Thomas DeMark
Thomas DeMark | |
---|---|
Occupation | Founder and CEO of DeMark Analytics, LLC |
Known for | Technical analysis, DeMark Indicators |
Thomas DeMark is the founder and CEO of DeMark Analytics, LLC,[1] creator of the DeMark Indicators, and has been a special consultant to Steven A. Cohen of Point 72 Asset Management, formerly known as S.A.C. Capital Advisors,[2] for almost 20 years.[3][4][5] Mr. DeMark's indicators are used in the market timing and technical analysis of financial markets. Some of his indicators include the following: Sequential®, Combo®, Setup®, Setup Trend (TDST)®, Countdown®, Range Expansion Index™, D-Wave®, TD Lines™, Differential™ and Camouflage®.[3][4][5] DeMark’s recent stock market predictions include having forecast months in advance the October 4, 2011 US market bottom to within 1 point of the exact low[6][7] and the precise Shanghai Composite market low on December 4, 2012,[8] precise subsequent February 6, 2013 high,[9] then June low[10] and September 2013 high to the exact day.[11]
Mr. DeMark received his B.A. and MBA in Wisconsin and attended law school there as well from 1965 through 1972.[3] From 1972 to 1978, Mr. DeMark was an officer of National Investment Services (NIS), a multibillion-dollar pension fund manager. From 1979 to 1982, he was president of Financial Markets Consulting, a market-timing consulting subsidiary of NIS. In 1982, DeMark founded DeMark Investment Advisory, an advisor to many of the largest and most successful hedge funds, fund managers, mutual funds, and investment counseling firms. His clients included George Soros, Goldman Sachs, Union Carbide, IBM, Minnesota Mining, Steinhardt Partners, Atlantic Richfield, First Investors, Hoisington Investment, among many others. In 1988, DeMark became executive vice president of Tudor (Paul Tudor Jones), a multibillion-dollar hedge fund. In 1990, DeMark established a partnership with Chicago Board of Trade Treasury Bond legend[12] Charlie DiFrancesca ("Charlie D"). In 1990, DeMark and multibillion-dollar fund manager Van Hoisington[13][14] formed Devan Futures. In 1994, DeMark served as special advisor to Leon Cooperman, a $5 billion hedge fund manager. At the same time, DeMark formed Market Studies, a provider of DeMark's suite of market-timing software to data vendors, such as Bloomberg and CQG.[5][15] Formerly, Mr. DeMark was Chairman of Logical Information Machines (LIM).
In 2008, Steven A. Cohen, founder of Stamford, Connecticut-based Point 72 Asset Management, which manages $15 billion,[16] and John H. Burbank, founder of San Francisco-based Passport Capital LLC, which manages $4.1 billion,[17] became partners in DeMark Analytics, LLC. The firm has its headquarters in Scottsdale, Arizona.[18]
Mr. DeMark appears regularly on television,[19][20][21][22][23][24][25] and at seminars[26] around the world. Both he and the DeMark Indicators have been the subject of numerous feature articles in many widely circulated financial publications.[18][27][28][29][30][31][32][33][34][35][36][37][37][38][39][40][40][9][41][42][43][44][45][46][47][48][49][50][51][52][53][54][55][56][57][58][59][60][61][62][63][64]
On 14 April 2011, The Technical Analyst presented its 2011 Technical Analyst of the Year award to Mr. DeMark. The Awards Ceremony was held at the The Waldorf Hilton Hotel in London.[65] Also, on 13 May 2011, the Market Technicians Association invited Mr. DeMark to be their keynote speaker for the 2011 Annual Symposium on Going Global: Risk & Reward In International Markets at the New York Stock Exchange.[15][66][67]
Bloomberg Markets Magazine[68] featured Mr. DeMark in its December, 2012 issue. The article discusses the indicators Mr. DeMark developed to predict financial market movement based upon mathematical relationships. Oswald Gruebel, former CEO of Credit Suisse Group AG and UBS AG, Steven A. Cohen, founder of Point 72 Asset Management, John Burbank, founder of Passport Capital LLC, and Peter Borish, former director of research at Paul Tudor Jones’s Tudor Investment Corporation, were quoted among other users of the DeMark Indicators.[52][69][70]
The Market Technicians Association invited Mr. DeMark on 5 April 2013 to be their keynote speaker for the 2013 Annual Symposium at the Sentry Centers in New York City.[71] This was the second MTA Annual Symposium Mr. DeMark was honored for his market timing acumen and innovative mathematical models for decoding esoteric rhythm in data sets.[72][73]
References
- ↑ "DeMark Analytics, LLC". DeMark.com. Retrieved 26 January 2012.
