Paul J Singh

  • Airlines

    I have been saying almost non-stop over the past couple of weeks that airlines are in a short to intermediate term bottoming formation!!! Take a look at the capitulation day in mid-July, followed by that purdy volume pattern. Does it get any better than that? As noted earlier today, I…

  • Quick Trade Update

    I have exited SSO, LVS, UAUA and AUXL for gains. I also exited the remaining JRCC short position for a positive gain. More details later.

  • Trade Update: JRCC, UAUA, CAL, AUXL, SMG, CRY, SSO, POT

    Here is an update of today’s trades. I hope to have charts posted tonight. I covered half my short position (200 shares) in JRCC at $37.40 (short at $44.10) for a $1340 gain (+15%). I still have a 200 share short position. My stop is moved up to entry. I…

  • Quick Trade Update

    I took partial profits in the JRCC short, bought a few of my weekly watchlist stocks on dips and made a couple of daytrades in a few commodity shorts (Ag and energy), while still holding partial positions. I’ll have more details later.

  • Staying Away From Steel

    While I am decidedly bearish on most commodity sectors, the one sub-sector I am staying away from is steel. Steel stocks are all over the place. Take a look at the sampling below. Two steel stocks have made huge upside moves and could be reversing the recent topping pattern (AKS…

  • Message for Trade Report Subscribers

    If you are a subscriber to the Market Speculator Trade Report and have not received the Report or my e-mails, please email me at SinghJD1@aol.com and supply me with two different e-mail addresses to send the Report. Yahoo members seem to be the only ones having problems. Make sure one…

  • Trade Update: JRCC

    I took a small short position today in JRCC. The stock has been in a strong topping downtrend and has pulled back up to the 50 day MA. Stochastics are near overbought levels and volume has been average on the pullback. This is a low risk entry with stop placed…

  • Sectors with Bottom Formations

    No matter how bearish your fundamental thesis is on the following sectors, it’s hard to deny that price and volume are showing bottoming formations in financials, casinos and real estate. Here is what I wrote about these sectors in the Trade Report to start the week: I have narrowed my…

  • CAL setup

    I mentioned earlier today that I entered to airline stocks. Both CAL and UAUA have similar setups. CAL shows a classic bottoming formation. Note the volume pattern. Entry close to the moving average is ideal, with the upside target at the first sign of strong resistance. I may buy more…

  • Why I like to take partial profits

    X is a good example of why I like taking partial profits. I would have been inclined to take full profits when I had a decent gain. Instead, I took partial profits, moved my stop up to break even, and now am reaping the benefits of today’s huge breakout. Note:…

  • Where’s the Volume?

    As I type, I am sitting on the deck of a cottage over looking Lake Superior. Listening to the waves gently crash against the rocky shore below me, I am hard pressed to look at any charts. I don’t know of many places with more natural beauty than Minnesota’s Northern…

  • Partial Profits in Commodity Stocks

    Yesterday I mentioned that I entered three commodity related stocks as bounce setups. I’ve taken partial profits in X and ACI. I am still holding USO. To update you on the SKF trade, I have taken partial profits on 3/4 of the position, and am letting the last 100 shares…

  • Quickie Trade Update

    I used this morning’s weakness to make a few commodity entries, this time on the long side. For instance, I bought X at $137.10. I also bought more SKF at $116.50, taking a partial profit at $120. I still have a good sized position in SKF. More details later today.

  • Trade Entry: SKF

    I bought 200 shares of SKF at $114.26 earlier this morning. Watched it go up above $120 (and thought about exiting) only to drop back down to $116. I had no expectation of buying SKF today, and as Trade Report subscribers know, it is not on my weekly watchlist. I…

  • Quick Trade Update

    I was stopped out of CF for a loss and took profits in ILMN, JOYG (covered short), X (covered short), ACI (covered short) and APA (covered short).

  • Trade Entry: CF

    I bought 200 shares of CF at $152.86. This is a trend pullback setup. The stock has been a consistent buy on pullbacks. My stop is under the 50 day moving average, with a target at old highs. While I am bearish on commodities in general and see a lot…

  • Short Entry: COH

    This morning I went short 200 shares COH at $28.10. Poor OBV and overbought stochastic reading during what looks to be a short covering rally make this entry attractive. The stock seems to be failing at the 20 day MA. I will place my stop above the recent highs (above…

  • Trade Report Subscripton Details

    You have seen me trade on this blog with amazing results. Now you can subscribe to my own personal trading journal, the MS Trade Report. This is the exact same journal I use to formulate my trading plan and execute trades. The MS Trade Report features: 1. Weekly watchlist I…

  • OT: Best Poker Blogs?

    This is completely off topic, but I’m betting that more than a few of my readers are avid poker players. I’m looking for a few good poker blogs and sites to read that focus on strategy. Suggestions can be emailed at SinghJD1@aol.com or left in comments. Thanks!

  • Trade Update:

    I exited my commodity shorts at the close yesterday and will use strength to re-establish short positions. I am also looking to short weak sectors that have bounced with the market. I also exited a few of my long bounce plays, like UYG (financials) at the close for some tidy…

  • Thursday Morning Trade Report

    Trade Report: In the free Thursday edition of the Trade Report, I discuss: Market notes and QLD trade Today’s best and worst sectors expose a trading myth The gameplan Charts with entry points Wednesday Report Tuesday Report Monday Report