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Stock market today July 8, 2021


Stock market today

All major US stock indexes closed lower today, small-cap stocks underperformed.S&P 500 lost 37 points, Dow Jones lost 259 points and Nasdaq lost 105 points. The closing numbers for the US stock market today, July 8, 2021, follow.

S&P 500: 4,320.82,-37.31(-0.86%)
Dow 30: 34,421.93,-259.86(-0.75%)
Nasdaq: 14,559.79,-105.28(-0.72%)
Russell 2000: 2,231.68,-21.17(-0.94%)

Stock market news

“Stocks dipped on Thursday to give back gains after a record-setting session, with investors nervously eyeing signs that the economic recovery might get derailed.

The S&P 500, Dow and Nasdaq each pared losses after dropping by more than 1% at intraday lows. Thursday’s session marked the first time since June that the S&P 500 opened lower by more than 1%. A day earlier, the blue-chip index rose to a record closing high for the eighth time in the last nine sessions as concerns over a near-term monetary policy adjustment and sustainably high inflation abated.

The benchmark 10-year Treasury yield sank further to hover around 1.29%, with the dip in rates reflecting both easing inflation expectations but also uncertainty over the sustainability over the recovery. Concerns over the global recovery also increased after Japan proposed re-instituting a state of emergency ahead of the Tokyo Olympics due to recent COVID-19 surges.

“People have. some concerns about how the Delta variant is going to play out in the economy, and we don’t know what’s going to happen to the spending with consumers once unemployment benefits run out in the September time frame,” Julie Biel, Kayne Anderson Rudnick portfolio manager, told Yahoo Finance on Thursday. “I think there’s a lot of uncertainty, and how I would characterize this rally is, it is kind of a cynical rally, where people don’t necessarily feel as strongly about the economy, but they feel they have to stay invested. And so I think the fact that it is in this mindset means that it could pull back very quickly. So I would expect more volatility going forward.”

Recent data on the economic recovery has been mixed, with job openings rising to yet another record high in May and labor scarcities curbing the pace of the rebound across industries. Thursday’s jobless claims report showed new weekly filings unexpectedly increased, with the number of new filers and total claimants still highly elevated compared to pre-pandemic levels.”

Stock market data: Yahoo Finance

Stock market news July 2 2021


Stock market news

June jobs report: Economy adds back 850,000 payrolls, unemployment rate ticks up to 5.9%

“The U.S. economy added back jobs for a sixth straight month in June, with job growth picking up speed alongside the reopening economy.

The U.S. Labor Department released its June jobs report Friday morning at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg:

Change in non-farm payrolls: 850,000 vs. 720,000 expected and an upwardly revised 583,000 in May

Unemployment rate: 5.9% vs. 5.6% expected and 5.8% in May

Average hourly earnings, month-over-month: 0.3% vs. 0.3% expected and a downwardly revised 0.4% in May

Average hourly earnings, year-over-year: 3.6% vs. 3.6% expected and a downwardly revised 1.9% in May

Friday’s jobs report also came with revisions to the past two months’ payrolls figures. In April, non-farm payroll additions were revised down by 9,000 to 269,000, while May’s were revised up by 24,000 to 583,000.

The biggest payroll gains in June were again in the leisure and hospitality industries, which were the hardest hit in the earlier stages of the pandemic. These added back 343,000 jobs in June after a rise of 306,000 in May. However, the labor deficit across these industries — with leisure and hospitality still down by 2.4 million jobs compared to February 2020 levels — comprises the plurality of the nearly 6.8 million total jobs the economy still has left to recover from before the pandemic.

Other industries also saw strong job gains in June. In the services sector, retail trade added back 67,100 jobs, or more than double the May gain, and professional and business services job gains also doubled month-on-month to 72,000. In the goods-producing sector, manufacturing job growth slowed more than expected, with payrolls rising by 15,000 after a gain of 39,000 in May. Public-sector jobs soared in June, with government payrolls up by 188,000.

