Louise Yamada is the Managing Director of Louise Yamada Technical Research Advisors (LYA), which she founded in 2005. Previously, she was Managing Director and Head of Technical Research for Smith Barney (Citigroup), and while there, was a perennial leader in the Institutional Investor poll and the top-ranked market technician in 2001, 2002, 2003 and 2004. Louise was the 2016 recipient of the CMT Association’s Lifetime Achievement Award.
At Smith Barney for 25 years, Louise authored a weekly flagship report, “Market Interpretations,” in which she identified the developing structural bear market and the technology decline in 1999-2000; the lift in gold in 2002; the small and mid-cap outperformance leadership in 2002; the emerging structural energy bull in 2004; her 2004 Alternate Hypothesis suggesting that the 2000-2002-2008 equity market could track the alternate 1929 1932-1938- stock market period (it did); and a multi-year low interest rate environment.
Additionally, Louise penned several notable reports, including “Bull Market Extension? There is Historic Precedent” (1994) and “New Horizons for the 21st Century” (1996), both the subject of feature interviews in Barron’s on May 8, 1995 and September 9, 1996, as well as the special 1999 TRENDS report “Shifting Sands,” identifying major 20 plus-year structural shifts taking place not seen since 1980-1982. She is also the author of Market Magic, published by John Wiley & Sons, released in March 1998 and reviewed as “a monumental book, one that all serious and professional investors should read.”
At LYA Louise has made major calls on the structural decline of the financial sector (beginning March 2007); the 2008-2009 Equity Bear Market; the emerging bull in spring 2009; the topping in Gold in 2013; the structural decline in Energy in early 2014; May 2015 Correction on the Horizon; Early 2017 Market Piercing 20,000 and Should Continue; June 2019 New Bull Market for Gold and December 2022 Structural 40-Year Interest Rate Reversal. Current writings are on her website.
Louise holds a Chartered Market Technician designation and is a member of the CMT Association, the American Association of Professional Technical Analysts, and the Financial Women’s Association. Louise appeared as a special guest on “Louis Rukeyser’s Wall Street.” She has appeared frequently on Bloomberg, CNBC and in other media. Louise joined Smith Barney in 1980 after receiving a B.A. from Vassar College and an M.S. from Bank Street College of Education.