Paul J Singh

  • Note to Subscribers

    A few subscribers have not received recent reports. I am looking into it and have more info tonight.

  • Overbought Market

    The market is short term overbought, so I took a stab at a few short positions. I noted FSLR in the trade report last night, and it gapped right into my entry level. I’ll have more details in the evening.

  • Education Stocks Showing Accumulation and Relative Strength

    A few sectors asserted themselves during last week’s market up move. Education stocks are on fire and showing buying interest from the big boys. While most stocks are coming off bottoms and nearing resistance levels, education stocks are near recent highs. Focus list stocks include EDU, DV, CPLA and APOL.

  • Trade Update

    I took partial profits in DIG and AAPL. They both continued on yesterday’s big gains, providing a good place to take profits. I have moved my stops up to entry. I am still holding my full SSO position. I made last night’s trade report available free to blog readers. It…

  • The Market Clues that Lead to Today’s Move

    I have sounded like a broken record over the past week, both here and in the Trade Report, arguing for my short term bottom thesis. I go into my reasoning in tonight’s Trade Report, which I am providing free to blog readers today:http://docs.google.com/View?docid=d5z8q8w_388ccvw26fj

  • The RSI Effect

    As long as the lows hold, the bottoming thesis is in effect. I have focused on more short term 3-6 month charts lately, but here is a two year chart showing the power of the oversold RSI, even in a longer term down trending “topping” market.

  • Holding the Lows

    The lows are holding. My game plan is to hold my current positions with stops in place below the lows. As long as the lows hold, we are still within the “bottoming range” formation and just experiencing a retest. The chart below is not annotated, but note the RSI divergence.

  • The Trading Range is Still Intact

    Despite all the doom and gloom, we are still within the bottom trading range.

  • Trades

    I was stopped out of all of my positions earlier today. Currently we are hitting the lows of the day and I have re-entered DIG and SSO at better prices. These are very small positions. Low risk, high reward, with the expectatino of getting stopped out.

  • UYG Setup and Trade

    We still see a nice accumulation pattern. I took a position today within the triangle pattern. I have a tight stop in place in case the break is to the downside. Low risk, high reward.

  • I Own Today’s Biggest Gainer

    My only existing full positions, DIG, also ended up being the biggest gainer of all ETFs today. It gained a whopping 22 percent today. I still see much room to the upside, with an intermediate term target at $50.

  • Imtiaz and Jeremy C

    Please confirm that you received an e-mail about the trade report and link to past reports. If you did not receive it, check your spam folder and contact me from a different e-mail or leave a comment after this post.

  • Bottom Forming

    My current market thesis is that we are putting in a short to intermediate term bottom. I am not saying I think this is the final bottom and the bear market is over. However, it does look like the down trend will test major resistance levels. This would provide a…

  • Partial Profit Taken in SSO and DIG

    I have taken a partial profit in SSO at $33.54 (entry at $27.10). I am holding onto my position in DIG (I took partial profits at the close yesterday).

  • Trade Update

    I added some SSO today. I’ve had the flu for the past couple of days, but hope to post some charts tonight or tomorrow. I thought the opening line of this Fly post was hilarious.

  • Trade Update: DIG and DIG

    I was stopped out of this mornings DIG trade at $29 and re-entered at the close at $26.48. The ETF moved close enough to the next buy zone to allow for a low risk entry. As wit this mornings trade, I have a hard stop in place (under the recent…

  • Trade Update: DIG

    I took a small position in DIG today at $30.45. I usually don’t like to buy big gaps down, but it has entered my initial buy zone and offers a good risk ratio for easy trade management. As noted when I took profits yesterday at resistance, a pullback and retest…

  • SSO Chart

    The S&P 500 has clear buy and sell zones that can be played to limit risk and provide optimal entries. I am waiting to enter as near to these zones as possible.

  • Trade Management

    Here’s a note I posted in last night’s report on Trade Management and my strategy during the past two weeks: During the past two weeks, as noted in the reports and blog, my oversold bounce trades have basically broke even. A waste of time? Not quite. I was confident the…

  • Trade Update: SSO and DIG

    I cleared out my entire SSO and DIG positions this morning.

  • Trade: SSO and DIG

    In the Trade Report last night I said I would buy if SSO dipped to $28. I had a limit order in place and was filled at $26.30 (400 shares). I sold half the position minutes ago at $28.50 and will hold onto the rest. My stop for the remaining…