About Ivan

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So far Ivan has created 25 entries.

3 Ways to Lose Money in the Market

By |May 2nd, 2016|

This study suggests more than 90% of day traders lose money.

I haven’t done any surveys but from my personal experience with day trading this is about right and I’ve learned early on there is no real edge in day-trading and even if you find one it will likely be eaten up by the fees. […]

AAPL COVER SIGNAL

By |April 28th, 2016|

Apple missed on earnings and dropped 6.26% yesterday to close at $97.82.

It was (and still is) a universally loved stock. Last 2 analyst rating before the earnings report had put a price target of $150. Almost everyone had a buy rating on it.

And yet it is down 24% over 12 months.

Analysts have now all […]

McClellan Summation Index highest since May 2013

By |April 21st, 2016|

McClellan Summation Index  is one of my favorite indicators when trying to find bottoms.

Notice the areas shaded in green on the chart, very good accuracy.

 

It is not as useful in signalizing tops though but current read of 1130 caught my attention.

It is highest since May 2013 and 3rd highest in past 3 years. Is there something to […]

New Bull Market For Gold Miners

By |April 20th, 2016|

At the moment I am writing this GDX ( gold miners ) ETF is trading at $23.74.

That is 91.45% up from the low made on January 19th this year.

 
Long Term View
 

90% up in 3 months. Amazing move.

But pales in comparison to the bear market that preceded it.

Gold miners ETF went down from $64.51 to $12.40 […]

Expectations

By |April 12th, 2016|

Q1 earnings season is on.

And profit expectations are not good. Actually they are very bad.

Here’s a chart showing the biggest quarterly drop since 2009:

Should that scare you? Should you sell everything?

Well, you’re not the only one who’s seen it. Everyone has.

And what everyone knows is not worth knowing! 

Markets are not moved by the expected […]