Paul J Singh

  • Why Would I Be Interested in What I Can Already Do?

    Over the years I have learned to appreciate those who do things counter to my own “way” or style. A few years ago I was visiting with an successful artist friend who draws heroes in a dark, gothic style (think Batman Begins versus the old campy Batman TV shows of…

  • Focus List

    The stocks in my focus list for the next few days all have broken out and I’m looking for pullbacks for entry. RRC, SID, ANR, RDC, FDG, MTL, STLD, GTLS, KSU, NFLX, RSX.Not much has changed in the short watchlist.11:30 am (central) update–I have taken positions in a few of…

  • Today’s Thoughts

    Relax guys, HAL was only up 1 percent today. Considering what the market did, I’d say I still have a good chance of making some money on this short play. You can say “I told you so” if I exit with a loss. For those that missed it, here is…

  • Today’s Trades: NFLX, FWLT, SSO, DUG, SKF

    I exited 400 shares of NFLX at $37.44 (entry at $36.20) for a $496 gain (+3.4%). My target was higher but the stock seems to be trading within a range and earnings are coming up soon. Yesterday I covered 400 shares of FWLT at $58.34 (entry at $62) for a…

  • 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.