Paul J Singh

  • The Right Side of the Market

    “There is only one side to the stock market;….not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock market speculation.”…

  • Trades: BEAV and BBD

    I made two trades yesterday from Tuesday’s watchlist: I bought 500 shares of BEAV at $37.25. I had been watching this stock ever since the late April breakout, and liked the way it acted on pullback to the 50 day moving average, which also happened to “fill the gap”. I…

  • Reader Question: RVBD

    Walter, who always seems to find great stocks, asked my opinion of RVBD. There is little to dislike about the stock. It’s made a nice run after breaking out of it’s base at $32-34, is under heavy accumulation (as evidenced by increase in volume during run), has an uptrending RSI…

  • So What if There is Light Volume

    Many commentators around the blogosphere have pointed out that recent gains have been on light volume and should not be trusted. Rev Shark, an excellent trader, makes this point on his analysis of yesterday’s charts. While I respect this analysis, I could not disagree more. It’s a holiday week, people!…

  • Watchlist

    Along with the restaurant stocks posted last night, I am watching the following stocks: Watchlist:SONC: pb 24.50DRI: pb nowVTGY: pb 27-28LPNT: pb 39IBN: 46-47SYNL: nowNTGR: 34-34.25SINA: pb 37BBD: pb 24VCLK: 32-32.50MT: 56DNR: 35BEAV: now

  • Sector Analysis: Restaurants

    The restaurant sector has been on fire over the past two months. On the sector chart below we can see a break out at 775 and made a 50 point rise with limited pullbacks. Finally, we have a pullback to the 20 day MA, making this an attractive entry point.…

  • Was The Market Reacting To Greenspan?

    If yesterday’s dip truly was a reaction to Greenspan’s China comments, rather than a more natural need for a correction, I think we are going to see the garden variety one day big dip I spoke of last night, followed by a resumption of the prevailing trend. Barry Ritholtz lays…

  • Watchlist

    There were only a few additions to the watchlist today. That’s not suprising, considering we had a distribution day yesterday and my watchlist is ninety percent on the long side. This weekend I will likely start screening for shorts this weekend, especially if we don’t get a decent bounce today.…

  • How Do We Play This Down Day

    As Trader Mike pointed out, we received stochastic sell signals in the indices today. However, I am not yet ready to start selling. There is strong support in the 1490-1500 range, and until this level is violated, we should expect that buyers will step in. That is what happened the…

  • A Zen Master on Genuine Insight

    Followers of the Way, do not be deceived by teachers who everywhere say “I know Zen, I understand the Way,” and who endlessly deliver discussions like mountain torrents. All this is action that produces hellish Karma. If one is a true learner of the Way, one does not search for…

  • Watchlist Additions

    Here are the new additions to my watchlist: CERN: pb 56-57 TSS: now, stop 32 (34.06) IMB: pb 33-34 FSLR: bo-pb now confirm pb to 50 MA SPWR: same DNR: pb 34-35 IBN: high tight flag pattern near high MT: pb 56

  • Today’s Trades and Analysis: GMRK and DXPE

    I sold 400 shares of GMRK at $53.85 (entry at $49.76) for a $1636 gain (+8.2%). I sold 500 shares of DXPE at $52.35 (entry at $47.40) for a $2475 gain (+10.4%). Self Analysis: These trades are good examples of how I have grown as a trader. Last year, I…

  • Today’s Trades: SYNL and ZEUS

    Both of today’s trades came from last night’s journal. As I noted last night, I like the action in steel stocks. I bought: 400 shares SYNL at $39.12 400 shares of ZEUS at $32.90. Both stocks made confirmation moves following low volume pullbacks. I am heavily weighted in steel stocks,…

  • Sunday’s Personal Trading Journal in Preperation For Monday

    Here is exactly what I wrote in my personal trading journal today. March 20, 2007 Overview of last trade: 500 IBN @ $47.64 on 5-18-07. Breakout over 4 month resistance level on strong volume and accumulating stock. Cause for concern is that new highs are formed with slightly lower RSI…

  • More For the Breakout-Pullback Watchlist

    Here are some more stocks to add to the breakout-pullback watchlist: OMNI, CPS, CTRP, DNR, RAVN, GRB, GPOR

  • Thursday Watchlist: Breakout-Pullback Candidates

    Here is a list of breakout-pullback candidates: CPA, VDSI, IMO, CLRK, NX, EWZ, NTGR, MDTH, FST and HAL.

  • Chart: APPL

    Earlier today, I mentioned that I felt there was a good chance AAPL would hold it’s rebound from the lows of the day and print a long tail at the close. Sure enough, the stock closed near it’s high and looks ready for another leg higher, assuming we get confirmation…

  • Today’s Trades: GMRK, EWZ and AAPL

    Yesterday, I sold 200 shares of AAPL at $108.25 (entry at $101.25) for a $1400 (+6.9%). I had moved my trailing stop when the stock hit $110. I have a feeling a long tail is going to print today, followed by another move up. I hope I didn’t sell too…

  • Watchlist

    Here are a few stocks added to the watchlist: PRGX, NTGR, GMRK, JADE, ZEUS and ZOLT. A common theme with all six of these stocks is that they are all under accumulation, as evidenced by positive trendlines, increased volume and strong obv.

  • Today’s Trades: DXPE, STLD and LFC

    I bought 500 shares of LFC at $50.09. This is purely a breakout play. I am not waiting for the pullback. My intital target is the late 2006 high at $56. I bought 500 shares of DXPE at $$47.40. This is a breakout-pullback play. My initial target is the recent…

  • Breakout-pullback Candidate: FRPT

    I’m looking to buy FRPT on a pullback to $25.