Although we are headquartered in the U.S., we are a global organization. The economy is recovering here as vaccinations rise and COVID infections decline. However, in contrast, our colleagues elsewhere, especially in India, continue to face major health challenges. CMT President Scott Richter offers our support in his remarks this month.
In the markets, changes are brewing as commodities are soaring, technology stocks got smacked and cryptocurrencies have become the “spring break” of tradeables. Dogecoin? Really? I suppose our role is not to judge, but to analyze trends and patterns.
What members may have noticed is the lack of chapter meetings in recent months. With the Americas Summit in April and basic Zoom fatigue from working at home and home schooling, it is no wonder everyone needed a break. But fear not, the calendar is filling up again. Check out the “Learning and Events” link on the CMT Association home page.
This month, we feature an article by Arthur Hill and a spin on trend following systems. It is elegant in its simplicity and I highly recommend reading it. And for good measure, Arthur is also this month’s member interview.
Other features include the announcement of this month’s Fill the Gap podcast with Frank Teixeira, The Mother of all Sector Rotation Strategies written by Erez Katz, membership news and TA award acknowledgements. We also say goodbye to Jim Forte, from the TSAAF in San Francisco. Also lost in recent days is the legend Welles Wilder, who created many of the studies we all use today. Some of you may have heard of him.
Good luck trading, and stay safe.
Michael Kahn, CMT
President's Letterby Scott G. Richter, CMT, CFA, CHP
While here in the United States there is optimism regarding the national COVID-19 case count and the rollout of the vaccines, in other countries in which our members reside, the conditions are not so...
Three Concepts to Augment a Trend-Following Strategyby Arthur Hill, CMT
Trend-following strategies are prone to whipsaws and low win rates, but they are still profitable over time. Investors can improve performance by applying three concepts to their strategy. Most...
In Memoriam - J. Welles Wilder, Jr.by Michael Kahn, CMT
One of the most influential figures in technical market analysis, John Welles Wilder, Jr., passed away on April 18, 2021 at age 85. The former mechanical engineer and real estate mogul developed what...
Technical Analysis Awardsby Michael Kahn, CMT
This past month, the Technical Analyst (U.K.) released its 2021 awards celebrating the best in research, data, software and artificial intelligence. Here are just a few of the winners and finalists...
Member Interview with Arthur Hill, CMTby Arthur Hill, CMT
Please tell us what you do professionally. I run TrendInvestorPro.com, a website that provides a broad market timing model, trend-following strategies and mean-reversion setups based on technical...
Remembering Jim Forteby Barbara Terry
Reprinted from the TSAAF website: The Technical Securities Analysts Association of San Francisco sadly reports that Jim Forte, active board member and past president of the association, passed away...
Fill the Gap: The Official Podcast of the CMT Associationby Tyler Wood
Episode 5: Frank Teixeira – Streaming Now Partner, Portfolio Manager, and Director of Technical Research at Wellington Management for over 20 years, Frank Teixeira brings his unmatched insight to...
The Mother of all Sector Rotation Strategiesby Erez Katz
Note – this article appeared on “From the Blog” by Lucena Research, now known as Neuravest, in August 2020. Be sure to join Eric Davidson, CMT and JP Gravitt from Neuravest as they...
Membership Newsby Marie Penza
Members on the Move The CMT Association would like to congratulate the following members on their new positions: Scott Richter, CFA, CMT, CHP, Investment Designee/Expert for the Ohio Highway Patrol...
New Educational Content This Month
The full recordings of the Americas Summit will be available in the Video Archives on June 1. In the meantime, check out our recently-added webinars, including Sam Stovall’s presentation and more.
While here in the United States there is optimism regarding the national COVID-19 case count and the rollout of the vaccines, in other countries in which our members reside, the conditions are not so rosy.
Specifically, in certain APAC countries, the case counts have been escalating rapidly and have created dire conditions and significant hardship. As you have likely seen or read in the news, India is in a state of crisis due to the virus.
The Board of Directors and CMT Staff members have been heavily focused on the APAC region over the past few years, especially the country of India. India has seen the greatest number of new CMT Program candidates as interest in TA is booming. Subsequently, we have been communicating more frequently with our members about the COVID-driven healthcare crisis, including keeping in touch with our Board Director Akshay Chinchalkar and our Head of the India Office, Joel Pannikot.
To the over 200 CMT members and over 500 CMT Program candidates in India, I want to let you know that our hearts, prayers, and thoughts are with you as you battle this virus. We are actively monitoring conditions and regularly discussing ways we can provide support or accommodation to our constituents in India and other countries impacted by COVID. Should you have any questions about how your candidacy in the CMT Program is being affected by the pandemic, please do not hesitate to reach out to CMT staff members. We are here to help.
Please keep yourself (and loved ones) as safe and as well as can be.
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