|Course Number||FINC 6364 - 24997|
|Course Title||Technical Analysis of Stocks & Commodities|
|Prerequisites||FINC 6352, which may be taken concurrently|
|Office||Brazos Hall 323 (Sugar Land)|
|Office Hours||By appointment|
Prerequisites for a course exist because the School of Business Administration faculty have determined that the knowledge, skills, and/or exposure students receive through the prerequisites is critical to their success in the course and their ability to contribute to their fellow students' learning experience. In addition, taking your core courses and concentration or elective courses in a prescribed sequence prepares you to integrate the knowledge and skills you are acquiring properly. Students bear the responsibility for verifying that they have the appropriate prerequisites for their courses. Students who enroll in a course without completing the prerequisites risk being dropped from the class at any time during the semester should their lack of prerequisites come to light. In addition, students who enroll without the prerequisites and as a result find themselves at a disadvantage in meeting course objectives will have no redress with the instructor.
This course is designed to provide students with an introduction to trading mechanisms of various financial products, such as stocks, bonds, futures, commodities and foreign exchanges. The coverage will emphasize technical analysis of securities. Fundamental analysis will also be discussed.
John Murph, Technical Analysis of Financial Markets, 1999 ed., New York Institute of Finance, ISBN 0-7352-0066-1(Required)
The Victoria College Bookstore carries textbooks for all UHV SBA courses.
Students may use the publishing information posted above to order their textbooks from their favorite book vendor. However, before doing so you should find out what your vendor's anticipated shipping time is, and what their return policy is. Also, you should not write in or remove shrinkwrap from any textbook or materials you purchase from any vendor until the first class day in the event that:
In addition, be aware that, on occasion, certain outside vendors may substitute an international version of a textbook for the version you have requested without notice. International versions of textbooks may be quite different from the editions we require.
The School of Business Administration is accredited by AACSB International, the hallmark of excellence in management education. AACSB International accreditation represents the highest standard of achievement for business schools worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. AACSB International accreditation is the hallmark of excellence in management education. AACSB International accreditation adds value to your degree. The AACSB International accreditation standards require you to:
As a result of this course, students will:
Your letter grade is determined using the grade distribution that follows. You can calculate your percentage grade at any time in the semester by dividing the points you have accrued by the total points available up to that point. This percentage is then matched to a letter grade.
|A||90% or higher|
|B||80 to 89%|
|C||70 to 79%|
|D||60 to 69%|
|F||Less than 60%|
|Weekly Discussion Board||10 %|
|Trading Simulation||10 %|
|Term paper project||15 %|
Students are required to participate in the weekly Discussion board each week. This will address course objectives 1-6.
Coverage:70-80 % on Options and futures of my lecture notes and 20-30 % from chapters 1,2,3,4,5,6,9,10, and 11. Midterm will be online between 9 AM to 6 PM on last part of October, Duration 2 hours. This will address course objectives 1-3.
Coverage: Final will be comprehensive and will include all chapters. Final will be online between 9 AM to 6 PM on 12/7. Duration 2 hours. This addresses course objectives 3-6.
You need to subscribe to Stocktrak for futures, options, and stock trading. Please look at the Stock Simulation icon for much more details. This will address course objectives 6.
Each student should choose one publically traded stock or one future contract to follow from day one to the end of the semester. From week 6, 2 to 6 students will be randomly called each week to present the technical picture of their stocks or futures contracts. This will address course objectives 1-6.
Students may form a group of 2 to 3 students for the research paper. The grade will be the same for all group members. Each group should choose one country stock index (Dow, Nasdaq, CAC40, DAX, Heng Seng, FTSE, Nikkei, FXI) or a sector stock index (XLF, XHB, XLE, OIH,); after selecting the index the group should ask me to provide them the daily data of their chosen index for 15 to 20 years, depending on the availability of the data. The group should develop a mechanical trading system and then back test their developed mechanical trading system to see if the trading system beats the buy and hold strategy.
Your capacity to contribute to class discussions is directly related to your commitment to completing all reading assignments by the dates listed on the course schedule. Class participation grades will reflect both the quantity and the quality of your participation.
Make-up exams will only be given at the discretion of the instructor. Students are strongly cautioned to notify the instructor immediately if legitimate and insurmountable obstacles prevent them from participating in a scheduled exam session.
The due dates for all assignments will be strictly followed. Late assignments may or may not be accepted at the instructor’s discretion; should the instructor accept a late assignment, he or she may reduce the grade of the assignment the equivalent of one (1) letter grade for each day the assignment is late.
According to the UHV Student Handbook, students are expected to be diligent in their studies and regular in class attendance. A student whose absences are determined by the instructor to be excessive shall be dropped prior to the last day to drop a course or withdraw from UHV with a grade of W or F. For students enrolled in online courses, "absence" connotes a failure to engage in class participation activities on a weekly basis. If an unforeseen crisis (including family emergencies, professional obligations, and technical difficulties) prevents you from fulfilling your course obligations, you are responsible for alerting your instructor to the reason for and anticipate duration of your absence.
