From the Editor’s Desk
As always, the MTA is busy. Staff and volunteers are continuing with preparations for the upcoming Seminar. Graders are preparing to review the growing number of CMT tests. Daily operations continue to increase at an ever quickening pace. This issue of the newsletter reflects that activity and presents some interesting research on techniques of technical analysis.
On the cover, Rob Brand, CMT, takes a new look at volume and analyzes institutional fund flows. He concludes that studying this data is useful, and provides a viable framework to incorporate the data into your own market studies. Looking inside the newsletter, on page 8, we publish a short study by Lawson McWhorter, CMT, looking at the volume generated by retail investors. He uses data recently made available by the New York Stock Exchange that was announced in the June Issue of Technically Speaking. His conclusion is that the usefulness of retail data in the current market environment is limited. I hope you’ll read both studies, and maybe consider doing your own work in this area. We are always happy to publish the results of your studies.
I hope you enjoy this issue, and look forward to hearing about what you’d like to see in upcoming issues.
Mike Carr, CMT
Editor, Technically Speaking
From the Executive’s Deskby Tom Silveri
MTA Members and Affiliates: This past month has been a very exciting time for me personally and for the MTA Headquarters Staff as we conduct reviews on what is working, what needs to be done and most...
Institutional Fund Flows: A Different Approach to Volumeby Rob Brand, CMT, FRM, PRM
Many traders and analysts incorporate some form of volume analysis in their decision-making. Volume takes various forms, but one that is as yet still little used but is rapidly coming to the fore is...
In Depth Part II: Josh Rosen Interviewby Josh Rosen, CMT & Molly Schilling
An interview with Josh Rosen, CMT, a New York Stock Exchange Specialist with Kellogg Group, conducted by Molly Schilling. We continue our conversation with Josh Rosen, a Specialist on the floor of...
A Short Study of NYSE Retrac EOD databy Lawson McWhorter, CMT
The New York Stock Exchange recently introduced a new suite of data products called InfoTools. One of these tools, Retrac, captures time, side (buy/sell), symbol, and quantity for all orders entered...
2007 Charles H. Dow Award Competitionby George A. Schade, Jr., CMT
The Charles H. Dow Award for excellence and creativity in technical analysis has been presented since 1994. The papers honored with the award have represented the richness and depth of technical...
MTA New York Region Update October 2006by David Keller, CMT
The New York Region welcomed Connie Brown to our October meeting for a dynamic session on technical analysis and horses (no, that’s not a typo). In the first half of Connie’s presentation,...
Trend Trading: Timing Market Tides By Kedrick Brownby Michael Carr, CMT
Systems traders have long been known to employ profitable trend following strategies in the futures markets. Applying those concepts to stock trading has proven to be difficult, although the idea of...
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