Paul J Singh

Category: Trade

  • Today’s Trades: BIDU, LULU, OII, NOV, AEM, NILE

    I sold 70 shares of BIDU at $312.14 (entry at $284.26) for a $1951 gain (+9.8%). I believe this was the first time I have ever traded BIDU, and judging from the results, probably won’t be my last. I will likely continue to buy on weakness. I sold 400 shares…

  • Watchlist and BIDU Position

    I took a small position in BIDU on weakness this morning, buying 70 shares at an average price of $284.26. My initial target is the recent high at $300. Stocks I’m monitoring closely include: FCX, SLB, NOV, BHP, AEM, EWZ, DGIT, DWSN, NILE and TBSI.

  • Today’s Trades: AEM, FWLT, NILE and FCX

    I sold 300 shares of AEM at $50.35 (entry at $46.85) for a $1050 gain (+7.4%). I sold 200 shares of FCX at $107.50 (entry at $105.25) for a $450 gain (+2.1%). I sold 200 shares of FWLT at $133.32 (average entry $127.88) for a $1088 gain (+4.3%). Update (9:45am):…

  • Today’s Trade: NILE

    I bought 300 shares of NILE at $96.55. The stock has pulled back to the old high on light volume. My stop is at $94.55 with an upside target of $103. If I get stopped out due to a deeper correction in the stock, I would probably re-enter in the…

  • Today’s Trade: MT

    I sold 300 shares of MT this morning at $73.40 for a $576 gain (+2.7%). I may be this one back if it dips into the $68-70 range. I’m looking for dips today in stocks on my primary watchlist. Oil, Industrials, Copper, steel, some techs (GRMN, NVDA, VDSI) and other…

  • MT Trade

    I entered MT this morning, buying 300 shares at $71.48. Stepping back from the trade, it looks like I may have entered a bit early. The last time MT had a similar breakout with a long price bar (early June), price action immediately pulled back to the breakout point before…

  • Trades: TBSI, FWLT, AGU, SRS, NVDA, VDSI, PCU, BHP, GRMN, OII

    I sold 200 shares of TBSI at $39.68 (entry at $37.34) for a $468 gain (+6.2%). I sold 200 shares of FWLT at $130.10 (entry at $125.75) for a $870 gain (+3.4%). I sold 200 shares of AGU at $50.35 (entry at $48.75) for a $320 (+3.2%). I sold 200…

  • Trades: LFC, SII, SWHC, UA

    I sold 300 shares of LFC at $73.52 (entry at $70.68) for a $852 gain (+4.0%) gain. I sold 300 shares of SII at $67.40 (entry at $68.40) for a $300 loss (-1.5%).I sold 300 shares of SWHC at $18.93 (entry at $19.45) for a $156 loss (-2.6%). I sold…

  • Today’s Trades:

    I used today’s weakness to take some small positions in stocks from my primary watchlist: I bought 200 shares of TBSI at $37.34 I bought 200 shares of OII at $71.25 I bought 200 shares of FWLT at $125.75 I bought 200 shares of AGU at $48.75 I bought 100…

  • Trades: BCSI, UA, GS, GRMN, FWLT, LEH, UA, SWHC

    As I posted yesterday, I exited the following positions: I sold 500 shares of BCSI at $80.90 (entry at $76.27) for a $2315 gain (+6.0%). I sold 500 shares of UA at $64.10 (entry at $62.50) for an $800 gain (+2.5%). I covered 150 shares of GS at $183.40 (short…

  • Trades: NOV, SDS, DDM, NEM, DBA, BCSI. FWLT, VDSI, GRMN, UA, NVDA

    Yesterday, I sold 400 shares of NOV at $133.25 (entry at $127.23) for a $2408 gain (+4.7%). Of course, looking back I wish I would have held on (it’s currently trading at $136), but I can’t complain about a $2400 one day profit. Yesterday, I sold 300 shares of SDS…

  • Quickie Trade Update

    I’m in a hurry, thus the quickie trade update. I’ll go into more detail in my next post. I exited NOV for a nice gain. I exited my index and gold plays, DDS, NEM, DBA and SSO for small to moderate gains. I exited GMCR for a loss. I took…

  • Charting National Oil Varco (NOV) and Today’s Trades

    Today I bought 400 shares of NOV at an average price of $127.23. As I noted in Sunday night’s post of last week’s top stocks, oil stocks are making a move. Therefore, I was looking to enter NOV on weakness. As we can see in the chart, the stock broke…

  • Quickie Trade Post

    I took positions in NOV, NEM and SRS (short real estate ETF). I was also stopped out of TOL for a loss. My schedule is full today so I’ll have to detail these trades tonight.

  • A Not So Technical Trade

    I know I’m not the only one annoyed by this market. It’s not that we are in a trading range that’s pissing me off, it’s the non-sensical up and down days we are seeing. Anyway, I’m not going to let my emotions get in the way. As we all can…

  • I Rushed Today’s Trade: GRMN

    I sold 500 shares of GRMN at $107.04 (entry at $105.25) for a $825 gain (+1.7%). I don’t feel good about this trade. It may sound hard to believe, but I am probably more conflicted about this trade than any losing trade I’ve this past year. After reading comments and…

  • Today’s Trade: GRMN

    I bought 500 shares of GRMN at $105.25. I placed a buy order pre-market at the breakout point, which also marks a new high for the stock. The triangle pattern appealed to me, as well as the strong stochastic and volume readings. I will likely place my stop below the…

  • Trades and Watchlist

    Trades (posted in comments this morning): I sold 500 FLR at $123.89 (entry at $120.20) for a $1845 gain (+3.4%). I bought 400 TOL at $21.11. I am short 400 shares NUE at $52.56. I bought 400 shares of SDS (2X short S&P 500) at $55.80. I will detail the…

  • 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…

  • Shorting Momentum Stocks: the GRMN Trade

    Those of you familiar with my trading style know I rarely short high flying stocks. While it seems logical to go against a stock that is overextended, this type of trade generally takes on too much risk. Stocks tend to trend longer than they “should” due to market psychology and…