“In both public and private education, staffing fluctuations due to the pandemic, in part reflecting the return to in-person learning and other school-related activities, have distorted the normal seasonal buildup and layoff patterns, likely contributing to the job gains in June,” the Labor Department noted in its release on Friday.”

Stock market data: Yahoo Finance

Stock market today June 30, 2021


Stock market today

Stock market today June 30, 2021. A mixed close for the last day of Q1 for 2021 for the US stock market. S&P 500, Nasdaq, and Russell 2000 closed almost flat but Dow Jones outperformed. The closing numbers for the US stock market today follow.

S&P 500: 4,297.50,+5.70(+0.13%)
Dow 30: 34,502.51,+210.22(+0.61%)
Nasdaq: 14,503.95,-24.38(-0.17%)
Russell 2000: 2,310.55,+1.71(+0.07%)

Stock market news today

Stock market news, stocks today.

“Stocks were mixed on Wednesday, with the S&P 500 gaining for a fifth straight session to end the day at yet another record closing high. Traders considered stronger-than-expected prints on private payroll gains and pending home sales and looked ahead to more economic data out at the end of this week.

Wednesday’s session also marked the final day of trading for the month of June, the second quarter, and the first half of 2021. The S&P 500 closed out both the month of June and the first half of the year with sharp advances. The blue-chip index increased more than 2% in June for a fifth straight monthly advance, and has increased by about 14.4% for the first half of 2021.

The Nasdaq gained more than 5% in June and has increased 12.5% for the year to date. The Dow ended June little changed, underperforming against the other two major indexes as traders rotated back into technology and growth stocks. The index has still held onto a 12.7% advance for the year-to-date, however.

In the S&P 500, the information technology, real estate and communication services sectors came in as the top-performers for the April through June quarter, and only the utilities sector ended the quarter lower.

Other asset classes have posted more mixed performances. The 10-year Treasury yield hit a year-to-date peak of 1.77% in March but ended the quarter yielding just under 1.5%. West Texas intermediate crude oil has increased more than 20% in the second quarter, with the rebound in energy prices coinciding with a pick-up in energy demand and fast-improving travel trends. Cryptocurrencies, however, have had a tougher second quarter, and Bitcoin has tumbled from around $59,000 at the end of March to around $35,000 as of Wednesday, albeit while still being up significantly over a multi-year horizon.

“One of the big calls we’ve made is, stocks will outperform bonds, and that’s one of the big ways we’re constructing our portfolios,” Ryan Detrick, LPL Financial chief market strategist, told Yahoo Finance. “We still think that’s the play, that stocks will probably do better than bonds the second half of this year as the economy continues to improve, open up, and it’ll be led by those earnings which will justify pretty pricey multiples.”

Stock market data: Yahoo Finance

US stock market weekly performance on June 25, 2021


US stock market

The US stock market on June 25, 2021 closed as follows:

S&P 500: 4,280.70,+14.21(+0.33%)
Dow 30: 34,433.84,+237.02(+0.69%)
Nasdaq: 14,360.39,-9.32(-0.06%)
Russell 2000: 2,334.40,+0.77(+0.03%)

For the week ending on June 25, 2021 the performance of the US stock market was the followng one.

Dow Jones Industrial Average (DJIA): +3.44%

S&P 500 Index(SPX): +2.74%

NASDAQ Composite Index(COMP): +2.35%

Russell 2000 Index(RUT): +4.32%

Among the major US stock indexes Russell 2000 outperformed for the week, with small-cap stocks seing buying interest, and tech stocks or the Nasdaq composite underperformed.

Stock market source: Wall Street Journal

Is the stock market good or bad?


Stock market investing

Stock market basics first. Investing in the stock market is risky, the risk of potentially losing everything is high and even the best stocks do not eliminate the risk in the stock market. There is the systematic risk and the unsystematic risk to consider. So the question is the stock market good or bad is not in reality existent. Even if you speculate and buy stocks that will make profits quick and easy then this is a bad example of believing that stock trading or stock investing is both easy and without any risk.

