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16
FEB
2016

Chart Lesson: Falling Wedge in the Rand

As those of you who have attended one of my courses will know I always prefer to use live current market examples to illustrate the lesson. What is the point of using a chart from 1972 as a Case Study. It of course worked out perfectly. But in real life we work on the hard right...
13
FEB
2016
My Delema

A Prospect Theory Dilemma – “I Face It Today”

Recently I have had the delightful task of presenting my short talk on behavioural finance to professionals up and down the country. The talk has the catchy title: Bulls, Bears – We Are All Sheep. It is a lunchtime, one hour presentation which I have been giving recently to...
13
FEB
2016

Tom DeMark Calls For a Stock Market Market Bottom Right Now

In a Bloomberg TV Interview last week Tom DeMark calls for a market bottom in the next 2-3 market days.  He is not a man to mince his market calls. He does not get it right every time but some of his calls have been simply spectacular.  I’ve known Tom for many years and can...
10
FEB
2016
Rick Bensingor

Conformational Bias in Portfolio Managers – a Rant

Confirmation Bias, is the tendency to search for, interpret, favor, and recall information in a way that confirms one’s beliefs or hypotheses, while giving disproportionately less consideration to alternative possibilities. I have seen this in research pieces put out by...
18
JAN
2016
SPX Weekly

It is ‘Bleedin’ Obvious’ or, if you prefer, Occam’s Razor

Believe your eyes. The bleedin’ obvious is very often correct. If you want to appear all intellectual, say you turned bearish because of Occam’s Razor. The trend is your friend – until the end. I teach this in both my Introduction and Advanced Technical Analysis...
11
JAN
2016

Statistical Test of Three Popular DeMark Technical Indicators

Late last year, Marco Lissandrin ETH Zurich, Donnacha Daly ETH Zurich and Didier Sornette Swiss Finance Institute; ETH Zürich – Department of Management, Technology, and Economics (D-MTEC) published a research piece of great importance to us fans of the work of Tom DeMark....
26
NOV
2015

The Collective Noun for Technical Analysts

There is no collective noun for a group of technical analysts. Let us decide what to call ourselves before anyone else decides something unflattering like: A Confusion of Technical Analysts. Our language has some wonderful collective nouns for the various groups of animals. We...
12
OCT
2015
Economists forecasts

Economists Never Learn

Shouldn’t the role of economists be limited to explaining data and to stay away from forecasting? Forecasting is something they are terrible at. They seem to consistently crowd as a group at the wrong answer. Usually when people are consistently bad at something they stop...
28
SEP
2015

Courses now approved by CFA Insitute

We are pleased to announce our Introduction and Advanced Technical Analysis, Short Term Trading Techniques and Portfolio Construction Techniques courses operated by The Technical Analyst at CE Approved Activity. You will receive 12 hours credit for each of these two-day courses....
09
APR
2015

ACI Lunch and Learn for FX and Money Market traders

The first of a series of 2015 Lunch and Learn took place on the 24th March hosted by Royal Bank of Canada in their board room in London. Trevor Neil of BETA Group gave an interesting and insightful presentation on the practical application of technical analysis strategies and...