Paul J Singh

  • Today’s Trade: TWM and CREE

    As I noted in a previous post, I am using individual stocks for by bullish plays and inverse ETFs for most of my bearish plays. Today I bought 400 shares of TWM at $77.10. The inverse ETF is at the bottom of its trading range which gives me a nice…

  • Agriculture: Now What?

    Well, it seems the whole world knows about the ag sector. For me, that means it’s time to get the *blank* out. If you take a look at the chart of DBA, an agriculture ETF, it is hitting a level where it typically pulls back from. While there are more…

  • Market and Trading Notes

    The market is clearly in “no man’s land”, as we wait to see if the current market consolidation is going to resolve by printing a bottom or taking another leg down. While I remain bearish, until the market proves itself otherwise, I am seeing quite a few bullish setups. At…

  • Analyzing Today’s Trade: WMS

    I bought 400 shares of WMS at $39.05, based on my breakout-pullback trading setup. The stock broke on strong volume earlier this month, while pulling back on diminishing volume. Today’s confirmation candle at two tiered support (20 day moving average and price) provide the entry signal. Also note that OBV…

  • Can We Buy CNX’s Pullback?

    Ronald wants to know if I consider the 3.7% drop in CNX, a stock I highlighted earlier in the week, a buyable pullback. While I would not buy just yet, the stock is still technically sound. Support has not broke and volume on today’s decline was within the stocks normal…

  • Bullish Chart Setup: DVN

    Independent oil and gas stocks have been on fire since bottoming late January (that long tail provided a good entry point), and few have done better than DVN (Devon Energy Corp). I like the stock on a pullback to what looks like new support at $95. The stock exhibits a…

  • More Bullish Setups

    Most of the bullish charts I have posted over the past week are doing quite well. Here are six more that provide interesting long setups: MEE, CNX, JOYG, JBHT, PRXL and CMED

  • Copper Stocks Breaking Out

    Some of my best trades have come when I was wrong about a position and decided to go the other way with it. I am hoping today’s trade ends up falling into this category. I was short PCU as it had presented itself as a good short candidate. I was…

  • 6 Bullish Metal and Mining Stocks

    Surveying the top sectors over the past week, I see a number of bullish charts in the metal and mining complex. The six charts that I will be watching next week are CLF, MTL, SID, ZEUS, CENX and JRCC.

  • Odds and Ins

    Sorry guys, didn’t have time to post yesterday and have not had the chance to update my trades. I hope to catch up this weekend. A number of stocks on my bullish watchlist are pulling back, which is great. However, some of them has gapped down to their buypoints, which…

  • 5 Bullish Chart Setups

    I rarely trade 100 percent long or short, even if trading within the confines of a wildly bullish or bearish market. While my market bias is bearish, there are still some bullish stocks to trade. Here are a few nice looking setups, though few are perfect. BMRNThe stock broke out…

  • Shorts: DECK and PCU

    I went short DECK (118.20) and PCU (100.64) today. Both small, 100 share position sizes. Both shot up on weak volume, along with the market, followed by a failure at major S/R levels. PCU closed under the 200 day moving average, which it had mounted earlier in the day. DECK…

  • Classic Bear Market Action

    While I try to stay away from the chatter of market pundits, I do like to keep an eye on what a few select bloggers and “market gurus” that I respect have to say. What surprises me today is that I am hearing, even from those who I respect, that…

  • Watch for My Next Video and a Coal Chart

    I plan to post a video either tonight or tomorrow morning. It’s been a while since my last video. Coal stocks are taking a hit on a strong day for the overall market, which is a bit of a surprise. Still, there are some nice looking setups out there. FCL’s…

  • MA’s Bullish Pullback

    Mastercard, MA, has pulled back to the breakout point and shows a solid accumulation pattern post breakout. It is a bit concerning that the stock pulled back so quickly, but it did come on lower volume and is holding support. Concerns aside, the stock does offer a well defined reward…

  • How I Made 5 Grand in One Week

    As mentioned in the comments section yesterday, I unloaded a number of shorts and entered a few longs: I covered 100 shares of FSLR (short at $187.33) at $164.67 for a $2266 (+12.1%). I covered 200 shares of MON at $102.43 (short at $114.27) for a $2454 (+10.7%). I covered…

  • Is the Market Speculator Really Long a Homebuilder?

    I’ve been very busy, so I haven’t had a chance to update my trades. As stated in the comments section this morning, I unloaded a bunch of shorts and entered a few longs. I would like to add some more shorts on bounce. My bias is still to the down…

  • Winners Trade to Win

    As you already know, I am not a slave to conventional wisdom. It is my belief that most popular beliefs held by the masses are not wise at all. This applies to all walks of life, not just the stock market. The latest bit of unwise conventional wisdom is the…

  • Today’s Trade Entries: DUG and AGU

    I bought 200 shares of DUG at $46.56. DUG is an ETF that is short oil and gas. Looking at the chart, we see major accumulation and a pullback to a major moving average and price support. Note that this is the opposite of what is happening in the oil…

  • Classic Distrubtion Phase Price and Volume Action

    As I expected, last week’s bounce was prone to failure and it looks like we are going to test the late January lows. I am weighted to the short side, so you can bet I am giddy about price acton over the past two days. As we move towards the…

  • Monday’s Watchlist

    Here are stocks that are front and center of my watchlist: Shorts:FCX, CPLA, JNPR, DRYS, DSX, NILE, CBI, MBT, FSLR, CHNR, CVD, ESRX, WFR, DBA, DNR, TOT, SU, E, CVX, ARD LongACI, MA, MCRS, CALM, RTP, ILMN, WLT, MEE, SID, CNX, CMED, PBR Most of the shorts are broken high…