Paul J Singh

  • AIG Chart

    Nice price and volume pattern.

  • Lots to Like About Brazil

    Brazil is one of my favorite groups or “sectors” right now. Lots of great looking stocks. TMX, CIB and TEO are three I will look to enter on pullback:

  • Broken Trendline: PALM

    I like PALM as a short setup on a bounce. Would have liked to see more volume on the break, but still would offer good risk/reward.

  • 5 Great Short Setups

    The following short setups all feature one of my favorite short setups: consolidation post downtrend featuring a negative volume pattern (distribution). A continuation of downtrend is expected. VCLK, RS, SNDA, AMAG, ATK

  • Position Update

    GRMN (long), POT (short), SDS, AAPL (short), DRYS (long), AMZN (short), LMT (short), VPRT (short)

  • VPRT Showing Signs of Cracking

    Notice the negative volume pattern during recent consolidation period.

  • Today’s Trade: DRYS

    1000 shares DRYS at $6.60. DRYS is a focus list stock from the Trade Report I send nightly to subscribers. Setup: Breakout-pullback. The stock broke out over the 50 day moving average and has consolidated on low volume. Trade Management: DRYS offers a good risk ratio and trade management. A…

  • Quickie Game Plan

    The market’s very extended. The low risk trade right now is to short with a tight, logical stop. Aside from RIMM, and possibly DRYS tomorrow, I am not looking to get long. My current short positions are SPY via SDS, AAPL, LMT and AMZN (pair trade with RIMM)

  • Market Trend Change on the Long Term Chart

    The easiest way to watch the intermediate to long term trend in the market is to simply watch the 200 day moving average. During the down trend, it sloped downward and acted as resistance. That resistance recently broke, and the slope has now turned flat and looks poised to turn…

  • RIMM Breakout and Pair Trade

    Thus far the “pair trade” I outlined yesterday and entered on Friday is a success, as RIMM broke out in a big way today and AMZN (short) hangs out under the “failed breakout” resistance level. I took a partial profit in RIMM today and moved my stop up to entry…

  • Pair Trade: RIMM and AMZN

    On Friday I went short AMZN and long RIMM. This is a “pair trade” trade using the folling strategy: 1- enter one stock long and one stock short from similar fields. 2- the short stock should exhibit a very bearish pattern, while the long stock a very bullish pattern. The…

  • Is This Breakout Sustainable?

    The market and leading stocks are breaking out after a short consolidation period and overbought readings that are still extreme. Due to the extreme overbought readings, I’m taking a few “speculative” shorts. However, they are done with caution and small positions size. The idea behind these trades is to expect…

  • Setup: Breakdown-Pullback off Trend Failure

    CALM broke down from a parabolic uptrend. I’d like to enter short on a weak bounce.

  • Speculative Entry: SRS

    I took a small positions in SRS today. It is very oversold (meaning real estate is overbought) and, if history is a guide, should bounce soon. I am using a tight stop with a target near the moving average.

  • Monday Game Plan and Free Trade Report

    Here is the strategy I laid out for subscribers to start the week: http://docs.google.com/View?id=d5z8q8w_1205gxt3rxp3 The market is in a very bullish made right now. As we can see on the SPY chart, RSI confirms the recent breakout over resistance, as it makes new highs along with the index. The volume…

  • The Obvious Line

    The chart below shows the obvious breakout-breakdown level. A break below that level would mark a failed breakout. See my last post on current strategy.

  • Exiting Short Positions

    Here is an alert I sent subscribers this morning: I was stopped out of the SPY short (via SDS) for a small loss. Also exited most shorts. I am NOT taking on any short positions. This is not an orderly pullback. Instead, SPY is showing a strong breakout bar. We’ll…

  • Buy the Dip: SBUX

    Starbucks had a great earnings reaction today and broke out over resistance. While the stock is too overextended to enter now, I will stalk this chart and likely enter on a pullback to the bottom of the breakout bar. Remember for all breakout-pullback trades, the pullback must be orderly and…

  • 3 Week Free Trial to the Trade Report

    I am offering a 3 week free trial to my nightly Trade Report. The Trade Report features my current market outlook, updates on my own trades and my focus list which tracks the stocks I am looking to trade the next day. It is the journal I prepare for myself…

  • Bearish Engulfing Pattern Forming in X

    A bearish engulfing pattern is forming in X right near resistance. This trade is easily managed by shorting the next intra day bounce, placing a stop above today’s high with a target near the 50 day moving average.

  • Today’s Trade: SDS

    I am shorting SPY using inverse ETF SDS. SPY has reached resistance and is very overbought. This is a recipe for a pullback, as it is very hard to make meaningful advances after a big run up and extreme overbought conditions. The trade is low risk and offers a decent…