Paul J Singh

  • Trade Update

    I took partial profits in DUG today for a big gain at two points, $40 and $42. I am still holding a position. I exited AAPL for a big loss. I was stopped out of USD for a very small loss. I was stopped out of X for a small…

  • Game Plan

    This weeks game plan is to expect a bounce that will fail at a major resistance level. That will be the time to start shorting again. In the meantime, I will look to take a few positions to play a bounce. I am already in AAPL, X and USD, which…

  • Postive Divergence in Apple

    Today I entered AAPL at $124.92. I like the way the stock has handled the retest of the recent low, holding the level and printing positive divergences in a few indicators. While the primary trend is down, I expect that resistance will be tested. The range marked on the chart…

  • Trade Update: AAPL and X

    I took two long positions today, AAPL (124.92) and X ($85.53). Both are oversold and will do well if the market bounces.

  • Covering the Commodity Shorts For Nice Profits

    I could not have asked for more from the PCX, FWLT and POT trades. I covered my entire positions and may short again on strength. Note on the charts below that there is still room to fall. Those of you who have been with me for a while know I…

  • Trade Update

    I sent the following trade update to report members this morning: I added two commodity shorts this morning on strength, PCX ($39.44)and POT ($168.82). Both are small positions. As you know, I shorted POT yesterday and took profits on 3/4 the position. I now am up to 1/2 my original…

  • Trade Update: POT, PBR and FWLT

    This morning, according to my plan last night, I went short (small positions) POT, PBR and FWLT on strength. I tried to short USO–I did not know it is not shortable. Can anybody confirm this for me? I have a busy day full of meetings, but hope to have postion…

  • Narrow Focus List

    I have narrowed my focus list to less than 10 stocks for tomorrow’s trading day. The only decent setup I see is short commodities. Many are right up at resistance lelves. Any trades will be taken with very small position sizes.

  • Trade Update: All Cash

    I’ve been out of town since Friday and did not have a chance to update the blog. Here is an excerpt about my trades and plan from Friday’s Trade Report: It’s obvious today was a short covering rally. Large price moves like we saw today that aren’t confirmed by volume…

  • How I Profited From the Biggest Gap Ever in SPY

    Today was the biggest gap up ever for the SPY. Here are links to the past two Trade Reports, where you can see how I outlined my plan for trading SPY: September 18 Report September 19 Report Trade Update: I exited all my long positions at the open this morning…

  • Long Bias

    The market is reaching extreme levels, which gives me a long side bias. However, I won’t take any full size positions until I see more weakness. We still have not reached the extremes of the July lows, and indicators like T2108 still need to drop a bit. I also like…

  • USO and TOL

    I took a small position in USO today. Tight stop with initial target at $80. I took a small position in TOL today on the pullback. Tight stop with initial target at $26.

  • Buy the Dip

    I’d suggest most traders continue to stay on the sidelines. If trading, my preference right now is short term long plays. Homebuilders and airlines look good, but only on pullbacks.

  • Position Update

    My retail positions are holding up quite nicely (KSS, ARO and LOW). KSS and ARO are still above entries, and LOW has not hit it’s stop. I still plan to hold these until my stop or target is hit. I’ve decided to hold onto USD and lower my stop. It…

  • The Plan

    The plan for tomorrow is simple: wait for the buying opportunity. Once panic really sets in and we get some extreme oversold readings, it will be time to buy. That’s what my studies of past panic events tells me. Most likely, the time to buy will not be tomorrow. It’s…

  • USD Update

    If USD does not bounce from it’s current price, I’m going to close out my position. It’s already very close to my stop.

  • Today’s Trade: USD

    Wow, what a morning. As I noted in the Trade Report last night, it is not the time to make any big bets. However, today’s reaction may provide some good opportunities. I came into today with very few setups. One was to buy USD on weakness based on the oversold…

  • Future Plans for the Site: The Mini-me Account

    Back in January I planned three big changes for this site. Number one on the list was the Trade Report, which has been a tremendous success. In just over two months I have five times the amount of members I had targeted for the end of the year. Most important…

  • Trade Entries: KSS, ARO and LOW

    Retail stocks are nearing my entry levels. However, the negative retail report could pull them down further. For this reason, I am taking small position sizes in my retail trades and using tight stops–KSS, ARO and LOW. I bought 150 shares of KSS at $50.44 I bought 150 shares of…

  • Final Exit in Pot Trade

    update (11:57am): typos fixed. Thanks to those who pointed them out. I exited what was left of my POT position at $159.89. The final details of the trade. 100 shares of POT bought at $139.22 Exit 50 shares at $150.04Exit 50 shares at $160.06 Average exit $155 for 11.3% gain.…

  • Partial Profits in Commodity Bounce Trades

    I took partial profits in all three of my positions at the close. X at $104.10 (short at $96.36)POT at $150.04 (short at $139.22)DIG at $68.66 (short at $63.85) I am moving my stops up to entry levels and letting the remaining shares either hit the next target level or…