Paul J Singh

Category: market notes

  • Monday’s Game Plan

    Here’s the game plan for Monday. I am pleased to see a number of breakout-pullback setups forming. It’s been a while since I’ve been able to trade this break and butter setup http://docs.google.com/View?docid=d5z8q8w_418dqr8n3gm Today is the last day of the free trade reports.

  • Game Plan for Friday and Free Trade Report

    While the bottom formation still is intact, I am not quite as optimistic due to the negative volume over the past two days. For more detailed analysis, view today’s free trade report: http://docs.google.com/View?docid=d5z8q8w_415gwthtzfj

  • Game Plan for Thursday and Free Trade Report

    The market has been easy to game this week, and my trades have worked out well. It’s probably too late to enter short positions, so now we let our current positions work themselves out and wait for a pullback to get long again. For in depth analysis of my plan…

  • Education Stocks Showing Accumulation and Relative Strength

    A few sectors asserted themselves during last week’s market up move. Education stocks are on fire and showing buying interest from the big boys. While most stocks are coming off bottoms and nearing resistance levels, education stocks are near recent highs. Focus list stocks include EDU, DV, CPLA and APOL.

  • Trade Update

    I took partial profits in DIG and AAPL. They both continued on yesterday’s big gains, providing a good place to take profits. I have moved my stops up to entry. I am still holding my full SSO position. I made last night’s trade report available free to blog readers. It…

  • The Market Clues that Lead to Today’s Move

    I have sounded like a broken record over the past week, both here and in the Trade Report, arguing for my short term bottom thesis. I go into my reasoning in tonight’s Trade Report, which I am providing free to blog readers today:http://docs.google.com/View?docid=d5z8q8w_388ccvw26fj

  • Holding the Lows

    The lows are holding. My game plan is to hold my current positions with stops in place below the lows. As long as the lows hold, we are still within the “bottoming range” formation and just experiencing a retest. The chart below is not annotated, but note the RSI divergence.

  • The Trading Range is Still Intact

    Despite all the doom and gloom, we are still within the bottom trading range.

  • I Own Today’s Biggest Gainer

    My only existing full positions, DIG, also ended up being the biggest gainer of all ETFs today. It gained a whopping 22 percent today. I still see much room to the upside, with an intermediate term target at $50.

  • Bottom Forming

    My current market thesis is that we are putting in a short to intermediate term bottom. I am not saying I think this is the final bottom and the bear market is over. However, it does look like the down trend will test major resistance levels. This would provide a…

  • Trade Update: DIG

    I took a small position in DIG today at $30.45. I usually don’t like to buy big gaps down, but it has entered my initial buy zone and offers a good risk ratio for easy trade management. As noted when I took profits yesterday at resistance, a pullback and retest…

  • SSO Chart

    The S&P 500 has clear buy and sell zones that can be played to limit risk and provide optimal entries. I am waiting to enter as near to these zones as possible.

  • Trade Management

    Here’s a note I posted in last night’s report on Trade Management and my strategy during the past two weeks: During the past two weeks, as noted in the reports and blog, my oversold bounce trades have basically broke even. A waste of time? Not quite. I was confident the…

  • A Positive Sign

    Commodities did quite nicely today. This is a good sign.

  • Wednesday Game Plan

    I currently am holding one position (K–which is still above entry). I took partial profits in X at $60, moved my stop to entry, and was stopped out. My plan for tomorrow is to take a small position in SSO on weakness. I will likely enter if it dips down…

  • The Morning After . . .

    I woke up early this morning hoping to see something significant going on in early morning trading. I should have slept in. Not much is going on. At least futures are not down significantly. It may be worth noting that Australia cut rates. Could more countries follow? The Australian ETF…

  • Game Plan for Tuesday – Free Trade Report

    The bullish tails that printed today in the indexes and most stocks set up a possible entry tomorrow based on a reversal thesis. I am providing tonight’s Trade Report for blog readers for free. http://docs.google.com/View?docid=d5z8q8w_331gdg73xjn If interested in subscribing, click here. Trade Safe.

  • SPY Prints Possible Reversal Candle

    Believe it or not, although SPY was down almost 4 percent today, technically it was a good day. The index printed a bullish “long tail” candle on massive volume, while the Worden T2108 indicator at extreme oversold levels. Generally, this ia a clear reversal signal, at least short term. The…

  • Kellogg: The New Momentum Play

    Kellogg, Campbell Soup and Clorox–the new league of momentum stocks. When these types of stocks are the only bullish trending stocks around, you know it’s not a bullish momo traders paradise (it is for bear trend traders). Kellogg looks good on a pullback to support.

  • Trade Update: SSO, DUG and POT

    I was stopped out of 100 shares of POT at $105.18 (short at $125.10) for a loss of $1992 (-18%) I exited DUG at $43.85 (average entry at 36.44). I originally entered with a total of 300 shares. My exits were at $40.12, $42.05 and $43.85, 100 shares each for…

  • Important Lesson and Free Trade Report

    I am posting today’s issue of the member only Trade Report. It is the shortest report I have published, and has the smallest focus list ever presented. There are also no charts. However, there is an important lesson that applies to blog readers as well as report membersqau. http://docs.google.com/View?docid=d5z8q8w_313cgc6qqtr