Paul J Singh

Category: Uncategorized

  • Bear on Wall Street Revisited

    I like to play this clip whenever the bears are getting crushed, and this is one of those times. Watch this clip bears, but don’t let it get you down. One of these days the market will do what it is supposed to do, and you guys will start to…

  • Chart: AAPL

    AAPL (Apple Computer, Inc) has been on my “shorts watchlist” every since it broke down below $90, and I made a tidy profit shorting it earlier in the week. While the stock has bounced off the week’s low, it has not been able to mount the $90 area. The fact…

  • Today’s Trade: GG

    I noticed that GG was bouncing off the 200 day MA, which also is at a nice price support area, so I bought 500 shares at $28.41. Unfortunately my cold has turned into a nasty infection, so I likely won’t be able to update my trades for another few days.…

  • Feeling Crummy, Trades, Dr. Steenbarger and Iverson

    I’ve been feeling like crap since late last week, so I have not been able to post my trades lately. A few positions I’ve taken over the past few days include: short AAPL, short RIMM, long USO, long SVVS, long FTO and long STLD. I hope to update the specifics…

  • Chart: USO

    USO (United States Oil Fund) may be in the midst of printing a bottom here. The stock has been in free fall since the late August double top breakdown. However, this past week the stock pushed past 50 day moving average with an extremely strong RSI reading. A bullish flag…

  • Chart: RIMM

    RIMM broke down below its mid-November gap level and looks ready for another leg down. If the stock holds below the $130 level, I will likely enter on the short side.

  • Today’s Trades: REDF

    I bought 500 shares REDF at $20.11. The stock had been setting up nicely and it made my watchlist last night with entry on a breakout of $20. Technically, the MACD has turned up and the 50 day moving average is pointing up and look ready to cross the 200…

  • Trades

    Here is an update of trades I’ve made since Friday: I bought 500 shares STLD at $32.50 yesterday, and sold today at $34.25 for an $875 gain (+5.3%). I bought 500 shares of GROW as it broke $52.50 and sold at $54.30 for a $900 gain (+3.4%). I bought 500…

  • So Far, So Good

    While today’s action has made me take a step back and slow down on my “short tech and semi’s thesis”, I still think it’s valid. While there were gains today, the volume just wasn’t there for a lot of the stocks that I follow. For example, let’s take a look…

  • Am I Crazy? I Disagree With the Great Jesse Livermore

    Today I was going over my my journal notes over the past twelve months. One of the things I always note when I log my trades is whether my trade went against the market and sector trends, and if the market is trending or range bound. Surprisingly,whether I traded with…

  • 100 Notable Books of the Year

    Studies show that reading everyday keeps the brain and memory sharp. Just like a muscle, if you don’t use it, you lose it. For the past few years, I’ve made it a point to read a book for at least 45 minutes everyday. It might not sound like much, but…

  • Trades, Market Direction and Other Stuff

    I sold half my position in GG at $31.05 (entry $29.07) for a $396 gain (+6.8%). I’ll let the remaining shares ride until they hit my stop, and may add more if the stock pulls back to support. I sold half of my HAL position at $33.95 for a $397.50…

  • Another Trade: GG

    I went long 400 shares of GG at $29.07. The stock broke out over a 3 month cup and handle pattern and recently crossed over it’s 200 day moving average. While I don’t like to trade long stocks that have a 200 day MA that is above the 50 day…

  • Trades: JOYG, HAL and AKAM

    Today I sold the remaining 200 shares of JOYG at $44.25 (entry at $42.73) for a $304 gain (+3.5%). The total gain on the trade was $758 (5.0%). I may consider re-entering on a breakout over $46. A breakdown below $42 would make for a good short entry. Yesterday I…

  • Sectors and Stocks to Watch

    I will be watching Broker Dealer, Internet, Semis and Homebuilders very closely this week. Each of these sectors took big hits today and many stocks are near breakdown of either trendlines or moving averages. We must also keep a close eye on gold and energy stocks. Will the “smart money”…

  • No Posts Until Tuesday

    My vacation is over and I’ll be spending most of Monday catching up at work. Expect my first new post on Tuesday, when I plan to resume my “early rising” experiment.

  • Today’s Trade: BOOM and JOYG

    I sold half of my 400 share position in JOYG at $45 (entry at $42.73) for a $454 gain (6.3%). I still own 200 shares. I went short 400 shares of BOOM at $30.32. As I’ve mentioned in the past, BOOM’s supporting an ugly chart that makes for a nice…

  • Today’s Trade: JOYG and AKAM

    Although I am on vacation, my mind is never too far from the markets and I was able to make a couple of trades. Since I am not able to monitor my watchlists as close as I would like, I’ve narrowed my watchlists to only a few sectors and stocks,…

  • Will Rising Early Increase My Productivity: Part II

    I don’t think I’ve experienced an evening quite like the one I had last night in a long, long time. Since I completed my two main evening tasks in the morning, my evening was less regimented than the one I posted on Monday. During the time I normally work out,…

  • Today’s Trades: AAPL and AKAM

    I sold 300 shares AAPL at $85.10 (entry at $83.10) for a $600 gain (+2.4%). If the stock can close above $85, which is a major resistance point, I may enter again tomorrow. I bought 400 shares AKAM at $48.35. This has been a buy the dip stock, and today’s…

  • Will Rising Early Increase My Productivity: Part I

    A reader took a look at Monday’s “daily schedule” post and told me I should consider kicking the night owl habit. He pointed me to some articles by Steve Pavlina detailing how waking up early can increase your productivity. Although I feel like my schedule works for me, I’ve decided…