Larry Amernick, publisher of the Amernick Market Report and engineer of several proprietary market breadth indicators, will present his analysis and application of many well known breadth indicators. He will then deconstruct them, show how they can be improved, and he will demonstrate the methodology for creating your own breadth index.
Born and educated in Baltimore, Maryland, Larry Amernick began his research career at the Johns Hopkins School of Hygiene and Public Health. Moving to New York City, he researched heroin treatment protocols. Larry undertook graduate studies in Psychology at LoyolaCollege, the Gestalt Institute of San Francisco, and the California School of Professional Psychology. In California, Larry taught in the San Francisco Community College District and was an owner and chef for a catering business called “Anything Goes”, in BerkeleyCalifornia.His plunge into the complex world of investing started with a two-year position as a financial broker with Merrill Lynch in San Francisco between 1987 and 1989. In 1989, together with Dr. Jean-Michel Terdjman, who was an instructor and head of the French Language Department at the Defense Language Institute in Monterey, California, Larry spent six years developing a proprietary stock market forecasting model. Testing thousands of time-series in neural networks, Larry began to see new relationships between the different global indices due to the spread of globalization. After Dr. Terdjman retired in 1995, Larry extendeded their work researching the new developing interrelationships in the global financial markets. Between 1996 and 2000, Larry designed the “Daily Cumulative Index”, the “Weekly Cumulative Index” and the Option Volume Indicator. The first two are overbought-oversold indicators for the SP-500. The third one is a sentiment indicator. In December 2002, Larry designed his Market Breadth Oscillator, a complex indicator that measures more than 35 attributes of market breadth data. Larry has also developed a family of more than a dozen proprietary indicators, including a Market Bottom Indicator and the Amernick Fractal Moving Average. Larry began publication of “The Amernick Market Report”, a weekly analysis of the global markets, in December 1995. During the spring and early summer of 1997, he warned his subscribers about the upcoming financial crisis in Southeast Asia.His work was highlighted in the August 24, 1997 issue of the “San Francisco Examiner.” Larry’s model issued a general sell signal on January 30, 2000.He calls the current post bubble range bound market, “A Sloth Market.”