How the stock market works

How to invest in the stock market? Stock market is not a money-making machine, education is needed, diversification is suggested, timing the market is difficult and unceratain, emotions are not a good reason to invest, realistic expectations are always important.

Do not get on just one side of the stock market. Stocks can move up, but stocks can move down and stocks can move sideways. The U.S. stock market offers plenty of opportunities for trading and investing. Reading and analyzing the stock market news is essential. There is not just one way to find out how the stock market works, or how to invest in the stock market. A common logic approach and focusing on fundamentals and on the valuation will always help.

Stocks to buy

Not all stocks are stocks to buy, so be selective about the stocks to invest in.

Stock market news June 16, 2021


Stock market news

What is moving the US stock market today? The Fed monetary policy. Here is the latest stock market news.

“FOMC maintains stimulus, brings rate hike forecast forward to 2023.

NEW YORK (Reuters) – The Federal Reserve on Wednesday brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy.

New projections saw a majority of 11 Fed officials pencil in at least two quarter-point interest rate increases for 2023, even as officials in a statement after their two-day policy meeting pledged to keep policy supportive for now to encourage an ongoing jobs recovery.

The Fed also made technical adjustments to prevent its benchmark interest rates from falling too low. It raised the interest rate it pays banks on reserves – the IOER – held at the U.S. central bank by five basis points, and also lifted to 0.05% from zero the rate it pays on overnight reverse repurchase agreements, used to set a floor on short-term interest rates.”

Stock market data: Reuters

Stock market live update

At 2.51 PM ET time the US stock market is declining. The US dollar is gaining versus the Euro.

S&P 500: 4,205.86,-40.73(-0.96%)
Dow 30: 33,936.50,-362.83(-1.06%)
Nasdaq: 13,938.48,-134.38(-0.95%)
Russell 2000: 2,304.59,-15.48(-0.67%)

Stock market data: Yahoo Finance

Stock market and the car service example about investing


Stock market investing

The stock market has many opportunities for investing but also too many risks and dangers. Do you have an investment plan and investment approach about how to select stocks, either the stocks to buy or stocks to sell? Or do you invest in stocks randomly? Buying meme stocks wishing they will move higher and make a quick and lucky profit for your investment. How do you choose stocks to invest in? Speculate? Or perform due diligence, analyze the fundamentals and maybe even check the technical analysis of stocks you are most interested in?

Stocks to invest in

What about you car and the service it requires? Do you go to an authorized mechanic who has the experience and kwoedge and mostly your trust or do you trust the service of you car to an unknown person without the proper qualifications hoping nothing wrong could happen?

It is the same principle about the stock market, and stocks to invest in. Do you buy stocks or sell stocks based on luck? Or or news or even worse or some dubious social media or Reddit forums that ofhen use the illegal pumd-and-dump scheme in pushing stocks with poor fundamentals and often too overvalued just to shake the traditional stock market system and cause another short-squeeze?

There are amny stocks today, stocks to watch and public companies to invest in. Do your homework first. Apply a logical and thorough investment approach. The US stock market hides too many risks among the opportunities.

Stock market today June 10, 2021


Stock market today

A mixed close today for the US stock market. S&P 500 made a new record high, Dow Jones closed flat, Nasdaq outperformed and small-cap stocks underperformed. Meme stocks today crashed. The closing numbers for the US stock market today follow.

S&P 500: 4,239.18,+19.63(+0.47%)
Dow 30: 34,466.24,+19.10(+0.06%)
Russell 2000: 2,311.41,-15.72(-0.68%)

Stock market news

“Stocks rose Thursday as traders digested a key print on inflation, which showed consumer prices rose faster than expected as demand surged during the recovery.

The S&P 500 rose to a fresh all-time high. The Nasdaq topped 14,000 for the first time since May 3, and the Dow also increased.

The Bureau of Labor Statistics’ May consumer price index registered a faster than expected rise in inflation last month. Headline consumer prices were up by 5.0% over last year, topping Wall Street’s estimates for 4.7% and accelerating from April’s 4.2% rise. This also marked the fastest increase in the CPI since 2008. And excluding more volatile food and energy prices, the so-called core consumer price index was up 3.8%, also ramping up from the 3.0% increase from April.

