This month marks the one-year anniversary of the start of the 2020 market debacle. Think about how far we’ve all come since then: new highs, economic recovery, light at the end of the COVID tunnel and plenty of other things. We mourn for those we’ve lost and look forward to when our daily activities can return to normal.
What the pandemic may have done is accelerate trends in innovation and massive changes in how we work and play. Think about that when you fire up your Sony Betamax and Palm Pilot. Does your computer have a floppy disc drive? It may not even have a CD drive, anymore.
To quote an old French proverb, “the more things change, the more they stay the same.” The point is that the economy is always changing and industries come into and out of favor. So does debt. And hard assets. And entertainment. And travel. And real estate. You get the point. Don’t get stuck on yesterday’s trends. We are likely starting some huge ones now.
This month, we’ve dipped into the archives for a piece written by our own Dr. Julie Dahlquist many years ago. It talks about how there is good information in technical indicators. And, of course, it never hurts that it pokes a little fun at our economist colleagues.
And speaking of archives, there is one more photo from deep in the history of the Association. If you have any photos of seminars, speeches, winter retreats or just at the bar with fellow technicians, please send them along. We lost many great photos when our office in the Twin Towers came down on 9/11.
This month’s member interview is with Association Vice President Brett Villaume. And our president, Scott Richter, addresses how technical analysis helped him and his firm navigate the frothy waters of the recent short squeeze-a-palooza. Also, while a little delayed, this month’s chapter summary from Hong Kong presents the most thorough account of their December speakers. For those of us in an American mindset, the focus was on Asian markets, so consider that a treat.
Top it off with Association news and a link to the second offering in our new podcast series, “Fill the Gap,” and some recognition of recent member award winners across the globe.
Don’t forget, we can always use content. How about exercising your writing chops and sending in something about how you analyze the markets or how the Association has made your professional life better? No forecasts, please.
Michael Kahn, CMT
President’s Letterby Scott G. Richter, CMT, CFA, CHP
Short Squeeze Lessons – Technical Analysis Makes A Difference! For the last few weeks, the media has been mesmerized by the massive short squeeze taking place in the U.S. markets in 10 heavily...
Paul Ciana and Jake Damien Chow Awarded First Place in Investment Rankingsby Marianna Tessello
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...
Hong Kong Chapter Speaker Review
The Hong Kong Chapter of the CMT Association and Bloomberg presented “Macro Outlook with Technical Analysis – 2021” at their December 7, 2020 meeting. There were three speakers. Darryl Guppy...
Would You Pick Up a $100 Bill?by Julie Dahlquist, Ph.D., CMT
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...
Fill the Gap: The Official Podcast of the CMT Associationby Tyler Wood, CMT
Episode 2: Louise Yamada – Streaming Now Perhaps one of the most inspiring entrances into the world of Wall St., Louise Yamada joins Fill the Gap for a riveting discussion of macro trends as market...
Member Interview with Brett Villaume, CMT, CAIAby Brett Villaume, CMT, CAIA
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...
CMT Photo Archiveby Michael Kahn, CMT
This is an occasional series revisiting the Association in picture, just to offer a glimpse of in-person events as a reminder of what we aspire to in the future. If you have any pictures from...
Membership Newsby Marie Penza
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,...
New Educational Content This Month
Nikki Yu, CMT brings her webcast presentation to our Video Archives this month. Although events have been slow lately, keep an eye on this space in the future for more recorded virtual meetings.
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...
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...
Julie Dahlquist, Ph.D., CMT
Julie Dahlquist, Ph.D., CMT is Professor of Professional Practice in the Finance Department at Texas Christian University (TCU). Previously, she served on the faculty in the business schools at University of Texas at San Antonio and at St. Mary’s University. Her teaching...
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...
Brett Villaume, CMT, CAIA
Brett Villaume, CMT, CAIA, is President of the CMT Association and has served on the Board of Directors since 2014. Additionally, Brett is a Wealth Advisor at Dogpatch Capital, a registered investment advisor in San Francisco, CA. From 2015 to 2021, Brett served as Senior...
Michael Kahn, CMT
Michael Kahn, who holds a Chartered Market Technician (CMT) designation, is a seasoned financial services strategist, analyst, columnist, educator and speaker. Michael has been working with charts and technical analysis since 1986. He is the author of three books on...
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