Paul J Singh

  • Primary Watchlist

    Here is a list of ten stocks from my primary watchlist: BOOM, NOV, CROX, UA, DRYS, EWZ, RIO, SNCR, VSEC, IBN

  • Trade: UA

    I sold 400 shares of UA at $69.10 (entry at $63.65) for a $2180 gain (+8.56%). Considering the stock closed at $66.68, I can understand if someone reading this rolls their eyes at what looks to be perfect timing for exit. Please note that I left a comment regarding the…

  • The Fast Money Guys Versus The Market Speculator

    The Fast Money guys are hot on the financial sector, with Guy Adami specifically pointing to Morgan Stanley as a valuation play. I, on the other hand, am bearish on the sector and currently short Morgan Stanley. There is no way a true technician could enter MS from the long…

  • Under Armour Entry

    Here is the reasoning behind the UA trade trade I made today: It is startling just how well UA has performed in the midst of the current market conditions. What if UA had reported earnings in a good market environment? This explosive move leads me to believe the stock will…

  • Today’s Trades: MS, UA and NOV

    I bought 400 shares of UA at $63.65 I bought 300 shares of NOV at $111.10. I went short 400 shares of MS at $65.54 I will go into more detail about these trades tonight.

  • $SPX Revisited

    On Friday I brought up the idea that we *may* have had a capitulation event that marked the end of the current correction. Today’s strong move in the $SPX, back over the 200 day moving average on heavy volume, lends more credence to the bull capitulation argument. There are a…

  • Trades: MT, MS, QID, NOV

    I cleared out all of my positions that were entered on August 2nd, since they all either hit their targets or stops. I covered the MS short, 400 shares at $60 (short at $64.20) for a $1680 gain (+6.5%). I sold 400 QID at $46.55 (entry at $44.88) for a…

  • Breakouts vs Breakdowns: Capitulation or Disaster?

    Every night I scan for stocks breaking out (upward breakout) and breakout down. I mainly screen for stocks with specific price and volume movements, along with additional moving average and momentum screens. Friday had the biggest discrepancy between breakouts and breakdowns that I can remember. Only 26 stocks showed up…

  • Primary Watchlist Additions: BCSI, SNCR, AKS

    I’ve added 3 new positions to the primary long watchlist: BCSI, SNCR and AKS. All three stocks have been strong on a week market and have not violated any supports.

  • Trade: MMM

    Later in the day I bought 400 shares of MMM at $88.75. The stock shows no signs of the recent market slide. I know some of you are scratching your heads thinking “it’s dropped from $92 to $88.” I see that too, and I like it. While many stocks pulled…

  • Primary Watchlist (Longs)

    Here are the twenty stocks on my primary watchlist for longs: NVT, CROX, UA, VSEC, DRYS, TBSI, GRMN, KCI, CMG, BOOM, DW, GMCR, NOV, OII, RIO, SBUX, MT, PCZ, TOT, BTJ

  • Today’s Trades: MT, QID, MS and NOV

    Long Trades: I bought 400 shares of MT at $64.20. I bought 100 shares of NOV at $115.10. Short Trades: I am short 400 shares MS at $65.20 I bought 400 shares of QID at $44.88, which is 2X short the Nasdaq.

  • Another Strong Stock: CROX

    One of my loyal readers asked me why I keep spotlighting strong stocks when I am more apt to go short right now. Fair question. The reason is, at the moment, it is easy to find stocks to short. If I were to throw darts at a board with the…

  • FSLR Revisited

    In last night’s post, I noted that I considered entering FSLR on it’s breakout, but decided against it because volume was not as strong as I would have liked on the break. Today, the stock headed lower on earnings (although it did not violate the previous breakout support level). This…

  • EWZ Entry Strategy

    One of my favorite buy the dip plays, EWZ (Brazilian ETF), has pulled back to the 50 day moving average. There are two ways I am looking to enter this stock. I’m going to make a very small buy now, right around the support area, with a stop around $59-60.…

  • Swimming in a Sinking Market: FSLR

    FSLR is one of those stocks that handled last week’s dust up quite well, and is approaching all-time highs. I considered entry today, but volume was a little light for a higher percentage price move. I do think FSLR will continue to rise, and may consider entry in the near…

  • Building My Watchlist

    Today I had a little time to “get away” from the vacation and analyze the market. My best bet is we will see a “dead cat bounce” followed by another leg down. Of course, I could be wrong and we’ll see more resilience from the bulls. Right now I am…

  • Stopped Out

    A quick note, while on vacation, that I was stopped out of all of my positions. I am currently 100 percent cash and will not likely make any trades over the next few days.

  • Trade: HDNG

    I bought 500 shares of HDNG at $38.25. It’s a low float stock that showed up on my “trend pullback scan” last week, which placed it at the top of my primary watchlist. The stock printed a tail at support on Friday with a strong close, so I placed a…

  • Analyzing FTO trade

    A reader wanted a more in depth analysis of the FTO trade. The basic principle is as I stated when I made the trade: a pullback to support with a strong confirmation move. Let’s take a look at the chart: The first thing that jumps out at me is the…

  • Trades: FTO, VLO and CMG

    Three trades based on confirmation moves after pullbacks to support. All three positons came from my “primary 100 watchlist”. CMG was on the top 25 low floats posted yesterday. I bought 500 shares of FTO at $46.05. Nice high volume confirmation move at support. I bought 300 shares of CMG…