As we turn the page on another summer season, well, here in the Northern Hemisphere, traders return from the Hamptons, or wherever they park their yachts, and supposedly liquidity comes back with them. But this is no ordinary year. Between on-again, off-again trade talks with China, negative interest rates overseas and volatility during the usually quiet dog days of late August, who knows?
The yield curve inverted again while long rates plummeted to super oversold levels. Gold scored a long-term breakout, and who gave the silver market a triple espresso? Yet through it all, the NYSE advance-decline line hit a new all-time high before Labor Day.
It’s been relatively quiet on the Association front, as you would expect during the late summer. However, things are ramping back up. The first item to note is that we are now accepting submissions for the 2020 Charles H. Dow Award (details within). Registration for the next CMT exam cycle remains open, and we are welcoming a new crop of freshly-minted CMT charterholders into the fold.
This month, we’ve got an article by Stefanie Kammerman discussing dark pools. We all can agree that volume analysis has been somewhat ineffective over the past decade and one reason is that a lot of trading takes place off the exchanges. Whether you believe it or not, it is an interesting thought.
And Christopher Cain, CMT, is back with another article, this time explaining how his firm combines technical data with fundamentals and some quant methodology to only buy quality companies in rising trends.
This month’s member interview is with Fred Meissner, CMT, who has been a big supporter of the Association and has served in many positions over the years, including president.
And what has become my own favorite chapter, Minnesota, offered yet another speaker review from its monthly meeting. Come on, other chapters. We want to know what you are all up to these days. Send in your speaker reviews.
And while I am on a roll, how about individual members volunteer to send in your own reviews of relevant books you’ve read or lectures you’ve attended? Share the knowledge!
Michael Kahn, CMT
President’s Letterby Scott G. Richter, CMT, CFA, CHP
Are you winning or losing the investment battle? I want to get inside your head a bit today. My question to you – are you winning or losing the investment battle? When you look back at the...
Quality Companies in an Uptrend - Combining Fundamental Factors with Quantitative/Technical Analysisby Christopher Cain, CMT
Note: This article originally appeared on the author’s LinkedIn page. What happens when you combine high performing quantitative/technical strategies with fundamental factors that have historically...
Member Interview with Fred Meissnerby Fred Meissner, CMT
Please tell us what you do professionally. Currently, I publish The FRED Report, a technical analysis research report targeted at financial advisors from major brokerage firms. It is a unique market...
Technical Dissonanceby Stefanie Kammerman
Note: This article originally appeared on the author’s blog. So many traders these days rely on technical analysis, but what happens when the technical signals are incorrect? Did you know that over...
Minnesota Chapter Speaker Reviewby Mahesh Johari, CFA
The August meeting of the Minnesota Chapter featured speaker was Paul Allen Winghart, Founder & Chief Knowledge Officer at the economics firm Wing-o-Metrics LLC, and former interest rate...
Schaeffer’s Investment Research, Inc., an options research and recommendation firm based out of Blue Ash, Ohio, is seeking to expand its Research Department. The ideal candidate will be an...
Dow Award Now Open for Submissionsby Chelsey Clevenger
The 2020 Dow Award is now open and accepting submissions! The competition is open to all practitioners and academics. The submission will be judged based on its ability to enhance the understanding...
Members in the Mediaby Marianna Tessello
Many of our members were featured in a range of news stories this month, including videos, print publication stories and podcasts. Below, enjoy our most-shared Members in the Media post. And remember...
Membership Newsby Marie Penza
Membership The CMT Association would like to congratulate the following member on her new position: Silvia Felicio, CIM, CMT, Associate Advisor at RBC Dominion Securities CMT Registration Standard...
Scott G. Richter, CMT, CFA, CHP
Scott Richter, CMT, CFA, CHP is a senior portfolio manager for Westfield, which manages over $4B in AUM. He is the lead portfolio manager for alternative assets and is also responsible for investments in the energy and utility sectors. He was formerly the co-manager...
Christopher Cain, CMT
Christopher Cain, CMT, is the U.S. Quantitative Equity Strategist for Bloomberg Intelligence, a division of Bloomberg LP, and is based in New York, NY. Christopher provides analysis and tactical strategy on equity factor investing and other quantitative, model-driven equity...
Fred Meissner, CMT
Fred Meissner, who holds a Chartered Market Technician (CMT) designation, is the founder and President of The FRED Report. His professional career spans 34 years in the investment business. Fred has a multifaceted background encompassing market analysis, trading...
Stefanie Kammerman is the founder and managing director of The Stock Whisperer Trading Company, where she runs an online educational trading room called "The Java Pit." She teaches her students by sharing her screen all day long with many audio meetings. Her unique...
Mahesh Johari, CFA
Mahesh Johari is an independent investor based in the Minneapolis area. He holds degress in mathematics and economics from the University of Illinois and the University of
Chelsey Clevenger is the former Member Services Coordinator for the CMT
Marianna Tessello served as the CMT Association's digital producer from 2018 until 2021. She was responsible for the management of most of the association's front-end digital assets during that time, including social media production, current website information and updates, and...
Marie Penza serves as the Director of Member Services for the CMT
New Educational Content This Month
March 24, 2023
CMT Level III Informational Session
Presenter(s): Stanley Dash, CMT, Tyler Wood, CMT
March 15, 2023
Why the Dow Theory? Multimarket application, Outperformance, Drawdown reduction, and a 120+ years record
Presenter(s): Manuel Blay
March 8, 2023
Money and the Fork in the Road for the Year Ahead
Presenter(s): Brendan McCarty, CMT