US Stock of the Day - Understanding How it Works

US Stock of the Day is for traders who are looking for a US Stock to trade each day. I base my picks on US Stocks I follow on the Nasdaq, Dow, S&P and other indices such as the Russell 1000, etc., watching for a swing in the momentum upward. I keep a tight stop loss on all trades to minimize my risk... and allow the great stock trades to continue rising. These are not recommendations... merely entertainment. Please see the warning at the bottom of this page.

If you have any questions, don't hesitate to contact me @ contactdoctorstock@gmail.com. For a Canadian stock of the Day, look at http://canadianstockoftheday.blogspot.com. Also, you may not be a short-term trader... for more stable, longer-term trades, check out http://investinthemarkets.com.

Thursday, June 9, 2011

US Stock of the Day for June 10, 2011

With the markets in retreat, we continue to be break even.  No money lost when only choosing one stock a day is not a bad thing.  

Nevertheless, we hope to see one catch sometime soon.  I think today's might.
  • For June 9th, I chose SLW @ $33.60 (stop loss at $33.25).  It got close, but didn't trigger.  Nevertheless, I'm going to leave that order in place for one more day.
  • For June 10th, I am choosing GMCR @ $77.55 (stop loss at $76.77).
I think from now on I'll keep a running tally to make it easier for those following to know exactly where we are at.  Watch and see... I suspect we'll be up every month despite market conditions.

See you tomorrow!
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