About Ivan

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So far Ivan has created 25 entries.

10EMA Pullback Setup

By |June 6th, 2016|

New Relic (NEWR): Look at that revenue growth.

I just exited the trade but will for sure keep watching the stock.

But there’s another thing I wanted to show.

Very clean pullback entry just recently. I first noticed it on May 23rd as it closed well above resistance (blue line) – The Breakout.

It actually provided a nice pre-breakout entry […]

Post Earnings Drift

By |May 25th, 2016|

There are several documented market anomalies (and much more undocumented ones!).

One that is widely recognized is the post–earnings-announcement drift, or PEAD.

“PEAD is the tendency for a stock’s cumulative abnormal returns to drift in the direction of an earnings surprise for several weeks (even several months) following an earnings announcement.”

A chart always says it better.

Here’s Nvidia […]

Amazon (AMZN) Channels

By |May 18th, 2016|

Amazon stock price was below $300 at the start of last year. It is currently at $700. The stock rallied more than 50% from the low made in February this year.

As old brick-mortar retailers are sold off it seems market perception is they have no chance against the online giant.

Current Amazon market cap is […]

FCX inverse H&S?

By |May 11th, 2016|

No pattern yet but something to keep an eye on. Let’s start with the big picture.

Weekly Chart

2 key takeaways from the 10-year weekly chart (logarithmic scale):

The stock is prone to fast moves, check the velocity of the downtrend in 2008 and 2014-2015 and the uptrend in 2009 and 2016;
The stock has a […]

Favorite indicators pointing in opposite directions

By |May 11th, 2016|

On the SPX Chartbook page I keep and update daily a dozen charts that I find helpful for gauging broad market.

Among my few favorite indicators are Put/Call 5 day average and VIX/VXV which are now flashing completely different signals.
Total Put/Call ratio – Bullish
Obtained from CBOE and as the name says, shows total number of put options divided by […]