Paul J Singh

Category: Trade

  • Today’s Trades: EWZ and QID

    I sold 700 shares of EWZ at $49.74 (entry at $48.44) for a $910 gain (+2.7%). I originally entered this trade as more of a long term swing trade. However, I didn’t trust the gap up this morning, since it wasn’t on tremendous volume. If I can enter again at…

  • Today’s Trade: EWZ, AKAM and RATE

    I sold 500 shares of RATE at $43.44 (entry at $42.53)for a $455 gain (+2.1%). I sold AKAM at $56.90 (entry at $55.63) for a $508 gain (2.2%). I bought 700 shares of EWZ at $48.44. Over the past six months EWZ has been in a solid uptrend with the…

  • Trade: LEH

    I bought 250 shares of LEH at $82.64. This is a speculative play along the lines of the AKAM trade. My target is the recent highs at $86, and my stop will be placed just under the 50 day moving average, around $80. The brokers have been strong over the…

  • Today’s Trades: RATE and AKS

    I bought 500 shares of RATE at $42.53. The stock spiked up over resistance on strong volume and has now pulled back on diminished volume, printing an ideal NR7 entry. I bought 500 shares of AKS at $22.08. As you guys know, I love steel right now. I picked AKS…

  • Today’s Trades: STLD and AKAM

    I sold all 900 shares of STLD at an average price of $39.88 for a $1577 gain (entries at $37.87 and $38.45). Currently we’ve got a long bar heading right into resistance at $40. This is a strong stock, and steel has been on fire, so I may re-enter on…

  • Today’s Trades: NCTY, CHIC and STLD

    I was stopped out of the remaining 250 shares of NCTY at $36.15 for no gain. The total gain on the 500 share trade was $275. I bought 500 more shares of STLD at $37.87. I am currently in for 1000 shares of the stock, with the other 500 shares…

  • Trade Update: NCTY and STLD

    I bought 400 shares of STLD at $38.45. I’ve been waiting for a nice pullback in this stock, and we’ve finally got one. Not as far as I’d like, but we’re dealing with a very hot sector, so I was willing to enter with more downside risk than normal. Since…

  • Today’s Trade: NCTY

    I bought 500 shares of NCTY at $36.15. This stock was originally on my “breakout” list, with $38 as the potential entry point. However, upon further review, I decided that it would make an even better pullback entry. Note that the stock has been a buy whenever it pulls back…

  • Trades: USO, RIO and EWZ

    I had internet problems yesterday and was not able to post the following trades: I sold 400 shares of RIO at $34.25 (entry at $32.25) for an $800 gain (+6.2%). I sold 500 shares of EWZ at $48.00 (entry at $46.10) for a $950 gain (+4.1%). I sold 500 shares…

  • CAL’s Inverse Correlation with Energy

    Today I went short on CAL, an airline stock, and went long USO (U.S. Oil Fund). Most likely, this trade is either going to pay off handsomely or hurt badly. I don’t see much hope for any middle ground, as the stocks have had an inverse correlation over the past…

  • Today’s Trades: CAL and USO

    I re-entered a 500 share short position in CAL at $41.60. This is an aggressive play, as the stock has not yet broke the forming head and shoulders pattern. I also bought 500 shares of USO at $46.80. My target is $50, which is just under the 50 day moving…

  • Today’s Trades: EWZ and RIO

    As discussed last night, EWZ looks attractive as a pullback candidate, so I bought 500 shares at $46.10. I bought 400 shares of RIO at $32.25. I’ve been waiting for a decent entry in a steel/metal stock for quite some time now, and finally found a decent pullback. I placed…