Technical analyst, author and strategist
Martin J. Pring
Martin J. Pring is a technical analyst and author best known for Technical Analysis Explained, a standard text used in CMT and IFTA certification. He founded Pring Research, co-founded the asset manager Pring Turner Capital, and has been chief technical strategist at StockCharts.com since 2015. He created the Know Sure Thing (KST) and Special K indicators.
What they argue
- Combining smoothed rates of change over several time frames into one weighted indicator (KST) gives a clearer read of the trend and its reversals than any single momentum measure.
- Asset allocation should rotate between stocks, bonds and commodities according to the stage of the business cycle, the idea behind the Pring Turner approach and the Dow Jones Pring U.S. Business Cycle Index (2012).
Sources
Summaries are Be The Puck's paraphrase of public material. Be The Puck has no affiliation with the people listed.
Pring's Know Sure Thing (KST)
Rule and full recordMomentum · daily
Four smoothed rates of change, weighted and added together. When the KST crosses above its signal line, momentum is turning up.
Best risk-adjusted results against buy and hold: