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2015-2016 Schedule

Meeting # 1:


Charlie Bilello
Director of Research - Pension Partners LLC
Date: September 15, 2015
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza
Topic: Generating Alpha: Predicting Stock Volatility and Corrections


Charlie Bilello, CMT, and Michael A. Gayed, CFA, of Pension Partners, LLC co-authored two award-winning papers in 2014 that challenge the efficient market hypothesis by revealing market anomalies that have persisted over time. In separate papers, they focus on the utilities sector and Treasury bonds, providing a systematic way to outperform the market on an absolute and risk-adjusted basis. Importantly, they also show how the unique behavior of utilities and Treasuries can be used to anticipate periods of higher volatility and market corrections. Their work has important implications for both asset allocators and active managers.

Join Charlie Bilello, CMT, co-author of these papers as he presents their research and provides practical ways of active tactical asset allocation using the signaling power of Utilities and Treasuries.

Charlie Bilello, winner of the 2014 Charles H. Dow Award and 3rd Place Winner of the 2014 Wagner Award, is the Director of Research at Pension Partners, LLC.  Mr. Bilello is responsible for strategy development, investment research and communicating the firm’s investment themes and portfolio positioning to clients.  Prior to joining Pension Partners, he was the Managing Member of Momentum Global Advisors, an institutional investment research firm. Previously, Mr. Bilello held positions as an Equity and Hedge Fund Analyst at billion dollar alternative investment firms, giving him unique insights into portfolio construction and asset allocation.

Mr. Bilello holds a J.D. and M.B.A. in Finance and Accounting from Fordham University and a B.A. in Economics from Binghamton University. He is a Chartered Market Technician (CMT) and a Member of the Market Technicians Association. Mr. Bilello also holds the Certified Public Accountant (CPA) certificate.

Meeting # 2:


Barry Burns
Top Dog Trading
Date: Oct 20, 2015
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza

Dr. Barry Burns is a business man who has owned several small companies. His business background had taught him to focus on the bottom line, so his study of the financial markets was for one purpose only: to make profits.

He started his study of the markets under the direction of his father, Patrick F. Burns, who became independently wealthy through trading and had over 70 years of trading experience before passing away in 2005.  He furthered his education by reading over 100 books on trading and investing, and spent over $50,000 in trading courses and education.  In addition, he hired three professional traders to mentor him personally. He even flew to Chicago to work with a former floor trader at the Chicago Mercantile Exchange.

All of this research and study resulted in insights which eventually led to the development of his own methodology.


A brief outline of accomplishments:

    * Author of "Trend Trading For Dummies" (Pulisher: Wiley, 2014)

    * Author of Top Dog Trading 5 Energy Methodology Plug-in for MetaStock

    * Received several years of Readers Choice Award for "Technical Analysis Web Sites" and "Trading Schools"

       by Technical Analysis of Stocks and Commodities Magazine.           

    * Given seminars around the country at many Wealth Expos and Traders Expos

    * Interviewed on the Robin Dayne “Elite Masters of Trading” Radio Show.

    * Published many articles for various outlets including eSignal Central.

    * Currently one of the featured Experts at Trader Kingdom.

    * Founded Top Dog Trading, to help students shorten their learning curves in becoming traders.

Meeting # 3:



RJ Fruth                                                                                                                                                          Fruth Investment Management

Nov 1
7, 2015
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza

Richard has been in the investment business since 1970. He founded Fruth Investment Management in 1992, and currently serves as President and Chief Investment Officer. Before starting his own company, Richard managed investments for clients and headed a brokerage office for Paine Webber. He previously served in a similar capacity with Drexel Burnham Lambert. Richard began his professional career at the Celanese Chemical Company and is a licensed Professional Engineer, earning a B.S. in chemical engineering from Michigan State University. He is a member of the Market Technicians Association and the American Association of Professional Technical Analysts.

The proprietary Fruth-Sentiment Indicator is used to help pinpoint important lows in the market that may indicate buying opportunities for selected companies.   The goal is to remove emotion from the buying and selling process and stay focused on long-term investment goals, buying when the market has peak pessimism.

Markets that overshoot on the upside also overshoot on the downside. The Fruth Sentiment-Indicator identifies scenarios in which we can identify those market bottoms that create excellent buying opportunities.

Used by Richard for over a quarter of a century as an integral part of his investment process, this method has proven to be a very reliable indicator of investor sentiment. Individual investors historically are most optimistic at the market tops and most pessimistic at the market bottoms.


Meeting # 4:


Ian Naismith

Investment Portfolio Solutions, Inc.

Naismith Trading Labs, Inc.

December 15, 2015

Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza

Market History and how it may impact future direction

One word for sure = volatility.

Bring your questions and comments. We will have an open discussion


Ian Naismith owns Investment Portfolio Solutions, Inc. and Naismith Trading Labs, Inc., and licenses trading signals to financial institutions in the global areas of equities, debt, commodities, curriencies, and special situations. Also he is currently Chief Technical "Animalyst" for MBS Highway..

