The same old news seems to hang over the markets like a low level cow emission of uncertainty. Brexit – will it be hard or soft? China – will there be a trade deal or not? North Korea – nukes or no nukes? The Fed – quantitative tightening or not? Politics – not going there.
The new news was the Green New Deal, spearheaded by the freshman representative from New York. This supposed economic stimulus and equality plan was widely criticized for its disruptive goals and impossibly fast timeline. We’ll leave the debating to the debaters and concentrate on what that means for us and our investing clients. Basically, it means some industries will get a boost and others will get a drag, if not elimination.
Do we, or should we, really care about legislation that probably will not become law? The answer is yes, but for a reason any technical analyst should appreciate. There is already a trend in place towards a greener economy. Fully powered by the free market, we already see electric vehicles, high efficiency heating and cooling in buildings, natural gas heating oil and coal, renewable gas technology improving, solar and wind power costs coming down, and so on and so on. Green is coming, with or without a push from Washington. It’s what the people demand. They just don’t want to go cold turkey with no gas-powered pickup trucks, forced veganism and tripled electricity costs.
This month, we’re getting ready for the 46th Annual Symposium, scheduled for April 4-5 in New York. There is still time to register.
We also continue with our member interview series, this month featuring Mark Arbeter, CMT. In addition to this, we’re carrying on the interview theme with a revisit to a presentation I did for the CMT Association last year called “Writing for the Media,” which teaches a few things about doing it right. And Lance Roberts offers some tips on being a good interview subject for TV or radio.
Minnesota and Chicago chapters sent in reviews of recent meetings and Tom Bruni, CMT and our own Tyler Wood reviewed the recent Chart Summit weekend in Colorado.
Of course, there is association news, including reason to show off your CMT designation. Be a CMT, loud and proud!
Michael Kahn, CMT
Editor, Technically Speaking
Letter from the CEOby Alvin Kressler
I want to take a few minutes to highlight some of the changes to the CMT Program and our online presence, including changes to our website, that are ongoing. The first change, which we recently...
President's Letter Reduxby Scott G. Richter, CMT, CFA, CHP
This letter was originally published last month and re-ran in light of the upcoming Symposium. Symposium Time: Learn – Connect – Grow The 2019 CMT Association Annual Symposium will take place...
What Makes You a Good Interviewee?by Michael Kahn, CMT
Anyone who manages money or sells research benefits from exposure in the media. Sure, we can get clients by taking out ads, but they are expensive and really do not work well. Or, we can cultivate a...
Member Interview – Mark Arbeter, CMTby Mark Arbeter, CMT
What do you do professionally? I am President of Arbeter Investments LLC, which I started in late 2014. I write a weekly, technically-based newsletter covering the major indices, sectors, treasuries,...
Brandishing the “CMT” Designationby Stanley Dash, CMT
Every CMT charterholder has worked hard to earn and maintain their charter. What’s more, every charterholder has a vested interest in the CMT Association’s goal of “advancing the...
Chart Summit 2019 - Reviewby Tyler Wood
Chart Summit 2019 took place February 22-23 in Breckenridge, Colorado, hosted by JC Parets of Allstarcharts and Brian Shannon of AlphaTrends. Thank you sponsors Stocktwits, Optuma, Speedtrader,...
How to Write for the Mediaby Michael Kahn, CMT
This month, we have part 1 of an informal block of “wisdom” on dealing with the media with more coming next month. Here is the intro to a PowerPoint presentation I did for the CMT Association in...
Minnesota Chapter Meeting - Notes & Reviewby Kyle Lottman, CMT, CFA, CPA
The Minnesota Chapter met February 19 at Piper Jaffray Headquarters with featured speaker Greg Schnell, CMT, MFTA, Senior Technical Analyst at StockCharts.com. Here were his favorite trade...
Chicago Chapter Meeting - Notes & Reviewby Jim Erdmier, CMT
The Chicago CMTA Chapter kicked off its first meeting of 2019 with one of its favorite guest speakers, Katie Stockton. Katie is a CMT and is the founder and managing partner at Fairlead Strategies....
CMT Association Mourns the Loss of David Fuller, Annual Award Winnerby Eoin Treacy
It is with the deepest regret I inform you David passed away on the 15th of January at his home in Devon surrounded by family, which is where he wanted to be. He is survived by his wife Graham, and...
2019 Annual Symposium Speaker Previews: Clare Flynn Levy & Emanuel Derman
Leading up to the 2019 Annual Symposium next month, we’re previewing two highly-anticipated presentations as well as the speakers’ professional backgrounds. Emanuel Derman is a professor...
Membership Newsby Marie Penza
Members on the Move The CMT Association would like to congratulate the following members on their new positions: Cesar Diaz-Loyo, Trade Finance Specialist at Cominvestment AG Muhammad Hafiz,...
President's Letter Redux
New Educational Content This Month
June 29, 2022
The Institutional Use of Technical Strategies
Presenter(s): Brennan Basnicki, CFA, CMT
June 15, 2022
How You Can Benefit from Little Known Seasonal and Cyclical Patterns
Presenter(s): Dimitri Speck
May 11, 2022
Clearing Away the Clutter
Presenter(s): Greg Schnell, CMT, MFTA