Technically Speaking, July 2020

The summer doldrums are upon us but given the slowdown in economic activity, it is hard to tell the difference. The pandemic remains topic one, while politics is creeping higher up the list. How will stocks do if Red wins? Or if Blue wins? Or if the rapper is actually serious?

As technical analysts, fortunately we don’t have to worry too much about all that. The market will sniff it out for us and it will be our job to read the signals it provides.

How have you all been coping with the socially distanced, everybody has cooties, world? We’d like to know so send in a few notes to us here at editor@cmtassociation.com. What are your clients doing differently? What are their views? Are you working from home? How has your business changed? And what can the Association do to help you?

Our President, Scott Richter, offers up some resources in his note within. However, due to last minute editing issues, we are without a feature article this month. Perhaps you, dear member, would like to submit something? As long as it is not a sales pitch or a black box, we’d love to read about an analysis or technique you use.

Have you read a good book on trading or analysis? Why not send in a quick half-page review?

What about software? Are you using something that is really helpful or unique? Tell us about it.

Otherwise, we’ve got Association news inside here, reviews of the June NY, Northern Ohio and India virtual chapter meetings and our member interview with Robert Peirce. Bob is retired now after a long career but still offers up his excellent long-term analysis to various chat rooms. We also have an exciting update on some new additions to our Academic Partner Program.

Don’t let the new world order get you down! And don’t let that be an excuse not to participate in your Association.

Michael Kahn, CMT

Editor

What's Inside...

Break So Not to Break

It is my sincere hope that each of you is safe and well.

I wanted to reach out to you...

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NY Chapter Virtual Meeting Summary

On Thursday, June 11, 2020, the New York Chapter hosted a panel discussion and virtual happy hour with three distinguished...

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India Chapter Meeting Summary

The India chapter of the CMT Association held a virtual meeting on June 27.

COVID-19 has severely affected the real...

Read More

Northern Ohio Chapter Meeting Summary

The Northern Ohio Chapter of the CMT Association held a virtual meeting, “Tools for Navigating Volatility and Managing Uncertainty,” on...

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Member Interview

Please tell us what you do professionally.

I’m retired now but I used to be the chief portfolio manager for...

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New Academic Partnerships Introduce More Students to Technical Analysis

Over the past several months, the CMT Association has been hard at work presenting to various financial and academic institutions...

Read More

Membership News

Members on the Move

The CMT Association would like to congratulate the following members on their new positions:

Robert Philip,...

Read More

Break So Not to Break

It is my sincere hope that each of you is safe and well.

I wanted to reach out to you and suggest that you “Break, so Not to Break,” as a little reminder from me to you to take care of your physical and mental health during this health challenge known as COVID-19.

Over the last several months, I have been joking around with...

To view this content you must be an active member of the CMT Association.

Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

Contributor(s)

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...

NY Chapter Virtual Meeting Summary

On Thursday, June 11, 2020, the New York Chapter hosted a panel discussion and virtual happy hour with three distinguished Chartered Market Technicians; Paul Ciana, Dan Russo, and J.C. Parets. This casual-style meeting allotted each presenter 15-20 minutes to share their views on the market environment, with moderator Tyler Wood reading questions from the chat along the way. The last 30 minutes of the...

To view this content you must be an active member of the CMT Association.

Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

Contributor(s)

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...

India Chapter Meeting Summary

The India chapter of the CMT Association held a virtual meeting on June 27.

COVID-19 has severely affected the real economy in India. At the same time, it pushed all financial markets professionals to adopt digital teleconferencing tools. This has given us opportunities to engage with members in a far more efficient manner. Virtual meetings allow speakers, members and guests from across the country...

To view this content you must be an active member of the CMT Association.

Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

Contributor(s)

Joel Pannikot

Joel Pannikot (pronounced as Punny-Quote) is the Managing Director of Chartered Market Technician Private Limited and serves as the Head of the Asia-Pacific region for the CMT Association. In this role, he is committed to advancing the field of technical analysis through...

Northern Ohio Chapter Meeting Summary

The Northern Ohio Chapter of the CMT Association held a virtual meeting, “Tools for Navigating Volatility and Managing Uncertainty,” on June 24, with guest speaker Katie Stockton, CMT (Founder and Managing Partner of Fairfield Strategies, LLC). The markets the day of the meeting were volatile, which allowed for a very informative and interesting presentation. She covered how she uses technical analysis to identify market...

To view this content you must be an active member of the CMT Association.

Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

Contributor(s)

Kevin C. Pietrzyk, CMT, CFTe

Bio Coming

Member Interview

Please tell us what you do professionally.

I’m retired now but I used to be the chief portfolio manager for Cookson, Peirce.

How did you get there?

I went to work for the B&O Railroad in 1964.  I had an EE degree from Carnegie Tech and went into their management training program.

By late 1965, everybody was getting interested in the market so I...

To view this content you must be an active member of the CMT Association.

Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

Contributor(s)

Robert Peirce

Robert Peirce is a principal and co-founder of Cookson, Peirce & Co. Inc.

New Academic Partnerships Introduce More Students to Technical Analysis

Over the past several months, the CMT Association has been hard at work presenting to various financial and academic institutions about the Academic Partner Program (APP). Selection for the CMT Association’s Academic Partner Program signifies a strong commitment to students’ career readiness and applied learning. Institutions that join the Academic Partner Program demonstrate academic rigor in financial courses ranging from quantitative methodologies to behavioral...

To view this content you must be an active member of the CMT Association.

Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

Contributor(s)

Barbara Terry

Barbara Terry is the CMT Association’s volunteer coordinator, based in New York. She has close to 20 years of experience in large-scale project management and account management roles, and is an invaluable resource for the CMT Association’s event planning team.  Barbara holds...

Membership News

Members on the Move

The CMT Association would like to congratulate the following members on their new positions:

Robert Philip, Senior Technical Analyst & Market Strategist at Saigon Securities Inc

Dan Draper, CMT, Chief Executive Officer at S&P Dow Jones Indices

Ankur Aggarwal, Client Solutions at FactSet

CMT

The CMT Association now offers Remote Proctoring for the exams, starting with the December 2020 test...

To view this content you must be an active member of the CMT Association.

Not a member? Join the CMT Association and unlock access to hundreds of hours of written and video technical analysis content, including the Journal of Technical Analysis and the Video Archives. Learn more about Membership here.

Contributor(s)

Marie Penza

Marie Penza serves as the Director of Member Services for the CMT Association.