November Meeting

SMTedLogo

Thursday,  November 5, 2015    @ 7:30 PM

The Ring House
1801 East Jefferson Street
Rockville, MD    20852

Main Presentation Speaker:

Carl Perthel,  CMT,
Portfolio Manager
American Asset Management Group
SMT member

Topic:

“THE HALLOWEEN INDICATOR: TRICK OR TREAT?

In the first part of his presentation, Carl will discuss the over-riding importance of price and its relationship to market participants during secular and cyclical bull and bear markets. He will explain why it’s important to know the differences between the “secular” and “cyclical” phases. The audience will examine present day price action in the equity benchmarks and what characterizes “bear” and “bull” markets based on past examples. Carl will discuss bear market causes and cures, the significance of not losing money, the importance of valuations in determining when these markets might start and end their particular phase and why presidential cycles may be a guide in ferreting out when bull and bear markets may occur. By examining the evidence in a forensic fashion, the audience will be asked to discuss the merits of the existing evidence leading to a lively discussion on where we may be in our current cycle.

The second part of the presentation will be an update to Carl’s presentation from last August, examining Wall Street’s axiom, “Sell in May and Go Away,” or what was originally termed the “Halloween Indicator” by the Financial Times in 1935. In this part of the presentation Carl will cover market seasonality in the equity markets, how price action pairs up with the Halloween Indicator and he will offer some ideas on how investors might be able to capitalize on this statistically significant phenomenon.

This meeting will NOT be recorded, so do not miss out on Carl’s insights!

Annual Dues were due at the October meeting. If you are not paid up, please bring a check to the meeting.

A reminder, our meeting will be held in the downstairs social hall and we will have WiFi available.

If you missed any of our Rockville meetings since June 5th, 2014, members can log on to the SMT web site and view the videos of the meetings in addition to downloading presentations.  Go to the “Archives” menu tab, then select “Meeting Videos”.

If you have missed our first two Online Meetings, members can log on to the SMT web site and view the videos by going to the “Archives” menu tab, then select “ On Line Meetings”.

NEW !   If you are new to AmiBroker software, we are creating a library of “How To” videos that explain how to accomplish many of the routine tasks in AmiBroker. Our goal is to have over 100 of these “How To” videos available for members.  Each video is less than 5 minutes in length and shows you how to do routine tasks from Creating a Watch List, to Adjusting for a Stock Split, in addition to many, many more.  Check it out!

SMT logo mugs will be available for purchase at the meeting.

The next line meeting has been postponed until January 2016 due to scheduling conflicts.