Paul J Singh

  • How Can You Not Bet Against Gold?

    I am hearing a lot of bullish chatter amongst bloggers and media about the near future for gold. This seems to always happen when a former leader (momo stock) breaks down and prints a dead cat bounce. I love it when this happens. Let’s ignore the talking heads and take…

  • Pioneer Trade: HAL

    I usually do not short extended stocks unless I see a major divergence signal or at least one distrubution day. However, I decided to take a small short position in HAL today. Technically, the stock still looks great and there are no major divergences. The 52 week high in price…

  • Newsflashr

    There’s an interesting new blog aggregator called Newsflashr.com, from the founder of InstantBull.com. Here’s a Boston Globe article about the site. It uses Alexa rankings to sort out sites. I am ranked 43. I have never paid attention to Alexa rankings. Probably to my detriment, I’ve never done any of…

  • Focus List

    Today’s Focus List: Long: TSL (bottoming), KSU (38), UCR (31), bke (44), DVN (105), ANR, KEX Shorts: MON, BG, MR, SU, KGC, DRYS,

  • Today’s Entry: CSX, DZZ and MTL

    I bought 100 shares of MTL at $143.46. The strong broke out over $140 yesterday on strong volume. It’s one of the strongest stocks in a strong sector showing loads of accumulation. I may be a bit early on entry (I usually don’t enter at overbought stochastic levels), as the…

  • What to do about steel and energy stocks

    Those that have missed out on the steel and energy run are in a frustrating position. There is the fear of being left out as the stocks continue to run. However, there is also the fear of “chasing” an overbought stock that’s ready for reversal. Which “fear” should you listen…

  • 6 Bullish Focus List Stocks

    Here are six bullish stocks that head my focus list for tomorrow. Note the strong volume pattern on each of the six momentum plays. NFLX, V, ANR, FDG, ODFL and SWN

  • Today’s Trade: FWLT

    I am short 400 shares of FWLT at $62. The setup: Broken momentum stock rising up to and stalling at resistance in a loose bear flag. Poor OBV and volume pattern, with stochastics showing an overbought sell signal. I used a “sell short limit order” to place the trade. This…

  • Private Chat Slots Available

    I have some time over the next few evenings to do some private chats. I’m willing to tackle any subject. Thus far the chats have been very successful. The most popular topics have been watchlist development, stocks currently on my watchlist, specific setups and trading psychology. I am available late…

  • The Trade I Did Not Make

    There is a lot to like about the breakout in GRA. The stock gapped up 3 points on huge volume over price resistance and had mounted the 200 day moving average a couple of days before. the 50 day moving average is moving up and looks ready to cross the…

  • Quickie Trade Update

    I used the bounce in gold today to go short using DZZ, which is a short leveraged gold ETF. I exited GTLS for a nice gain. Looking for a pullback in steel and industrial metals for another entry. Possibly GTLs again. Not gonna chase. I’ll update these trades more in…

  • Industry Strength

    Here is a list of the top performing sectors of the past week. My favorite technical pattern is Steel.

  • Some Good Readin’

    Here’s some good stuff I have recently read” The best and worst of the first quarter. What to look for next week. Here’s more. Blue Blood and Mutiny book review. Malcolm Gladwell on a topic I have studied extensively over the past two years, race and IQ. More Gladwell on…

  • Time to Reload Shorts?

    Some beaten sectors have retraced to levels that make for attractive short entries. High on my list is education services. As for individual stocks, my watchlist includes CPLA, APOL, DV, EDU, LTRE and CECO.

  • The Daily Prep Log

    I cut and paste notes from my personal daily prep log: Bullish consolidation after big move. These types of moves have been a precursor to sell offs in recent past. This indicates a classic bear with strong rallies. Consolidating gains on low volume-bullish. However, until S&P 500 breakout over resistance-1400,…

  • Trading Portfolio Update

    I exited 300 shares of DZZ at $28.90 (entry at $25.85) for a $915 gain (+11.8%). Hold time 5 days. I exited 300 shares of NKE at $69.75 (entry at $65.90) for a $1155 gain (+5.8%). Hold time 5 days. Both exits were the result of hitting targets. I setup…

  • NFLX Trade

    I’ll detail the NFLX trade later today. In the meantime, leave a comment if you know why I entered or have a contrary opinion about the stock.

  • The Short Watchlist

    Yesterday I gave you the bullish stocks I am watching, and today you get the bears. At the moment I do not have a directional bias, although my gut tells me to be ready for a down move. GLD KDC GG MOS TRA DE BG MON SU SUN STP DRYS…

  • Stocks on the Radar

    Here are some bullish plays I am considering: URBN GTLS RAILS SWN ANR SID STEEL EOG ODLF TRUCKING STOCKS OFG RBCN BZP TITN ZUES HOMIES, DVN TUP GILD NFLX KSU is setting up quite nicely. Strong OBV and RSI readings indicate accumution, which is not a surprise since the entire…

  • Trade Portfolio Charts: GTLS and DZZ

    GTLS is an earnings breakout play that has shown accumultion as it consolidates the breakout move. A key day was early last weak when it confirmed the hammer the stock printed at the breakout point. The RSI and OBV trends are positive and the volume pattern has favored up days.…

  • Trading Portfolio Update: DUG, DZZ, GTLS and NKE

    The first four positions of the trading portfolio were made on Thursday and Friday: 300 shares DZZ at $25.85. 300 shares of DUG at $38.13. 300 shares of GTLS at $33.96 300 shres of NKE at $65.90 DUG and DZZ are short bets on Gold and Oil Services. Later today…