Free CMT Association CMT-Level-II Exam Dumps Questions & Answers

This indicator measures the distance between two exponential moving averages of advances minus declines.

• A.Ayres-Hughes Breadth Indicator
• B.The SENTIX Index
• C.TRIN
• D.McClellan Oscillator

Paul Jones is a chemical industry research analyst for a large brokerage company. That industry is currently seeing an increase in mergers and acquisitions. While flying through Chicago, Jones sees several senior officers who she knows are from the largest and fourth largest chemical companies walk into a conference room. She concludes that negotiations for an acquisition might be taking place. Jones:

• A.may use this information to support an investment recommendation.
• B.may not act or cause others to act on this information.
• C.should inform her compliance officer that she has material nonpublic information on firms she covers.
• D.may not act but advise others to act on this information.

Kai Wong, CFA, is concerned about the activities of several of his coworkers and feels legal violations are routinely overlooked. According to the Code and Standards, a recommended first step would least likely be to:

• A.provide her supervisor with a copy of the Code and Standards.
• B.contact industry regulators
• C.take legal counsel
• D.review the company's policies and procedures for reporting ethical violations.

Tick volume refers to:

• A.the change in open interest during a particular time interval.
• B.the number of contracts traded at each time interval.
• C.the number of recorded price changes during a particular time interval.
• D.the number of contracts traded at each price tick.

From a contrarian's perspective, which of the following would be considered a bullish indicator?

• A.Sales of investment books are increasingly dramatically
• B.The vast majority of professional financial letter writers are bullish
• C.A Business Week cover with a story on "The Death of Equities"
• D.CNBC is on the television at the local bar, and everyone is paying attention