Focus on Other Members – the Case for Camaraderie in Personal Recovery Post-COVID This month’s message is short and to the point: help someone in our ranks that needs help due to the impacts of COVID-19. Consider being a resource to those that have not fared well during the crisis of 2020-21, even if it is just passing along a job lead or outsourcing a project. With the global recovery starting to gain traction, you may be able to leverage its strength into helping someone get back on their feet again! What do I mean by this? While many people have done very well in this volatile time, there are still many that struggle due to COVID impacts. Some have lost employment, some have not participated in market gains (stocks, crypto, housing, or otherwise), some have encountered mental health issues, and some have lingering physical health issues from the coronavirus infection. Well, what can

Long-time member John Leslie (Les) Williams, CMT, passed away March 1 at age 77, possibly from health issues related to his service in Vietnam. He was very active in the CMT Association, including serving as Treasurer and chairing the Ethics Committee, the Nomination Committee and the Accreditation Committee (editor’s note – his signature is on my own CMT certificate). He also ran his own portfolio management firm, Williams Capital Management, based in Bedford, Texas. I got to know Les quite well as we worked together writing and grading the CMT exams. He loved technical analysis and actively used it in his investment management process. He also loved the Market Technicians’ (CMT) Association and enjoyed writing and grading the exams. It was his way to give back to the organization that gave him so much. Outside of the CMT exam, Les and I would talk every 2-3 weeks about the markets and our

I downsized significantly after I retired in 2016, as there just wasn’t any room in the new place for the 2600+ memos I had written during the past fifty years which were stored in 49 three-ring binders and a file drawer. I just couldn’t bear to throw them out, though, so I had them scanned onto a flash drive. (Some came out better than others.) Voila; my lifetime of work now fit into the palm of my hand. Later, Tony Tabell’s family created a website to archive the 2700 market letters he and his father had written between 1944 and 1992. I thought: “Hey; I’ve already got my memos scanned, so maybe it’d be fairly easy to set up an archive for them.” Thanks to a helpful web host, the project was completed in February. It resides at https://deemermarketmemos.com/. The archive contains comments from the 1960’s, which were done at Gerry Tsai’s

Please tell us what you do professionally. I’m the Portfolio Manager of the ATAC Rotation Fund (Ticker: ATACX) and the ATAC US Rotation ETF (Ticker: RORO) at Toroso Investments, LLC. As the architect of both strategies, my focus is on conditions that favor risk-on and risk-off for stocks using historically proven leading indicators of volatility. Separate from my work at Toroso, I’m also the Publisher of The Lead-Lag Report (www.leadlagreport.com), which is my premium research service designed for tactical traders and asset allocators looking to anticipate stock market crashes, corrections, and bear markets with my award-winning white papers at the core of the work. How did you get there? I have family history when it comes to the business of investing. My father worked alongside Bob Farrell, legendary technician at Merrill Lynch in the late 1980s, and started his own investment advisory firm in the 1990s and hedge fund in 2000. I grew

This memoriam was excerpted from the Canadian Society of Technical Analysts website. William Morris Sharp died February 8, 2021 at the age of 83. Bill was a major contributor to the success of CSTA and one of the original 28 technical analysts who got together in 1984 to discuss and facilitate the founding of the Canadian Society of Technical Analysts. He became its third president in 1989. He was also President of the International Federation of Technical Analysts (IFTA) from 2004 to 2006. Bill, a.k.a. Willy, worked in the investment industry for 60 years, until retiring at age 80. An avid skier, paddler, musician, and National Geographic collector (every issue since 1952). Willy and Gail loved to travel for both work and pleasure; the paddling and outrigger adventures took them as far as the South Pacific, Cook Islands, Greece, Italy, France, Hungary, Hawaii, California, all over Canada.

Members on the Move The CMT Association would like to congratulate the following member on their new positions: Samuel Beaudry, CFA, CMT, Planificateur Financier, Analyste & Représentant – iA Gestion Privée de Patrimoine David Lundgren, CMT, CFA, Strategic Consultant at Interlink Markets Dan Shkolnik, CMT, Director, Portfolio Strategy & Trading at Quintessence Wealth CMT When registering for a CMT exam, please make sure that the name in your profile matches the legal ID you will be presenting at the Prometric test center. If the names do not match, Prometric will not allow you to take the exam. If you have already registered or scheduled your exam and need to adjust your name, please email admin@cmtassociation.org. Name adjustments must be made at least one month before the exams begin. The CMT Association would like to congratulate the following members who received their CMT Designation in February 2021. Antonio Escandon-Lizaur Yi Fu Lee Michael Nauss Jeffrey Smith