Paul J Singh

  • A Momentum Stock: EBS

    Stocks that fit my trend-pullback setup have been few and far between since the summer months. That’s why EBS is like a breathe of fresh air. I’d like to see it pullback a bit more before entry. Notice that RSI 50 and stochastic levels at 20 have provided good entry…

  • Silver : PAAS

    I like PAAS on weakness:

  • Oil (USO) Entry

    USO is very oversold. Price went down almost continuously from 40 to 28 and seems to be stabilizing here. I may take a small position on weakness. I already have an intermediate term holding in DXO.

  • X: Low Risk Setup

    X provides a low risk setup as it pulls back to the 50 day moving average. If the market tanks, X will go down with it, but losses are easily managed at this level.

  • Trade: DXO (Leveraged Oil ETF)

    I entered 600 shares of DXO at $2.65. This is a new, leveraged oil ETF. Price is near lows (support), stochastic is oversold and RSI shows a positive divergence. I consider this somewhat of a speculative trade with limited risk.

  • Today’s Game Plan

    Here is the video podcast from last night’s report. I’m still working out the kinks and video quality is not as good as I’d like. However, audio is fine and it gives a detailed analysis of my game plan for the coming days. Any comments or feedback on the video…

  • Trade Report Video Podcast

    Last night I included my first video in the Trade Report. I’m still working on the video quality, but it will still give you a good idea of my game plan for the coming days. http://video.google.com/googleplayer.swf?docid=

  • Focus List Stocks Nearing Entry Points and Free Trade Report

    Many stocks from my focus list are nearing entry points. Below is Sunday night’s Trade Report. While it’s a day old, all the stocks on the focus list are starting to setup. http://docs.google.com/Doc?docid=d5z8q8w_527r2m4qvfr&hl=en December 15, 2008  Market Notes: There are many positive signs for the market, but it’s still tough…

  • Using Morning Weakness for Entry

    I’m using weakness this morning to make a few entries in stocks listing in last night’s Trade Report. I’m only taking small positions with tight stops

  • Bullish Setup in Financials

    A nice bottom pattern is forming in financial stocks and the leveraged ETF UYG.  Trade management is made easy with a stop placed below Friday’s close and the target near the recent high.  I may be tomorrow on weakness.

  • Trade: TXI

    I bought 300 shares of TXI at $31.50, as my limit buy order was hit this morning. This is a manageable low risk trade in a good setup that offers strong price and volume support. The setup is both a bottoming and breakout-pullback setup. If the market tanks, my stop…

  • SKF Trade

    I exited the remaining portion of the SKF trade at $119. My original entry was $103, with partial profits taken at $111 and $119.I am considering reversing as SKf nears resistance and going long UYG, but have not done so yet.

  • SFK Trade, Partial Exits and Poker

    I received a number of similar questions about the SKF and Poker posts: How did you determine your partial profit target for the SKF trade; and when do you decide to use a full exit versus partial exits? I like to use partial exits when major resistance is more than…

  • Buying and Sellng Extremes: The SKF Trade

    My strategy over the past few months has been to be patient and wait for extreme conditions to surface before making both long and short entries. A good example of this type of trade is the SKF position I entered yesterday (detailed in the trade report). Here are my entry…

  • My Worst Poker Hand and a Trading Lesson

    Last night I was sitting at a hold em table with a 10/20 blind and started with $3000. After about an hour, I was up to about $3600, without having played any big hands. Then I got the hand we all wait for, pocket aces in good position. The guy…

  • Thoughts on Market

    While I’m bullish on the market, my preference to enter long trades at extreme oversold conditions is keeping me from entry at these levels. I’ll buy SSO on a pullback that works off the close to overbought conditions. However, I will also short the S&P 500 via SDS once it…

  • Chart: DIG

    There’s a lot to like about the DIG chart: 1.   Postive RSI divergence 2.  Successful test of bottom support 3.  Long tail price bar at support 4.  Oversold stochastic turning up 5.  Strong obv and volume action

  • SSO Chart

    Within the trading range. I’ll wait for extremes to emerge.

  • Trade Report Members Using Comcast

    Again I am having problems getting emails out to trade report members using comcast. If you use a comcast email, please contact me with a different, non-comcast email. Remember you can use the archive to view all reports. That is the *primary* source for viewing the reports

  • Bullish Chart: CPO

    CPO has formed a nice bottom formation. Price has broke out over price and moving average resistance, RSI has formed a positive divergence and volume shows strong accumulation. I like it on a pullback to support.

  • Trade Update: SDS and SKF

    I have exited half my SPY and financial short positions (SDS and SKF). My stops have been moved to entry level.