Teaching and learning is a partnership between faculty and students. I will fulfill my partnership obligations by serving as advisor, consultant, mentor and purveyor of general comments and clarifications of difficult or confusing concepts. To this end, I will respond to questions within 72 hours. You will fulfill your partnership obligations by being a fully participative, responsive, helping, and working team member of the class. You should check your UHV email frequently and respond to faculty in a timely fashion. Good business and professional etiquette is expected. No derogatory comments should be made. You may certainly disagree with others in class discussions, and you may state your disagreement (if you choose to); however, please do so in a polite manner.
Homework, take-home exams, case assignments and bulletin board participation all play an important role in your education in this course. They are an essential part of the learning process in that they require the synthesis and extension of concepts. They also help both the student and the instructor to evaluate one’s progress in mastering the material. Past experience indicates that generally the course material cannot be adequately mastered without active involvement on your part.
Discussion of homework assignments with others who are also struggling with them can be highly beneficial and is encouraged. Most real-life problems are solved through team efforts, and it is important to learn how to solve problems cooperatively. The interaction with others working on the same problem often reveals different approaches to common difficulties.
Each student is responsible for maintaining high standards of academic honesty and ethical behavior. In order that each student understands what is (or is not) acceptable behavior, the following guidelines are offered.
UHV’s Student Handbook contains a detailed description of the university’s Academic Honesty Policy. In addition, tutors at the Academic Center (see section below) are available to assist you in providing proper citations for your source materials.
The University of Houston System complies with Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, pertaining to the provision of reasonable academic adjustments/auxiliary aids for students with a disability. In accordance with Section 504 and ADA guidelines, each University within the System strives to provide reasonable academic adjustments/auxiliary aids to students who request and require them. If you believe that you have a disability requiring academic adjustments/auxiliary aids, please contact your University’s student disability services center. University of Houston–Victoria, Office of Disability Services, Cheryl Worley, 3007 N. Ben Wilson St., Suite 132-B University West, Victoria, TX 77901. Office phone – 361-570-4287; E-mail firstname.lastname@example.org; Website - www.uhv.edu/DisabilityServices
Per Texas state law, students will be excused from attending class and other required activities, including examinations, for the observance of a religious holy day, including travel for that purpose. A student whose absence is excused on these grounds will be allowed to take an examination or complete an assignment within one (1) week of the excused absence.
Students who feel they are the victims of sexual harassment may contact the Associate Vice President for Student Affairs at 361-570-4290 and/or the Director of Human Resources/Affirmative Action at 361-570-4800.
Students who have non-academic grievances or complaints may contact Student Services at 361-485-4409.
The Student Success Center offers writing assistance to all UHV students in the form of paper reviews by peer tutors. Tutors will aid students in looking more critically at their own writing to examine issues such as organization, structure, and development of ideas. To submit a document for online tutoring, or to schedule an appointment for face-to-face tutoring, please visit the Student Success Center online http://uhv.mywconline.com/. For more information about the Student Success Center and its library of online resources, visit the Center's Web site at http://www.uhv.edu/ac or stop by Suite 129 (University West in Victoria).
|8/26 9/1||1||Philosophy of Technical Analysis||Chapter 1 and my lecture notes on ch 1||Register for Stocktrak Choose one stock and one future contract to follow for the entire semester.|
|9/2- 9/8||2||Futures Markets||My lecture notes on futures markets||Read profits and losses estimation file|
|9/9 9/15||3||Dow Theory & Options Markets||Chapter 2 and my lecture notes on options||Start of the Stocktrak trading.|
|9/16 - 9/22||4||Chart construction & Basic concept of Trend||read chapters 3 & 4||Buy one future contract and 1000 shares of the stock that you are following. Also buy their nearest month options1|
|9/23 9/29||5||Moving Averages Oscillator and Contrary Opinion||Chapters 9 & 10 and my lecture notes on ch. 9 &10||Sell the future and 1000 stock shares and options that you bought last week (clear your positions). Estimate your profits and losses and post them on Discussion Board.|
|9/30 10/6||6||Oscillator and Contrary Opinion. Point and Figure Charting.||Read chapters 10 & 11 and my lecture notes on ch. 10 & 11||Start of best long and best short|
|10/7 10/13||7||Major Reversal Patterns and Continuation Patterns||Read chapters 5 & 6 and my lecture notes on ch. 5 &6||Students homework presentations|
|10/14 10/20||8||Midterm exam||Prepare for your midterm||Midterm exam On 10/20,|
|10/21 -10/27||9||Volume and Open Interest and Long Term Charts||Chapters 7 & 8 and my lecture notes on Ch. 7 & 8||Student homework presentation|
|10/28 11/3||10||Japanese Candlesticks||Read chapter 12 and my lecture notes on ch. 12||Student homework presentation|
|11/4 11/10||11||Stock Market Indicators||Read chapter 18 and my lecture notes on ch. 18||Student homework presentation|
|11/11 11/17||12||Elliott Wave Theory||Read chapter 13 and my lecture notes on ch. 13||Student homework presentation|
|11/18 -11/24||13||Time Cycles and Intermarket Analysis||Read chapters 14 &17||Student homework presentation|
|11/25 12/1||14||Work and comlete your research paper||Read Austria paper both word and Excel files||Student homework presentation|
|12/2 - 12/8||15||Final Exam on 12/7 Between 9 AM 6 PM||Prepare for your final||Take the final on 12/7|