Who is Marc Chaikin?
Marc Chaikin is the founder and CEO of Chaikin Analytics, LLC, as well as a stock analyst. He also founded Bomar Securities LP, which was acquired by Instinet Corp. in 1992.
He later became Senior Vice President and Director at Instinet, which was owned by Reuters.com.
Also Read: Marc Chaikin Net Worth, Biography and Early Life
Biography
Marc was born in the American city of Philadelphia. Chaikin was also raised in a Christian family by unknown parents. As a result of his public image, he has kept his parents’ and siblings’ identities hidden. In 1954, he attended Shipley School. He later earned a degree from New York University.
Age
We can assume he is in his early 70s based on his unknown birthday.
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Personal Life
Sandy Betner Chaikin is Marc’s wife. For 40 years, the couple has had a wonderful relationship. The couple is currently living in Philadelphia, Pennsylvania, and they have a happy marriage.
Net Worth
Marc’s forty-year career has afforded him a prosperous and lavish lifestyle. He currently has an estimated net worth of $50 million USD.
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Career
Marc Chaikin began his career as a stockbroker in 1965. During the 1970s, he became the head of the options department at Tucker Anthony & R. L. Day.
Following his employment there, Chaikin purchased a seat on the New York Stock Exchange, where he traded futures contracts. Chaikin began developing proprietary stock market indicators in 1980 and joined Drexel Burnham Lambert in 1982.
That same year, he began hosting a regular segment on the Financial News Network, the forerunner of CNBC. He used computers to refine and execute his trading strategies, which were based on unique economic indicators and computer algorithms.
Later, he founded Bomar Securities LP, which was acquired by Instinet in 1992. Following the sale, he was promoted to senior vice president at the Instinet brokerage firm.
Chaikin used to spend much of his career developing computerized stock selection models for money managers. He is best known for developing the first real-time analytics workstation for portfolio managers and other stock traders, as well as proprietary analytics that are now a key component of the Thomson Reuters institutional workstation.
He is best known for developing the Accumulation/Distribution Line indicator (ADL). Chaikin also invented the Chaikin Volume Accumulator (VAC). The Chaikin Oscillator and the Chaikin Money Flow indicators, both of which have been heavily used on Wall Street since their inceptions, are the two major indicators associated with the ADL.
Chaikin founded Chaikin Stock Research in the late 2000s to provide professional grade stock tools to individual investors. He has appeared on several national news networks, including CNBC and Fox Business, as the firm’s founder and CEO.
In 2011 and 2012, he received media attention for his bullish outlook on the Dow Jones Industrial Average and the stock market in general.
