Paul J Singh

Category: market notes

  • Revisiting Building A Better Watchlist

    Ever since the “Beat the Market by Building a Better Watchlist” post, I’ve received a number of e-mails asking for more detail about how I build the watchlists that I post on the site. It takes a complex, organic process that takes many factors into account to narrow a list…

  • Boone Pickens on Oil

    No surprise here, oil tycoon Boone Pickens is an oil bull. According to Mr. Pickens, we are not near a top, although there could be a short term correction. I’m looking to buy on a pullback to the mid 70 range. MT TradeBuilding a Better Watchlist

  • Beat the Market by Building a Better Watchlist

    I attribute my modest success as a trader to preparation and building strong watch lists. Entering and exiting trades is the easy part. Most of my time and energy is focused on narrowing thousands of stocks down to a strong, manageable list of stocks that will beat the market. This…

  • The Nifty Fifty

    Needless to say, I am relieved at the way the market is reacting to the Fed’s “nifty fifty.” I was a nervous wreck all day, considering the long positions I was holding going into the meeting. Not only did I have my current positions, I also bought BHP and PCU…

  • Market Notes, Primary Watchlist and Greenspan Rant

    I’ve thought long and hard about how to play tomorrow’s Fed announcement. After much back and forth, I’ve decided to just hold onto my current positions and let the trades play out according to my original analysis. I feel protected by the fact that I have taken on smaller than…

  • Sectors Posting Five Days of Gains

    The following 15 sectors have posted positive gains 5 days in a row: Sectors that have me interested include: beverages, aerospace/defense, oil & gas and ag chemcicals.

  • 15 Stocks to Watch and the Short Watchlist

    If you are still long on the market, these 15 stocks are a good place to start your quest for trading candidates. They are among the best performing stocks last week. A cursory glance tells me energy and gold are the places to be right now. As expected, I received…

  • A Reader Criticizes My Non-Technical Impulsive Trading

    A reader seemed disappointed with Friday’s “not-so-technical” trades. In that post, I said I was annoyed and pissed off by a market making non-sensical knee jerk moves. To take advantage of an emerging pattern (market is up one day and down the next), I went long the indexes on extreme…

  • Where I Start My Research on a Negative Day

    Only 10 of the 239 Hemscott Industry Groups featured on Telechart were positive today. This is a good place to start tonight’s research. One stock that piqued my interest is SOHU:

  • Why I Don’t Trust this Rally (and Bush Bashing)

    I don’t trust today’s strength, and may use the last hour of trading to initiate some small short positions. The reason for my distrust is twofold. I believe the market is overreacting to comments from Bush that do little to address the subprime problem. Unless he is willing to provide…

  • Why Running Away Never Won Glory or a Fight

    Fight with valor,and with a sense of shame before your comrades.You are less likely to be killed with a sense of shame.Running away never won glory or a fightHomer, The Iliad Lately I’ve been hearing a lot of traders say it’s a “good time to pull out of the market”…

  • Today’s Trades: GRMN, LEH and QID

    I know I will receive alot of questions asking why I didn’t stick with my short positions longer. While I do feel like the market has more room to the downside, I don’t trust pre-holiday trading for sustained moves. Therefore, I feel it’s best to take my profits with shorter…

  • Today’s Trades: LFC and SDS

    Missing the moves in BCSI and CROX this past week allowed me to come to a conclusion about current market conditions: the small list of realy strong momentum stocks are not pulling back much in this market. My best guess as to the reasoning for this phenomena is that there…

  • Two Stocks to Watch: FLR and HOC

    It’s tough to guess which way the market will go this week, so I won’t make any big bets in either direction. While the bulls did a fine job in terms of price action, what we had was a “V-ish” move toward resistance on light volume. That’s not bullish. So…

  • The "Throw Up" Trade Produces My Greatest Trading Day

    When things were at there worst yesterday, besided feeling like throwing up, I felt the markets were extremely oversold and ready for a bounce. I entered seven short term positions which I sold into today’s strength (please note that I posted tickers of my entries yesterday). The only thing that…

  • If You Feel Like Throwing up, Go Against Your Better Judgment

    I subscribe to the theory that when things are at their worst, when you have that knot in your stomach that makes you want to throw up, and you feel like there’s nothing but gloom ahead, that is the time to do the opposite of what your emotions are telling…

  • Distribution is Taking Over

    Lately I have advised that market the volatility is just noise within a range and it is too early to make predictions in either direction. Things are becoming clearer now, and the news is not good for bulls. The SPY (S&P 500 ETF) has broke down below both price and…

  • Chart: ZUMZ

    When the market tumbles, the first thing I do is scan for stocks that performed as if in a bull market. ZUMZ was up over 4 percent today, and broke out over major price resistance on heavy volume.

  • Market Notes and SPY

    Talk about a brutal day. After all the talk of a market comeback yesterday, I was expecting weakness today, but nothing like this. In fact, I was so confident that the morning dip would be the low point, I bought CROX and covered my MS short (I’ll post the trades…

  • Trade: UA

    I sold 400 shares of UA at $69.10 (entry at $63.65) for a $2180 gain (+8.56%). Considering the stock closed at $66.68, I can understand if someone reading this rolls their eyes at what looks to be perfect timing for exit. Please note that I left a comment regarding the…

  • The Fast Money Guys Versus The Market Speculator

    The Fast Money guys are hot on the financial sector, with Guy Adami specifically pointing to Morgan Stanley as a valuation play. I, on the other hand, am bearish on the sector and currently short Morgan Stanley. There is no way a true technician could enter MS from the long…