Paul J Singh

Category: spy

  • Essential Steps for Shorting SPY and The Stock Market

    Shorting the stock market is never easy.  However, the market often gives us clues that increase the probability of a successful trade.  Two weeks ago we talked about those clues. How to identify a market short signal Since then the market made an attempt at remounting the 50 day moving…

  • 3 Bounce Entries For SPY

    While SPY is oversold, I would like to see more weakness before entering long based on oversold conditions. The chart below shows three great bounce entries:

  • The SPY Failed Breakout Trade

    On August 12th I went short SPY around $131 (actually used SDS) based on the “failed breakout scenario” I noted in the trade report. While it’s been a bumpy ride, the trade is really starting to take off now. This is a good example of how important it is not…

  • SPY Trade Analysis

    Last Monday (August 12th) I took a small SPY short position based on a “failed breakout” scenario, above $131 (I actually used SDS–the inverse ETF). It’s now trading at $126.69. Below is what I wrote to my trade report members. It explains not only the setup, but the thought process…

  • SPY Breaches Key Support Level

    As I noted in the member only Trade Report two days ago, I took an early entry short position in SPY (via short ETF SDS)based on the idea that a failed breakout could lead to big gains, while continued up move would stop me out for only a small loss.…

  • 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…