Paul J Singh

  • Market Notes

    We are in a tough spot with regards to initiating short positions, and I’m in no mood to add longs. I was hoping for more of a bounce before short entry, but today’s move ruined my plans. Amazingly, we are still above last week’s low of 1378 (by two points).…

  • Trade Update

    I covered 50 shares of AAPL at $169.84 (entry at 177.68) for a $392 gain (+3.7%). I am still holding 50 shares short. As noted in the entry post, $170 was my first target and my next is in the $155-160 range. I will move my stop on the remaining…

  • 5 Profitable Energy Charts

    Here are 5 interesting energy stocks. I’ve included longer term charts. Each has a slightly different pattern and can be played in multiple ways. RIG (Transocean, Inc.) is looking good right now. We’ve got a support converging at both the breakout point and the 50 day moving average. My only…

  • Quickie Trade Update: GS, TRA and GG

    I took small long positions in TRA ($50.27) and GG ($37.95). These are ag and gold playes, two sectors that have been the sectors to play on dips. I went short GS at $198.96.

  • Ain’t No Egg on My Face . . .Yet

    Many were quick to get on me after the market failed to rocket up after my capitulation call last week. While I conceded that I could be wrong, I also pointed out that it is not invalidated until a breach of 1378 on the S&P 500. Capitulation bounces rarely go…

  • Today’s Short Play: AAPL

    I am short 100 shares AAPL at $177.68. I’ll take 50 shares off the table at the recent low of $170, and the other 50 if the stock reaches the November low of $155. My stop is above the 50 day moving average, around $183. It’s always tough to short…

  • Trading Forex, Currencies and Options

    One of my resolutions for the new year is to place one forex, currency, and option trade. Of course, I won’t do it until I have done a ton of research, demo trades and have a good feel for the market I am trading. If any of you have any…

  • This Bounce and Trade Update

    I have received a few e-mails asking whether the bounce is over. I honestly don’t know. However, in my mind, it’s not officially over unless we breach 1378 on the S&P chart. There is still a ways to go down before that happens. I think what we are seeing today…

  • Focus List Stocks and Market Note

    I’ve stated already that I am bullish oil, gas and ag related stocks. Here are some outside these industries that look strong: CMED, JASO, RICK, INP (India ETF), EDU, IVGN, OFG, RSX I am still in bear market mode. Although the market is bouncing, volume has been light and today’s…

  • That Capitulation Call Was a Thing of Beauty

    I’ve gotta admit, I feel like a bad ass today. Over the past year I’ve really felt in synch with the market, but it’s getting to the point of “ridiculousness”. I have to keep telling myself to stay psychologically balanced and not let all the trading success get to me…

  • Short Term Capitulation?

    I have a feeling we might be in the midst of short term capitulation. Things look really bad, many former leaders are getting abused and it is really tough to buy right now. Note that does not mean we are going to see the uptrend resume. If we get a…

  • Broken Momentum Stocks

    It is inevitable that most momentum stocks will fall just as far as they climbed. Many investors and traders end up losing most or all of their profits either holding on or continually playing the bounces in these stocks. Here are 9 recent momentum plays that are showing signs that…

  • Excellent Article Highlighting Momentum Plays

    Tereas Lo has posted an excellent article highlighing sentiment cycles. It’s ironic that she uses the dry shipping industry as an example, since it is a sector I played on the way up and have recently been playing as a short on the way down (I’ve already shorted DRYS three…

  • Market, Trade and Chat Notes

    Trades:I initiated a few shorts on the morning bounce (DRYS, LEH). I bought KGC, a gold stock for which I had a buy stop in place on breakout of $21. Tough Market:Four of the six people I’ve had private chats with have said they are having trouble gaming this market.…

  • Quickie Trade Update

    I’ve been even busier than usual, so another quickie trade update. I took partial or full exits in all of my shorts. The AAPL and FSLR shorts have been magnificent. I added 100 shares of MON at $119. If things slow down a bit tomorrow, I’ll have a full update.…

  • Current Market Thesis

    I just finished up my research for the coming week. It’s clear to me that there are only three sectors I want to buy right now. In the coming week, I’ll be looking for clean entries in gold, oil and farm related trading vehicles. Lots of good looking shorts, but…

  • Anatomy of a Broken Momentum Stock – Bad Signs For Market

    I am seeing a lot of momentum stocks which have broke down below their trend lines. CPLA is a good example. During the trend, the stock has continually bounced off either the 20 day or 50 day moving average. Just as important, down moves have not shown much distribution. That’s…

  • Sunday Private Chat Sessions

    As more people discover my site, my e-mail traffic continues to grow at a blistering rate (which I enjoy). I receive many requests for personal mentoring and specific stock analysis. While I’ve tried to accommodate all of them, it’s getting unmanageable. My solution is to offer private educational chat sessions.…

  • Quick Trading Notes

    I covered some of my shorts today, though I am still holding the GS short. I was stopped out of BIDU. Still holding MON. I made two trades today. I bought SWN, an independent oil stock that I like quite a bit. I also initiated two shorts, AAPL and FSLR.…

  • Mon Posts Earning Surprise (and BIDU Trade)

    What a freakin’ relief. MON posted monster earnings this morning, and the future of this ag company looks bright. I bought 400 shares yesterday at $110.22 and the stock is currently trading above $119. I sold half my position at $119.10 for a $1776 gain (+8.0%). I am going to…

  • First Mistake of the New Year

    Well my friends, it didn’t take me long to make a boneheaded move, on the very first day trading day of the new year. I went long MON. It looks great. A sector I love, and have made some mad coin playing (agriculture). Nice pullback to support. Nice volume pattern…