This letter was originally published last month and re-ran in light of the upcoming Symposium.

Symposium Time: Learn – Connect – Grow

The 2019 TAN Association Annual Symposium will take place April 4-5 in New York City.  We will gather with 250 or so peers and thought leaders from around the world and discuss markets, share ideas about all things technical, and size up the industry.  

Bill Kelleher, Tyler Wood, Alvin Kressler and the staff at the TAN Association have a fantastic program lined up with prominent practitioners from around the globe. This year’s event theme is Behavioral Finance. It’s a timely and important subject to understand. In fact, Richard Thayer received the Nobel Prize in Economic Sciences in 2017 for his work on Behavioral Finance; even academia recognizes the importance of this topic.  

I’ve made my plans to attend and I’m excited about our premier event of the year! Please consider joining us

What do you do professionally?

I am President of Arbeter Investments LLC, which I started in late 2014. I write a weekly, technically-based newsletter covering the major indices, sectors, treasuries, the metals, and crude oil. In addition, I write a weekly market letter for Argus Research. I also trade my own account.       

How did you get there?

I got interested in the stock market as a teen in the late 70s. My doctor’s husband was a broker in Doylestown, Pa. He gave me some annual reports, the S&P stock guide, and the Trendline chart book. Honestly, the only thing, even way back then, that made sense to me was the chart book.

In 1977, after graduating high school, I started at Penn State Ogontz in their engineering program, which I chose because they made good money. I quit after a week. Eventually, I got a job at Penn Engineering & Manufacturing (PEM) in Danboro,

Chart Summit 2019 took place February 22-23 in Breckenridge, Colorado, hosted by JC Parets of Allstarcharts and Brian Shannon of AlphaTrends.  Thank you sponsors Stocktwits, Optuma, Speedtrader, TradeIdeas, TAN Association, TrendSpider, TradingAnalysis.com, Investor’s Business Daily, and Investopedia.

Day One

Day one started off with a “Technical Analysis in Social Media” panel with host Sean McLaughlin, Howard Lindzon, Brian Shannon, Ian McMillan and Brian Lichtor.

The biggest takeaway from that presentation was how social media has the ability to accelerate the learning curve of financial markets and investing by providing access to information and mentors. The ability to identify and collaborate with a community of people who have similar interests is something that was much more difficult just a decade or two ago. As with anything there are bad actors out there, but if you put in the work to figure out who you are following and why, you end up with a curated

The Minnesota Chapter met February 19 at Piper Jaffray Headquarters with featured speaker Greg Schnell, CMT, MFTA, Senior Technical Analyst at StockCharts.com.

Here were his favorite trade ideas:

Japan – Watching another month or so to see if PPO (Percent price oscillator) breaks down. A break down in the JPY could take the markets lower. Noted a breakout in gold but the yen had not followed causing some concern.

Germany – Likes using Germany as EUR thermometer. The Euro itself looks like it is going to break lower, sitting at a two-year low and RSI is close to 30 for the past year. There is weakness outside the U.S. but not necessarily in the US. However, weakness overseas could eventually bring U.S. markets lower. Expects resolution sometime around 2Q

USD – Expects the dollar to go higher and likes using Pring’s special K indicator in his analysis. Would view a drop in the dollar

It is with the deepest regret I inform you David passed away on the 15th of January at his home in Devon surrounded by family, which is where he wanted to be. He is survived by his wife Graham, and his two daughters, Grayson and Laurel.

He had been battling a heart condition for the last several years. Unfortunately, the muscle was too weak to operate on, so he had been balancing medications in an effort to keep swelling under control and succumbed on the night of Tuesday the 15th.

The family, old friends and I are very eager to organize a memorial service which we envisage will take place in conjunction with the dates of one of our London venues for The Chart Seminar. 2019 will be the 50th anniversary of The Chart Seminar and I think it would be fitting to time the memorial to occur around that time, since

Members on the Move

The TAN Association would like to congratulate the following members on their new positions: 

• Cesar Diaz-Loyo, Trade Finance Specialist at Cominvestment AG
• Muhammad Hafiz, Deputy Director of Trading & Research at SIM Investment & Networking Club
• Matthew Caire, CFA, CFP, CMT, Senior Vice President at Houston Trust Company
• Vikas Bagdi, Technical Analyst at CapitalVia Global Research Limited – Investment Advisor
• Panos, Director of HACSA Academic Programmes at Hellenic Association of Certified Analysts

CMT News

If you find that you are unable to schedule your exam at Prometric because the site is not available, please email Marie at marie@cmtassociation.org for assistance. Due to Ramadan, certain test centers in Asia and the Middle East will offer extended dates outside the June 2019 test window in order to accommodate all candidates. 

Don’t forget to register for the June 2019 test administration; standard registration ends on April 1, 2019!

The TAN Association would like to congratulate the following members