LETTER FROM THE EDITOR
We are once again providing short summaries of several moments from the MTA Symposium and we will have more next month. As usual, there was too much information from the two-day event to summarize quickly. In this month’s summary, we present information about the MTA Annual Award Winner Larry Williams, an article with lessons learned over a lifetime in the industry from Steve Leuthold and the rules for a complete trading strategy from Perry Kaufman.
There is also a review of a book written by Michael E. S. Gayed, the late father of this year’s Charles H. Dow Award co-author Michael Gayed. This book was originally published in 1990. It was recently republished by the author’s son as a tribute to his father’s life and work. While the book is certainly a tribute to an insightful mind, it is also a modern day primer on what’s important in the markets. The section on economic indicators is one of the most practical collections of indicators ever assembled, and each section concludes with a clear opinion about the indicator’s usefulness.
We hope you enjoy this issue and ask you to please continue sending your submissions and comments to firstname.lastname@example.org.
MTA ANNUAL AWARD HONORS LARRY WILLIAMSby Charlie Bilello, CMT & Michael Gayed, CFA
“In recognition of your decades of service to champion technical analysis within the trading and investment communities through speaking engagements, writing and innovation in technical...
TEN LESSONSby Steve Leuthold
What follows applies to personal investing, but much of it also applies to professional responsibilities as a portfolio manager. At the tender age of 23, I was a retail stockbroker at Paine Webber....
STOCK TIMING USING PAIRS LOGICby Perry J. Kaufman & Michael Carr, CMT
Every MTA Symposium includes a mix of the theoretical and the practical. There are always a few presentations that give some participants new ideas for trading or analysis. Perry Kaufman’s...
INTERMARKET ANALYSIS & INVESTING INTEGRATING ECONOMIC, FUNDAMENTAL, & TECHNICAL INDICATORSby Michael Gayed, CFA & Michael Carr, CMT
A recent headline in The Wall Street Journal explained, “Why Some M.B.A.s Are Reading Plato: Schools Try Philosophy to Get B-School Students Thinking Beyond the Bottom Line.” With only eighteen...
BACK-TESTING WITH INDICATORS & FLUID MODELSby Matthew A. Pasts, CMT
Back-testing refers to testing a trading strategy or a predictive model in the financial markets using historical data. A portfolio manager uses this methodology to cross validate his thesis or...
INTERVIEW WITH PAUL PITSIRONIS, CMTby Paul Pitsironis, CMT & Amber Hestla-Barnhart
How would you describe your job? I act as the portfolio manager on a team of Financial Advisors at Wells Fargo Advisors LLC in Melville, NY. My main role is to manage the assets of our clients who...
AN UPDATED FORECAST FOR THE NIFTY
PO= Price Objective/ Target The Nifty is a benchmark index for the stock market in India. This report updates our analysis from December 2013 for the Nifty. The Nifty reached our initial upside...
CHART OF THE MONTH INDIA 10-YEAR GOVERNMENT BOND SINCE 1800
This chart is provided by Global Financial Data, a provider of economic and financial data that extends from the 1200s for markets and nations around the world. To learn more, contact Ralph Dillon at...
New Educational Content This Month
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
October 25, 2023
Equity Risk & Potential – Q4, ’24 & Beyond
Presenter(s): Timothy Hayes, CMT