Treasury yields moved higher following the report after dipping a day earlier following a more tepid than expected print on consumer price inflation out of China. After the U.S. CPI report on Thursday, the 10-year Treasury yield jumped more than 4 basis points to above 1.53%, reversing course after falling below 1.5% a day earlier.

The consumer price index serves as just one measure of price trends in the U.S. economy. However, it has taken on added significance as supply chain disruptions and shortages and surging demand during the recovery have begun to produce discernible price increases for consumers. And recently, both producer price indices and core personal consumption expenditures have come in stronger than expected. For investors, the stickiness of recent inflationary trends has been a point of considerable attention, given that longer-lasting price increases could spur a move by the Federal Reserve to tweak its ultra-accommodative monetary policies.

“In the past two months, everything the market priced in has essentially happened. COVID is effectively over here in the United States, we’re not getting anymore stimulus, the Fed is going to start tapering,” Tom Essaye, president of Sevens Report Research, told Yahoo Finance on Wednesday. “So the market and investors are sitting around and saying, what’s next? Well the what’s next is, is inflation temporary … and more importantly, how is the Fed going to handle tapering, and are they going to mess it up?”

Stock market data: Yahoo Finance

Stock market today June 8, 2021


Stock market today

Dow Jones and S&P 500 end the day flat, Nasdaq with marginal gains and Russell 2000 with gains of 43 points or about 1.0% as small-cap stocks outperform. The closing numbers for the US stock market today are:

S&P 500: 4,227.26,+0.74(+0.02%)
Dow 30: 34,599.82,-30.42(-0.09%)
Nasdaq: 13,924.91,+43.19(+0.31%)
Russell 2000: 2,345.21,+26.04(+1.12%)

Stock market news

“Stocks were little changed Tuesday as traders considered a batch of new economic data, much of which pointed to ongoing labor shortages in the U.S. economy during the recovery.

The S&P 500 ended near the flat line to come within striking distance of its all-time high. The Dow fluctuated ended slightly lower, while the Nasdaq edged higher.

More signs of labor shortages emerged, with employers scrambling to find qualified workers to fill positions and meet surging demand during the post-pandemic recovery. The Bureau of Labor Statistics reported that job openings soared to a record more than 9 million in April. And a separate new sentiment survey showed a record 48% of small businesses reported that they had unfilled job openings last month.

Investors this week have also been digesting more signals from officials over the path forward for monetary and fiscal policies as the economy rebounds from the pandemic, and what these might suggest for interest rates and corporate earnings. Treasury Secretary Janet Yellen said over the weekend that higher interest rates “would actually be a plus for society’s point of view and the Fed’s point of view,” according to an interview with Bloomberg.

Traders, however, have been less convinced. Higher interest rates could weigh on stock valuations, and additional corporate tax reforms could additionally cut into profits for major companies. Amazon (AMZN) shares fell on Monday following a report that Group of Seven finance ministers were looking to include the e-commerce giant in new global tax proposal. And investors continue to eye negotiations between President Joe Biden and members of Congress for his multi-trillion-dollar infrastructure proposal, which would likely be funded in part by increased corporate taxes and may come in the form of a raised corporate tax floor.

Still, some strategists suggested investors’ concerns around the headline issues of inflation and tax reform may be overblown. A solid economic growth backdrop may help outweigh some of these rate or policy headwinds.”

Stock market data: Yahoo Finance

Stock market investing and the role of technical analysis, exclusive interview with CEO of CMT Association

CMT association
CMT association, stock market, investing and the role of the CMT designation

The role of CMT designation in the investment industry and what you should know about key aspects of the CMT designation

This is an exclusive interview Mr. ALVIN KRESSLER, Executive Director and CEO of the CMT Association gave to me in June 2021. I thank very much Mr. ALVIN KRESSLER for his time and answers to my questions related to the CMT designation and CMT Association.

The CMT Association is the leading provider of technical analysis education and networking centered around price behavior and market statistics.