- ↑ Copeland, Rob (March 11, 2014). "SAC Seeks a New Start as 'Point72'". The Wall Street Journal. Retrieved May 12, 2014.
- 1 2 3 DeMark, Thomas R. (September 1994). New Science of Technical Analysis. Wiley. ISBN 0-471-03548-3.
- 1 2 DeMark, Thomas R. (July 1997). Market Timing Techniques: Innovative Studies in Market Rhythm & Price Exhaustion. Wiley. ISBN 0-471-14978-0.
- 1 2 3 DeMark, Thomas R. (May 1999). DeMark On Day Trading Options. McGraw-Hill. ISBN 0-07-135059-4.
- ↑ Patterson, Michael (16 August 2011). "DeMark Says Stock Rally May Begin Within Weeks, European Banks Are 'Buys'". Bloomberg. Retrieved 16 August 2011.
- ↑ Wang, Lu (22 September 2011). "Tom DeMark Says Investor Panic To Abate Soon". Bloomberg. Retrieved 22 September 2011.
- ↑ Wang, Lu (4 December 2012). "DeMark Sees China Index Rally as Bears Exhausted Below 1,960". Bloomberg. Retrieved 4 December 2012.
- 1 2 Wang, Lu (7 February 2013). "DeMark Sees Shanghai Dropping 8% Before Resuming Rebound". Bloomberg. Retrieved 7 February 2013.
- ↑ Wang, Lu (23 February 2013). "DeMark Sees Rally as Shanghai Bottoms: China Overnight". Bloomberg. Retrieved 23 February 2013.
- ↑ Cao, Belinda (16 September 2013). "DeMark Sees Rally as Shanghai Bottoms: China Overnight". Bloomberg. Retrieved 16 September 2013.
- ↑ Falloon,William D. (November 1997). Charlie D.: The Story of the Legendary Bond Trader. Wiley. ISBN 978-0-471-15672-7.
- ↑ "Hoisington Investment Management Company". Hoisingtonmgt.com. Retrieved 26 January 2012.
- ↑ "Barron's Interview With Van Hoisington" (PDF). Retrieved 26 January 2012.
- 1 2 "A presentation by Tom DeMark at the 2011 Annual Symposium". Od.mta.org. 1 December 2011. Retrieved 26 January 2012.
- ↑ Wikipedia SAC Capital Advisors
- ↑ "Passport Capital". Passport Capital. Retrieved 23 February 2015.
- 1 2 Stanton, Elizabeth (18 January 2011). "Stocks in U.S. Are Within a Week of `Significant Market Top,' DeMark Says". Bloomberg. Retrieved 26 January 2012.
- ↑ "The Bear Case". Video.cnbc.com. 26 February 2009. Retrieved 26 January 2012.
- ↑ "The Bear Case on Stocks". Video.cnbc.com. 26 February 2009. Retrieved 26 January 2012.
- ↑ "S&P 500 May `Trap' Bulls After Rally, DeMark Says". Bloomberg. 25 October 2011. Retrieved 26 January 2012.
- ↑ "Tom DeMark Discusses Outlook for U.S. Stocks". Bloomberg. 5 December 2011. Retrieved 26 January 2012.
- ↑ "Tom DeMark's Forecast for U.S. Stocks, Dollar, Euro". Bloomberg. 22 December 2011. Retrieved 26 January 2012.
- ↑ "Tom DeMark Discusses Outlook for U.S. Stocks". Bloomberg. 20 January 2012. Retrieved 20 January 2012.
