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Managing Director, MTS Research

Peter Beuttell

Managing Director

MTS Research

MTS Research Limited is an independent investment research company specialising in technical analysis. 

MTS Research provides technical analysis services in the form of regular publications and consultancy advice, catering for a number of different investment approaches from absolute or relative returns to long-only and long/short.  The company has a global client base of blue-chip financial institutions ranging in size and stretching from Los Angeles to Tokyo, via New York, London, Frankfurt and Hong Kong.  

MTS was founded in 1989 at the request of Morgan Grenfell Investment Services Limited (MGIS), the ERISA arm of Morgan Grenfell Asset Management (subsequently Deutsche Asset Management), by Peter Beuttell, a Portfolio Manager at MGIS between 1987 and 1989. 

Peter is a qualified Chartered Accountant and self-taught market technician with over 30 years experience.  At MGIS, Peter managed money in European, Australasian and Far East markets for US clients, such as American Airlines and American Petrofina.  He achieved first quartile perfomance on their behalf by blending fundamental and technical analysis in his investment decision-making.  

After an initial focus on the EAFE markets (Europe, Australasia and Far East), the company has recently expanded its coverage to include the Americas, thanks to the recently-completed two-year Knowledge Transfer Partnership with the University of Plymouth.  The resulting software – the Technical Overlay Program (TOP) – allows fund managers to access an immediate Technical view on any market, sector, stock, bond yield, currency or commodity within their selected universe.

MTS Research consists of a team of five based in Penzance and London. 

Technical Analysis

We were asked of Facebook during the week: Is it the first brick in the edifice to begin falling?It looks like it, given the recently-completed Head-and-Shoulders top pattern, which has a minimum measuring target at $148 (nearer $140 intra-day).  The negation level on that is $186.15, the top of the second shoulder.A drop as low as $140 would also break the 5-year uptrend.The FANG Index is also quite vulnerable, having recently tested its two-year semi-log trend resistance line. Trend and moving…

We were asked of Facebook during the week: Is it the first brick in the edifice to begin falling?It looks like it, given the recently-completed Head-and-Shoulders top pattern, which has a minimum measuring target at $148 (nearer $140 intra-day).  The negation level on that is $186.15, the top of the second shoulder.A drop as low as $140 would also break the 5-year uptrend.The FANG Index is also quite vulnerable, having recently tested its two-year semi-log trend resistance line. Trend and moving…

NASDAQ 100: Facebook Is the First Crack in the Wall, and Headed for 148 Minimum

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NASDAQ 100: Facebook Is the First Crack in the Wall, and Headed for 148 Minimum