Paul J Singh

Category: market notes

  • Quick Update

    I’ve been waiting for SPY to bounce to $85 in order to get short, but no luck so far. As noted in the report last night, I’d like to enter at $85 with a stop above the 50 day moving average and an initial target of $80. Yesterday’s high volume…

  • Market Still Within Trading Range

    Until I see a move towards one of the extremes of the trading range, I won’t be trading the S&P 500 and will focus on individual stocks setups.

  • Monday Game Plan

    Here is my game plan to being the week. This is taken from the Trade Report, sent today to subscribers: January 26, 2009 1.  Market Notes: While the focus of my swing trading style is daily charts, I look at a few weekly charts every Sunday.  I do not use the weekly…

  • Morning Weakness

    I am taking a small few positions, including SSO, on morning weakness. More details to come.

  • Friday Game Plan

    I’d like to pick up a few long positions in anticipation of an inauguration rally. The fact that we are very oversold increases the chances of a rally. I will still use tight stops with the strategy of taking a small loss with the possibility of a big gain.

  • And the answer is . . .

    no bullish tail for FAS. Earlier today I posted the bullish tail candle forming and wanted to see if it could hold into the close. It did not. Bulls can hold on to the close off the lows and volume that could lead to a “capitulation” selloff. I sold half…

  • Watch for the Bullish Tail

    If FAS closes as it looks right now on the chart, a bullish tail will have printed and we will be setup for a strong bounce. Keep an eye on the close . . . The market indexes are acting similar to FAS.

  • Short and Sweet Game Plan

    I am waiting for weakness in SPY, oil and financials, and will go long on *extreme* weakness.  While the market is getting oversold, it’s not enough to create a high probability trade.   Trading Vehicles: Oil:  USO and DXO Financials:  UYG and FAS SPY:  SSO

  • Monday’s Game Plan and Free Trade Report

    I am offering today’s Trade Report, which features my plan for Monday and the coming week, free to blog readers today. Enjoy! January 5, 2008 Market Notes The market is overbought. I’ll get back to that, but first let’s take a look at the overall picture. The market (via SPY-SSO)…

  • Waiting for Pullback

    While my focus list is full of longs, the market is too overbought to enter right now. I am waiting for pullbacks to support for most entries. In the meantime I may take a few more short positions on strength. These are quick trades meant to capture a few points…

  • 10 Market Thoughts to Start the New Year

    1. Be patient with trades and setups. Do not chase trades. Let them come to you. If you miss a trade, that’s okay. 2. The best setups in this market focus on extremes. Buy extreme weakness and sell extreme strength. 3. Watch for accumulation patterns that form as prices base…

  • Today’s Game Plan

    Here is the video podcast from last night’s report. I’m still working out the kinks and video quality is not as good as I’d like. However, audio is fine and it gives a detailed analysis of my game plan for the coming days. Any comments or feedback on the video…

  • Trade Report Video Podcast

    Last night I included my first video in the Trade Report. I’m still working on the video quality, but it will still give you a good idea of my game plan for the coming days. http://video.google.com/googleplayer.swf?docid=

  • Using Morning Weakness for Entry

    I’m using weakness this morning to make a few entries in stocks listing in last night’s Trade Report. I’m only taking small positions with tight stops

  • Thoughts on Market

    While I’m bullish on the market, my preference to enter long trades at extreme oversold conditions is keeping me from entry at these levels. I’ll buy SSO on a pullback that works off the close to overbought conditions. However, I will also short the S&P 500 via SDS once it…

  • SSO Chart

    Within the trading range. I’ll wait for extremes to emerge.

  • Weekly Focus List and Free Trade Report

    In today’s Trade Report, I go over my plan for the week. One of the themes is the positive patterns developing in some commodity related sectors. Gold and Silver top the list. In the spirit of Thanksgiving, I am offering today’s Report to all of my readers.http://docs.google.com/View?docid=d5z8q8w_4555wv7zfg

  • Support Becomes Resistance for SSO

    Following the recent breakdown, old support has become resistance. This offers a low risk short entry near R levels.

  • A Good Day and SSO Stop

    Needless to say, today was a good day for me, as all four of my trades based on the “bottoming thesis” did quite well. I received a number of questions about my stop on SSO. I’ll go into more detail tomorrow. I was stopped out of half my position, but…

  • SSO Provides Low Risk Entry

    While the “edge” or probability for the trade may be 50 percent or less (accumulation pattern is not what it was a week ago), SSO does provide a low risk entry point that can be easily managed with a stop under the recent lows. I am willing to take low…

  • China’s Chart Give’s a Clear Answer

    The FXI weekly chart is quite illuminating and a good example of the importance of volume. What does the current volume pattern tell us? Compare to the previous volume patterns during the top and bear run, and the answer is clear . . .