CMT Association Interview

  1. Q: What are the CMT designation and its history?
    A: The CMT Association began in New York in the 1970’s as an informal meeting of a group of technical analysts. Ralph Acampora, John Brooks and John Greeley are credited as the founders. The original 18 members incorporated the CMT Association as a not-for-profit association in 1973.
    The organization authorized a certification program and began developing and administering exams in the mid-late 1980’s. Charters were awarded to the first graduates of the CMT Program in 1989.
    In 2005, the Financial Industry Regulatory Authority (FINRA) submitted a rule filing with the U.S. Securities and Exchange Commission to accept the CMT Program levels 1 and 2 exams as an alternative to the Series 86 examination required of financial analysts.
    The Chartered Market Technician® (CMT) designation marks the highest education within the discipline of technical analysis and is the preeminent designation for practitioners of technical analysis worldwide.
  2. Q: What benefits does CMT designation have for someone looking to obtain it, what are the main careers and their applications in the modern investment industry?

A: Our market philosophy is grounded in behavioral economics and extends beyond classical pattern recognition techniques to include quantitative approaches to market research and rules-based trading system design and testing. Technical analysis provides the tools to successfully navigate the gap between intrinsic value and market price across all asset classes through a disciplined, systematic approach to market behavior and the law of supply and demand.

Earning the CMT demonstrates mastery of a core body of knowledge of investment risk in portfolio management.

Core roles for holders of the charter include – Portfolio Manager, Securities Analyst, Trader, Financial Advisor, Risk Manager

3.Q: CMT Association integrates CFA Institute’s Code of Ethics and Standards of Professional Conduct, how did this partnership materialize, and what other future benefits may arise from this development?

A: The adoption of the CFA institute’s Code of Ethics and Standards goes back around a decade.  Really was a recognition of both organizations having very similar standards.  We decided it was an area where we didn’t need to develop our own set of standards independently. 

4. Q: How rigorous and tough is the CMT designation? What is some important information such as cost, what is the time dedicated to complete it and how often the exams are held? Is there a minimum passing score?

A: The CMT program is 3 exam levels, each given twice a year, June and December.  A simple way to think about each level is: Level 1 is foundational and definitional; Level 2 is definition and application of concepts, and; Level 3 is integration of concepts into security selection, risk management etc. 

Study time is a bit subjective and dependent on the person but, generally level 1 requires 80-110 hours of study time; level 2 generally requires 100-130 hours of study, and; level 3 requires 100-130 hours of study,

Pass grades are a bit complex as these are benchmarked exam  to exam to ensure a consistent level of difficulty… For Levels I and II, the passing scores will vary with each exam depending on the set of questions used and how those questions perform. Both before and after each exam, questions are reviewed for accuracy and comprehensibility. After the test is complete the data from all test scores are given a psychometric review. This review process forms the basis for establishing the passing scores. In the past, these exams had a fixed passing score at 70% of possible points. That amount is still a default target for exams, but with the post-exam review process, the actual cut score may vary by one to three percentage points. The new process allows us to more effectively equate the difficulty of the current exam to a relevant benchmark–a past exam or set of exams. This allows us to adjust scores depending on the degree of difficulty of each exam.

The Level III exam review process takes more time due to the short-answer structure of the questions. The short-answer questions are written by a team of subject matter experts, then reviewed by a second group of subject matter experts. Similarly, each test is graded by two graders working independently. The passing score is then determined by the point distribution of exams taken at that administration.

5.Q: Why someone should pursue the CMT designation?

A: For many people TA is a complementary toolset as most candidates have had significant exposure to fundamental analysis (mostly taught in business schools).  From our survey work, those who have obtained the charter report back that after earning the charter they have:

  • Been promoted,
    • Gotten a new position,
    • Been given more responsibility,
    • Unsolicited recruiter contact,
    • Increased salary and/or bonus payments

6.Q: Fundamentals vs technicals. Some say they are a complement to each other, some that it is mutually exclusive. What is your opinion?

A: See #22.

7.Q: What additional benefits such as research and analysis do you offer on the CMT Association website for your members and prospective candidates?