- ↑ "Tom DeMark Discusses Outlook for U.S. Stocks". Bloomberg. 21 February 2012. Retrieved 21 February 2012.
- ↑ "Money Show". Money Show. Retrieved 26 January 2012.
- ↑ "U.S. Stocks Near 'Significant' Top, Tom DeMark Says". Bloomberg BusinessWeek. Retrieved 26 January 2012.
- ↑ "Countertrend forex trading with TD SEQUENTIAL" (PDF). Retrieved 26 January 2012.
- ↑ "Benzingas Exclusive Interview with Tom DeMark of Market Studies". Benzinga.com. Retrieved 26 January 2012.
- ↑ "Impressive Signals from DeMark" (PDF). Retrieved 26 January 2012.
- ↑ "Copper May Decline to $9,000 on Sell Signal". Bloomberg. 24 January 2011. Retrieved 26 January 2012.
- ↑ Cinelli, Francesca (25 October 2010). "S&P 500 Sell Signals Indicate Limited Further Advance: Technical Analysis". Bloomberg. Retrieved 26 January 2012.
- ↑ Cinelli, Francesca (24 May 2010). "FTSE 100 May Slide Further 17% If 5,010 Level Breached: Technical Analysis". Bloomberg. Retrieved 26 January 2012.
- ↑ Patterson, Michael (20 May 2010). "Brazil's `Exhausted' Real Poised to Hit 10-Month Low: Technical Analysis". Bloomberg. Retrieved 26 January 2012.
- ↑ Patterson, Michael. "DeMark Says Stock Rally May Begin Within Weeks, European Banks Are 'Buys'". Bloomberg. Retrieved 26 January 2012.
- ↑ "DeMark, Dowd , Cohan on U.S. Stocks, Economy". Bloomberg. Retrieved 26 January 2012.
- 1 2 Wang, Lu (22 September 2011). "Tom DeMark Says Investor Panic To Abate Soon". Bloomberg. Retrieved 26 January 2012.
- ↑ Gretler, Corinne (3 October 2011). "U.S. Stocks May Rally 30% on DeMark Buy Sign". Bloomberg. Retrieved 26 January 2012.
- ↑ "Tom DeMark on U.S. Stocks, Gold and Oil". Bloomberg. Retrieved 26 January 2012.
- 1 2 Gammeltoft, Nikolaj (5 October 2011). "DeMark Says 3.8% S&P 500 Rally Tomorrow May Lead to Drop". Bloomberg. Retrieved 26 January 2012.
- ↑ Gretler, Corinne (3 October 2011). "U.S. Stocks May Rally 30% on DeMark Buy Sign: Technical Analysis". Bloomberg. Retrieved 26 January 2012.
- ↑ Wang, Lu (18 October 2011). "Tom DeMark Says S&P 500 to Rise Above 1,250 This Week Before Dropping 5.6%". Bloomberg. Retrieved 26 January 2012.
- ↑ Gammeltoft, Nikolaj (20 October 2011). "DeMark Says S&P 500 Failure to Show 'Vigor' Is a Sign Index Poised to Fall". Bloomberg. Retrieved 26 January 2012.
- ↑ Nazareth, Rita (25 October 2011). "U.S. Stocks Decline on Disappointing Economic Data as UPS Slumps". Bloomberg. Retrieved 26 January 2012.
- ↑ Gammeltoft, Nikolaj. "DeMark Says S&P 500 May 'Trap' Bulls After Rally". Bloomberg. Retrieved 26 January 2012.
- ↑ Wang, Lu (5 December 2011). "DeMark: S&P 500 at 1,330 by Christmas". Bloomberg. Retrieved 26 January 2012.
- ↑ Galouchko, Ksenia (22 December 2011). "DeMark Says S&P 500 Climbing to Oct. 27 Peak Is 'Critical'". Bloomberg. Retrieved 26 January 2012.
- ↑ Gammeltoft, Nikolaj (20 January 2012). "DeMark Says S&P 500 May Reach 1,342 Next Week Before Falling". Bloomberg. Retrieved 20 January 2012.
