Which of the following is a valid guideline in using technical analysis to make investment decisions among stock market sectors?

Relative strength analysis allows for identification of the strongest and weakest sectors
Charting tools such as trendlines and moving averages should not be employed with relative strength lines
Sectors whose relative strength lines are just turning up after a downtrend should be sold
This analysis does not hold for options or mutual funds due to the unique characteristics of these securities

Answer(s): A

Which of the following would not be a violation of the Code of Ethics in a published research report or statement?

Answer(s): A

Which of the following BEST describes equity market performance during the presidential election cycle:

Market has its strongest year during first year of president's term, posts its worst returns during the pre-election year and slightly negative returns in election years
Market has an above average year during first year of president's term, posts negative returns during the pre-election year and its strongest returns in election years
Market has a below average year during first year of president's term, posts its strongest returns during the pre-election year or in the election year
Market has a below average year during first year of president's term, posts its strongest returns in the second year and reasonably strong returns during the pre-election and election years

Answer(s): C