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 28, 2011

US Stock of the Day for June 29, 2011

The advantage of my daily strategy is it minimizes losses, maximizes returns, and puts the profits in my pockets.  The past two weeks have been a great example of this... as this portfolio is up over 30%.

GMCR - purchase on June 14 @ $76.23 sitting today @ $88.69, a 16.4% gain.   I'm raising my stop loss to $82.48.

FOSL - purchase on June 27 @ $114.11 closing today @ $117.73, a 3.2% gain.

SINA - purchased on June 28 @ $96.34 (order set at $96.12 but it opened higher but under the 2% limit) closing the day @ $100.54, a 4.4% gain.  I'm setting my stop loss @ $97.51.

For June 29th, I'm choosing SWKS @ $23.90 with a stop loss @ $23.65.


OVERALL 

The Overall total return is 31.2% so far in difficult an unpredictable market conditions.


So far... 4 winners... 1 even... and 2 loser (at -1% each) for a great overall profit.

Are you getting in on any of these and enjoying the profits?

See you on tomorrow!
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