Brian Shannon, CMT (DOB November 16, 1967) is an American writer, equity trader,

technical analyst In finance, technical analysis is an analysis methodology for analysing and forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral economics and quantitative analysis use many of the same ...

, author of the beginner's trading book ''Technical Analysis Using Multiple Timeframes'', and best-selleing book ''Maximum Trading Gains with Anchored VWAP'', and founder of Alphatrends.net, a stock trading education company.''

Background

Shannon was born in

Denver Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...

, Colorado, though his parents lived in

Aurora, Colorado Aurora (, ) is a List of municipalities in Colorado#Home rule municipality, home rule municipality located in Arapahoe County, Colorado, Arapahoe, Adams County, Colorado, Adams, and Douglas County, Colorado, Douglas List of counties in Colorado, ...

at the time. They later moved to

Andover, Massachusetts Andover is a town in Essex County, Massachusetts, United States. It was settled in 1642 and incorporated in 1646."Andover" in ''The New Encyclopædia Britannica''. Chicago: Encyclopædia Britannica Inc., 15th ed., 1992, Vol. 1, p. 387. As of th ...

where he grew up. Shannon graduated from

Austin Preparatory School Austin Preparatory School is a co-educational Catholic school located in Reading, Massachusetts. It is located in the Roman Catholic Archdiocese of Boston. It was founded by the Order of Saint Augustine in 1961. The institution is colloquially ...

in 1986 and went on to receive a Bachelor of Arts in

Business Management Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management ...

from

Merrimack College Merrimack College is a private Augustinian university in North Andover, Massachusetts. It was founded in 1947 by the Order of St. Augustine with an initial goal to educate World War II veterans. Its campus has grown to a campus with nearly 40 bu ...

in 1991. Shannon has two sons, Matthew and Ryan, and currently resides in Denver, CO.

Career

Shannon watched

Louis Rukeyser Louis Richard Rukeyser (January 30, 1933 – May 2, 2006) was an American financial journalist, columnist, and commentator, through print, radio, and television. He was best known for his role as host of two television series, Wall Street Week, ...

on ''

Wall $treet Week ''Bloomberg Wall Street Week'' (''WSW''), is an investment news and information TV program airing Friday nights on the Bloomberg Television. The original weekly show hosted by Louis Rukeyser aired each Friday evening on PBS in the United States f ...

'' with his physician father as a child. He placed his first trade with money earned as a

caddie In golf, a caddie (or caddy) is the person who carries a player's bag and clubs, and gives the player advice and moral support. Description A good caddie is aware of the challenges and obstacles of the golf course being played, along with the ...

and his newspaper route when he was 13 years old. He was living in Boston and car thefts were common so he bought shares of

LoJack LoJack is a stolen vehicle recovery and IoT connected car system that utilizes GPS and cellular technology to locate users' vehicles, view trip history, see battery levels, track speeding, and maintain vehicle health via a native app. Prior to se ...

at $US 5.00 and watched the stock double over the next three months. After college, Shannon worked for a penny stock company called Thomas James for a couple of months before taking a position as a stockbroker with

Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Gol ...

in Boston, MA where he was first exposed to technical analysis. He moved to

Tucker Anthony Tucker Anthony was an independent investment banking and brokerage firm based in Boston, Massachusetts. In 2001, the firm was acquired by Royal Bank of Canada and was then merged with the bank's Dain Rauscher Wessels subsidiary to create RBC Dai ...

in 1992 and worked as a stockbroker for Dain Bosworth from 1994 to 1998 Shannon. He spent a short period as a trader for Generic Trading, LLC in New York, NY before moving to Denver, CO to run Landmark Securities as a Series 24 Manager. From 1999 to 2006, Shannon was Lead Trader and the Director of Research at MarketWise Securities, where he began educating and mentoring people about technical analysis and trading techniques. In 2006, Shannon started his financial education blog Alphatrends. The blog was called the "YouTube of technical analysis" by the editor of ''

Technical Analysis of Stocks & Commodities ''Technical Analysis of Stocks & Commodities'' is an American, Seattle-based monthly magazine about commodity futures contracts, stocks, options, derivatives, and forex. History and profile ''Technical Analysis of Stocks & Commodities'' was fou ...

''. As of 2010, over 400 people were subscribed to Shannon's trading service. In 2008, Shannon published his book ''Technical Analysis Using Multiple Timeframes'' The book was written to assist traders new to technical analysis with intermediate level material such as market structure and trend alignment. Charles E. Kirk of The Kirk Report praised the book for explaining "relatively complex ideas" in a "straightforward manner". The

Market Technicians Association The CMT Association is a non-profit, global, professional organization of technical analysts headquartered in New York City, servicing over 9,000 market analysis professionals in around 80 countries. The CMT Association certifies that an individual ...

review of the book called it "readable and valuable" for both novices and experienced traders. In 2013, Shannon passed the

Chartered Market Technician The CMT Association is a non-profit, global, professional organization of technical analysis, technical analysts headquartered in New York City, servicing over 9,000 market analysis professionals in around 80 countries. The CMT Association certifie ...

(CMT) exam.

References

External links

alphatrends.net
– Shannon's website
AlphaTrends YouTube
– Educational videos by Shannon {{DEFAULTSORT:Shannon, Brian American business writers American financial analysts American stock traders Living people Merrimack College alumni People from Aurora, Colorado Technical analysts 1967 births