Paul J Singh

  • Commodity Game Plan

    I know a few people who are using this morning’s bounce to deploy more energy shorts. However, I’m going to wait for a few more points to add to my existing short positions. While I agree we may get a quick drop here, risk/reward is not great until we get…

  • Trade Setup: KSS

    I have been following KSS for quite some time in the Trade Report. Retail, and KSS specifically, caught my eye as a bottom accumulation setup in early to mid July. The volume on the bounce gave clues that the bounce could lead to a continuation move. Since that time, we…

  • Partial Profits in MOS and X

    I took partial profits in the X and MOS trades. While they had not hit my targets yet, the big drop today was tough to pass on. I still have half the positions on the table. I’ll keep these on and hope for some monster gains in the coming week.

  • Financials and Banks

    Many financial and bank stocks are showing bottoming continuation patterns. However, SKF, the inverse ETF that I use to short the sector, is at a key support level and may be good for a quick trade. The probability of the trade working is likely not better than 50 percent. However,…

  • Monday’s Trade Report

    Below is the Trade Report I sent members on Monday. Many of the themes still apply, especially my focus on commodity short setups. http://docs.google.com/View?docid=d5z8q8w_153kmg679f4

  • PRXL

    I am hesitant to make any big moves going into the holiday weekend, but may take a few small positions in low risk setups like PRXL. Nice looking breakout-pullback play.

  • Intuition, Risk Taking and Trading

    I had a discussion with a Trade Report member earlier today, who asked me about obsessions, compulsions and risk taking. He said his risk taking nature was hurting his trading results by getting him into trades he had not been charting, but had an intuitive “feeling” about. I am by…

  • MOS Trade

    I’ve decided to increase my short position in MOS, with 200 shares at $89.61 (update: sorry about the typo–that’s 108.61).

  • Stalking U.S. Steel

    I am currently stalking X (US Steel), waiting for some low volume strength to get short. I’d like to enter as close to the 200 day MA as possible.

  • Trade Update: QLD and MOS

    I went short 400 shares of MOS at $109.11. I highlighted this stock in the blog last night as one of my favorite commidity related shorts. See my last post for the setup. My stop is around $115 with my initial target at $95. This is where I would take…

  • It’s Time To Short Commodities

    Over the past week I have been watching for the commodity bounce to reach resistance and begin to fade. We are nearing that point in many commodity stocks. I will likely stay away from energy, as I do see more room to the upside for oil. This could boost energy…

  • AAPL

    While I am by no means bullish on AAPL, a break of $180 would provide a clue as to the stock’s short term price movement.

  • Quick Trade Update

    I bought VLO on weakness this morning. The stock has been showing strong accumulation during the bottom consolidation area, along with positive divergences in indicators. I also took partial profits in my energy plays (USO and DIG). More details later. Here is the VLO chart from last night’s trade report:

  • Playing the Breakout Trading Range: IPHS

    IPHS broke out in early August and is now developing a trading range between the breakout highs and lows. This has created a low risk set up. I would like to buy on a pullback to the $33-35 range with a target of $40 and a stop around $31-32. Overall,…

  • Trade Review: UTHR

    As noted in my the setup post for the UTHR trade, I had placed my stop below the August 14th confirmation candle. I was stopped out today for a small loss. I highlight this trade because, frankly, it was not one of my better entries. Take a look at the…

  • SPY Trade Analysis

    Last Monday (August 12th) I took a small SPY short position based on a “failed breakout” scenario, above $131 (I actually used SDS–the inverse ETF). It’s now trading at $126.69. Below is what I wrote to my trade report members. It explains not only the setup, but the thought process…

  • Trade Entry: VISN

    I bought 400 shares of VISN at $18.38. This stock was highlighted in today’s trade report, with a buypoint in the $18-19 range. The Setup: Breakout pullback . Volume pattern is solid. Stock is pulling back from recent highs and seems to be showing strength at moving average support. The…

  • Trade Entry: SAFM

    I took a small 1/4 size pilot position in SAFM today, buying 100 shares at $43.29. This stock was highlighted in the trade report, with a buypoint in the $42-34 range. The Setup: Breakout pullback following a strong bottoming formation. Volume pattern is solid. Stock is pulling back at recent…

  • Trade Entry: UTHR

    Entered long 100 shares of UTHR at $108.29. Setup: Breakout-Pullback. The stock pulled back to the bottom of the breakout bar before confirming support today. The recent trend is higher highs and lower lows. Buying pullbacks has been lucrative. Nice volume pattern. Risk: My stop is under the tail of…

  • Free Sample Trade Report

    I am providing the Thursday, August 14 edition of the Market Speculator Trade Report today for blog readers to sample. http://docs.google.com/View?docid=d5z8q8w_102d23q5jfm If you are interested in subscribing to the Trade Report, click here for more information.

  • SPY Breaches Key Support Level

    As I noted in the member only Trade Report two days ago, I took an early entry short position in SPY (via short ETF SDS)based on the idea that a failed breakout could lead to big gains, while continued up move would stop me out for only a small loss.…