Paul J Singh

  • APOL Exit

    I exited the second half of my position in APOL today at the close. I still like the stock, but it is very overbought at the moment. I’ll look to re-enter on a pullback.

  • Possible SKF entry

    A little more bounce would provide a low risk entry in SKF, which gets you short financials:

  • Weekly Focus List and Free Trade Report

    In today’s Trade Report, I go over my plan for the week. One of the themes is the positive patterns developing in some commodity related sectors. Gold and Silver top the list. In the spirit of Thanksgiving, I am offering today’s Report to all of my readers.http://docs.google.com/View?docid=d5z8q8w_4555wv7zfg

  • Support Becomes Resistance for SSO

    Following the recent breakdown, old support has become resistance. This offers a low risk short entry near R levels.

  • Divergence in T2108

    It’s interesting that the T2108 is not at new lows while SSO and QLD have hit new lows. This tells us that there are more stocks above their 40 day moving averaged now, at new lows, than there were at the last higher low. This positive divergence leads me to…

  • RIMM: Patiently Awaiting Entry

    I like RIMM‘s recent price and volume action. However, it is in overbought territory, so I’ll wait for a pullback. The pullback must continue to create a nice accumulation pattern. High volume on the pullback negates the setup.

  • Position Update

    Position Update: SSO: Entries at $25.10 and $25.24. Stop at $21.90. Current price $24.63 (-2.1%) APOL: Entry at $67.50. Stop at $65.79. Partial profit at $71 (+5.1%). Current price $68.99 (+2.2%). AFAM: Entry at $45.10. Stop at $43.90. Partial profit at $48.10 (+6.6%). Current price $46.89 (+3.9%). FXI: Entry at…

  • Today’s Trades: APOL and AFAM

    APOL and AFAM. Both have been on the focus list of the Trade Report since last week. I had buy stops in place near support and just exited half the positions. Stops have been moved up to entry level.

  • A Good Day and SSO Stop

    Needless to say, today was a good day for me, as all four of my trades based on the “bottoming thesis” did quite well. I received a number of questions about my stop on SSO. I’ll go into more detail tomorrow. I was stopped out of half my position, but…

  • Trade Update: SSO, FXI, ALK, LHCG

    Here are the trades I made yesterday, as noted in the intraday alert I sent Trade Report members: I made a few long entries earlier today. I decided to cut my position size from what I was originally planning. The lack of postive accumulation (volume) made it tough to make…

  • OT: Poker and the $5915 Hand

    Today I won the second biggest pot in my relatively short poker playing career–$5915. Some of you may think I was crazy to call all-in with a two pair, but my bank roll could easily cover the loss and I had my opponent on a flush draw (he had made…

  • Quick Update

    I just made a few buys, but decided to reduce position size more than my original plan. More details soon.

  • SSO Provides Low Risk Entry

    While the “edge” or probability for the trade may be 50 percent or less (accumulation pattern is not what it was a week ago), SSO does provide a low risk entry point that can be easily managed with a stop under the recent lows. I am willing to take low…

  • The FXI Answer

    I left my analysis of FXI open ended in the last post and a few of you seem to think I was bearish! The pattern is in fact quite bullish, and points to a bottom formation. Compare the current volume pattern to that during the top and bear run. For…

  • China’s Chart Give’s a Clear Answer

    The FXI weekly chart is quite illuminating and a good example of the importance of volume. What does the current volume pattern tell us? Compare to the previous volume patterns during the top and bear run, and the answer is clear . . .

  • Monday’s Game Plan

    Here’s the game plan for Monday. I am pleased to see a number of breakout-pullback setups forming. It’s been a while since I’ve been able to trade this break and butter setup http://docs.google.com/View?docid=d5z8q8w_418dqr8n3gm Today is the last day of the free trade reports.

  • Game Plan for Friday and Free Trade Report

    While the bottom formation still is intact, I am not quite as optimistic due to the negative volume over the past two days. For more detailed analysis, view today’s free trade report: http://docs.google.com/View?docid=d5z8q8w_415gwthtzfj

  • Taking Profits in FSLR Short

    I exited the remaing 100 shares of the FSLR short at $141.84. The original short entry was at $176.18. I took partial profits at $159.76 and $141.84, making the average exit for the 200 shares $150.80 ($5076 gain). The setup for the trade was laid out in the Trade Report.…

  • Game Plan for Thursday and Free Trade Report

    The market has been easy to game this week, and my trades have worked out well. It’s probably too late to enter short positions, so now we let our current positions work themselves out and wait for a pullback to get long again. For in depth analysis of my plan…

  • Taking Partial Profits in FSLR Short

    I just took partial profits in FSLR at $159.66 (entry at $176.18) for a one day $1652 gain. I am still short 100 shares and have moved my stop to entry level. My next target is the $140-150 range. I will exit the rest of the positon if it reaches…

  • Wednesday Game Plan and Free Trade Report

    Some of my subscribers have had trouble receiving my reports, so I will be providing the Trade Report for everybody here on the site this week. I hope to have everything cleared up by the weekend. Until then, enjoy the reports. Here are this week’s reports, including the game plan…