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LOUISE YAMADA, CMT
Louise Yamada is Managing Director of Louise Yamada Technical Research Advisors
(LYA) founded October 2005. Previously Louise was Managing Director and Head of
Technical Research for Smith Barney (Citigroup). Louise has been a perennial leader in
the Institutional Investor poll, and was the top-ranked market technician in 2001, 2002,
2003 and 2004 prior to her departure from Citigroup.
At LYA Louise has made major calls on: The onset of the relative strength decline of
the Financial sector (with reports starting March 2007); the oncoming decline of the U.S.
dollar (with a report, “The U.S. Dollar – Losing Reserve Status?” in 2006); the continued
structural bull market for Gold (from 2002); her 2004 Alternate Hypothesis that today's
equity indexes could track the 1932-1939-1942 stock market; Bonds, the last 20+-year
trend yet to reverse (2006); and many other key calls on the domestic and foreign stock
markets, on energy, interest rates and commodities.
At Smith Barney for 25 years, in her years as head of Technical Research, Louise
authored a weekly flagship report "Market Interpretations". It was there in 1999-2000
that she identified the developing structural bear market in the equity markets, and the
Technology / dot.com collapse; the lift in gold in 2001-02 for a new structural bull
market; the small- and mid-cap outperformance leadership in 2002; the emerging
structural Energy bull in 2004; and other major 20 plus-year structural reversals then
taking place, and not seen since 1980-82.
Additionally, Louise penned several notable reports, including "Bull Market Extension?
There is Historic Precedent" (1994) and "New Horizons for the 21st Century" (1996),
both the subject of feature interviews in Barron’s on May 8, 1995 and September 9,
1996, as well as the special 1999 TRENDS report "Shifting Sands," projecting major
long-term structural trend shifts that are still in progress.
She is also the author of "MARKET MAGIC: Riding the Greatest Bull Market of the
Century" published by John Wiley & Sons, released in March 1998 and reviewed as
"The thinking bull's bible" and "a monumental book, one that all serious and
professional investors should read."
Louise's Special Features at LYAdvisors have included:
2005: |
A “Less Americentric” World; Bull Bear Hybrid. |
2006: |
Long Shadows on the U.S. Dollar (losing reserve status?) |
2007: |
Anatomy of a Top;
Financials Sector Bull Market Over;
NASDQ New Leaders -- Technology |
2008: |
U.S.Stock Market ... Next Leg Down.
Financials Decline is a Long Term Structural Event
Expectations of a Structural Bear Market |
2009: |
Anatomy of a Bottom
Gold -- The Structual Bull Journey
Long-Term Momentum Buy Signals Complete |
2010: |
Setting the Stage: Preparing a Mind Set for a New Structural Rising Interest
Rate Cycle (in February)
Demographics, Equities and the Long Wave Cycle
Commodities: Inflationary Forces Still Moving to consumer Essentials
(Food, Water, Energy) Energy Regains a Footing |
Louise is a Chartered Market Technician and a member of the Market Technicians
Association, the American Association of Professional Technical Analysts and the
Financial Women’s Association. Louise appeared as a special guest on "Louis
Rukeyser's Wall Street" and appears frequently on Bloomberg TV and Radio, CNBC
and BNN TV as well as in print and online media including Barron's, the Wall Street
Journal, the New York Times and the Financial Times. She is a frequent guest speaker
at conferences and organizations, including the 2009 Fall Conference of the National
Organization of Investment Professionals and the 2010 FEI NYSE forum. Louise
received a B.A. from Vassar College and an M.S. from Bank Street College of Education.
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