Paul J Singh

Market Outlook:Well guys, the market is at a crossroads that could kill us if we are not careful. Is this market experiencing a necessary pullback that will look like a momentary hiccup a few months from now, or are we setting up for the nasty reversal that the perma-bears have…

A little over a month ago I posted this chart (via USA Today) tracking Bush’s approval ratings and gas prices. Here are some more links that raise the question of whether Bush, spearheaded by his croney and Goldan Sachs honcho Hank Paulson, is manipulating gas prices. Friends in High Places…

One of my ongoing battles in the game of trading has been fighting my propensity for risk taking. I’ve used a variety of measures to combat this bad habit, one of which is actually allowing myself to take a risk every once in a while, as long as I use…

BDC (Beldon CDT Inc.) broke down below price and moving average support on heavy volume. While this is a beautiful short setup, I wouldn’t take a short position unless we get a pullback towards resistance. The oversold condition needs to be worked off a bit in order to create a…

I sold 500 shares of COST on Friday at $53.35 (entry at $51.85) for a $750 gain (2.9% gain).I got stopped out of my BRCM short at $29.25 (short at $27.60) today for an $825 loss (5.5 percent loss) . Railroads have been on fire of late and are just…

Here are five bullish and five bearish stocks from my watchlist. All of these stocks came from my weekly review of best and worst performing sectors. Charts and sector review courtesy of prophet.net Note: For some reason these charts are doing a number on my site, so I had to…

{Those visiting this site via Brett Steenbarger, The Kirk Report or another link, please check out the rest of my site by clicking on “The Market Speculator” link here or above. Thanks for visiting!} I’ve had my suspicions that a top is forming for quite some time, and now I…

I bought 700 shares CMED (China Medical Technoligies, Inc.) today at $25.15. The stock has alot of things going for it techinically. It broke out on strong volume over resistance, followed by a low volume pullback that bottomed with a bullish engulfing pattern. This is one of my favorite long…

Many of my long candidates come from the top performing sectors over a given time period. It’s no surprise that oil and steel stocks are on this list, as they have been on fire of late. Here are the top eight sectors over the past 20 days, via prophet.net. 1.…

As many of you know, I’ve been an oil bear the past few months, and it’s worked out quite nice. Well, at least in the very short term, I’m putting on the horns. There’s no allegiance in this game, and I’m now an oil bull, at least until they break…

Here are my thoughts on a few stocks requested by readers. I received a lot more requests than I expected, and couldn’t get to all of them, so I went with the first five requests. Please keep in mind these are not buy or sell recommendations. QCOM (Qualcomm, Inc):This stock…

I went short 300 shares OII at $36.05. I’ll have a chart posted tonight. I’ve got some free time tonight, so anybody who would like me to analyze and annotate a chart you are watching, feel free to e-mail me at or leave the stock’s symbol in the comments section.…

Here are the charts that lead me to make today’s entries. BRCM (Broadcom Corp.):I may have jumped the gun on this short, as the stochastics seem to be turning up from oversold territory and the stock printed a bullish hammer today. Maybe I got caught up in the poor earnings…

I sold my 500 share position in AAPL at $81.71 (entry at $78.67) for a $1520 gain (+3.8%). I still feel AAPL will at least reach it’s previous highs at $85, so I may re-enter on weakness. I sold my 500 share position in PRFT at $17.45 (entry at $16.82)…

Here are six stocks that head my shorts watchlist: BRCM (Broadcom), CAT (Caterpillar, Inc), BOOM (Dynamic Materials Corp.), VLO (Valero Energy), AKAM (Akamai Technologies, Inc) and TZOO (Travelzoo Inc.). Off Topics:Do the Trump Dance Ali G Pitches to Trump and Other Execs Ali G at the United NationsHow does this…

{Those visiting this site via TraderMike, TheKirkReport, or another link, please check out the rest of my site by clicking on “The Market Speculator” link here or above. Thanks for visiting!} Regular readers of my blog, or anybody who has read my trading goals, know that I have a day…

I bought 500 shares PRFT (Perficient, Inc.) at $16.82. The stock has been a nice momentum play and is consolidating after another breakout. My entry was timed the day after it printed an NR7 on the daily chart, with a stop placed just below the breakout point. If I wanted…

I bought 400 shares of AAPL (Apple Computer, Inc.) at $78.67. I detailed my reasons in two posts earlier this week. I’ve got a mental stop placed around $77.20. Boom(Dynamic Materials Corp.) has been an easy play over the past year. You buy at extermely oversold positions and sell short…

One of my favorite shows on television is Criminal Minds, which I feel is the smartest show on television. The quotes alone are worth the price of admission. Here are a few that could be applied to trading. Take a read and think about how each quote relates to trading.…

In Monday’s post, I noted that a breakout over $77.50 after earnings would be a good entry point for AAPL (Apple Computer, Inc.). After today’s bell, the company posted good earnings (although iPod sales weren’t great) and, as I type, is trading over $78. I don’t like to trade after…

I went short 400 shares of TIE (Titanuim Metals Corp) at $29.57. I have placed a stop just above $30 resistance. Stochastics are extremely overbought, but have not turned over yet, so I’m in this trade earlier than normal. Also, the stock has moved up to resistance on healthy volume,…