Paul J Singh

Category: Trade

  • Quickie Trading Note: QLD and GS

    I took partial profits in the GS short and QLD. I have lowered my stop on QLD which will allow me to either break even or have a profit on the trade (right now break even looks more likely).

  • Trade Update: QLD

    I bought 200 shares of QLD this morning at $78.23. This is purely a short term bounce play. We are at August lows which may act as support, and Big Ben speaks today. The risk is we blow through the August lows and retest the March lows, which is a…

  • Trade Update

    I covered 50 shares of AAPL at $169.84 (entry at 177.68) for a $392 gain (+3.7%). I am still holding 50 shares short. As noted in the entry post, $170 was my first target and my next is in the $155-160 range. I will move my stop on the remaining…

  • Quickie Trade Update: GS, TRA and GG

    I took small long positions in TRA ($50.27) and GG ($37.95). These are ag and gold playes, two sectors that have been the sectors to play on dips. I went short GS at $198.96.

  • Today’s Short Play: AAPL

    I am short 100 shares AAPL at $177.68. I’ll take 50 shares off the table at the recent low of $170, and the other 50 if the stock reaches the November low of $155. My stop is above the 50 day moving average, around $183. It’s always tough to short…

  • Short Term Capitulation?

    I have a feeling we might be in the midst of short term capitulation. Things look really bad, many former leaders are getting abused and it is really tough to buy right now. Note that does not mean we are going to see the uptrend resume. If we get a…

  • Market, Trade and Chat Notes

    Trades:I initiated a few shorts on the morning bounce (DRYS, LEH). I bought KGC, a gold stock for which I had a buy stop in place on breakout of $21. Tough Market:Four of the six people I’ve had private chats with have said they are having trouble gaming this market.…

  • Quickie Trade Update

    I’ve been even busier than usual, so another quickie trade update. I took partial or full exits in all of my shorts. The AAPL and FSLR shorts have been magnificent. I added 100 shares of MON at $119. If things slow down a bit tomorrow, I’ll have a full update.…

  • Mon Posts Earning Surprise (and BIDU Trade)

    What a freakin’ relief. MON posted monster earnings this morning, and the future of this ag company looks bright. I bought 400 shares yesterday at $110.22 and the stock is currently trading above $119. I sold half my position at $119.10 for a $1776 gain (+8.0%). I am going to…

  • Quicke Trade Update

    I went short DRYS (81.30), long MON (110.22). Covered a few profitable shorts: NCTY, AKAM and DHI. I’ll fully update later.

  • A Historic Day of Profits for the Speculator

    I sold 200 shares of POT at $150.10 (entry at $138.14) for a $2392 gain (+8.6%). I sold the remaining 150 shares of CF at 118.34 (entry at $92.05) for a $3943 gain (+28.5%) I sold 150 shares of AAPL at $202.15 (entry at $179.80) for a $3352 gain (+12.2%).…

  • Today’s Trades: POT and GS

    I bought 200 POT at $138.14. Nice cup and handle breakout. I would have liked to enter in the $135-136 range, but I don’t want to chance missing out if the year end rally continues. I went short 100 shares of GS at $213.78. My stop is above the 50…

  • Catching a Breakout Early: CF Trade

    On Tuesday I bought 300 shares of CF at $92.05. Today the stock broke out over resistance at around $100 and closed at $107.76. I sold half my position near the close at $107.34 for a $2293 gain (+16.6%). I am holding 150 shares and will buy more on a…

  • Quick Trade Update

    I took small long positions in CF (92.05), AAPL (179.80), FSLR ($235.25) and RIG (132). The first three were so oversold that I decided to buy after they started to bounce off their lows. If we get the holiday bounce everybody is waiting for, these stocks should do quite well.…

  • Today’s Trades: CPLA, JASO, FSLR, FCX, PBR

    I made a few pilot buys in strong stocks that are dipping today: CPLA (300 shares at $68.95), MBT (150 shares at 93.03). I exited 300 shares JASO at $70.31 (entry $62.04) for a $2481 gain (+13.2%). I exited 125 shares FSLR at $239.85 (entry at $223.30) for a $2068…

  • Trade Update

    I am using today’s strength to add a few bearish positions: QID (ultrashort Nasdaq), HOV (homebuilder) and SKF (ultrashort financials). I have moved my FSLR stop up to around $240. This locks in at least a $2000 gain on the remaining 125 shrares. I exited 500 shares of URRE at…

  • Market Note, Trades and Videos

    It’s still too early to tell if today’s market action is the start of a new trend. I am looking to add a short or two, but won’t get get heavily short until a trend starts. Today I went short FCX, DHI and NCTY, and they all went in my…

  • Today’s Plan

    I’m ignoring the fact that today is fed day and just looking for entry prices from my watchlist to get hit. I’ve already taken a long positiions in JASO and AGU today, and a short position in a homebuilder (I can’t remember which one at the moment).

  • Today’s Trades: URRE, NCTY, FSLR

    As I said I would in last night’s trading video, I exited half my FSLR postion (125 shares) at $247.20 (entry at $223.30) for a $2987 gain (+10.7%). My current position is 125 shares and my stop is at the original entry price. I bought 500 shares of URRE at…

  • Trades and Performance Stats

    Here are trades I’ve recently made. All entries were posted to the site and can be viewed via the trade label. Entries for these trades were made on or after November 9th, and exited this week. I have completed other trades since the 9th, that were posted on the site.…

  • Trades: VIP, LEN and FSLR

    I bought VIP and FSLR and went short LEN. I tried to go short VMW, but no shares were available for short. I’ll detail my reasoning for trades later today. Judging from my inbox, last night’s “not enough to beat the indexes” post seems to have rubbed some of you…