From the Editor’s Desk
This issue focuses on the MTA Education Seminar. Attendees spent two days listening to the latest ideas on trading and learning the fundamentals of technical analysis. Some presentations are summarized in this issue; a few more will appear next month. We also hear about a recent LA chapter meeting, and we look forward to hearing about other meetings throughout the country.
The success of the Seminar demonstrates the importance of volunteers to our organization. Look over the list of committees and regions on the back page of this newsletter, and consider what you can do to help. When you have some time this month, contact a committee chairperson or a regional point of contact and talk about what you can do. The leadership of tomorrow’s MTA is working in these groups today, and you’ll be glad you became involved.
We’re also looking for someone to take on the task of newsletter editor. We’ve returned this to a volunteer position, in the spirit of every other MTA function. The editor is just another committee chairperson, soliciting help from volunteers and helping deliver incredible value for the small investment we make in our membership.
Mike Carr, CMT
From the President’s Deskby Phil Roth, CMT
On behalf of all the officers and directors, I want to thank all those who voted (a little more than one third of our membership participated in the election) and supported the Nominating...
MTA Annual Award
Ian Notley, President of Yelton Fiscal Inc., was the winner of the 2006 MTA Annual Award, recognizing his lifetime contributions to the field of technical analysis. Yelton Fiscal was founded by Ian...
Commodities and the Fed Funds Rateby Blethyn Hulton
Amidst the comments, actions, and retractions of the Bernanke Fed over the past month, market participants face greater uncertainty over the direction of interest rates than at any time since the...
NYSE Offers New Data Service
Prior to touring the New York Stock Exchange, MTA Seminar attendees learned about a new data service being offered by the Exchange. NYSE InfoToolsTM offers more granular information about NYSE...
Fred G. Schutzman, CMT, “Mechanical Trading Strategies”by Michael Carr, CMT & Fred Schutzman
Fred has a relatively simple approach to the markets; he believes that objective, disciplined trading and a strict risk management policy are the keys to success. His firm has more than $80 million...
V. John Palicka, CFA, CMT, “Fusion Analysis in Small-Cap Investing”by John Palicka, CFA, CMT & Michael Carr, CMT
Technical analysis has played an important role in small-cap investing for John since 1980. However, he has found that above average performance requires more than technicals. He combines fundamental...
Robert Rossetti, “Trading Rules of the O’Neil CANSLIM Methodology”by Robert Rossetti & Michael Carr, CMT
William O’Neil’s CANSLIM stock selection methodology is very well known and widely followed by readers of Investor’s Business Daily. Bob has employed this strategy since the early 1970’s and...
Rick Martin, CFP, CAIA, CMT, “Portfolio Simulation to Optimize Trading Systems”by Rick J. Martin, CMT, CAIA, CFP & Michael Carr, CMT
Rick began his presentation by exploring some traders’ myths: “I have found the holy grail of indicators. They work great when I overlay them on a chart.” Unfortunately, he pointed out,...
Los Angeles Area Regional Chapter Meeting
The LA Regional Chapter of the MTA held their quarterly meeting May 9th at Spaghettini’s Bar & Grill in Seal Beach. We had 21 members, affiliates and guests in attendance. To begin the meeting,...
Chart of the Monthby Tom McClellan
The 20-week cycle is a half-period harmonic of the more dominant 40-week cycle, sometimes called a 9-month cycle. I currently track the actual length of that 40-week cycle at 185 trading days, which...
Market Forecast Panel
The MTA Education seminar kicked off on May 18th with a Market Forecast Panel at the Bloomberg World Headquarters in New York. The moderator was Vincent Catalano. Panelists were Gail Dudack, Michael...
New Educational Content This Month
December 6, 2023
Marrying Fundamental and Technical Analysis for Independent RIAs
Presenter(s): David Rath
November 22, 2023
Utilizing Trend & Mean Reversion in Breadth Studies to Gauge Market Conditions
Presenter(s): Victor Riesco
November 18, 2023
Beating the Bench
Presenter(s): Scott Brown, CMT