Paul J Singh

Category: Trade

  • Trades: UA, CROX, NOV, GRMN, STLD, GMRC, LEH, SDS

    As noted in yesterday’s post and comments, I took positions early in the day yesterday and exited early today. While I am still very bullish on the 4 stocks I bought, today’s strength was not confirmed by volume, and all of the stocks are nearing resitance levels. Therefore, I decided…

  • Today’s Trades: GRMN, UA, CROX, NOV LEH, STLD AND SDS

    A quick note that today I went long GRMN, UA, CROX, NOV I am short LEH and STLD. I also initiated a position in SDS, which is a leveraged ETF short the S&P . I’m off to a meeting and hope to post more detailed info shortly.

  • 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…

  • Today’s Trades: NOV (and Steel comment)

    I bought 300 shares of NOV at $114.35. Buying this stock on pullbacks has become a go to move for me, like Allen Iverson’s crossover. This is one of those “keep doing it until it ceases to work” trades, akin to feeding a hot three point shooter. Okay, that’s it…

  • Trades: AAPL and NOV

    I sold 150 shares of AAPL at $125.84 (entry at $121.75) for a $613.50 gain (+3.3%). I noted the exit in the comments section of my last post. At the close, I sold 200 shares of NOV at $116.11 (entry at $109.64) for a $1294 gain (+6.0%). Both trades were…

  • Trades: MS, AAPL, NOV and CROX

    I covered my entire 800 share MS short, half yesterday at $63.05 and half today at my target, $60.10 (average entry price was $65.89). That comes out to a $3455 gain (+6.4%). I have not unloaded CROX yet, despite currenly being about 5 points down (-$2000). I’ve decided to use…

  • Under Armour Entry

    Here is the reasoning behind the UA trade trade I made today: It is startling just how well UA has performed in the midst of the current market conditions. What if UA had reported earnings in a good market environment? This explosive move leads me to believe the stock will…

  • Today’s Trades: MS, UA and NOV

    I bought 400 shares of UA at $63.65 I bought 300 shares of NOV at $111.10. I went short 400 shares of MS at $65.54 I will go into more detail about these trades tonight.

  • Trades: MT, MS, QID, NOV

    I cleared out all of my positions that were entered on August 2nd, since they all either hit their targets or stops. I covered the MS short, 400 shares at $60 (short at $64.20) for a $1680 gain (+6.5%). I sold 400 QID at $46.55 (entry at $44.88) for a…

  • Trade: MMM

    Later in the day I bought 400 shares of MMM at $88.75. The stock shows no signs of the recent market slide. I know some of you are scratching your heads thinking “it’s dropped from $92 to $88.” I see that too, and I like it. While many stocks pulled…

  • Today’s Trades: MT, QID, MS and NOV

    Long Trades: I bought 400 shares of MT at $64.20. I bought 100 shares of NOV at $115.10. Short Trades: I am short 400 shares MS at $65.20 I bought 400 shares of QID at $44.88, which is 2X short the Nasdaq.

  • Stopped Out

    A quick note, while on vacation, that I was stopped out of all of my positions. I am currently 100 percent cash and will not likely make any trades over the next few days.

  • Analyzing FTO trade

    A reader wanted a more in depth analysis of the FTO trade. The basic principle is as I stated when I made the trade: a pullback to support with a strong confirmation move. Let’s take a look at the chart: The first thing that jumps out at me is the…

  • Trades: FTO, VLO and CMG

    Three trades based on confirmation moves after pullbacks to support. All three positons came from my “primary 100 watchlist”. CMG was on the top 25 low floats posted yesterday. I bought 500 shares of FTO at $46.05. Nice high volume confirmation move at support. I bought 300 shares of CMG…

  • Trades: EWZ and JOYG

    I am posting yesterday’s trades a day late due to computer problems. I bought 500 shares of JOYG at 62.04. As I noted on Monday, I was looking for a breakout with better than average volume above $62. I bought 500 shares of EWZ at $64.25. For quite some time,…

  • Trades Galore: SRDX, OII, MT, EWZ, RIO and NILE

    I was a little nervous as to how the markets would react this holiday week, especially when you take into account that I was holding 7 positions over the weekend. I used today’s bounce to unload almost all of my existing positions. Since we are at the halfway point of…

  • Today’s Trade: SRDX

    I bought 500 shares of SRDX at 45.54 (I noted this in the comments of my last post, but didn’t get to post it here). As I stated last night, SRDX was setup as a short squeeze play: SRDX, a drug stock, broke out over price and moving average resistance…

  • Today’s Trades: OII, HEI and MT

    Today I took positions in three of the six stocks that I posted on my primary watchlist last night. All three are pullback plays in trending stocks. Due to the current nature of the market, I cut my normal position size in half for these trades. I bought 250 shares…

  • Today’s Trade: EWZ

    I took a small nible in EWZ at the close yesterday, with a 300 share position $60.35. I’ve placed a mental stop just under $60, with an initial target at the recent all time high, around $63. I’ll look to add more if it can break into new high territory.…

  • Today’s Trade: NILE

    I bought 400 shares of NILE at $58.45. The stock made it to my “low float high short interest breakout” watchlist yesterday (also discussed in the video webcast). My stop will be in the around $56 range.

  • Today’s Trades: BEAV and ZEUS

    I sold 500 shares of ZEUS at $34.25 (entry at $32.90) for a $675 gain (+4.1%). I sold 500 shares of BEAV at $38.55 (entry at $37.25) for a $650 gain (+3.5%).I am still holding TMX, BBD, SYNL, STLD and IBN.