Paul J Singh

  • 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…

  • POT

    I bought on the dip below $100. This is a small position size with limited risk. I’ll have a more detailed post later today.

  • A Positive Sign

    Commodities did quite nicely today. This is a good sign.

  • Partial Profits

    I took partial profits (110 shares) on the SSO trade at $37.55. I will use this profit to keep my stop at “break even” level and let the remaining 100 shares “ride”. Thus, I will either make money or break even on this trade.

  • Trade Entry: SSO

    I’m taking another stab at SSO, long 200 shares at $34.81. I noted both in the blog and the Trade Report that I would like to buy in the $35 range and my limit order was filled at the open. I have to admit I am a bit surprised that…

  • Wednesday Game Plan

    I currently am holding one position (K–which is still above entry). I took partial profits in X at $60, moved my stop to entry, and was stopped out. My plan for tomorrow is to take a small position in SSO on weakness. I will likely enter if it dips down…

  • The Morning After . . .

    I woke up early this morning hoping to see something significant going on in early morning trading. I should have slept in. Not much is going on. At least futures are not down significantly. It may be worth noting that Australia cut rates. Could more countries follow? The Australian ETF…

  • Game Plan for Tuesday – Free Trade Report

    The bullish tails that printed today in the indexes and most stocks set up a possible entry tomorrow based on a reversal thesis. I am providing tonight’s Trade Report for blog readers for free. http://docs.google.com/View?docid=d5z8q8w_331gdg73xjn If interested in subscribing, click here. Trade Safe.

  • SPY Prints Possible Reversal Candle

    Believe it or not, although SPY was down almost 4 percent today, technically it was a good day. The index printed a bullish “long tail” candle on massive volume, while the Worden T2108 indicator at extreme oversold levels. Generally, this ia a clear reversal signal, at least short term. The…

  • Trade Alert: Stopped Out

    Minutes ago I was stopped out of the SSO trade for a 200 loss.

  • Trade: SSO

    200 shares of SSO at $38.64. Stop at $37.74. Initial target is $43.64. Next target is $50. Thus, I’m risking $200 for the chance to make $1000+. Note that the T2108 is at historic oversold levels and stochastics are way oversold.

  • Jim Cramer Comment

    Jim Cramer on Realmoney says: “We’re in a Worldwide Crash. I’m not buying, because prices are going even lower.” Hmmmm . . .could this be a contrary indicator?

  • Today’s Trades: X and K

    I just took two small long positions today at current lows. 100 shares of X at $53.46. 100 shares of K at $55.38. These are small positions with tight stops. I am not risking more than $600 on these trades. The idea is take a small, *expected* loss, with the…

  • Kellogg: The New Momentum Play

    Kellogg, Campbell Soup and Clorox–the new league of momentum stocks. When these types of stocks are the only bullish trending stocks around, you know it’s not a bullish momo traders paradise (it is for bear trend traders). Kellogg looks good on a pullback to support.