A: Lots of continuing education and knowledge opportunities in the form of bi-monthly webcasts (sometimes this becomes weekly), local chapter meetings and opportunities to network, larger format conferences both in-person and virtually, an annual scholarly publication of research papers on technical analysis topics, a monthly member newsletter as well as a large knowledge base video archives.

8.Q: Is the exam globally available? Are there local societies in many countries? What is the growth of the members?

A: The exams are computer based, we deliver them through our partner, Prometric, which has test centers in most major cities around the world.  Additionally, for the December 2020 exam, and ongoing, we introduced through Prometric remotely proctored exams.  This gives candidates the opportunity to take the exam wherever they have high speed, stable internet access and can meet certain test enviroment conditions (private location with no other electronics in the room the main requirement – but details on that can be found here:  CMT Exams via Remote Proctoring with Prometric’s ProProctor (cmtassociation.org)

9.Q: Meme stocks, dogecoin, and other assets had a surge in 2021. How technical analysis can protect investors, traders make sophisticated and well-researched investments rather than just speculate?

A: I would say “protect” is the wrong word, the key is TA gives you a toolset that if consistently and systematically applied gives you the tools to minimize losses and maximize your return opportunities.

10. Q: What do you consider are the most important technical analysis advantages? And its disadvantages?

A: Advantages: Technical analysis is applicable across markets without the necessity of working through pages of studying arcane notes and numbers that are different for each market.  Technical methods are very useful for generating risk profiles and plans, identifying key price levels to be monitored for exits. 

Disadvantages: Technical analysis is dependent on liquid markets and publicly available trading data (price, volume, open interest, etc.) and is therefore of limited use for new issues and private markets.

11. Q: What are technical analysis and its importance in the modern investment industry?

A: See #’s 10 and 22

12. Q: What challenges, opportunities do you see in the investment industry today and in the future? What are your insights?

A: One of the biggest challenges is intertwined with a significant opportunity.  The increased democratization of trading and investing has given novice individuals the opportunity to invest in the same securities and markets as institutional investors.  This risk is that the novice is given access to margin, options and other leverage type products where the losses when incurred can exceed the amount invested.  And lacking the tools and how to use them can lose more than they can afford to lose.  In some regard it’s analogous to letting a $5 blackjack bettor play the high roller table in Atlantic City or Las Vegas, they may win a few hands, but in all likelihood, they will lose everything they came with and if they got credit even more.

13. Q: Someone can learn technical analysis but may not need to be certified as a technical analyst. What single argument would you give to someone to get certified?

A: We’re happy to help people learn technical analysis, the certification / charter however is for finance professionals.  The charter and continued use of the charter require an individual to maintain proficiency, I.e. continuing education.  The ability to continuing to use the charter signals to the market place that you have learned a body of knowledge and are continuing to develop your knowledge and skills

14. Q: What are the most common jobs for a technical analyst? Is there any estimate of the salary increase for a certified technical analyst compared to a non-certified one?

A: See #2

15. Q: How can someone be sure whether the Chartered Market Technician Program is right for him/her?

A: Really is an individual assessment, however, if you are looking for a way to add a systematic risk management to your investment process I would say the program is definitely for you.  Many portfolio managers and analysts can wax poetically on why they invested in a security, however, they have no clue on why they or when they should exit. 

16. Q: Does the CMT program curriculum cover all aspects of studying for passing the CMT exams? Are there any suggested readings?

A: The program books available through our publisher Wiley and most bookstores (including Amazon) contains everything you need for the exams.  We also have a partnership with Optuma that gives you access to an institutional level charting platform while you are registered for an exam.  This gives you the opportunity to see and test the concepts in real time on the same platform professional investors and traders use.

17. Q: You have an Academic Partner Program. Can you share more details on this?

A: We have been working for over forty years to advance the discipline of technical analysis through education and application of the highest professional standards. In an effort to advance our mission the CMT Association established an Academic Partner Program to promote technical analysis education at colleges and universities worldwide.

