LETTER FROM THE EDITOR
We focus on the practical in this month’s newsletter. From trading psychology to trading tools and trading strategies, we have tried to provide you with new ideas that you can apply in the slow summer market. Of course, the slow summer market is probably a myth but we all need to find time to explore ideas and tools that might help us become better at what we do.
Trading seems to be the point where theory meets practice in technical analysis. Hopefully you will find the techniques and tools we highlight to be useful.
Although trading is often associated with short-term analysis, many traders analyze long-term data. In the long-term, stocks can move up or down just as they do in the short-term. SRC Stock Charts offer a long-term perspective on markets and we conclude this issue with a chart of Japan’s Nikkei 225 stock index. The Nikkei ended May with a one-week loss of 15% but is up about 50% in the last year. Shortterm volatility can mask the relentless down trend that defines that market. Over the past 25 years, the Nikkei has lost an average of 2.8% a year.
Please email us with suggestions for other long-term charts to highlight the ups and downs of trading for a living. We can be reached at firstname.lastname@example.org.
HOW WILL THE NEXT FEW YEARS BE CHARACTERIZED? INFLATION, DEFLATION, OR BOTH?by Robert Prechter & Martin J. Pring & Ron William, CFTe
During the annual symposium of the Market Technicians Association, April 2013, two of the world’s most renowned veteran market technicians, Robert Prechter, CMT, President of Elliott Wave...
THE MENTAL EDGE IN TRADINGby Jason Williams & Keith Newcomb, CMT, CFP® & Michael Carr, CMT
Editor’s note: Dr. Jason Williams was one of the speakers at the recent MTA Annual Symposium. His presentation was based on the research detailed in his book which is reviewed below. To view Dr....
A TECHNICAL GUIDE TO THE ISHARES DOW JONES U.S. ENERGYby Jonathan Beck
This report takes a closer look at the U.S. Energy sector, via the iShares Dow Jones U.S. Energy ETF (Ticker: IYE). In recent days, IYE has quietly broken out of an ascending triangle pattern two and...
THE SMART MONEYby Eric Leake
While equities have made new record highs this month High Yield Bonds have declined, a classic warning sign that has often led to multi-month declines. Does it matter when High Yield Bonds are not...
SCREENING FOR TRADING IDEASby Michael Carr, CMT
Many traders use screens to generate trading ideas. A screen will generally be designed to scan a list of stocks, identifying the ones that meet certain criteria. For example, a screen might identify...
GEORGE LINDSAY’S AN AID TO TIMINGby Ed Carlson & Michael Carr, CMT
Ed Carlson has produced a video to explain a tool developed by George Lindsay and almost lost in the history of technical analysis. For those unfamiliar with Lindsay’s work, it is important to note...
ETF TRADING WITH BOLLINGER BANDS®by Laurence Connors & Cesar Alvarez & Matt Radtke
Introduction to Bollinger Bands® Bollinger Bands®, created by legendary money manager and researcher John Bollinger, are one of the most popular trading indicators in use today. Nearly all...
INTERVIEW WITH CHRISTOPHER GURKOVIC, CMTby Christopher Gurkovic, CMT & Amber Hestla-Barnhart
How would you describe your job? I would describe the job as an opportunity to promote technical research and educate investors about the many ways in which talented people are successfully using our...
CHART OF THE MONTH
New Educational Content This Month
October 22, 2021
Systematic Multiple Time Frame Investing
Presenter(s): Bill Kelleher, CMT, CFA
October 20, 2021
Volume Analysis Series (Part 3): Volume Analysis with Indexes
Presenter(s): Buff Dormeier, CMT
October 13, 2021
Understanding Market Internals to Identify Turning Points
Presenter(s): Mike Hurley, CMT