Analyst Jack Steiman
Jack Steiman
Jack Steiman is a former columnist for TheStreet.com who is renowned for calling major shifts in the market. President of New York-based Visionary Research Group, Jack consults to individuals and companies on stock market analysis and education. He honed his skills as a trading educator in front of live seminar audiences in his role as chief financial strategist for InvestEd Central, and also previously hosted two daily programs, "Market Close Live with Jack Steiman" and "InvestEd Central with Jack Steiman," on Business Talk National Radio. Jack's best-known market calls included calling the bottom of the bear in mid-2002, the market top in October 2007, and the market bottom in March 2009. Jack's strategy is based on technical analysis. He seeks to analyze the likelihood of a stock breaking out of -- or down from -- a wedge pattern. One particular tool is MACD, a measurement of buying/selling intensity. Jack's strategy is to look for divergences from price -- with low selling intensity a positive divergence (bullish) on a downmove and high selling intensity a negative divergence (bearish) on an upmove.
