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.

Tuesday, June 21, 2011

US Stock of the Day for June 21, 2011

Well, here's where we stand...

GMCR - purchase on June 14 @ $76.23 sitting today @ $79.98, a 4.9% gain.   I'm keeping my stop loss slightly to @ $78.67.

ISRG - purchase on June 17th @ $346.05 and it closed @ $351.71, a 1.6% gain.  I'm bumping my stop loss to $346.25.

Overall = a total return of 5.5% so far in very difficult market conditions.

On June 20th I chose SINA @$86.75 with a stop loss @ $85.88.  

For June 21st, I'm gonna repeat my SINA order with a lower price of $82.60 and a stop loss @ $81.77.

See you on tomorrow!

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