-traded, mid-cap bank headquartered in Southern California. I’m responsible for managing the company’s communications with institutional investors, both current and prospective, and the sell-side analysts who cover the company. This includes authoring the quarterly earnings press release, preparing slide presentations for use at investor conferences, authoring the company’s annual report and proxy statement, and maintaining the company’s investor relations website. I also advise executive management and the board of directors on matters of corporate governance. I am also currently serving as Vice President of the CMT Association. How did you get there? In 1999, I graduated with an undergraduate degree in Economics and landed a job in Atlanta at The Volume Investor, a boutique institutional research shop that specialized in technical analysis. It was founded and run by Mark Scott, who was Vice President of the Market

Members on the Move The CMT Association would like to congratulate the following members on their new positions: Thomas J. Festa, CMT, Blockchain Developer at Stella Maris Capital David Lundgren, CMT, CFA, Co-Host at “Fill the Gap” investor podcast William Delwiche, CMT, CFA, Investment Strategist at All Star Charts Nathan Rogers, CMT, Director at Polaris Wealth Advisory Group Richard Elia, CMT, CFTe, Course Instructor at Holy Spirit University of Kaslik – USEK Janine Guenther, CFA, CMT, President at Dixon Mitchell Investment Counsel CMT We would like to congratulate all the candidates who successfully completed their exams during the December 2020 test administration! We applaud your resilience and determination during this pandemic. Standard registration is now open and will close on April 12, 2021. Since June is a busy month for exams at Prometric, we encourage all candidates to schedule their exam as soon as they register.  Candidates have the option to take the exam at Prometric test centers, which are