The program is available to academic institutions that provide accredited graduate or undergraduate finance degrees and include courses focused on technical analysis. There are no fees associated with a University or College becoming an Academic Partner.  The fact sheet can be found here  2021-CMT-APP-Fact-Sheet.pdf (cmtassociation.org)

18. Q: You have volunteer opportunities on your website. What areas do they cover and how can some get engaged?

A: There seems to be an endless supply of volunteer opportunities, members just simply need to go to the “Volunteer Opportunities” link under membership  or about and fill out and application letting us know their interests and we can get them intouch with the leaders for those activities. 

19. Q: Do you organize annual worldwide summits for networking opportunities?

A: Prior to the pandemic we held an in-person symposium annually in New York City, we hope to be able to start that again in 2020.  Additionally, in 2019 we introduced a Summit in Mumbai, India that we moved to virtual in 2020 and expect it to be that way again this fall with a resumption of an in-person APAC Summit in the fall of 2022.

20. Q: What is the best way and advice for someone to study for the CMT program? Is it self-study? How many hours should someone devote per level of the exam? Do you suggest any third-party providers as test preparation services?

A: It really is up to the individual and their study habits.  Some people are fine with self-study, others need a structured course to help them.  We don’t offer a study course, however, on our website we do have a listing of Prep Providers who have agreed to abide by a set of guidelines (can be found here: CMT-Prep-Provider-Guidelines.pdf (cmtassociation.org) ).  That list can be found here and includes online only to only in-person programs.  Participating CMT Program Test Prep Providers – CMT Association

21. Q: What is the future of the CTM Association as you visualize it and what are the main goals to achieve?

A: First is to continue to provide to our members and candidates a high level of service and content for their use to improve themselves as technical analysts.  Second, to expand the recognition and adoption of technical analysis in the industry, at both firms and regulators, and in academia.

22. Q: Is technical analysis applicable to all financial assets? What are its limitations? And strengths?

A: As noted in the answer to #10 above, technical analysis is applicable to any and all capital markets with adequate liquidity and the availability of timely public price data.  Equities, commodities, currencies, fixed income – technicians are active in all these markets.  Of course, the type of market data available and the speed with which it is delivered, even trading hours, vary between markets and countries, but technical methods have been adapted for all these variations.

23. Q: Some traders, investors rely only on fundamentals, some only on technical analysis. What is your opinion on this and what do you think is the best approach to investing and trading?

A: Traders and investors should always use what is productive for them, those which are useful in identifying opportunities and managing risk.  For many, that means combining fundamentals to identify value with technicals to time trades and manage risk.  But there are many who approach markets from only a fundamental or technical perspective.

24. Q: What is the future of technical analysis and what challenges do you see with all this technological advancement and all this plethora of software, programs, to help an analyst, trader make investment decisions?

A: The software and programs will help you structure and analyze the data (they are tools), however you still need to understand what you are looking at and in the context of the environment the prices and other information are being generated.

25.  Q: Getting the CMT designation is about understanding the core principles of technical analysis and making sound investment decisions. Is this suitable for many different timeframes and investors according to their risk tolerance or is there a preference towards short-term investing rather than long-term investing?

A: Technical methods have often been thrown into the category of short-term or day-traders tools.  This was never really accurate.  Technical methods are applicable to the full range of time frames.  To be sure, each technician will adapt and use tools that fit with their trading horizon but there is no barrier to the use of technical analysis by either the long-term investor or the short-term trader.

26. Q: There are many types of bias for analysts and investors such as overconfidence. What are the most common types of biases for someone getting the CMT designation, and what advice would you give to avoid these biases?

A: Technical analysts, like other analysts, are only human.  Overcoming biases begins with recognizing how they affect us as individuals and how they might affect the traders in general.  Technicians have been pioneers in developing objective systems that can be tested on historical data and then implemented according to strict rules.  This approach helps overcome many of the biases to which we all fall victim.  Whether using rigorous systems or other “weight-of-the-evidence” decision making, technical analysis was built on the recognition that behavior and emotion are critical inputs to price action.