Paul J Singh

Category: Trade

  • USO and TOL

    I took a small position in USO today. Tight stop with initial target at $80. I took a small position in TOL today on the pullback. Tight stop with initial target at $26.

  • Position Update

    My retail positions are holding up quite nicely (KSS, ARO and LOW). KSS and ARO are still above entries, and LOW has not hit it’s stop. I still plan to hold these until my stop or target is hit. I’ve decided to hold onto USD and lower my stop. It…

  • Today’s Trade: USD

    Wow, what a morning. As I noted in the Trade Report last night, it is not the time to make any big bets. However, today’s reaction may provide some good opportunities. I came into today with very few setups. One was to buy USD on weakness based on the oversold…

  • Final Exit in Pot Trade

    update (11:57am): typos fixed. Thanks to those who pointed them out. I exited what was left of my POT position at $159.89. The final details of the trade. 100 shares of POT bought at $139.22 Exit 50 shares at $150.04Exit 50 shares at $160.06 Average exit $155 for 11.3% gain.…

  • Partial Profits in Commodity Bounce Trades

    I took partial profits in all three of my positions at the close. X at $104.10 (short at $96.36)POT at $150.04 (short at $139.22)DIG at $68.66 (short at $63.85) I am moving my stops up to entry levels and letting the remaining shares either hit the next target level or…

  • Commodity Trades and Last Night’s Game Plan from the Trade Report

    Commodities are bouncing off of yesterday’s lows. I entered three trades on weakness today. I bought: 100 shares of POT at $139.22150 DIG at $63.85100 X at $96.36 My strategy going into the trading day was to only buy when the stocks were in the red. I don’t want to…

  • Quickie Trade Update: X, NOV and UYG

    I was stopped out of X and NOV for small losses. I took a very small position in UYG. More details to come.

  • Trade Entry: X

    I bought 200 shares of X at $110.92 (trade posted on blog this morning). The Setup: Oversold Bounce. Extremely oversold stock within bearish downtrend. Stochastics oversold. Price at April support levels. Risk: Stop placed below support level, around $104. Target in the $120-130 range. I hope to have the other…

  • Trade Update: NOV, POT and X

    I took small long positions in X, NOV and POT. These are oversold bounce plays I talked about yesterday. More details to come.

  • Partial Profits in MOS and X

    I took partial profits in the X and MOS trades. While they had not hit my targets yet, the big drop today was tough to pass on. I still have half the positions on the table. I’ll keep these on and hope for some monster gains in the coming week.

  • MOS Trade

    I’ve decided to increase my short position in MOS, with 200 shares at $89.61 (update: sorry about the typo–that’s 108.61).

  • Trade Update: QLD and MOS

    I went short 400 shares of MOS at $109.11. I highlighted this stock in the blog last night as one of my favorite commidity related shorts. See my last post for the setup. My stop is around $115 with my initial target at $95. This is where I would take…

  • Quick Trade Update

    I bought VLO on weakness this morning. The stock has been showing strong accumulation during the bottom consolidation area, along with positive divergences in indicators. I also took partial profits in my energy plays (USO and DIG). More details later. Here is the VLO chart from last night’s trade report:

  • SPY Trade Analysis

    Last Monday (August 12th) I took a small SPY short position based on a “failed breakout” scenario, above $131 (I actually used SDS–the inverse ETF). It’s now trading at $126.69. Below is what I wrote to my trade report members. It explains not only the setup, but the thought process…

  • Trade Entry: VISN

    I bought 400 shares of VISN at $18.38. This stock was highlighted in today’s trade report, with a buypoint in the $18-19 range. The Setup: Breakout pullback . Volume pattern is solid. Stock is pulling back from recent highs and seems to be showing strength at moving average support. The…

  • Trade Entry: SAFM

    I took a small 1/4 size pilot position in SAFM today, buying 100 shares at $43.29. This stock was highlighted in the trade report, with a buypoint in the $42-34 range. The Setup: Breakout pullback following a strong bottoming formation. Volume pattern is solid. Stock is pulling back at recent…

  • Trade Entry: UTHR

    Entered long 100 shares of UTHR at $108.29. Setup: Breakout-Pullback. The stock pulled back to the bottom of the breakout bar before confirming support today. The recent trend is higher highs and lower lows. Buying pullbacks has been lucrative. Nice volume pattern. Risk: My stop is under the tail of…

  • USO Trade

    As planned in last night’s post, I took a small position in USO once we got some weakness. I entered long 100 shares at $91.47. My stop is placed under the 200 day MA.

  • Trade Entry: POT

    In last night’s Trade Report, I highlighted commodities as an oversold bounce setup. I used POT as my primary example and entered today based on last night’s analysis. I bought 300 shares of POT at the open at $176.31. Setup: Oversold bounce setup, within a longer term topping pattern. Stochastics…

  • Airlines

    I have been saying almost non-stop over the past couple of weeks that airlines are in a short to intermediate term bottoming formation!!! Take a look at the capitulation day in mid-July, followed by that purdy volume pattern. Does it get any better than that? As noted earlier today, I…

  • Quick Trade Update

    I have exited SSO, LVS, UAUA and AUXL for gains. I also exited the remaining JRCC short position for a positive gain. More details later.