Market Calls

  • Posted by on April 10th, 2014 at 1:36 pm

I’ve been neglecting my blog as of late and sharing my thoughts mainly on StockTwits and Twitter (and the premium service we run). Here are a few of my most recent thoughts on the market, scraped from StockTwits. My calls are not based on wishful thinking, but on understanding of market structure, breadth, psychology and setups. At the end of the day, it does not matter if you are right or wrong in this business, but how much money you make when you are right and how much you lose when you are wrong.

Momentum stocks usually, but not always, lead the general market 2 to 6 weeks, both on the upside and the downside. $IWM $SPY

— Ivaylo Ivanhoff (@ivanhoff) Apr. 4 at 07:00 AM

The good news – market breadth in small caps is approaching levels that are likely to lead to a short-term bounce. Rips are likely to sold.

— Ivaylo Ivanhoff (@ivanhoff) Apr. 7 at 11:08 AM

In the words of young Warren Buffett – maybe the market is not discounting a future event, but correcting previously incorrect view.

— Ivaylo Ivanhoff (@ivanhoff) Apr. 7 at 11:35 AM

Back from the future: slight bounce for the market next couple days, then another leg lower, bottoming next week then rally rest of April :)

— Ivaylo Ivanhoff (@ivanhoff) Apr. 8 at 09:30 AM

If there's another leg lower, we will probably see a divergence – less new 20-day lows and more setups near 52wk highs. Just a hunch. $IWM

— Ivaylo Ivanhoff (@ivanhoff) Apr. 10 at 07:54 AM

With this pace of deterioration, we will likely see extreme breadth readings early next week and a more sustainable bounce from there. $IWM

— Ivaylo Ivanhoff (@ivanhoff) Apr. 10 at 10:08 AM


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