He has created and operated two registered investment advisory firms; created and co-managed a global currency mutual fund - Currency Strategies Fund; was a contributing author to "Technical Analysis in the FX Markets" (published by the Technical Analyst, UK), and has been the January cover story in FOREX Journal (published in Singapore) five years in a row - including 2014. He has developed tradg indicators, indexes, and consults mutual funds, registered investment advisers, and financial product manufacturers. He is frequently quoted in most major financial publications and is a regular speaker at major financial industry conferences.

Naismith is an honorary board member, past president and chairman of the National Association of Active Investment Managers (NAAIM) which represents about $35 billion under management. He likes creating experiences with his family, exotic cooking, the outdoors, traveling, and is an avid music composer and collector.

Meeting # 5:


Ed Butowsky
Managing Partner - Chapwood Investments LLC
Date: January 19, 2016
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza
Topic: "What To Expect From The Markets in 2016"
Ed is a local financial manager with several $Billion under management.  He can regularly be seen on the national cable Business shows.  He is known for his straight talk and ability to simplify complex issues.  Join us to hear what Ed is thinking about the markets in 2016, what to buy/sell, stay away from, and what may or may not transpire.  Bring your questions and learn some things to consider on your portfolio for 2016.
Ed Butowsky is an internationally recognized expert in the wealth management industry. Ed is known for his unique ability to analyze the current political environment or world wide current events and explain how it affects investment portfolios.

Ed has been in the financial services industry for more than 25 years, and started his career with Morgan Stanley, where he was a Senior Vice President in private wealth management. During his 18-year career there, he became the firm’s top producer nationally, as well as the first advisor to surpass one billion dollars in assets under management. He also was recognized as a member of both the Chairman’s Club and the Equity Club, a distinction reserved for only the top advisers at the Morgan Stanley.

Through his work with professional athletes, Ed was prominently featured in the
Sports Illustrated 2009 article, “How (and Why) Athletes Go Broke,” which became one of the most widely read articles in Sports Illustrated history. Additionally, Ed was featured in the film “Broke,” an ESPN 30 for 30 documentary chronicling professional athletes and their monetary experiences based in part from the Sports Illustrated 2009 article.

Ed is a frequent guest speaking about financial world wide current events on CNN, ABC, CBS, NBC, CNBC, Fox Business News (as a Fox Business Financial Adviser Analyst), FOX News Channel (as a Fox News Financial Adviser Analyst), Bloomberg TV and China TV, and has made hundreds of appearances on national television. He frequently is seen on “Varney and Co”, “Closing Bell”, “Street Signs”, “Your World w/ Cavuto”, “America Live” with Megyn Kelly, “Willis Report”, “America’s News HQ”, “Taking Stock” with Pimm Fox, TheBlaze TV with Glenn Beck, and “Wilkow!” with Andrew Wilkow. Ed is also regularly heard on radio shows around the country, such as “Mad Dog Radio” and “Bloomberg Radio,” discussing wealth management and world wide current events relating to finance and investing.

Butowsky launched Chapwood Investments, LLC in 2005, a private wealth management advisory firm focusing on providing comprehensive financial counseling and investment advice to wealthy families and individuals.

Meeting #6:
Speaker: Jeffrey A. Hirsch
CEO of Hirsch Holdings and Editor-in-Chief, Stock Trader's Almanac
Feb 16, 2016
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza

Tactical Investing & Sector Rotation Using Seasonal Patterns

Jeff will discuss tactical Investing and sector rotation using seasonal and cyclical patterns from the Stock Trader's Almanac.  Jeff will also discuss other fundamental, technical, economic, psychological and political factors that are impacting the markets today.  He will show the Best Six Months Switch Strategy and how to rotate in and out of sectors with the the highest probability for maximum returns using fundamental and technical analysis in conjunction with seasonal and cyclical trading strategies, economic trends and historical patterns.  As detailed in the Stock Traders Almanac and Almanac Investor Subscription Service, we will pinpoint entry and exit prices for highly correlated ETFs and top-ranked small, mid, and large cap stocks.


Jeffrey A. Hirsch is CEO of Hirsch Holdings, the editor-in-chief of the Stock Trader's Almanac and Almanac Investor eNewsletter at He contributes to Investment Committee Consultant for Probabilities Fund Management, LLC and is a Yahoo Finance contributor.

He is the author of The Little Book of Stock Market Cycles (Wiley, 2012) and Super Boom: Why the Dow Will Hit 38,820 and How You Can Profit from It (Wiley, 2011).

