Paul J Singh

Category: Trade

  • Quickie Trade Update

    I bought PBR, OFG and short NOV.

  • Quick Trade Note

    Today I went short PGJ and MER. I’ll post more later today.

  • Today’s Trades: QID, NOV, AAPL, MA,TOL

    As noted in yesterday’s video, I went into the week with my bear hat on. I don’t trust this market. Price action has been horrid of late. It’s not just the distribution days, but the nature of the subsequent consolidation. Every attempt at a bounce has been met by quick…

  • Thin Trading Makes for a Slow Day

    As expected, we are seeing light post holiday volume and a small bounce. I used the bounce to exit the remaining shares of XOM at $88.25 (entry at $84.20). If we continue to bounce on low volume next week, it might be an opportune time to unleash a few shorts…

  • Taking Partial Profits

    I’ve spent most of my day off today managing my positions and doing some light reading. I sold half my MA postition at $186.77 (entry at $181.04) and am holding the rest, wich is currently around $179–yikes!. I sold half of QLD at $102.06 (entry at $99.63) and half of…

  • Panic Overwhelms the Market

    Well my friends, panic seems to have set in. I sense there is something different about today’s decline. Over the past couple of weeks, dips have been met by underlying strength, and the general mood was that they were to be bought. No fear whatsoever. That’s not the case today.…

  • Quicke Trade Update

    Quick note that I am long MA ($181.04) and QLD, leveraged long Nasdaq ($99.63) and closed out QID, leveraged short Nasdaq ($40.80). I am using weakness today in anticipation of a bounce based on oversold conditions and the holiday tendencies. I picked MA because it has held up well at…

  • Trade Notes

    I exited DCO at 42 (entry at$38.10) for a $1170 gain (+10.1%) . The setup was an earnings breakout-pullback. I will re-enter on a pullback to $40. I exited 200 shares of NOV at $67.35 (entry at $63.74) for a $722 gain (+5.7%) . This was an oversold bounce play…

  • Trade Notes

    Today’s bounce may present a good short entry. I just went short VMW (89.10) as it nears resistance (former support), TOL (21.46), and took small positions in ultrashorts QID (40.85) and SDS (55.56). On the long side, oil stocks are extremely oversold. I took small long positions in NOV (63.74)…

  • Trades

    At the end of this post, there is a note that I want all of my readers to view. Yesterday, I was stopped out of 300 shares of AAPL at $179.85 (entry at $185.09) for a $1572 loss (-2.9%). Yesterday, my trailing stop on RIMM was hit at $125 (entry…

  • Quickie Trade Update

    I’ve been very busy the this week, and haven’t had a chance to post trades. I am long RIMM, CTRP, AAPL, MEE, NOV, RIG, BPHX, DCO, and DE. I am short TBSI, LEH and USO. I plan to lighten up today.

  • Today’s Trade: FLR, VMX, MICC, DRYS, CTRP, FWLT

    I sold 300 shares of VMX at $124.25 (entry at $111.24) for a $3879 gain (+11.6%). A post earnings IPO play that has done as expected. I sold 300 shares of MICC at $111.13 (entry at $100.63) for a $3150 gain (+10.4%). This was another post earnings breakout play that…

  • Quickie Trade Updates: RIMM and TOL

    I bought 400 shares of RIMM at $118.91. This is a break-out pullback play. I’m short another 200 shares of TOL at $23.24. Update: I bought 300 shares of VMW at $111.24. Another breakout-pullback play.

  • Quickie Trade Note: TOL, MICC and SAY

    I bought SAY at $28.42 (earnings breakout-pullback) and short TOL at $23.05. I also took profits in MICC at $108.17. I’d like to buy more of MICC on pullback.

  • Today’s Trades: MICC, ISRG and SGR

    I bought 300 shares of MICC at $100.63. The stock broke out over resistance on heavy volume after their earnings release. I bought today’s pullback to the breakout point. I sold the remaing 150 shares of ISRG at an average price of $310.15 (entry at $276.44, sold first 150 shares…

  • Today’s Trades: AAPL, JASO, EDU

    I bought 300 shares of AAPL at $185.09, using my earnings setup. Historically, high volume gaps, especially those that are earnings related, have triggered bullish runs in this stock. I would not be surprised to see this earnings gap propel the stock to the $200 level. I sold 300 shares…

  • Trade Update

    Over the past couple of days, I’ve been stopped out of PCU ($127.90), OII ($76.66), BLUD ($35.76) for losses. I bought 300 shares of ISGR on Friday on a dip of the earnings breakout, at $267.44. I sold half my position today at $278 and am holding the rest. Still…

  • Today’s Trade: PCU

    I bought 100 shares of PCU at $133.20.

  • Today’s Trades: SGR, OII, BHP, JASO, EDU

    I am using today’s dip to buy stocks from strong sectors nearing support. I made the following trades: 300 shares of SGR at $68.00. This is an infrastructure and post earnings suprise play. 300 shares of OII at $78.50. I’ve been waiting for this energy stocks to pullback near 20…

  • Today’s Trade: BLUD and BIDU

    My first post-earnings play of the season is BLUD. Immucor surpassed expectations Thursday and is now consolidating it’s big high volume spike. OBV looks good and there’s a nice volume pattern forming. I bought 400 shares at $38.25. Update: I bought 40 shares of BIDU at $321.23. Pullback is a…

  • Today’s Trades: RIMM, DHI, TBSI

    I added to my position in RIMM, buying 200 shares at $115.27. I went short 300 shares of DHI at $14.63. The housing stock is at the top of it’s downward trending channel. I bought 300 shares of TBSI at an average price of $45.53. Over the weekend I decided…