Thank You Mumbai Chapter; The Future is Bright! I want to thank the CMT Association India, Mumbai Chapter for including me in their August Virtual Chapter Meeting. I was very excited and humbled to join such a fine group of members, associates and friends to share ideas on markets, employment, and personal skills. It was a fabulous meeting with over 150 people educating, connecting, inspiring, and motivating each other.  Again – thank you to Joel Pannikot, Akshay Chinchalkar, Vishal Mehta, Abhishek Karande, and numerous other energetic volunteers and speakers for making it a productive meeting. India is a very large part of the CMT Association’s future – and the future is bright!  I’m looking forward to the continued success in India and the growth of CMT charter holders. We are very blessed to have such an active and motivated group of volunteers there. I continue to challenge current charterholders to recruit and

It would be an understatement to say that we have all been tested this year. The direct impact of the pandemic on the CMT Program was the postponement of the June 2020 exams. But now we are pleased to find ourselves just a few months from the December 2020 CMT exam window (December 1 – 15). The most notable adjustment we made in response to circumstances is to allow for “remote proctoring.” This alternative testing mode is being offered in coordination with Prometric, the same company that administers our exams in their test centers around the world. Remote proctoring means that a candidate takes an exam using their own computer and in a venue of their choice. There are strict rules regarding computer hardware, physical space, and proper identification. You can find out more about this on the CMT Association website: Taking Your CMT Exam via Remote Proctoring. In the short

Just as the global economy has cycles and economic changes that play an important role in commodity supply and demand, seasonal factors also impact prices. Seasonality involves fundamental reasons behind price movement in different markets. In this paper, we will demonstrate how the yearly calendar can be used as a guide for some commodity prices as supply and demand change throughout the year, not just in grains, but also in the energy and metals markets. This paper provides trade examples using seasonal charts as guidance for positioning when taking seasonal factors into consideration. Long-only, indexing, and other passive commodity investing strategies may not address seasonal factors, treating investing in commodities as if they were equities, even though they are very different. When considering strategies, seasonal trading can help or hinder a portfolio depending on whether one chooses to either actively manage seasonal trades or ignore the fact that seasonal factors exist altogether. Exploring

Editor’s note – You might read this method for establishing highs and lows to be used in resistance and support and say, just look at the chart. However, this article is about machine learning so it is critical to be able to mathematically describe what our eyes see as highs and lows in order to allow the program to find them for you. Support and resistance zones in price movement have long been the basics for many traders as entry and exit points for executing orders. These zones are very visual in the aftermath but quite tricky to find while the price patterns are developing. This, plus the fact that a significant proportion of the support/resistance breakouts are false breakouts, makes it a challenge to trade consistently using these zones. In this article, we will show how to find the support resistance zones and how to trade them efficiently using machine

Please tell us what you do professionally. I am a Senior Market Analyst at Lowry Research, which is known to many members as former CMT Association President Paul Desmond’s shop. How did you get there? Before graduating college there were two courses of action that allowed me to follow the path of studying the stock market. First, in my last two years of school, I was able to secure relevant internships – one at Salomon Smith Barney assisting the largest group at a local branch, and the other at a small investment consulting firm called Portfolio Evaluations, Inc. Second, starting in fall of my senior year, I networked with alumni who also graduated with an economics degree and worked in the financial services industry. Eventually, the combination of my passion for the markets and persistent networking paid off with my first full-time job at Morgan Stanley in equity research sales early in the