Paul J Singh

Category: Uncategorized

  • Chart: AKAM

    AKAM’s (Akamai Technologies, Inc.) chart is giving mixed signals. RSI and Stochastics often move in tandem, but here we have RSI showing a negative divergence, while stochastics show no divergence and bullish looking higher lows. The best way to play this stock is to ignore the indicators and watch three…

  • Chart: Negative Divergences in GROW

    If I were a betting man, I’d bet that GROW (U.S. Global Investors, Inc.) is going to run out of steam any day now. The recent breakout to new highs has done so with lower volume, lower RSI and lower stochastic readings than its September highs. What we have here…

  • Daily Schedule

    I received an email today from a reader who is a part-time trader and is having a tough time fitting his nightly stock analysis in around his job and family responsibilities. Everybody has different responsibilities and schedules, so this may not be of much help, but here is my schedule…

  • Today’s Trades: AAPL and BOOM, and Trading Therapy Link

    I made two trades today, both from the watchlist I posted last night: Long 300 shares of AAPL at $83.10. Short 400 shares BOOM at $30.18. I’ll go into more depth tonight. It’s not hard to tell from looking at the charts that AAPL is a winner right now and…

  • Monday’s Watchlist

    Here are six stocks on my radar for Monday: AAPL, GROW, TIE, BOOM, LEN and GG.

  • Is it time to play the commodity game?

    As I indicated earlier, this week I have been paying close attention to where the “big whigs” have been parking their money. Early indications seem to be that money is flowing out of tech, semis, housing and retail, and into commodities. Many commodity related stocks and ETFs have not only…

  • Trades: AAPL, TIE, OII, LEN, NEM and emotions after a bad trade

    I sold the remaining 250 shares of AAPL at $84.25. My average exit price for all 500 shares was $82.55, with an average entry of $78.77, for an $1890 gain (+4.7%). I covered all 300 shares of OII at $41.50 (short at $36.05) for a $1635 loss (-13%). This is…

  • Sector Watch and BIDU Chart

    It will be interesting to see where the money flows over the coming days. I am not going to make any guesses, but will monitor where the “smart money” ends up very closely. Here is a snapshot of nine sectors tracked by the S & P, courtesy of stockcharts.com: BIDU…

  • Kick Back and Relax With These Clips

    I want to see how the market reacts to the Democrats winning the house before making any trades, so I’ll probably lay low Wednesday. Of course, I’ll be watching the trades that I have in play, but will let my stops take care of them. In the meantime, check out…

  • Chart: TIE

    TIE (Titanium Metals) has formed a classic bearish flag pattern after spiking down on heavy volume. While a conservative approach would wait for entry after a break of the flag’s trendline, I decided to enter early. The fact that the stock broke down after an upmove on weak volume leads…

  • Quick Trade Update: AAPL, TIE, AKAM, NEM, OII, VLO

    I went short 500 shares of TIE at $30.64. I sold half of my long position in AAPL at $80.85. I covered VLO at $51.57. I was stopped out of my AKAM short yesterday at $47.65. I am still holding NEM and OII (really bad trade), along with AAPL and…

  • Chart: CENX

    Many stocks in the aluminum sector look like they may have bottomed, and CENX (Century Aluminum Co.) is no exception. The stock has made higher highs in both price, stochastics and RSI, crossed above the 200 day MA, and the 50 day MA is now moving up. CENX is butting…

  • Trading Psychology: Watch Yourself Trade Via an Out of Body Experience

    We all have made trades that we’ve looked back on and asked ourselves, “how the schmuck could I have made that trade?” I can’t count the number of times I have wished I could go back in time and tell myself not to make a dumb trade. Not because it…

  • Trade and Chart: AAPL

    If you are long AAPL (Apple Computer, Inc.), and think it can withstand a possible downtrurn in the market, this could be a nice entry point. Stochastics have reached oversold levels and price has pulled back to support on light volume. I added another 250 shares at $78.25.

  • Today’s Trades: CMED, BOOM, VLO, OII, NEM , AAPL, AKAM

    I sold my 700 share position in CMED at $25.35 (entry at $25.15) for a $140 gain (+.8%) . The stock has had trouble breaking out over the 200 day MA, which leads me to believe it is ready for a pullback. I covered my 500 share position of BOOM…

  • Chart: AKAM

    AKAM has been a momentum favorite, but is starting to show some chinks in its armor. The stock has leveled off since posting not so glowing earnings recently. A break below the 50 day MA ($46.18) could be the start of a fall back down to congestion at $40. I…

  • Market Outlook and Today’s Trades: AAPL, BOOM and AKAM

    Market Outlook:Well guys, the market is at a crossroads that could kill us if we are not careful. Is this market experiencing a necessary pullback that will look like a momentary hiccup a few months from now, or are we setting up for the nasty reversal that the perma-bears have…

  • King Bush Manipulating Oil Prices?

    A little over a month ago I posted this chart (via USA Today) tracking Bush’s approval ratings and gas prices. Here are some more links that raise the question of whether Bush, spearheaded by his croney and Goldan Sachs honcho Hank Paulson, is manipulating gas prices. Friends in High Places…

  • Intuition, Risk Taking and Trading

    One of my ongoing battles in the game of trading has been fighting my propensity for risk taking. I’ve used a variety of measures to combat this bad habit, one of which is actually allowing myself to take a risk every once in a while, as long as I use…

  • BDC Chart and a Few Clips (Hagler, Hearns, Bush)

    BDC (Beldon CDT Inc.) broke down below price and moving average support on heavy volume. While this is a beautiful short setup, I wouldn’t take a short position unless we get a pullback towards resistance. The oversold condition needs to be worked off a bit in order to create a…

  • CSX Chart and Trades: COST and BRCM

    I sold 500 shares of COST on Friday at $53.35 (entry at $51.85) for a $750 gain (2.9% gain).I got stopped out of my BRCM short at $29.25 (short at $27.60) today for an $825 loss (5.5 percent loss) . Railroads have been on fire of late and are just…