“HOW TO USE MACD IN YOUR TRADING: PEARLS, PITFALLS & A HIGH-YIELD BOND STRATEGY”
- Main Program 8:30am – 10:15
- SIGs begin at 10:30am
- Joint meeting with AAII
President, Signalert Asset Management
The moving average convergence/divergence indicator (MACD) has remained a popular trading tool since Gerald Appel developed it nearly 40 years ago. This presentation will introduce the indicator and describe how you can use it as a trend-following indicator so you can jump on board with potentially strong market trends. Marvin Appel will also discuss using MACD to identify when the market is overextended and likely to change direction. In the second part of the talk, Appel will present a strategy for trading high-yield bond mutual funds designed to remain invested during the majority of the time that the market climate is favorable, while reducing exposure to the significant corrections that batter high-yield bonds from time to time.
YOU WILL LEARN
- How to use the moving average convergence/divergence indicator (MACD) to identify market trends
- How to use MACD to identify potential reversal points
- How to trade high-yield bond mutual funds
Marvin Appel is president of Signalert Asset Management in Great Neck, New York, which manages $220 million in client assets in mutual funds, exchange-traded funds and individual stocks and bonds using active asset allocation strategies. Appel originally trained as an anesthesiologist while concurrently earning a Ph.D. in biomedical engineering from Harvard University. In 1996, he changed careers and joined his father in the field of investment management. Appel is the editor of Systems and Forecasts, a highly regarded newsletter on technical analysis that his father, Gerald Appel, started in 1973. Appel’s books include “Higher Returns from Safe Investments: Using Bonds, Stocks and Options to Generate Lifetime Income” (Prentice-Hall, 2010), and “Investing with Exchange-Traded Funds Made Easy” (FT Press, 2006). Appel and his father also co-wrote “Beating the Market, 3 Months at a Time” (Prentice-Hall, 2005). Appel has been featured on CNBC, CNNfn and CBS MarketWatch.
Upcoming HIA Programs
The following programs are planned for future HIA meetings.
- March 10: Marvin Appel of Systems & Forecast . Main speaker at 8:30-10:15. Joint with Houston Chapter of AAII.
- Remainder of 2018: Second Saturdays of each month (unless otherwise noted) @ Trini Mendenhall Community Center
If you have suggestions for speakers or topics, please forward them to VP Programs: Jimmy Hixson JimmyHixson@houstoninvestors.com or one of the other Board members.
HIA meets at the Trini Mendenhall Community Center, 1414 Wirt Road, Houston, Texas 77055. There is ample free parking at the center. Room location varies, so look for notice on entry to the center.