Paul J Singh

  • One of My Favorite Entries: MOS

  • Trades: VLO, USO and STLD

    Here is the intra-day trade alert I sent to my subcribers (this is not a regular feature of the Trade Report, but I do send trade alerts from time to time): The gap down this morning blew past the entry and stop points I had set for SSO and QLD.…

  • Low Risk, Average Probability Setup

  • Quick Update

    I’ve been waiting for SPY to bounce to $85 in order to get short, but no luck so far. As noted in the report last night, I’d like to enter at $85 with a stop above the 50 day moving average and an initial target of $80. Yesterday’s high volume…

  • Energy Looks Good: PBR

    Energy stocks are showing good accumulation patterns while coming off bottom price patterns. Of the energies that I monitor, PBR is showing the best relative strength compared to the sector. It is at 30 day highs.  I’d like to enter on pullback to support.

  • Elite Traders Are Not Afraid to Fail

    I have started group and private chats with subscribers, and one thing that keeps coming up is how afraid many are of taking small losses. This makes them gun shy when a low risk trade is there for the taking. Here is a previous post that encapsulated my thoughts on…

  • Market Still Within Trading Range

    Until I see a move towards one of the extremes of the trading range, I won’t be trading the S&P 500 and will focus on individual stocks setups.

  • Today’s Trades: CBI and PNRA

    CBI: 200 shares at $11.00 This stock, as with most of my trades, was mentioned in the Trade Report last night. It’s holding above both the well formed trading range and the 50 day moving average, providing a low risk, easily managed traded. Stochastics are oversold and turning up. Risk:…

  • Breakout Setup: MCK

    MCK has formed a nice traidng range post breakout. I’d like to enter at the bottom of the range, with a stop just under support and the upper end of the range as my initial target.

  • Trade Setup: USO

    As noted yesterday, I entered USO at $28.32. Setup: Oversold bounce, possible bottom formation. Stochastics are extremely oversold, which has provided for quick counter trend trades with this stock. Risk: My stop is under price support around $26.50, with the 50 day moving average providing the initial target at $33.50.…

  • Quick Trade Update: USO

    I entered USO minutes ago at $28.31. I’ll have more details on the trade setup later today.

  • Position and Trade Update

    Taken from today’s trade report, here is my position update. Entries came from the Trade Report Focus List and were detailed in the report. FAS: I exited a portion of my position today at $12 (average entry at $7.78) and moved my stop up to $10. USO: I was stopped…

  • Earnings Breakout: NFLX

    Netflix broke out yesterday on strong earnings. This is a breakout-pullback candidate. Strong volume on the breakout over a bullish flag pattern. I am now waiting for a low volume orderly pullback.

  • Trade: GLD

    As noted in yesterday’s Trade Report, I went short GLD @90. My stop is around $93 with an initial target in the $84-86 range. The chart I posted Sunday night details the strategy for this trade. GLD has provided an excellent reversal trade the last 11 times stochastics have hit…

  • Monday Game Plan

    Here is my game plan to being the week. This is taken from the Trade Report, sent today to subscribers: January 26, 2009 1.  Market Notes: While the focus of my swing trading style is daily charts, I look at a few weekly charts every Sunday.  I do not use the weekly…

  • Position Update

    For those asking for updates of my current positions, here is last night’s Trade Report. I did not make any trades today. http://docs.google.com/View?docid=d5z8q8w_674fcf7x6fj

  • Morning Weakness

    I am taking a small few positions, including SSO, on morning weakness. More details to come.

  • Trade Journal: FAZ

    I don’t have the time to do a comprehensive trade review at one time, so I am going to do a trade review everyday, starting with my first trade of the year on January 2. As I go, I’ll compile the stats. I am only including trades I posted on…

  • Trade Review and Video

    I am working on my trade review and results and hope to have them posted some time tomorrow. Trade Report members should expect a video tomorrow, along with the Trade Report.

  • Friday Game Plan

    I’d like to pick up a few long positions in anticipation of an inauguration rally. The fact that we are very oversold increases the chances of a rally. I will still use tight stops with the strategy of taking a small loss with the possibility of a big gain.

  • And the answer is . . .

    no bullish tail for FAS. Earlier today I posted the bullish tail candle forming and wanted to see if it could hold into the close. It did not. Bulls can hold on to the close off the lows and volume that could lead to a “capitulation” selloff. I sold half…