Smeal Traders Association Presents Alumnus Jeffrey Spotts to Discuss Market Trends
The Smeal Traders Association, a student organization at the Penn State Smeal College of Business, is hosting a discussion with Penn State alumnus Jeffrey Spotts at 7 p.m. on Dec. 1 in 262 Willard on the University Park campus. The talk is free and open to the public.
Spotts, a certified market technician, is a hedge fund manager based in New York. He will be discussing various aspects of his career, including his experiences in the industry, his strategies and approaches to investing and trading, and his perspective on current market conditions.
Following his 12-year tenure at Merrill Lynch Investment Managers, Spotts launched his first successful fund in 2001. A prolific trader and entrepreneur, his goal is to generate significant absolute returns in any market. His method includes a combination of analyzing the "sponsorship trend," relative strength position, and fundamental qualities of each company. His audited track record since 1998 has produced a gross return of 1,980 percent with no down calendar years or monthly drawdowns greater than 11 percent.
Spotts has worked with some of the best portfolio managers in the business. His expertise in stock selection led to him being handpicked by Fari Hamzei to co-author Master Traders: Strategies for Superior Returns from Today’s Top Traders (Wiley 2006).
Spotts regularly appears on Fox Business, Bloomberg Television and CNBC, with commentary on stock ideas and commodity trends. He is currently principal at Spotts On Trends, online at www.spottsontrends.com.