Jeffrey Hirsch is a 25-year Wall Street veteran.  He took over the Stock Traders Almanac from founder Yale Hirsch in 2001 and regularly appears on CNBC, Bloomberg, Fox Business, and many other financial media outlets.  He is quoted extensively in major newspapers and financial publications

Created by Yale Hirsch in 1967, the Stock Trader's Almanac has delivered money-making insights and strategies to investors for more than six decades. The Almanac originated such important market phenomena as the "January Barometer" and the "Santa Claus Rally" and was instrumental in popularizing other tradable strategies, such as "The Best Six Months Strategy" (commonly known as "Sell in May and Go Away") and the four-year Presidential Election Cycle.  Jeffrey has carried on his father's tradition of constantly improving the Stock Trader's Almanac and has been tireless in his efforts to explain how investors can use the Stock Trader's Almanac to beat the market.

Meeting #7:

 Dr. Michael Williams

Date: March 15, 2016
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza


Dr. Williams has a degree in Economics (dual minors in Mathematics and Finance), a Masters of Business Administration, a Masters of Science in Economics (concentration in Econometrics), and a PhD in Finance from the University of Texas at San Antonio. Michael's specialization in his PhD program was financial market microstructure and the application of time-series financial econometrics to uncover market dynamics and interrelationships.

Relying on more than a decade of expertise in studying asset market pricing, dynamics, and efficiency, Dr. Williams helps traders unleash their quantitative edge through his revolutionary consulting firm, Williams Analytics LLC. Michael started Williams Analytics after seeing the massive disconnect between industry practices and the innovations actively being pursued in the academic literature. Capitalizing on this disconnect, Michael has modeled Williams Analytics as a full-service quantitative consulting firm dedicated to providing the latest, most rigorous advances in academia to non-academic market participants, all at a reasonable value.

Williams Analytics helps its clients monetize the gap between the latest breakthroughs in academic finance and current industry practice. It does this by sifting through reams of relatively-untapped advances in finance, economics, and statistics all to create one of a kind trading strategies and market forecasts.

In addition to his work at Williams Analytics, Dr. Williams is an assistant finance professor in the Chicagoland area and is active in publishing peer-reviewed articles on financial market microstructure, cross-market price discovery, market efficiency, and much more.

Meeting # 8:
Speaker: Tina Logan

Date: April 19, 2016
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza


Tina Logan has over 22 years of combined experience as a trainer in corporate settings and as a coach for traders.  For several years she has provided stock market training through private tutoring, books, e-books, and individual and group online sessions.


Tina was a contributing author to Stephen Bigalow’s book, High Profit Candlestick Patterns (2005).  She subsequently authored Getting Started in Candlestick Charting (Wiley & Sons, Inc., 2008) and Profiting from Market Trends (Wiley & Sons, Inc., 2014).  She has also contributed articles on charting and trading at

Tina is primarily a swing trader, but occasionally day trades, as well as holding longer-term positions.  She began trading by timing mutual funds in her retirement account before moving on to trading stocks.  She left the corporate workplace in early 2000 in order to pursue her passion for trading, training and continuous study and analysis of the stock market, and coaching traders.


Tina’s course attendees range from beginners, who aspire to enter this challenging business, to more experienced traders who wish to improve their returns and fine-tune their trading skills.

Her trading philosophy:
    1.  Be steadfastly vigilant with money management.  Controlling risk is crucial in order to survive, and ultimately thrive in the market.
    2.  Strive to capture a sizable portion of the trend you are trading, whether it is a short, intermediate, or long-term trend.
    3.  Let the broad market be  your guide.  Adjust techniques to meet the prevailing market conditions.


Meeting # 9:
Speaker: Gary Antonacci
Date: May 17, 2016
Time: 7:00 p.m. (Registration 6:30)
Duration: 2 hours +/-
Location: Crowne Plaza

Gary Antonacci has over 35 years’ experience as an investment professional focusing on underexploited investment opportunities. His innovative research on momentum investing was the first place winner in 2012 and the second place winner in 2011 of the prestigious Wagner Awards for Advances in Active Investment Management given annually by the National Association of Active Investment Managers (NAAIM).

His research introduced the investment world to dual momentum, which combines relative strength price momentum with trend following absolute momentum.

Mr. Antonacci is developer of the dual momentum-based Global Equities Momentum, Environmental, Social, and Governance Momentum, Dual Momentum Fixed Income, and Dual Momentum Sector Rotation models and author of the award-winning book, "Dual Momentum Investing: An Innovative Approach to Higher Returns with Lower Risk.   He is recognized as a foremost authority on the practical applications of momentum investing.

Gary received his MBA degree from the Harvard Business School in 1978. Since then, he has concentrated on researching, developing, and applying innovative investment strategies that have their basis in academic research. He serves as a consultant and public speaker on asset allocation, portfolio construction, and advanced momentum strategies.




























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This information is produced by the Association for Technical Analysis (AfTA) and is intended for the private use of its members only. Although reasonable care is exercised in presenting the information contained herein, AfTA does not make any guarantee or other representation as to the accuracy or completeness of such information, nor that use of any such information will result in profits or prevent losses. Neither the Association nor its Officers assume any responsibility whatsoever for errors or omissions. Comments or materials presented do not necessarily reflect the opinion of AfTA or its Officers, nor does it constitute an endorsement of any products or services mentioned. 


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