- ↑ Johnson, Adam (20 January 2012). "Tom DeMark Discusses Outlook for U.S. Stocks". Bloomberg. Retrieved 20 January 2012.
- ↑ Johnson, Adam (21 February 2012). "Tom DeMark Discusses Outlook for U.S. Stocks". Bloomberg. Retrieved 21 February 2012.
- ↑ Johnson, Adam (7 September 2012). "Steve Cohen's Chart Guru: S&P Heading to 1,478". Bloomberg. Retrieved 7 September 2012.
- 1 2 Effinger, Anthony (11 September 2012). "DeMark Fibonacci Charts Embraced by Cohen Lure Investors". Bloomberg. Retrieved 12 November 2012.
- ↑ Cao, Belinda (19 March 2013). "DeMark Sees Shanghai Composite Resuming Rally After Drop". Bloomberg. Retrieved 19 March 2013.
- ↑ Cao, Belinda (20 March 2013). "China's Stocks Gain Most in Two Months as DeMark Predicts Rally". Bloomberg. Retrieved 20 March 2013.
- ↑ Lu, Wang (23 June 2013). "DeMark Sees Rally as Shanghai Bottoms: China Overnight". Bloomberg. Retrieved 23 June 2013.
- ↑ Cao, Belinda (16 Sep 2013). "DeMark Says Shanghai Index to Jump as Economy Strengthens". Bloomberg. Retrieved 16 Sep 2013.
- ↑ Wang, Lu (24 Jan 2014). "DeMark Sees Shanghai Index Bottom Within Days After Rout". Bloomberg. Retrieved 24 Jan 2014.
- ↑ Kelley, Trista (5 Feb 2014). "U.S. Stocks May 'Unravel Quickly', Tom DeMark Tells CNBC". Bloomberg. Retrieved 5 Feb 2014.
- ↑ Ciolli, Joseph (2 May 2014). "Tom DeMark Says U.S. Stocks at Risk of 11% Decline". Bloomberg. Retrieved 2 May 2014.
- ↑ McKee, Michael (6 May 2014). "Demark Looks for Stock Correction in `Next Four Days'(Audio)". Bloomberg. Retrieved 6 May 2014.
- ↑ Varahabhotla, Phani (14 May 2014). "Emerging Stocks Rise to Six-Month High on China as Rupiah Gains". Bloomberg. Retrieved 14 May 2014.
- ↑ Gammeltoft, Nikolaj (14 May 2014). "DeMark Says Indian Rally Nears End as Nifty Risks Plunge". Bloomberg. Retrieved 14 May 2014.
- ↑ Lim, Weiyi (5 August 2014). "DeMark Says Sell China Stocks Now After World's Best Gain". Bloomberg. Retrieved 5 August 2014.
- ↑ Hays, Kathleen (5 August 2014). "DeMark Says Shanghai Index Drops 10%; S&P 500 Drops 16% (Audio)". Bloomberg. Retrieved 5 August 2014.
- ↑ "2011 Technical Analyst of the Year Award". Technicalanalyst.co.uk. 14 April 2011. Retrieved 26 January 2012.
- ↑ "Market Technicians Association 2011 Annual Symposium" (PDF). Retrieved 26 January 2012.
- ↑ "Market Technicians Association 2011 Annual Symposium". Mta.org. Retrieved 26 January 2012.
- ↑ "Bloomberg Markets magazine". Bloomberg.com. Retrieved 13 November 2012.
- ↑ enkoff, Ron (11 September 2012). "Bloomberg Markets Billionaires Ranking, Tom DeMark". Bloomberg. Retrieved 9 November 2012.
- ↑ Thrash, Kevin (11 September 2012). "Tom DeMark Discusses His Market Indicators". Bloomberg. Retrieved 13 November 2012.
- ↑ "Market Technicians Association 2013 Annual Symposium". mta.org. Retrieved 20 March 2013.
- ↑ "Market Technicians Association 2013 Annual Symposium Agenda". mta.org. Retrieved 20 March 2013.
- ↑ "Market Technicians Association". mta.org. Retrieved 20 March 2013.