Paul J Singh

  • Earnings Breakout Chart: EDU

    EDU broke out from a cup and handle formation and is currently digesting gains. Notice the positive volume trend, which signals that big players are accumulating the stock. I am looking for a breakout-pullback play, and will look to enter on a pullback to the $70-72 range.

  • Today’s Trades: MICC, ISRG and SGR

    I bought 300 shares of MICC at $100.63. The stock broke out over resistance on heavy volume after their earnings release. I bought today’s pullback to the breakout point. I sold the remaing 150 shares of ISRG at an average price of $310.15 (entry at $276.44, sold first 150 shares…

  • Today’s Trades: AAPL, JASO, EDU

    I bought 300 shares of AAPL at $185.09, using my earnings setup. Historically, high volume gaps, especially those that are earnings related, have triggered bullish runs in this stock. I would not be surprised to see this earnings gap propel the stock to the $200 level. I sold 300 shares…

  • 6 Resilient Stocks to Trade on the Long Side

    My last post laid out a game plan for trading in queezy markets, not unlike the one we are currently facing. Here are six stocks from my focus list that satisfy the third point, which tells us to monitor stocks that are doing well in the face of a strong…

  • Game Plan for Trading a Queezy Market

    Trading after strong distribution days, which have the potential to change the nature of the market, isn’t easy. For me, it’s the toughest period to trade. Since we don’t know if this is a correction or a change in trend, we must be ready for either event. I do this…

  • Trade Update

    Over the past couple of days, I’ve been stopped out of PCU ($127.90), OII ($76.66), BLUD ($35.76) for losses. I bought 300 shares of ISGR on Friday on a dip of the earnings breakout, at $267.44. I sold half my position today at $278 and am holding the rest. Still…

  • Will the Market Post Another Distribution Day?

    I have to admit I am a little surprised by today’s action. Due to Google’s glowing results, oversold conditions and the the historically postive results for October 19th (since Black Monday), my expectations for today leaned to the bullish side. With about 2 1/2 hours left before the close, it…

  • Today’s Trade: PCU

    I bought 100 shares of PCU at $133.20.

  • Is this Oversold Market Ready to Bounce?

    Let’s take a look at a chart of the S&P 500: What jumped out at me is that the index has, without fail, bounced when reaching oversold conditions in stochastics and RSI. We’ve reached that level again, and as candlestick officionados will point out, the last two days have printed…

  • Today’s Trade: NVDA

    NVDA broke out over a month long trading range yesterday, making new highs on strong volume. Voume patterns suggest accumulation. I used today’s weakness for entry. I bought 400 shares at $38.52.

  • AAPL’s New High a Market Tell?

    After Thursday’s distribution day, I noted that we need to focus on leading momentum stocks to gauge the market’s health. If these stocks could mount Thursday’s losses and get back to new highs, it would signal a new leg to the bull run. AAPL is one of the first leading…

  • Today’s Trades: SGR, OII, BHP, JASO, EDU

    I am using today’s dip to buy stocks from strong sectors nearing support. I made the following trades: 300 shares of SGR at $68.00. This is an infrastructure and post earnings suprise play. 300 shares of OII at $78.50. I’ve been waiting for this energy stocks to pullback near 20…

  • Today’s Focus

    I’m using weakness today to buy oil related stocks. Also on the radar are industrial chemicals, farm, metals and some select tech stocks. Basically, stocks from the strong sectors I pointed to on Sunday. I’ll have more details later today.

  • 10 Sectors to Play if You are a Bull

    Here are the best performing sectors over the past week. If we get a signal to go long, these are the sectors you want to put in play. On Thursday I put forth a short strategy that attacks momentum stocks that are extended, handled Thursday’s correction poorly, and fail to…

  • Watch Leading Momentum Stocks for Market Tell

    Well, so far we have not seen any follow through on yesterday’s decline. I’m still not convinced it was a one day thing, so I’ll be watching momentum names that have lead the market over the last few months very closely. Take AAPL. While it’s bounced nicely this morning, we…

  • Play this Market by Preparing for All Possibilities

    Was this a temporary correction, the start of a deep correction, or the end of the line for the bull market? That’s the question everybody is asking, and nobody knows (no matter what they tell you). I’m not about to make a guess. Instead, I’m preparing myself for whatever comes…

  • Today’s Trade: BLUD and BIDU

    My first post-earnings play of the season is BLUD. Immucor surpassed expectations Thursday and is now consolidating it’s big high volume spike. OBV looks good and there’s a nice volume pattern forming. I bought 400 shares at $38.25. Update: I bought 40 shares of BIDU at $321.23. Pullback is a…

  • Where is the Dip?

    Like many traders, I’m having a hard time finding entry points. CPLA is a good example of most stocks on my focus list. The stock that is extended and just won’t quit going up. There are three logical ways to play this market: 1) Jump in now, which is probably…

  • 6 Stock to Buy on a Dip

    The market is now in extremely overbought territory, which is why I actually deployed a short today (DHI- a housing stock at the top of it’s downward trend channel). It’s seems like ages since I’ve shorted a stock, and believe it or not, I love shorting! Along with my primary…

  • Today’s Trades: RIMM, DHI, TBSI

    I added to my position in RIMM, buying 200 shares at $115.27. I went short 300 shares of DHI at $14.63. The housing stock is at the top of it’s downward trending channel. I bought 300 shares of TBSI at an average price of $45.53. Over the weekend I decided…

  • 5 Sectors to Watch this Week

    I will be watching the following sectors closely this week: Industrial Metals recently broke out to new highs and is now consolidating gains. I am looking for low volume weakness in the sector’s strongest stocks, which include FDG, BOOM and BBL.